During a market upswing, $100K worth of ETH is traded for stablecoins via Vitalik Buterin’s ENS address.

During a market upswing, $100K worth of ETH is traded for stablecoins via Vitalik Buterin's ENS address.

Blockchain analytics show that a $100,000 ether transaction using the Ethereum Name Service (ENS) domain “vitalik.eth” resulted in the conversion of that amount of ether into an equivalent number of stablecoins on the Base blockchain. The address, which is allegedly owned by Vitalik Buterin, one of Ethereum’s co-founders, presently has 955.58 ether, valued at approximately … Read more

Study: 80% Increase in BTC and ETH Holdings as Institutions Become More Bullish on Ethereum in H2 of 2023

Study: 80% Increase in BTC and ETH Holdings as Institutions Become More Bullish on Ethereum in H2 of 2023

According to the most recent Bybit user asset allocation study, between July 2023 and January 2024, institutional digital asset portfolios’ concentration of bitcoin and ethereum rose from 50% to 80%. In contrast to regular investors, institutions seemed to be more optimistic about ethereum than bitcoin throughout this time. Five Percent of Institutional Digital Asset Portfolios … Read more

Cryptocurrency Prices Today: XRP & Solana Gain, Ethereum Falls To 3300, and Bitcoin Hits 61K

Cryptocurrency Prices Today: XRP & Solana Gain, Ethereum Falls To 3300, and Bitcoin Hits 61K

Today’s cryptocurrency prices show that Ethereum and Bitcoin are turning negative, while XRP, Solana, and Cardano continued to rise. Today’s major cryptocurrency values showed mixed results, with the price of Bitcoin (BTC) falling below $62,000 and some altcoins seeing notable increases. Furthermore, Ethereum dropped below $3,400. In the meanwhile, the value of several well-known altcoins … Read more