List of Flash News about Ether (ETH)
Time | Details |
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2025-07-05 05:38 |
Bittrue Hacker Profits $9.3M on Ether (ETH) Before Laundering $30M via Tornado Cash; WLFI Token Set to Become Tradable
According to @rovercrc, a hacker who stole $23 million from the Bittrue exchange in 2023 has reportedly made a $9.37 million profit by strategically trading Ether (ETH) and is now laundering $30 million through the Tornado Cash mixing service. Citing Debank data, EmberCN reported that the hacker sold the stolen tokens in 2023, repurchased them at a lower price, and held through ETH's recent rally. On-chain data from Etherscan also reveals deposits to the decentralized derivatives exchange HyperLiquid. Currently, ETH is trading around $2,520. In a separate development, the Trump-affiliated World Liberty Foundation announced a significant policy change, stating its WLFI token will soon become transferable and tradable, a reversal of its initial non-tradable design. This move could open up WLFI to secondary market speculation. |
2025-07-04 21:00 |
DeFi TVL Soars Past $50B on Institutional Wave, But Bitcoin (BTC) and Ether (ETH) Face Profit-Taking Risks
According to @MilkRoadDaily, a report by analytics firm Artemis and Vaults.fyi reveals that the total value locked (TVL) in top DeFi lending protocols has surged by 60% over the past year to nearly $60 billion. This growth is reportedly driven by increasing institutional participation and the integration of DeFi as a backend financial layer for user-facing apps, a trend known as the 'DeFi mullet'. Key examples cited include Coinbase using Morpho's infrastructure for Bitcoin (BTC) backed loans and the rise of tokenized real-world assets (RWAs). Despite this underlying strength and improving macroeconomic conditions, the broader crypto market is showing signs of fatigue. Major cryptocurrencies like Bitcoin (BTC), Ether (ETH), Dogecoin (DOGE), and Solana (SOL) are experiencing short-term profit-taking, with traders cautiously locking in gains as tokens approach local resistance levels. Analysts like Jeffrey Ding from HashKey Group remain optimistic, suggesting digital assets will continue to grow as institutions further integrate into the industry. |
2025-07-02 10:14 |
Crypto Profit-Taking Warning: Bitcoin (BTC) and Ether (ETH) Show Fatigue Despite Circle (CRCL) Stock Surge in South Korea
According to @KookCapitalLLC, despite a constructive macroeconomic backdrop, the broader crypto market is showing signs of fatigue and potential profit-taking. Major cryptocurrencies including Dogecoin (DOGE), Tron (TRX), XRP (XRP), BNB (BNB), Solana (SOL), and Cardano (ADA) have posted losses between 3% and 5.5%. Ether (ETH), which recently outperformed, has also cooled after briefly touching $2,800, prompting cautious traders to lock in gains near resistance levels. However, analysts remain positive on the macro outlook. Augustine Fan of SignalPlus noted that mainstream sentiment has improved following Circle's successful IPO, as cited in the report. Jeffrey Ding, Chief Analyst at HashKey Group, pointed to progress in U.S.-China trade talks and softer inflation data as favorable for risk assets. Separately, a frenzy among South Korean retail investors has driven Circle (CRCL) stock up over 500% since its debut, with nearly $450 million invested this month, a trend linked to the country's upcoming legalization of KRW-backed stablecoins. |
2025-07-02 09:59 |
Bitcoin (BTC) Price Plummets Below $104K as Geopolitical Tensions with Iran Trigger Market-Wide Sell-Off
According to @MilkRoadDaily, escalating geopolitical tensions, fueled by President Trump's social media statements regarding Iran, have triggered a significant downturn in the cryptocurrency market. Bitcoin (BTC) experienced a 3.8% drop, falling below the $104,000 level. The broader market followed suit, with an index tracking the top 20 cryptocurrencies declining by 6.1%. Major altcoins like Ether (ETH) and Solana (SOL) both slumped by 7%, while Sui (SUI) dipped nearly 10%. The sell-off extended to crypto-related equities, with Coinbase (COIN) and MicroStrategy (MSTR) down 2-3%, and Bitcoin mining firms such as Riot Platforms (RIOT) and Hut 8 (HUT) losing 6-7%. Javier Rodriguez-Alarcón, CIO at XBTO, stated that the conflict introduced a "significant geopolitical risk premium," causing a flight from risk assets. Analyst Matteo Greco from Finequia added that potential impacts on Iran's oil production could lead to price spikes and renewed inflation. Prediction markets on Polymarket now indicate a 65% probability of U.S. military action against Iran before July. |