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Ethereum Foundation stakes $93 million of ether in a day, reaching its 70,000 ETH target – Cryptocurrency Market Analysis | Digital Financial News
The Ethereum Foundation staked roughly $93 million in ether (ETH) on Thursday in several batches, bringing its total staked position to approximately $143 million and nearly completing the 70,000 ETH staking target it announced in February, according to Arkham data.The total deposit of 45,034 ETH was split into uniform chunks of 2,047 ETH, each worth roughly $4.23 million, sent from the foundation’s treasury multisig to the Eth2 Beacon Chain deposit contract.At roughly $2,059 per ETH, the $143 million total staked position works out to approximately 69,500 ETH, nearly the full 70,000 ETH commitment. The foundation had been building toward the…
X Eyes Auto-Lock For Crypto Mentions After Tortoise Death Hoax – Cryptocurrency Market Analysis | Digital Financial News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A Solana memecoin linked to a false death report about Jonathan, the 193-year-old tortoise, reportedly jumped more than 6,000% before pulling back sharply after the hoax spread across X and other news outlets caught on. The token, called JONATHAN, was still trading at $0.00007998, according to reports. Token Surge Followed The Hoax The scam began with a post from an account pretending to be veterinarian Joe Hollins, the real doctor who has cared for Jonathan on Saint Helena, a British territory in the South Atlantic. The fake…
Coinbase Wins Key U.S. Banking Nod to Launch National Trust Bank – Cryptocurrency Market Analysis | Digital Financial News
Coinbase gains conditional OCC approval for a national trust bank, boosting crypto custody, payments, and institutional services under federal rules. Coinbase Global has taken a major step toward banking expansion in the United States. The Office of the Comptroller of the Currency granted the company conditional preliminary permission to develop a National Trust Bank. This action can transform the way cryptocurrencies are conducted under the supervision of the federal government. Coinbase Moves Closer to Federal Crypto Custody Expansion According to Bloomberg, Coinbase Global Inc. intends to move beyond trading services. The charter of the trust bank would establish a single…
CoinDesk 20 performance update: Bitcoin (BTC) trades flat while altcoins rise – Cryptocurrency Market Analysis | Digital Financial News
NEAR Protocol (NEAR) gained 5.8% and Avalanche (AVAX) climbed 3.6%. Digital Currency Market Dynamics:#CoinDesk #performance #update #Bitcoin #BTC #trades #flat #altcoins #rise
Is Your Crypto Funding Pyonyang? Inside Solana-Based Drift Protocol $286 Million Exploit – Cryptocurrency Market Analysis | Digital Financial News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Blockchain analytics firm Elliptic says the $286 million exploit of Solana-based Drift Protocol is most likely linked to the Democratic People’s Republic of Korea (DPRK). Solana Suffered One Of The Largest Crypto Exploits In History On April 1st, the DEX Drift Protocol suffered a major exploit that drained almost $300 million dollars in crypto assets from its core vaults. The exchange reported on it on its official X account as it was still undergoing: Drift Protocol is experiencing an active attack. Deposits and withdrawals have been suspended.…
Retail Bitcoin Activity Hits 9-Year Low: What’s Driving Investors Away? – Cryptocurrency Market Analysis | Digital Financial News
Retail Bitcoin activity has dropped to its lowest point since 2017. Here’s what on-chain data reveals about shifting investor behavior. Bitcoin’s retail base is quietly stepping back. On-chain analyst Darkfost recently flagged a striking trend: retail participation in Bitcoin markets has fallen to levels not seen since 2017. The 30-day moving average of BTC inflows to Binance from small investors, those sending less than 1 BTC, now sits at just 332 BTC. That marks the lowest point since Binance launched. Several forces are reshaping how everyday investors engage with Bitcoin. Read also: Bitcoin Death Cross Flashes: Is Final Capitulation Near?…
U.S. March jobs smash expectations, with 178,000 added – Cryptocurrency Market Analysis | Digital Financial News
The U.S. employment market rebounded in a big way from February’s sizable losses.According to a Friday morning release from the Bureau of Labor Statistics, the country added 178,000 jobs in March, after losing 133,000 positions the previous month. Economist forecasts had been for 60,000 jobs to have been added.The unemployment rate fell to 4.3% versus 4.4% in February and expectations for 4.4%.At least part of the beat was due to a sizable downward revision in the February data from an originally reported decline of 92,000.Trading quietly near the $67,000 level in the hours ahead of the data, bitcoin BTC$66,776.66 remained…
Barclays Says S&P 500 Trading at ‘Attractive Entry Point,’ Predicts SPX Surging 16% by Year-End – Cryptocurrency Market Analysis | Digital Financial News
The top equity strategist at Barclays believes the S&P 500 is offering a golden opportunity to long-term investors, predicting that the SPX will surge to new all-time highs before the year expires. In a new CNBC interview, Venu Krishna, managing director and head of US equity strategy at Barclays, says the S&P 500 is trading below a 20x price-to-earnings ratio, allowing investors to accumulate shares at an “attractive entry point.” According to Krishna, the bank believes that the conflict in the Middle East will not act as a long-term headwind for the market. “So I think, broadly speaking, our view…
Ethereum Looks To Bottom Against Bitcoin: What The Charts Are Saying – Cryptocurrency Market Analysis | Digital Financial News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum has spent the better part of recent months losing ground to Bitcoin, and this underperformance may now be approaching a turning point, at least according to a new technical outlook shared by crypto analyst CrediBULL Crypto. The technical analysis shows that the ETH/BTC pair is no longer breaking down and is now quietly settling down at a level that has always led to sell-off exhaustion in the pair. ETH/BTC Holds Range Lows As Selling Pressure Fades The ETH/BTC 12-hour chart tells a story that has been…
Ethereum Foundation Goes All-In on Staking With Massive ETH Move – Cryptocurrency Market Analysis | Digital Financial News
Ethereum Foundation stakes $46.64M ETH, reaching $96.59M total, signaling a shift from selling tokens to earning yield through staking. The Ethereum Foundation has made a major move by staking more Ethereum tokens. The most recent move puts approximately 46.64 million dollars worth of ETH into its staking pool. Consequently, its total staked holdings have changed to almost 96.59 million in response to a definite change in strategy. Ethereum Foundation shifts strategy from selling to staking ETH Arkham Intelligence states that the foundation has recently staked 22 517 ETH. This was transferred on 30 March 2026 out of its known 0xde0…