Cardano Network Surges with Record Activity as ADA Price Breaks $1
Cardano's blockchain network hits a two-year high with 840,000 daily transactions while attracting major institutional investment. The platform's technical advancement with zero-knowledge smart contracts and increased whale accumulation signals strong momentum for ADA's growth.
Ethereum Co-founder Offloads $72M in ETH Amid Market Rally
Jeffrey Wilcke, an Ethereum co-founder, transferred 20,000 ETH worth $72M to Kraken exchange, continuing his years-long liquidation pattern. Despite selling over 356,000 ETH since 2016, Wilcke still holds approximately $382M worth of ETH as the cryptocurrency approaches $3,700.
Cardano Sees Massive Surge as Short-Term Holders Accumulate 3 Billion ADA
Short-term investors have amassed over 3 billion ADA tokens since October, reaching an 8-month high of 8.42 billion ADA valued at $9 billion. While the accumulation coincides with price recovery above $1, historical patterns suggest caution as similar spikes previously preceded corrections.
Swiss Canton of Bern Embraces Bitcoin Mining to Manage Energy Surplus
The Canton of Bern, Switzerland has approved pioneering legislation to explore Bitcoin mining as a solution for surplus electricity management. The initiative will examine how mining operations could stabilize the local grid while creating economic opportunities in the region.
Ethereum Price Rally Ignites $10,000 Target Predictions from Market Analysts
Ethereum's impressive 36% monthly gain and breakthrough above $3,480 has analysts forecasting ambitious price targets. Technical indicators and institutional interest fuel predictions of a 'second bull run' that could push ETH towards $10,000 or higher.
Crypto Exchange XT.com Halts Withdrawals Following $1.7M Security Breach
Seychelles-based crypto exchange XT.com suspends withdrawals after hackers steal $1.7 million in digital assets. While user funds remain secure due to the platform's reserve system, the incident highlights ongoing security challenges faced by cryptocurrency exchanges.
Bitcoin Whales Offload 500,000 BTC as Price Nears $100K Milestone
Long-term Bitcoin holders have sold over half a million BTC during the latest rally, while still realizing record profits of $2.02 billion daily. Despite substantial selling pressure, the volume remains lower than the previous cycle as Bitcoin approaches the $100,000 mark.
DeFi Development Rankings: Synthetix Leads Monthly Activity Report
Blockchain analytics firm Santiment's latest monthly rankings reveal Synthetix maintaining its top position among actively developed DeFi projects. The report highlights continued innovation across decentralized trading platforms, with DeepBook and Radix completing the top three spots.
Brazil Considers $18.6 Billion Bitcoin Reserve in Pioneering Financial Strategy
Brazilian lawmaker proposes groundbreaking bill to allocate 5% of national reserves to Bitcoin, aiming to hedge against economic risks and support the country's digital currency initiatives. The legislation would position Brazil among the first nations to integrate cryptocurrency into sovereign reserves while promoting blockchain education and crypto sector development.
CrossFi Expands Global Reach with Gate.io Exchange Listing and Reward Program
CrossFi announces the listing of its XFI token on Gate.io exchange, offering a $30,000 reward program through Gate.io's Startup initiative. The platform aims to bridge traditional banking with blockchain technology while providing non-custodial crypto-to-fiat payment services across 200+ countries.