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Whale Loses Over $8,430,000 After Capitulating on Ethereum and Two Additional Altcoins: On-Chain Data

Whale Loses Over ,430,000 After Capitulating on Ethereum and Two Additional Altcoins: On-Chain Data

An unknown whale has sold off their altcoin positions for a massive loss after prices dipped, according to on-chain data. First reported by blockchain tracking service Lookonchain, one whale capitulated their positions in Ethereum (ETH) and layer-2 altcoins Optimism (OP) and Arbitrum (ARB). Lookonchain says the whale, with wallet addresses beginning with 0x12199 and 0xac218, […]

The post Whale Loses Over $8,430,000 After Capitulating on Ethereum and Two Additional Altcoins: On-Chain Data appeared first on The Daily Hodl.

Canaan Introduces Bitcoin Mining Home Heaters at CES 2025

Optimism to roll out new Superchain features for layer-3 devs

The layer-2 Ethereum scaling provider wants to onboard developers to build layer-3 DApps on its Superchain.

Ethereum scaling solution provider Optimism is looking to take its blockchain throughput a step further by onboarding layer-3 applications on top of the OP Stack.

On May 8, the Optimism team said that they were welcoming layer-3s to the Superchain where they can build on the OP Stack and share revenue with the Optimism Collective.

The OP Stack is the open standard codebase that powers development on Superchain, but it “isn’t limited to L2 chain deployers and app builders,” said the team before adding “it can also be leveraged by an ecosystem of L3s.”

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Canaan Introduces Bitcoin Mining Home Heaters at CES 2025

As Crypto Prices and Sentiment Fall, One Analyst Says Bitcoin’s Back Slide Is Almost Over

As Crypto Prices and Sentiment Fall, One Analyst Says Bitcoin’s Back Slide Is Almost Over

After a week of falling prices for crypto led by Bitcoin (BTC), a widely-followed analyst says the bottom is nearly in. Crypto trader Michaël van de Poppe warns his 715,600 followers on the social media platform X that it could still take some time for BTC to recover from falling nearly 7% in the last two weeks. […]

The post As Crypto Prices and Sentiment Fall, One Analyst Says Bitcoin’s Back Slide Is Almost Over appeared first on The Daily Hodl.

Canaan Introduces Bitcoin Mining Home Heaters at CES 2025

Arbitrum Outpaces Ethereum in Daily Transactions Amidst L2 Networks’ Surge 

Arbitrum Outpaces Ethereum in Daily Transactions Amidst L2 Networks’ Surge Recent statistics reveal that the layer two (L2) network Arbitrum has experienced a significant increase in daily transactions. On Tuesday, the network’s daily transactions even exceeded those on the Ethereum platform. Additionally, following Ethereum’s Dencun upgrade, other L2 networks such as Optimism have also witnessed an uptick in activity. Arbitrum Transfers Spike Metrics indicate that […]

Canaan Introduces Bitcoin Mining Home Heaters at CES 2025