Author: Digicoinvision
Ethereum will retire its largest public testnet, Holešky, in two weeks, with validators and infrastructure teams preparing to migrate to Hoodi. The closure streamlines testing into specialized lanes, reflecting the protocol’s more mature and segmented operational needs. Summary Ethereum will retire its Holešky testnet in two weeks following the Fusaka upgrade. Validators and infrastructure teams are migrating testing operations to Hoodi. Holešky will no longer receive maintenance or support from core development teams. On September 1, the Ethereum Foundation’s Protocol Support team announced the formal two-week countdown to sunset the Holešky testnet, marking the end of one of the protocol’s…
Key Takeaways Smart Money drove $1.2 million into ENA, joined by $4.8 million from new wallets. Could the clash between conviction buyers and profit-takers decide its next big move? In the past 24 hours, Ethena [ENA] fell 7.75%, erasing nearly half of its 30-day 15% gains. Smart Money, meanwhile, has been quietly building exposure, hinting at a deeper story behind ENA’s latest moves. This came amid liquidity rotation and a tussle between spot and derivatives investors. AMBCrypto’s analysis shows how these flows shaped ENA’s trajectory. Smart money takes bold bet on ENA Smart Money, often recognized for making profitable bets…
Key takeaways:Bitcoin whales rotating billions of dollars into Ether highlight weakening conviction in Bitcoin’s $108,000 support among major players.Bitcoin derivatives show rising liquidation risks with $390 million in leveraged longs at peril below $107,000.Bitcoin (BTC) has traded within a narrow 2.3% range since the sharp decline from $112,500 on Friday. The absence of momentum can partly be attributed to regulated markets being closed for the US Labor Day holiday, but Bitcoin derivatives markets indicate a growing lack of confidence in the $108,000 support level.Bitcoin 30-day futures annualized premium. Source: laevitas.chThe Bitcoin monthly futures annualized premium currently sits at 7%, which…
Two of the largest centralized cryptocurrency exchanges, Coinbase and OKX, are introducing services for self-managed superannuation funds (SMSFs ) in Australia, giving individuals new ways to add cryptocurrency to the country’s retirement savings system.While Australians have been able to hold digital assets in SMSFs for several years, Coinbase and OKX are now packaging that access into dedicated products, Bloomberg reported on Monday.Instead of leaving investors to set up their own structures and manage custody independently, the exchanges offer services that combine referrals to accountants and law firms with integrated custody and record-keeping to meet audit requirements.SMSFs account for about a…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is once again in the spotlight as institutional demand and whale accumulation continue to shape the market, even in the face of a recent correction. Despite price retracements that have introduced uncertainty, the broader trend reveals that large investors are steadily rotating capital into ETH. Headlines about whales moving significant amounts of funds to accumulate Ethereum have dominated the news cycle, reinforcing the view that ETH remains a cornerstone asset for the next phase of the market. One of the most notable players driving this trend…
The crypto market is in a unique position, with fear rising and major altcoins like Bitcoin, Ethereum, and XRP trading below their recent all-time highs (ATHs), yet the fundamentals suggest that we’re on the brink of a huge breakout. There is an 87.6% chance of an interest rate cut in September, according to the FedWatch tool. Meanwhile, the industry faces virtually no legal obstacles; publicly traded companies are showing unprecedented interest in acquiring Bitcoin and altcoins; and the market is nearing its first true Altcoin Season since 2021, as Bitcoin dominance declines toward 57%. Look at the bigger picture and…
Polygon (POL) is approaching a critical juncture around the $0.28 mark, where recent momentum meets key resistance. The coming sessions could determine if buyers can push past this level for a breakout or if a pullback toward support near $0.26 will set the stage for consolidation. Polygon Uptrend Faces Resistance At $0.28 GemXBT, in a recent update shared on X, highlighted that Polygon has been trending upward, showing encouraging strength in its recent performance. However, the chart now reveals that the price is approaching a crucial resistance level at $0.28, while finding strong support around $0.26. From a technical perspective,…
RAK Properties, one of the largest publicly traded real estate company in the Ras Al Khaimah emirate of the United Arab Emirates (UAE), will start accepting cryptocurrency for international property transactions.According to a Monday announcement, RAK Properties will begin accepting payments in Bitcoin (BTC), Ether (ETH) and Tether’s USDt (USDT), among others. The move underscores the growing adoption of digital assets in the UAE, a sector projected to become one of the country’s largest in the coming years.Crypto transactions will be handled by Hubpay, a global payments platform based in the region. Hubpay will convert digital assets into the UAE’s…
Ether exchange-traded funds (ETFs) surged with $1.08 billion in weekly inflows, while bitcoin ETFs added $441 million, marking a bullish week for crypto funds despite a Friday pullback. Institutional demand, led by Blackrock’s products, remained the key driver. Crypto ETFs Close Strong With ETH Dominating Weekly Inflows Institutional money is still flowing into crypto, and […]
Bitwise CIO Matt Hougan has stated that a growing number of professional investors are skipping Bitcoin and turning directly to Ethereum as their first crypto investment. This has long been regarded as the entry point into digital assets, and Bitcoin is now sharing the spotlight with Ethereum. Ethereum Emerging As First Choice For Professional Investors In Ripdoteth’s update on X, Bitwise CIO Matt Hougan has revealed on live that an interesting trend is emerging. He claims that many professional investors are bypassing Bitcoin and going directly to Ethereum, whose utility in decentralized finance, smart contracts, and Web3 applications is increasingly…