Starknet, a leading Ethereum Layer-2 scaling solution, recently experienced a four-hour outage following its Grinta upgrade. This significant downtime raised concerns about the reliability of Layer-2 networks. The Great Shutdown The Grinta upgrade, intended to improve Starknet’s speed and stability, instead caused a node synchronization bug. This resulted in a complete standstill: no transactions, no…
Is the recent Bitcoin price drop the bottom of the barrel, or is there more downside to come? A look at social media sentiment suggests we might not have hit bottom yet. The “Buy the Dip” Hype Isn’t a Good Sign Santiment, a crypto analytics platform, says the recent surge in “buy the dip” chatter…
Bitcoin exchange-traded funds (ETFs) are seeing some positive movement again, but Ethereum is still the star performer. Bitcoin ETFs: A Modest Comeback Last week, Bitcoin spot ETFs saw a net inflow of 3,018 BTC (around $329 million). This is good news after several weeks of outflows. While it’s a small amount compared to previous inflows,…
MicroStrategy (now just “Strategy”), a huge Bitcoin holder, might be joining the S&P 500 index. This could be fantastic news for Bitcoin (BTC). Strategy’s S&P 500 Entry: A Bitcoin Bull Market Catalyst? Crypto analyst Lark Davis thinks Strategy could be added to the S&P 500 as early as this Friday. If this happens, it could…
South Korean retail investors are swapping their Tesla shares for crypto-related stocks. This shift highlights a growing preference for digital assets over traditional tech giants. Tesla’s Losing Streak Tesla’s popularity among South Korean investors has plummeted. Bloomberg reports a massive $1.8 billion sell-off over the last four months. August alone saw $657 million in outflows…
Bitcoin’s mining activity just reached a new peak, even though the price of Bitcoin itself is down. This is a big deal! What’s the Hashrate? The “hashrate” measures the total computing power used by Bitcoin miners. Think of it as the collective strength of all the computers working to secure the Bitcoin network. A higher…
Matt Hougan, CIO of Bitwise, recently revealed a surprising trend: many institutional investors are choosing Ethereum (ETH) as their first crypto investment, bypassing Bitcoin (BTC) altogether. This is a significant shift, as Bitcoin has traditionally been seen as the gateway to the crypto world. Why Ethereum Over Bitcoin? Hougan explains this trend by comparing Bitcoin…
Ethereum (ETH) is hanging tough around $4,400, showing resilience even though the market’s been a bit shaky lately. The price is kind of stuck in a holding pattern right now, with buyers and sellers in a stalemate. Is This a Dip or a Setup? Some folks think ETH might drop below $4,000, pointing to slowing…
A massive amount of Ethereum (ETH) was recently purchased by a major Bitcoin whale, causing quite a stir in the crypto market. Let’s break down what happened and what it might mean. A Whale’s Big Buy One of the biggest players in the Bitcoin world secretly bought a whopping 820,220 ETH over two weeks—that’s roughly…
Ethereum co-founder Joe Lubin recently made some bold predictions about Ethereum’s future, suggesting a massive price increase and a shift in the cryptocurrency landscape. Lubin’s Bullish Outlook Lubin believes Ethereum’s price could increase by a factor of 100. He envisions a future where major financial institutions like JPMorgan (who’ve been involved with Ethereum since 2014-2015)…
