Justin Sun Boosts Ethereum Activity As Price Surges Past $3,800

Justin Sun, founder of Tron, has made another significant move in the Ethereum market. Eight hours ago, he deposited 20,000 ETH (valued at $76.3 million) into HTX, coinciding with Ethereum’s price breaking above $3,800. This brings his total ETH deposits into centralized exchanges (CEXs) since early November to 41,630 ETH ($145.9 million). Of this, 39,000 … Read more

Ethereum’s Bottom and Pump.Fun’s Fallout

Two weeks ago, bitcoin’s march toward $100K hit a temporary pause, while Pump.fun showed us the unsettling side of financialization coupled with livestreaming. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Bitcoin, ETH Capitulation, and Pump.fun Craziness … Read more

Institutional Investors Pour $376M Into Bitcoin ETFs; Ether Funds See $83M Boost

On Friday, U.S. spot bitcoin exchange-traded funds (ETFs) amassed inflows of $376.59 million, while spot ether funds raked in $83.76 million. Crypto ETFs Continue to Shine Throughout the week, the 12 spot bitcoin ETFs saw steady inflows daily, culminating in Friday’s impressive $376.59 million haul. Leading the charge was Blackrock’s IBIT, bringing in $257.03 million, … Read more