Crypto traders are betting big on ether ETH$2,516.33 in the wake of the recent rally. Last week, block traders, typically institutions and large players, executed bull call spreads on ether, purchasing the $3,500 call options while simultaneously …
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. This is Margaux Nijkerk and Sam Kessler, CoinDesk’s Tech team. In this issue: Hacking Attempt on Lido Results in 1.4 Ether Lost From …
Lido Finance, Ethereum’s largest liquid staking platform by locked value, has introduced a proposal that grants staked ether (stETH) holders direct voting power alongside existing DAO tokenholders. The upgrade, dubbed Lido Improvement Proposal (LIP …
Bitcoin pushed past the six-figure mark for the first time in over two months, coming within a hair of $104,000 in early Asian hours Saturday, as crypto markets staged a sharp rebound on improving macro sentiment and Ethereum’s latest network upgrade …
Ethereum’s ether ETH$2,206.26 led the market in early Asia hours as traders reacted favorably to the protocol’s recent Pectra upgrade, sending the token up nearly 20%, the biggest gain since 2021, and trading above $2100 according to market veri from …
CME Group’s cryptocurrency derivatives market posted a steep increase in trading activity in April, reaching a new average daily volume (ADV) of 183,000 contracts worth $8.9 billion in notional terms, the firm reported. That marks a 129% jump …
As bitcoin (BTC) and ether’s (ETH) recovery rally gathered momentum Tuesday, the perpetual futures market saw an even more pronounced increase in open interest, pointing to growing investor confidence as the Trump administration dialed back on its …
Mike Novogratz’s Galaxy Digital has apparently swapped $100 million worth of ether (ETH) for solana’s SOL. According to Wu Blockchain, on-chain veri suggests that Galaxy has swapped out a considerable amount of its ETH holdings for SOL. Over the last …
Ether (ETH), the second-largest cryptocurrency, has dropped 39% this year relative to bitcoin (BTC), the largest, taking the ratio between the two to the lowest in almost five years. At the current level, 1 ETH is the equivalent of 0.02191 BTC. That …
Call for “roll back” by some, to negate Bybit hack, immediately provoked a fierce reaction from the Ethereum community, which was firm in its belief that it wouldn’t happen.