Bitcoin Surges as Ethereum Declines
CryptoQuant reports $BTC institutional spot buying outpaces $ETH, with $532M inflows on May 4, contrasting Ethereum’s stability due to reduced selling pressure. #Update #Crypto $BTC
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CryptoQuant reports $BTC institutional spot buying outpaces $ETH, with $532M inflows on May 4, contrasting Ethereum’s stability due to reduced selling pressure. #Update #Crypto $BTC
Arbitrum delegates approved the release of $71 million in frozen ETH linked to a Lazarus exploit, amid a legal dispute over ownership involving North Korean terrorism judgments. #Update #Crypto $ETH
A proposal to release $71 million in Ether frozen from the Kelp DAO exploit is set to pass, with over 90.5% voting in favor, aiding the recovery of rsETH’s backing. #Update #Crypto $ETH
Aave Labs has liquidated the Kelp DAO hacker’s remaining rsETH positions, advancing the recovery plan after a $293 million exploit. DeFi United is 10% short of needed ETH for full restoration. #Update #Crypto $AAVE
Quantum computers could break blockchain cryptography by 2030, warns Project Eleven, urging immediate migration to quantum-resistant systems for $BTC and $ETH. #Update #Crypto $BTC
Ether price rallies are consistently capped at $2,400, indicating a likely continuation of this trend in the near future. #Update #Crypto $ETH
Lazarus Group stole $300M in rsETH from Layerzero’s infrastructure. KelpDAO blames Layerzero, migrating to Chainlink CCIP for security. #Breaking #Crypto $LINK
Robert Kiyosaki warns Baby Boomers of a retirement crisis, advising investments in $BTC, $ETH, gold, and silver for financial security amid economic turbulence. #Update #Crypto $BTC
Kelp DAO plans to migrate rsETH to Chainlink CCIP amid ongoing disputes with @LayerZero, whose CEO Bryan Pellegrino announced an upcoming external security postmortem. #Update #Crypto $LINK
@Bitmine acquires 100,000 $ETH, raising reserves to 5.1 million amid a predicted market recovery termed “crypto spring,” driven by asset tokenization and AI demand. #Update #Crypto $ETH
Open interest in perpetual futures and onchain trading suggest traders may have anticipated @Robinhood’s crypto listings, with unusual pre-announcement trades noted for tokens like $LIT and $SNX. #Update #Crypto $LIT
BMNR stock is up 3% as @Bitmine adds 101,745 $ETH to its treasury, now holding 5.18M $ETH worth $12.06B and staked 4.36M $ETH for $297M annual revenue. #Update #Crypto $ETH
@Bitmine (BMNR) acquired 101,745 $ETH for $238 million, boosting holdings to over 5.18 million ETH as Chairman Thomas Lee announces a “crypto spring” amid improving market conditions. #Update #Crypto $ETH
Ethereum price rises above $2,355, consolidating with potential gains if surpassing $2,400. Trading above the 100-hourly SMA with support at $2,350. #Update #Crypto $ETH