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CryptoQuant analysts argued that ETH price could rise above $5,000 amid increasing on-chain activity and institutional demand.
Sygnum Bank has published a report with its 2025 predictions for Bitcoin and altcoins.
Quick Take At The Block’s Emergence conference, the CEOs of Abra and Arch, both active in crypto lending, shared insights into the current landscape. This column is adapted from The Scoop newsletter.
Quick Take MegaLabs, the developer of MegaETH, raised $10 million in under three minutes on Echo, marking the platform’s largest sale to date with 3,200 investors from 94 countries. Frank Richard Ahlgren III from Austin, Texas, was sentenced to two years in prison on Thursday for falsely underreporting capital gains made from selling $3.7 million worth of bitcoin. Crypto exchange Gate.io dismissed rumors of a security breach on Friday morning, confirming no abnormalities or issues were detected. The follow
Quick Take Sheila Warren has been leading CCI for the past three years. CCI’s Board of Directors appointed Ji Hun Kim, currently the group’s chief legal and policy officer, to become acting CEO.
- 19:03In the past 24 hours, contracts across the entire network have liquidated $479 million, mainly in long positionsCoinglass data shows that in the past 24 hours, the total liquidation of contracts across the entire cryptocurrency market was $479 million USD, with long positions accounting for $332 million USD and short positions accounting for $148 million USD. The total amount of BTC liquidated was $70.3878 million USD, while ETH liquidations totaled $73.4036 million USD.
- 19:02Vitalik: Currently, a major transformation is being carried out on the leadership structure of the Ethereum FoundationEthereum co-founder Vitalik Buterin has stated that a major overhaul of the leadership structure of the Ethereum Foundation is currently underway, and this change has been ongoing for nearly a year. Some of these changes have already been implemented and announced, while some are still in progress. The main goals to be achieved are: - Enhancing the technical expertise level of the Ethereum Foundation's leadership;- Improving two-way communication and connections between the Ethereum Foundation's leadership and both new and old participants in its ecosystem. The responsibilities of the Ethereum Foundation include supporting: users (individuals and institutions), application developers, wallets, L2;- Introducing fresh talent to increase execution ability and speed;- More actively supporting application developers to ensure important values and inalienable rights (especially privacy, open source, resistance to censorship) are realistic for all users including those at the application layer;- Continuing to increase use of decentralized technology, privacy technology as well as usage on Ethereum chain including payments and fund management. Things that will be avoided in future include: - Implementing any kind of ideological/atmospheric shift;- Beginning active lobbying with regulatory bodies or powerful political figures (especially in America but actually anywhere especially big countries), risking damaging Ethereum’s status as a globally neutral platform; -Becoming an arena for vested interests; -Becoming highly centralized organization or even becoming "the protagonist" within Ethereum.
- 19:00Data: After profiting from TRUMP, a certain whale has once again changed positions to swarmsAccording to on-chain analyst @ai_9684xtpa, 7 hours ago, the address "8HKXH...W4nwA" sold 2.82 million SWARMS at an average price of $0.1217 (approximately $344,000) and used the obtained SOL to buy TRUMP. Two hours ago, this address cleared its inventory for a profit of nearly $172,000. Through a new address, it spent $485,000 in principal profits to buy back swarms at an average price of $0.1215 per coin. Compared with before, the account has increased its holdings by 1.35 million swarms.