Bitcoin short-term holders ‘over-reaction’ a factor in BTC’s drop below $50K — Glassnode
Glassnode says short-term holders have “carried the brunt” of losses from Bitcoin’s recent drop below $50,000.
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Bitcoin price charges higher, but whales line up to sell BTC at $20K
Bitcoin (BTC) staged a welcome comeback after the Sept. 28 Wall Street open as bulls faced off with whale-sized sellers.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWhales lie in wait at $20,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining over $1,000 on the day to see highs of $19,656 on Bitstamp.The move characteristically copied…

Weekend Wrap: Germany moves $80M more BTC, Vitalik donates 100 ETH and more
The German government has moved $80 million worth of BTC to an unknown wallet; Vitalik Buterin donates 100 ETH to make Ethereum “great again,” and more.

Crypto Markets See Mild Volatility on The Day, Fail to Hold Sharp Rebound Trend
Saturday, Nov. 23: crypto markets have seen some volatility on the day, but failed to hold a sharp rebound attempt. The top 20 cryptocurrencies by market cap are seeing their prices stabilize after another sell-off yesterday, according to CoinMarketCap.As of press time, the major 20 crypto markets are seeing a mix of red and green,…

Dogecoin, CryptoCurrency Reddit communities surge as crypto euphoria heats up
The subreddits for Dogecoin and CryptoCurrency added a combined 232,697 subscribers last week, far outpacing the growth of all other communities. 5100 Total views 25 Total shares With much of the market fixated on Bitcoin’s (BTC) sudden price correction over the weekend, retail interest in digital assets appears to be on the rise, according to…

Ethereum risks another 60% drop after breaking below $1K to 18-month lows
The price of Ethereum's native token, Ether (ETH), careened below $1,000 on June 18 as the ongoing sell-off in the crypto market continued despite the weekend.Ether reached $975, its lowest level since January 2021, losing 80% of its value from its record high in November 2021. The decline appeared amid concerns about the Federal Reserve's…

Ethical hacker intercepts $2.6M in Morpho Labs exploit
A white hat MEV operator front-ran a malicious transaction involving $2.6 million in crypto assets from the Morpho Blue protocol. A known maximal extractable value (MEV) white hat actor intercepted about $2.6 million in crypto assets stolen from Morpho Labs’ decentralized finance (DeFi) protocol. On April 10, Morpho Labs implemented a front-end update on its

DeFi Tokens Outperformed Bitcoin in Q2 but Will the Rally Continue?
Compound, the Decentralized Finance protocol, reached the $1 billion dollar mark in funds borrowed from its protocol on June 13, with its top three markets being the DAI and USDC stablecoins followed by Ether (ETH).Currently, MakerDAO’s DAI takes the lead with 79.88% of value borrowed from its protocol. Stablecoins seem to be popular in Compound…

Report: Ethereum’s Gas-Guzzling Suspected Ponzi FairWin Funds at Risk
The biggest Ethereum contract in the industry, dubbed FairWin, is allegedly putting user funds at risk and continues to guzzle a major amount of gas on the network.Multiple crypto social media users have been analyzing what they believe to be the fastest-growing Ponzi scheme on Ethereum. On Sept. 27, blockchain developer Philippe Castonguay warned:“The http://FairWin.me…