The crypto world is a bit of a pressure cooker of anxieties these days. Inflation fears, regulatory crackdowns, and the omnipresent specter of rug pulls have investors on edge. Then, seemingly out of nowhere, Bit Digital waltzes in and flops down $172 million on the Ethereum table and says, “I’m...
The numbers are in: Ethereum's transaction volume is booming, hitting levels we haven't seen since the peak of the 2021 bull run. Daily number of transactions jumped 100% to 1.45 million! Amidst the excitement over DeFi and potential profits, a crucial question remains: Who actually benefits from this surge, and...
It’s a game of enormous risk that can send you to the moon. On the other hand, it could send you floating aimlessly through the star-studded abyss. Or is this a very risky bet based on shaky evidence? Or is this just a shiny object syndrome thing where they’re dazzled...
Alright, Ethereum’s daily transactions doubled, reaching an all-time high of 1.45 million. Everybody’s been feeling themselves, tooting their own horn about this “usage-driven demand,” and oh, this “macro bullish narrative.” I get it. It looks good on the surface. Let’s not over celebrate right off the bat. Because beneath all...
Okay, let's be real. Crypto can feel like a casino sometimes. You read about rug pulls, scams and projects that claim to deliver you to the moon, only to leave you with a crater. We all might scoff, and to be honest, rightly so if you’ve been burned. Then you...
It’s an exciting time in the crypto world! A wallet on Ethereum (ETH) that had not been active in over 10 years unexpectedly moved 1,140 ETH ($2.9 million)—the entire balance of the wallet—before transferring all funds to a new address. This thrilling development has certainly piqued the interest and imagination...
Ethereum, the second largest digital coin behind Bitcoin has recently had a significant shift of its “genesis coins.” These coins, minted during the very first stage of the Ethereum development, have sat dormant for almost 10 years. This burgeoning activity follows Ethereum’s near 2% climb in the last month. The...
Genesis wallets from Ethereum’s very beginning on Monday suddenly came to life after nearly 10 years of inactivity. In total, they moved 1,140 Ether tokens – worth approximately $2.9 million. Those wallets that start with address “0x27” and “0x7f” all got their coins 10 years ago. This was around the...
Now picture Aïsha, a 27-year-old mother in rural Kenya. She takes out a micro-loan, enabled by the same blockchain technology, to purchase fertilizer for her subsistence farm. In the past, that left her vulnerable to a debt spiral with predatory lenders. Today, blockchain provides her with a new opportunity—the opportunity...
The news broke: an Ethereum OG moved 900 ETH, worth a cool $2.2 million, after sitting on those genesis coins for nearly a decade. The crypto-sphere will write this off as just another whale doing whale stuff. Since they were only 900 ETH, it bears taking a closer look and...
