Ethereum’s highly anticipated Pectra upgrade could set the stage for the next phase of the 2025 crypto market cycle, according to analysts, even as Ether continues to underperform Bitcoin. The Ether (ETH) price fell over 32% during February, finding a local bottom at an over two-month low of $2,073 before recovering to the current $2,245…
Bitcoin active addresses are nearing a three-month high, signaling a potential crypto market capitulation that may stage a price reversal from the latest correction. Active addresses on the Bitcoin network surged to over 912,300 on Feb. 28, a level not seen since Dec. 16, 2024, when Bitcoin (BTC) traded for around $105,000, Glassnode data shows….
The US government has done “nothing” to address crypto debanking issues since US President Donald Trump returned to the White House, according to Custodia Bank’s CEO Caitlin Long. Speaking on stage at ETHDenver on Feb. 28, Long said while the “perception is that there has been a loosening, none of the federal banking agencies have…
North Korea’s Lazarus Group laundered another 62,200 Ether, worth $138 million, from the Feb. 21 Bybit hack on March 1 — leaving only 156,500 left to be moved, a pseudonymous crypto analyst noted. Approximately 343,000 Ether (ETH) of the 499,000 Ether stolen from the $1.4 billion Bybit hack has been moved, said X user EmberCN,…
An Ethereum researcher has pitched a new block proposal solution that aims to democratize Ethereum’s currently centralized block building process by implementing a “shared random algorithm.” The “Decentralized Random Block Proposal” would leverage Byzantine Fault Tolerance (BFT) to eliminate Maximal Extractable Value at the block level, fully democratize block proposing and possibly accelerate propagation — the…
The US spot Bitcoin exchange-traded funds recorded a $94.3 million inflow on Feb. 28 — breaking eight consecutive days of outflows as Bitcoin made a partial recovery toward $85,000. The ARK 21Shares Bitcoin ETF (ARKB) and Fidelity Wise Origin Bitcoin Fund (FBTC) led the way with $193.7 million and $176 million in net inflows respectively,…
Swiss National Bank (SNB) President Martin Schlegel reportedly doesn’t want to make Bitcoin a reserve asset in Switzerland — citing a lack of stability, liquidity concerns and security risks. Schlegel’s position opposes a proposal from Swiss Bitcoin nonprofit think tank 2B4CH and other Bitcoin advocates to constitutionally mandate SNB to hold Bitcoin (BTC) on its…
The Ethereum Foundation has announced a new leadership structure consisting of two co-directors of the Foundation, Hsiao-Wei Wang — a core researcher at the Ethereum Foundation, and Tomasz Stańczak, the CEO of Nethermind — one of the largest execution clients on Ethereum. According to the March 1 announcement, Wang has seven years of experience as…
Longtime Ethereum (ETH) developer Danny Ryan recently announced he is joining Etherealize — an organization responsible for marketing the Ethereum ecosystem to institutional investors — as a co-founder alongside Vivek Raman. Ryan said he would complement Raman’s focus on bridging the real world to Ethereum by bridging Ethereum back to the real world. The developer…
What is Milei’s “Libragate” controversy? An X tweet by Argentine President Javier Milei resulted in a crypto controversy threatening his political position. It all started when Milei endorsed the token LIBRA on X, describing it as a project focused on boosting economic growth by supporting small businesses and startups. Given Milei’s 3.8 million followers and…
