Strategy buys 1,550 BTC for $101M as bitcoin stalls near $62,600
Strategy's $101M purchase — about 48x the BTC it sold in late May — landed flat, and derivatives positioning shows the market is bracing for Wednesday's U.S.
Ethereum is a decentralized, open-source blockchain platform designed to support smart contracts and decentralized applications without the control of any central authority. Often described as a programmable global computer, it allows developers to build a wide range of on-chain services, from financial protocols and NFT marketplaces to gaming platforms, using self-executing programs written primarily in Solidity. These smart contracts run on the Ethereum Virtual Machine, which is maintained by a global network of independent nodes. The native asset, Ether (ETH), functions as the network's currency. It is used to pay transaction fees, commonly referred to as gas, and must be staked by validators who propose and confirm blocks. In September 2022, Ethereum transitioned from Proof of Work to Proof of Stake through an event known as the Merge, reducing its energy consumption by more than 99 percent. An earlier upgrade, EIP-1559, introduced a fee-burning mechanism that can offset issuance during periods of high activity. Ethereum was proposed in 2013 by Vitalik Buterin, alongside several co-founders, and launched in July 2015. It belongs to the Smart Contract Platform and Layer 1 categories, and remains the largest ecosystem for decentralized application development.
Strategy's $101M purchase — about 48x the BTC it sold in late May — landed flat, and derivatives positioning shows the market is bracing for Wednesday's U.S.
The Japanese bank funnels retail deposit customers straight into SBI VC Trade — a banking-to-exchange onboarding funnel that most regulated retail markets still don't allow, with BTC, ETH and XRP as…
USDT's share of the crypto market just triggered a 50-week/200-week golden cross while its market cap fell for a third straight week — a combination that points to capital leaving crypto entirely,…
The Central Bank's whitelist for unqualified investors is the harshest retail channelisation yet — and it reframes the Russian market as a closed, rouble-gated pool ringfenced from global liquidity.
cirBTC lands as a fully reserved, Circle-issued wrapped Bitcoin — a direct competitor to WBTC and the first on-chain asset beyond USDC on Circle's stack before Arc Network goes live.
MicroStrategy's latest add lands the same week Bitcoin's 200-week MA has acted as a historical cycle floor — a convergence the Abra CEO says now points to a bottoming process over the next 90 days.
Circle has launched cirBTC on Ethereum, a 1:1 Bitcoin-backed token designed to bring native BTC collateral into…
Extreme Fear (10) sits at odds with a $2.26T market cap holding gains and Strategy buying through the dip — the divergence is the story, not the headline number.
The split flow on a single session is the cleanest recent read on positioning — $BTC vehicles saw net redemptions while $ETH funds attracted fresh capital the same day.
The chip-led bounce that hammered crypto last week is back — but the beta that drove the selloff hasn't flipped positive yet, leaving majors still deep in the red on the week.
More than 17 wallets linked to the project have been siphoned in an active exploit, with on-chain monitors flagging losses above $31M as the H token collapses on thin liquidity.
Tom Lee's publicly traded crypto firm Bitmine has acquired an additional 25,000 ETH — worth approximately $42.03…
The attacker is swapping stolen $H straight into $ETH in real time — a textbook exit-liquidity drain that turns a smart-contract bug into an instant market crash for everyone holding the token.
The exploit traced through 17 wallets hit the H token harder than the dollar loss — and a founder-confirmed private-key compromise means the attack vector was a single point of failure, not a…
The YC partner's ETHConf framing reframes crypto as invisible infrastructure — the same playbook payments, cloud, and GPS followed on the way to ubiquity.
Uniswap founder Hayden Adams pushed back against prevailing social-media pessimism at ETH Conf, arguing that…
Ethereum co-founder Joseph Lubin singled out Hyperliquid at ETH Conf as a "forcing function for the whole financial…
Ethereum co-founder Joseph Lubin told attendees at ETH Conf that tokenization is set to migrate every major asset class…
Joseph Lubin, co-founder of Ethereum, distilled the relationship between Bitcoin and Ethereum into a single line at ETH…
Buterin's privacy warning, echoed from a Zcash founder's framing, is the clearest signal yet that Ethereum's research community sees on-chain transparency as an active liability, not just a…
Ethereum is a global, open-source platform for decentralized applications.
Ethereum (ETH) launched on 2015-07-30.
Ethereum (ETH) is categorised as: Smart Contract Platform, Layer 1 (L1), Ethereum Ecosystem.
The official Ethereum site is https://www.ethereum.org/.
Most recent Ethereum coverage: "Strategy buys 1,550 BTC for $101M as bitcoin stalls near $62,600" — read at /en-US/a/strategys-1550-btc-buy-fails-to-lift-bitcoin-past-62600.