The losses amount to about $10 million, just for the past 4 days alone. A trader, known only by the handle “qwatio” on the social media platform X, has been under the spotlight for the on-chain analytics firm Lookonchain. Recent developments regarding the unfortunate losses include a partial liquidation of...
Vitalik Buterin Rejects Bitcoin Allocation Rule, Stays Committed to Ethereum
Vitalik Buterin dismissed calls to allocate 10% of portfolios to Bitcoin and reaffirmed his commitment to Ethereum over diversification. Ethereum co-founder Vitalik Buterin has addressed a claim by crypto analyst Udi Wertheimer, who suggested that every investor should allocate at least 10% of their portfolio to Bitcoin. Buterin disagreed, revealing...
Ethereum Price Analysis: Has ETH Hit the Bottom or Is More Downside Ahead?
Ethereum’s price has experienced a sharp decline following increased selling activity, reaching the decisive 100-day moving average at $3.1K. This level represents a crucial support zone and a potential inflection point for the cryptocurrency’s next move. Technical Analysis By Shayan The Daily Chart Ethereum’s bearish momentum has driven its price...
