1inch Investment Fund Abruptly Accumulates $10,000,000 in Ethereum Amid Market Downturn: On-Chain Data
A blockchain tracker finds that the investment fund associated with the decentralized exchange (DEX) aggregator 1inch (1INCH) abruptly accumulated $10 million worth of Ethereum (ETH) over the weekend. Blockchain tracker Lookonchain notes that the 1inch investment fund wallet also bought a total of 17,000 ETH worth $26.
Timeline of 1inch, Ethereum
Robinhood owns fifth-largest Ethereum wallet, holding $2.54B in ETH - CryptoSlate
Arkham Intelligence said on Aug. 30 that the trading app company Robinhood holds the fifth-largest account on the Ethereum blockchain. The intelligence platform previously identified Robinhood as the owner of the third-largest Bitcoin address, which holds 118,300 BTC ($3 billion).
Dormant Ethereum Address Reawakens as Market Consolidates - Coingape
In a remarkable turn of events, the crypto community was recently captivated by the reawakening of a dormant Ethereum whale. The Dormant Whale's Resurgence Lookonchain, a prominent blockchain analytics platform took to the X platform to announce that an Ethereum whale, inactive for a staggering two years, had deposited a substantial amount of 6,087 ETH
Fidelity: How ‘does utility translate into value for ether the token?' - Blockworks
In laying out the bull case for ether on Wednesday, Fidelity's digital assets subsidiary said dapps built on Ethereum are “capable of things that could not be done on Bitcoin's network due to Ethereum's superior programmability.”
Robinhood Is The Fifth Largest Ethereum Wallet With $2.54B In ETH - Coincu
Investment and trading platform Robinhood has emerged as a significant holder of cryptocurrency, with its fifth-largest Ethereum (ETH) wallet containing $2.54 billion, according to data from Arkham Intelligence. These funds are securely maintained to manage user balances, reflecting the company's custody approach.
The Protocol: Friend.tech Fades as Crypto Craze, but Ethereum Is Scaling - Coindesk
This week in blockchain tech: Polygon's new "chain development kit," Farcaster's move to Optimism, Shibarium's return and Interlay's new Bitcoin layer-2 network, and Pancake Swap expands to Consensys's Linea.
USDC dominance dropping on Ethereum since the beginning of the year: stablecoin suffers advance of Tether (USDT) - The Cryptonomist
Since the beginning of the year, Circle and its USDC stablecoin have seen a decrease in dominance on the Ethereum blockchain reflecting a downsizing for the cryptocurrency pegged to the value of the dollar.
Ethereum Handled Friend.tech Frenzy Without 'Gas Fee' Spike. Why That's a Big Deal - Coindesk
Friend.tech, Crypto's latest fad, didn't drive up congestion and fees on Ethereum the way frenzies have in the past – possibly a sign that the blockchain's efforts to scale by fostering supplemental "layer-2" networks, like Coinbase's new Base, are bearing fruit.
Ethereum Price Prediction for 2023, 2024, 2025, 2030 and Beyond - NewsBTC
Ethereum has rapidly become the second most valuable cryptocurrency after Bitcoin. With its recent transition to a proof-of-stake consensus model and its expanded capabilities, Ethereum's future looks bright.
Ethereum Tops $1,700 Following Economic Data; Stacks Emerges As Top Gainer - Benzinga
Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the $27,000 level on Wednesday. Ethereum (CRYPTO: ETH), also recorded gains, trading above the key $1,700 mark this morning.
Just-In: End Of “Goerli” As Ethereum Clients Release Updates For Holesky Testnet - Coingape
Ethereum client Nethermind on Wednesday said it has released an update for validators clients and node operators to effectively update to the upcoming Holesky testnet. Meanwhile, Ethereum clients have started offering updates in response to the Holesky testnet launch on September 15, which marks a significant step in Ethereum's evolution.
