• Bitcoin Blasts Past 90K, Ethereum Upgrades Fumble, DeFi Hacks, and Institutions Circle

  • Apr 22 2025
  • Duración: 4 m
  • Podcast

Bitcoin Blasts Past 90K, Ethereum Upgrades Fumble, DeFi Hacks, and Institutions Circle

  • Resumen

  • Crypto Market Analysis: Daily Bitcoin, Ethereum & DeFi Updates podcast.

    Hey crypto crew, it’s Crypto Willy here with your action-packed weekly roundup from the world of Bitcoin, Ethereum, and DeFi—the markets haven’t let up, so let’s dig in and make sense of the big moves, power plays, and curveballs from the last seven days.

    Bitcoin just smashed through $90,000 for the first time since early March. That’s right, Satoshi’s original is flexing its dominance again. This comes as macro markets—think stocks and bonds—have been shaky, and gold just tapped record highs. Bitcoin looks to be the digital “safe haven” trade of choice once again. Over on Binance, the BTC/USDT pair jumped 18% in trading volume, with 2.9 million BTC moving hands, while Kraken saw a 10% surge in BTC/ETH volume. That’s a lot of action and a clear signal: traders are actively rotating, likely in response to recent crypto ETF outflows that saw both Bitcoin and Ethereum take a temporary dip in network activity and price momentum.

    But it hasn’t been all roses for Ethereum this week. The ETH/BTC ratio dropped to a five-year low, highlighting Bitcoin’s current dominance. And if you were watching Whale Alert, you saw a staggering 102,400 ETH—about $350 million at today’s prices—move from Binance to the Binance Beacon Deposit. That’s enough to raise eyebrows across the chain, though the reasons haven’t been made public yet. A lot of eyes are on these whales, since big on-chain moves often signal upcoming volatility or strategic shifts by exchanges or institutions.

    Zooming into Ethereum’s tech, there’s still buzz from the Dencun upgrade and what it means long term. Dencun, which went live in March, was designed to lower fees and boost scalability, especially across Layer 2 networks. But the upgrade’s fallout is still being felt in the DeFi world. SIR.trading, built by Xatarrer and his community, was hit by a $355,000 exploit directly linked to a vulnerability from the Dencun update. Over at zkLend, a $9.6 million flash loan attack unfolded, with the hacker bizarrely admitting to losing most of the stolen funds to a phishing scam. Both cases highlight the ongoing cat-and-mouse game between DeFi innovators and attackers, with nearly $29 million lost to exploits in March alone.

    In DeFi news, Ripple’s RLUSD stablecoin officially went live on the Aave V3 Ethereum Market, marking another step in the stablecoin arms race. Meanwhile, Shardeum—the world’s first EVM-based autoscaling Layer 1—is launching its mainnet, promising even more scalability and lower fees for developers and users.

    Across the Atlantic, Dutch bank ING is reportedly assembling a stablecoin consortium, aiming to bring TradFi powerhouses together with crypto firms—a move that could reshape how big money enters DeFi. And in U.S. regulatory land, crypto ally Paul Atkins just replaced Gary Gensler as SEC Chairman, a major shift that could mean friendlier policy and, hopefully, more regulatory clarity for digital assets.

    That’s the scoop for this week, folks. Bitcoin’s blazing, Ethereum’s innovating and occasionally stumbling, DeFi’s fighting off exploits, and the institutions are circling. Stay sharp, keep your wallets safe, and I’ll catch you next week for more market moves and blockchain banter.

    Get the best deals https://amzn.to/3ODvOta
    Más Menos
adbl_web_global_use_to_activate_webcro805_stickypopup

Lo que los oyentes dicen sobre Bitcoin Blasts Past 90K, Ethereum Upgrades Fumble, DeFi Hacks, and Institutions Circle

Calificaciones medias de los clientes

Reseñas - Selecciona las pestañas a continuación para cambiar el origen de las reseñas.