TLDR Bitmain slashes S19 and S21 ASIC prices as hashprice hits multi-year lows Deep discounts and auctions signal urgent push to clear older Hydro stock Bundle and hosting deals pair hardware with 5.5–7¢ power to drive volume Operators delay shipments into 2025–2026 while margins stay under strain Industry retrenchment grows as weaker revenues curb demand […]
Bitcoin Eyes Key Breakout as Gold, Silver Set Post-Christmas Records
The post Bitcoin Eyes Key Breakout as Gold, Silver Set Post-Christmas Records appeared on BitcoinEthereumNews.com. Bitcoin (BTC) aimed for $90,000 on Boxing Day as precious metals set yet another all-time high. Key points: Bitcoin seeks a retest of $90,000 as TradFi markets return after the Christmas break. Gold and silver waste no time in setting […]
Bitcoin Whales Accelerate Withdrawals as Retail Activity Fades
TL;DR On-chain data shows whales accumulating Bitcoin, withdrawing ~20,352 BTC ($1.79B) from exchanges in December. Eight of ten major exchanges saw net whale outflows, led by Bybit and Gemini, signaling a shift to accumulation. Retail sentiment is fearful (Fear & Greed Index at 27), contrasting with whale behavior. On-chain Bitcoin data reveals a growing divergence […]
Aave DAO Rejects Brand Ownership Proposal After Governance Vote
The post Aave DAO Rejects Brand Ownership Proposal After Governance Vote appeared on BitcoinEthereumNews.com. Aave token holders voted against a controversial governance proposal seeking to place control of the protocol’s brand assets under DAO ownership. On Friday, the snapshot poll closed with 55.29% voting “NAY” and 41.21% abstaining. Only 3.5% of voters supported the proposal. […]
How the Crypto Market Reacted Under Pro-Crypto Trump and Meme Coin Trends
The crypto market experienced notable volatility despite a supportive political backdrop. During this period, the White House expressed favorable views on crypto, regulators eased, ETFs launched, and certain legal hurdles receded. Yet, prices still declined, highlighting that markets often react differently than anticipated. Understanding this dynamic helps explain why some meme coins gained renewed interest […]
XRP ETFs Log 7 Weeks of Inflows, Yet Price Remains Stuck
XRP ETFs recorded net inflows for seven consecutive weeks, even as the token’s price remains locked in a sustained downtrend. Since their launch, the funds have not posted a single day of outflows, establishing themselves as the main source of macro support. On the trading day before Christmas, the ETFs attracted $11.93 million in positive […]
Trust Wallet to Refund $7M Following Chrome Extension Vulnerability
TLDR Trust Wallet confirmed a $7 million loss due to a breach in its Chrome extension. Users of version 2.68 of the Trust Wallet extension were impacted. Trust Wallet promises to fully reimburse the affected users. Trust Wallet urges users to upgrade to version 2.69 to avoid risks. Trust Wallet has confirmed a significant security […]
Ethereum Tokenization Gains Momentum: Tom Lee Shares Bullish Forecast
Ethereum Set to Lead in Institutional Digital Asset Tokenization Ethereum’s increasing integration into financial markets was highlighted this week by industry experts, emphasizing its potential to transform traditional finance through blockchain innovation. Notably, Tom Lee, co-founder of Fundstrat Global Advisors, forecasted that Ethereum’s price could surge to between $7,000 and $9,000 by early 2026, driven […]
BNB Smart Chain schedules Fermi hard fork for Jan. 14
BNB Smart Chain has scheduled the activation of its Fermi hard fork on mainnet for Jan. 14, following nearly two months of testing on the network’s testnet. The upgrade will reduce the block interval from 750 milliseconds to 250 milliseconds, aiming to support time-sensitive applications that require sub-second block confirmations. According to technical documentation from […]
China Curbs Silver Fund Subscriptions After 60% Premium Surge
The post China Curbs Silver Fund Subscriptions After 60% Premium Surge appeared on BitcoinEthereumNews.com. China suspended subscriptions to the UBS SDIC Silver Futures Fund LOF’s Class C shares after its price surged over 60% above underlying silver futures value, driven by social media-fueled retail demand. PBOC officials announced the halt effective Monday to mitigate risks […]