Author: coinadrenaline
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In 2024, liquid staking became the dominant niche in DeFi. Offering an opportunity to unlock extra liquidity to the crypto industry without minting excessive Ethereum (ETH), the technology rose to the top of the DeFi mountain and crossed the threshold of $60 bln in TVL. It is to little surprise, as block reward accruing assets are the most productive assets in decentralized finance and should be used as high-quality collateral in DeFi. However, despite the surge in…
Ethereum has been struggling to reclaim the $2,800 mark as support, leaving investors uncertain about the short-term direction of its price. The second-largest cryptocurrency has been unable to start a recovery rally, with analysts increasingly calling for a bearish continuation. The negative sentiment has been fueled by Ethereum’s underwhelming performance compared to market expectations, keeping the price range bound below key supply levels. Despite the pessimism, some investors remain hopeful that Ethereum could enter a recovery phase soon. A potential rebound could emerge as the market begins to find stability. Adding to the optimism, top analyst Ali Martinez shared key…
Este artículo también está disponible en español. Ethereum has been struggling below the $2,800 mark for weeks, unable to reclaim it as support and spark a recovery rally. This critical resistance level has kept bulls at bay, leaving the price action stagnant and fueling negative sentiment in the market. Analysts call for a bearish continuation, citing Ethereum’s inability to break through key supply zones. The broader market uncertainty and the persistent selling pressure have only added to concerns, making investors increasingly cautious about Ethereum’s short-term prospects. Related Reading However, not everyone is bearish. Some investors remain optimistic that Ethereum could…
State Street and Citi are considering offering crypto custody services. According to a report from The Information, the banks aim to provide safekeeping solutions to institutional investors, traders, and large funds.A bank executive told the report that State Street plans to roll out crypto custody services next year. The institution is one of the world’s largest custody banks for traditional assets like stocks and bonds. Moreover, the report mentions that BNY Mellon, which already provides custody services for Bitcoin (BTC) and Ethereum (ETH), is looking to expand its offerings to include a broader range of tokens. Traditional financial institutions are increasingly involved…
The Pectra network upgrade is scheduled to activate on Ethereum testnets! Pectra Overview It will go live on Holesky at epoch 115968 (Feb. 24, 21:55 UTC) and then on Sepolia at epoch 222464 (Mar. 5, 7:29 UTC). The Pectra testnet client releases are listed below. Once both testnets have successfully upgraded, a mainnet activation epoch will be chosen. Pectra follows last year’s Dencun upgrade. It introduces features to augment Ethereum accounts, improve the validator experience, support L2 scaling, and more! This post explores these three major improvements in detail. For a more comprehensive overview, see ethereum.org’s guide to the upgrade.…
Este artículo también está disponible en español. Short term Bitcoin holders (STHs) have been aggressively adding the OG cryptocurrency to their portfolios since September 2024, adding over 1.5M BTC. This takes the total tally of Bitcoin with STHs to 4M. In case you didn’t know, short-term holders are those market participants who hold the token for less than 155 days. Can Short-Term Holders Buy More $BTC? Interestingly, all of the previous Bitcoin rallies have come when short-term holders have exhausted their buying momentum. For instance, in the 2013 cycle, STHs held almost 5M BTC, while in the 2017 cycle, they…
Founder: Nicolas BurteyDate Founded: September 2019Location of Headquarters: United StatesNumber of Employees: 11Website: https://www.galoy.io/Public or Private? PrivateLast week, Galoy launched Lana, software that enables banks to accept bitcoin as collateral for loans.Lana helps community and challenger banks (the banks with which Galoy is looking to work) to offer bitcoin-backed loans to various types of customers.“Some banks might want to use it to sell to retail, and some might want to use it to sell commercial customers or high-net-worth individuals,” Burtey told Bitcoin Magazine.In offering such loans to a wide array of customers, Burtey believes that the high cost of borrowing…
In contrast to its historic peak in daily transfer volume last year, Bitcoin’s transactional activity in 2025 has dwindled to its lowest level in over eight months. During particularly sluggish intervals on certain days this year, blocks on the Bitcoin blockchain have been processed irregularly, creating an unpredictable environment for mining participants. Bitcoin’s Onchain Slowdown: […]
It was another volatile trading week in the Bitcoin (BTC) market marked by almost equal amounts of losses and gains. According to data from CoinMarketCap, Bitcoin moved between $95,000 – $98,000, forming a strong consolidation zone. However, popular crypto analyst Burak Kesmeci states the critical levels for the premier cryptocurrency lie outside this price range. Bitcoin Key Levels To Watch – $94,000 Support Vs. $117,000 Resistance In an X post on February 14, Burak Kesmeci shared an interesting technical analysis on the BTC market highlighting two key zones that could decide the short-term price direction. One of these critical zones…
Bitcoin banks are going to happen. We already have a few of them. We’re going to have more of them. Existing legacy banks are going to start offering services. New banks are going to be founded around Bitcoin. This is completely unavoidable at this point. Bitcoin doesn’t scale. Even absent that, people value other services that inherently require other parties. Debt being the chief one. This is an inescapable reality. Even if we could snap our fingers and roll out every well specified opcode and covenant proposal at once, it would still take a lot of time to begin building…