The Ethereum Foundation treasury has $1.3 billion in Ethereum, $300 million in non-crypto investments, and another $11 million in other cryptocurrencies, according to a 2021 financial report released today. As of March 31, 2022, the foundation’s Ethereum holdings amounted to nearly 3% of the entire ETH supply.  The foundation regularly announces grant spending and donations on its blog, but this is the first time it has published an annual financial report. As the network matures, the… Source link

Image: Ulrich Baumgarten/Contributor Community members for privacy-focused cryptocurrency Monero are planning to simultaneously withdraw their holdings from a series of exchanges in an effort to prove that the exchanges are selling Monero that they don’t actually possess. The self-described “Monerun”—as in bank run—is planned for Monday 18 April, which is also Monero’s 8th birthday.  “April 18th. We’re withdrawing XMR from exchanges. Any exchange that hasn’t disabled withdraws… Source link

Bitcoin (BTC/USD) Analysis Aggressive Fed rate hike hopes, strong dollar weighs on bitcoin Key Highlights BTC declined below $40,000 on long liquidation in the futures market. The strength in the US dollar in hopes of aggressive rate hikes has also put pressure on risky assets like Bitcoin. Technical Analysis Intraday trend – Bearish On the daily chart, the pair is trading below Tenken-Sen ($41334), Kijun-sen ($43726), and Ichimoku Kumo cloud ($40956). Bitcoin hit an intraday low of $38,547 and is… Source link

Popular crypto analyst Michaël van de Poppe is predicting rallies in XRP and Litecoin (LTC) and says one key metric will spark the next big bull phase of the digital asset markets. The analyst tells his 584,000 Twitter followers that XRP appears to be compressing in its Bitcoin pair (XRP/BTC), coiling up for a breakout. “This chart looks so similar to the previous cycle in 2014 and 2017. Seems like we’re going to have that big run on XRP again. The more the chart squeezes,… Source link

What Makes Parody Coin (PARO) a Better Investment Option than Ethereum (ETH) or Litecoin (LTC)? Parody coin is one of the most innovative and secure cryptocurrencies in the market today Parody Coin (PARO) is a new cryptocurrency that has many features that make it a better investment than Ethereum (ETH) or Litecoin (LTC). It is one of the most innovative and secure cryptocurrencies in the market today. It was created by a group of developers from the United States, Germany, and Australia, who… Source link

While the broader market took a nearly 4% 24-hour plunge on its global market cap at press time, Terra, Litecoin and STEPN’s 4-hour RSI swooped toward the bearish side. As this setback occurred on high volumes for these alts, the buyers needed to find their ground soon to stall the current sell-off. Terra (LUNA) Source: TradingView, LUNA/USDT After the sellers tested the long-term 61.8% Fibonacci support for the better part of February, the bulls finally propelled a recovery phase…. Source link

Share this article The Ethereum Foundation has published its first report. In addition to helping the Foundation communicate its vision to the community, the report also breaks down its $1.6 billion treasury holdings.  Ethereum Foundation Details Holdings Ethereum’s largest non-profit has revealed how much ETH it owns.  The Ethereum Foundation published a new report Monday as part of its efforts to increase transparency and communicate its vision to the Ethereum community. The 28-page… Source link

Bitcoin and Ethereum have dropped below $40,000 and $3,000, after dipping below 4% and 5% respectively in the last 24 hours.  Currently priced at $38,962 and $2,904, respectively, the two largest cryptocurrencies by market cap have been in a recent slump. In the last week, both cryptocurrencies have fallen by almost 8%. The latest series of price drops can likely be attributed to the mining industry, which has experienced several developments that may have put further pressure on… Source link

You’d run out of fingers counting the good things about Ethereum ( ETH -2.88% ). The list includes the cryptocurrency’s No. 2 ranking based on market cap, its massive returns in recent years, its status as the leading blockchain for other digital tokens, and more. However, there’s at least one negative for Ethereum that has developed into a not-so-encouraging trend over the past several months. What is this trend — and should Ethereum investors be worried?

Source: Adobe/alswart   The Monero (XMR) community scheduled the v15 network upgrade for mid-July after reaching a consensus — an upgrade that will not include the “Monero 2.0” hard forks. Meanwhile, some project supporters are trying to orchestrate “The Monerun.” “Monero is set to hard fork on July 16th 2022 at block 26688881, after the community has reached consensus in today’s Monero Development Workgroup meeting,” Monero… Source link