Ethereum Short $100M Bet Near Liquidation
Wallet 0x50b3 opens a $100.33M short on 47,604 $ETH at 23x leverage on Hyperliquid, risking liquidation if ETH rises above $2,149.84. #Update #Crypto $ETH
Wallet 0x50b3 opens a $100.33M short on 47,604 $ETH at 23x leverage on Hyperliquid, risking liquidation if ETH rises above $2,149.84. #Update #Crypto $ETH
$BTC and $ETH ETFs see over $1 billion in outflows as investors shift to alternative tokens like Hyperliquid’s $HYPE, which surged 59% this month. #Update #Crypto $HYPE
Bank of America reduces $ETH and $SOL holdings, pivots to Bitcoin with expanded ETF and treasury exposure, underscoring institutional shift towards $BTC. Crypto $BTC
Ethereum Foundation holds 0.16% of all $ETH, focusing on decentralization and privacy; Buterin emphasizes AI-assisted verification for bug-free Ethereum. #Update #Crypto $ETH
Ethereum co-founder @VitalikButerin defends the Ethereum Foundation’s focus on decentralization and cybersecurity amid criticism over its role and ETH price decline, currently at $2,094. #Update #Crypto $ETH
Researchers warn that AI is accelerating the quantum threat to crypto, prompting urgent security rethinks as blockchain networks like $ETH and $NEAR adapt to evolving risks. #Update #Crypto $ETH
Ethereum pullbacks have triggered accumulation activity as investors capitalize on lower prices, suggesting potential bullish sentiment in the market. #Update #Crypto $ETH
Blockchain researcher William Mougayar defends the Ethereum Foundation, stating it is fulfilling its role as a protocol steward amid criticism. $ETH trades at $2,117.09, up 4.67% today. #Update #Crypto $ETH
Fantasy Top, a blockchain-based fantasy sports game using NFT trading cards of crypto influencers, will shut down in June after paying out over $20M to players. #Update #Crypto
Ethereum Foundation’s leadership crisis deepens as 9 key figures depart, sparking market concerns. Simon Dedic urges business focus; Dankrad Feist proposes $1B alternative group. #Update #Crypto $ETH
Alphractal CEO Joao Wedson notes Bitcoin’s negative Sharpe ratio indicates high risk, while Ethereum remains neutral; $BTC at $75,642 and $ETH at $2,060. #Update #Crypto
Boerse Stuttgart’s Seturion partners with flatexDEGIRO, Societe Generale, and SG-FORGE to create a blockchain-based settlement network for tokenized securities in Europe. #Update #Blockchain
Ethereum price is consolidating below $2,150 with potential for a rally if it breaks this resistance. Key supports are at $2,110 and $2,065. #Update #Crypto $ETH
A crisis is brewing at the Ethereum Foundation as key figures exit, prompting calls for a new organization aligned with Ethereum’s economic interests; community frustration grows over leadership and strategic direction. #Update #Crypto $ETH