Author: Crypto Insider

After rallying to $4,091 leading into the Dencun upgrade, Ether has underperformed over the last month compared to Bitcoin and the broader crypto market, leading traders to doubt whether the altcoin’s downtrend is over. To put this into context, Bitcoin’s price fell by 18% during the same period, while the total cryptocurrency market capitalization dropped by 16%. A number of…

The Ethereum network recently hit the one million validator milestone, with 32 million Ether currently staked, valued at approximately $114 billion based on current market prices. On March 28, the Dune Analytics dashboard created by Hildobby to track Ethereum staking progress showed that the network achieved a validator count of one million, with the 32 million ETH staked…

Cryptocurrency exchange KuCoin will hold an airdrop of Bitcoin and its native KuCoin (KCS) token worth $10 million, according to a letter from CEO Johnny Lyu posted on the exchange’s blog on March 27. The news comes a day after the United States Justice Department announced charges against the exchange and two of its founders. Lyu did not…

A clear ascending triangle is forming on the Bitcoin dominance chart, signaling a potential surge in Bitcoin’s market share, according to several crypto traders. Some, however, argue it’s going to go the other way. “The BTC dominance train is about to leave the station,” crypto trader and Into The Cryptoverse founder Benjamin Cowen declared to his…

Ethereum co-founder Vitalik Buterin has proposed a technique to incentivize better decentralization of Ethereum by penalizing correlated failures among validators. Buterin posted his thoughts on March 27 regarding supporting decentralized staking “through more anti-correlation incentives” to the Ethereum Research forum. He suggested if multiple validators controlled by the same actor fail together, they would receive a higher penalty than…

Ethereum layer-2 scaling network Optimism is putting aside $3.3 billion worth of its Optimism (OP) token for its community to grant to projects or people deemed important contributors to the blockchain’s ecosystem. On March 26, the chain’s governance and community arm, Optimism Collective, said that some of the 850 million OP would be doled out…