The firm behind the “Crypto Wealth Report” said it received a spike in the number of crypto-related inquiries by millionaires in the last six months. A report released by London-based investment migration consultancy firm Henley & Partners suggests there were more than 40,000 crypto millionaires in the world holding Bitcoin. According to the “Crypto Wealth…

“It’s reckless not to aggressively accumulate BTC at current levels,” K33 senior analyst Velte Lund says in a new report. The potential of a spot Bitcoin exchange-traded fund (ETF) approval to drive prices up is dramatically underestimated by the crypto market, claim analysts from crypto research firm K33 — formerly Arcane Research. In a Sept. 5…

A lack of network activity and ground lost to competitors could eventually play a role in ETH losing the $1,600 support. Ether’s price surged by 31.3% from March 10 to March 18, coinciding with the Federal Reserve’s injection of $300 billion to address the insolvency of Silicon Valley Bank. Since then, Ether’s price has consistently maintained a daily…

Circle’s USDC is now available natively on Base and Optimism, and Coinbase accounts can transfer the stablecoin to Base for the first time. Circle’s USD Coin has launched natively on both the Base and Optimism networks, allowing Circle account holders to send the stablecoin from their accounts to either network. Coinbase has also made USDC transfers…

Solana has seen steady inflows over the last nine weeks, even as other crypto investment products have faced outflows over a similar period. Solana investment products clocked $26 million worth of inflows since the start of 2023, outpacing all other altcoins, including Ether, suggesting it’s the “most loved altcoin amongst investors” according to CoinShares. In a…

Private payment services can gain a monopoly with no benefit to other market players or economic stability, ECB board member Fabio Panetta said. The European Central Bank (ECB) is quite happy with the European Commission’s legislative proposals for the digital euro. ECB executive board member Fabio Panetta told the European Parliament’s Committee on Economic and…

Ethereum co-founder Vitalik Buterin says node centralization is one of Ethereum’s main challenges but the perfect solution may not come for another 20 years. The centralization of nodes is one of the biggest problems facing the Ethereum network and should be addressed by making the running of nodes cheaper and easier, according to Ethereum co-founder…

Ethereum co-founder Vitalik Buterin has sold his remaining MakerDAO, while confidence has remained high for upcoming spot Bitcoin ETF approvals. Buterin sells remaining MakerDAO tokens Ethereum co-founder Vitalik Buterin has sold his remaining stack of 500 MakerDAO tokens (MKR), a day after MakerDAO proposed a potential move away from Ethereum to competitor blockchain Solana. On-chain…

Shibarium network activity has soared despite the price of SHIB falling more than 20% since the tumultuous launch of the layer-2 network. The total number of wallets on Shiba Inu’s newly launched layer-2 blockchain, the Shibarium network, has surpassed the one million mark in a meteoric rise since its relaunch. The milestone — announced in…

The crypto entrepreneur believes it would scare off bad actors and strengthen the state of the Ethereum network. Matter Labs co-founder and CEO Alex Gluchowski has proposed an Ethereum court system resembling a hierarchical court system similar to the real world. In a Sept. 2 post on X (Twitter), Gluchowski floated the idea for an “Ethereum Supreme Court” —…