BlockPress

BlockPress

Ethereum whales are buying the most ETH since 2018

Ethereum’s price action currently exhibits a striking resemblance to its 2017 performance. Despite a shift in underlying market drivers, ETH is consolidating within a multi-month range, mirroring a pattern that ultimately preceded a remarkable 1,000% surge. This parallel warrants close…

Tether blocks $12.3M in USDT tied to suspicious Tron addresses

A major stablecoin issuer recently froze approximately $12.3 million in user funds, citing potential violations of anti-money laundering (AML) regulations or involvement in illicit activities. This action underscores the ongoing challenges faced by the cryptocurrency industry in balancing user privacy…

Why is Solana (SOL) price up today?

Solana (SOL) is experiencing a price surge today, fueled by a confluence of positive factors that suggest a bullish outlook for the cryptocurrency. The primary driver behind this upward momentum is the growing optimism surrounding potential approval of Solana-based exchange-traded…

Crypto funds notch $1.9B of inflows as Bitcoin rebounds

Crypto exchange-traded products (ETPs) have witnessed a surge in investment, marking a significant milestone in the industry. Year-to-date inflows have reached a record-breaking $13.2 billion, fueled by consistent weekly influxes of capital. This substantial increase reflects growing investor confidence and…