News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
When L3s started trending, they were met with initial skepticism — but as more use cases emerge, the clearer their need becomes
Quick Take In a new blog post, Ethereum co-founder Vitalik Buterin has shared his thoughts on three issues core to Ethereum’s decentralization: MEV, liquid staking, and the hardware requirements of nodes. In Buterin’s view, many of the concerns around Ethereum’s centralization can be addressed through smart protocol design and upgrades, some of which are already in progress.
Quick Take This is an excerpt from the second edition of The Block’s The Funding newsletter sent to our loyal readers on May 18. The Funding is a fortnightly newsletter written by Yogita Khatri, The Block’s longest-serving editorial member. To subscribe to the free newsletter, click here.
TON is slowly capturing the Layer 1 market share with a notable performance so far.
Reported holdings of spot bitcoin ETFs were a mere fraction of the total cumulative trading volume during the first quarter.Holders made up a diverse set of financial institutions including Morgan Stanley, a hedge fund that manages the endowments of Yale University and Princeton University, and the State of Wisconsin Investment Board.
TON and NEAR are among the few altcoins in the red now.
- 12:28Top trader Eugene: The market will continue to rise after the election, bullish on SolanaTop trader Eugene Ng Ah Sio analyzed the current market situation on social media as follows: 1. The speculative long positions in October have basically been wiped out. 2. I believe most people plan to avoid risk in the election about a week after November 5th. This catalyst just advanced the time by a few days (which is why I was defensive a few days ago.) 3. Considering everything that's happening on Solana today, since the AI memecoins craze, SOL is undoubtedly a clear asset choice. 4. From a technical analysis perspective, SOL has retested its resistance level of six months and turned it into support after showing extreme relative strength, which is where to buy in. Now that positioning is clear and prices have risen sharply, we think we can continue an upward trend after the election.
- 12:27Su Zhu: Already long on ETH and SOLSu Zhu posted on X stating that he has gone long on ETH at $2475 and long on SOL at $175.
- 12:26The top three holdings of GSR Markets on the Solana chain are JTO, RENDER, and TNSRArkham data shows that the top three holdings of crypto market maker GSR Markets on the Solana chain are JTO, RENDER, and TNSR, holding tokens worth 28.05 million USD, 3.77 million USD and 2.86 million USD respectively.
