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The L2 project MegaETH, backed by Vitalik, is about to launch its public sale.


Quick Take Summary is AI generated, newsroom reviewed. BitMine purchased 104,336 ETH worth $417 million during a 20% price dip. Rising Ethereum whale activity signals renewed institutional accumulation. On-chain data confirms large holders are steadily increasing their positions. The move highlights confidence in Ethereum’s long-term strength despite short-term volatility.References 🔥 TODAY: BitMine bought 104,336 $ETH worth $417M as prices fell 20% from August highs, per onchain data.


With the transfer of 127,271 BTC, the United States has become the world's largest sovereign holder of bitcoin.

Which new-generation projects are attempting to break away from the old path of "speculative games"?
- 05:57aPriori releases airdrop announcement tweetOn October 17, crypto trading infrastructure startup aPriori posted an airdrop preview tweet on its official X account: "Airdrop claim loading (49% completed)". As previously reported, on August 28, aPriori completed a new $20 million funding round with participation from HashKey Capital, Pantera Capital, Primitive Ventures, and others, bringing its total funding to $30 million. The company utilizes high-frequency trading methods in an attempt to reduce many issues plaguing the crypto market, such as excessive spreads and maximum extractable value (MEV) leakage.
- 05:32A certain whale sold 91,356 AAVE at a price of $225, with a transaction amount reaching $20.59 million.According to Jinse Finance, Onchain Lens monitoring shows that a "whale" (referring to a large holder) sold 91,356 AAVE tokens at a price of $225, with a transaction amount reaching $20.59 million (settled in USDC).
- 05:05Placeholder partner: After the recent sharp decline in the crypto market, sustained buying is unlikely in the short term; BTC may be repurchased if it falls to $75,000 or below.ChainCatcher News, former Ark Invest Head of Crypto and current Placeholder VC partner Chris Burniske posted that he increasingly feels last Friday’s plunge has left the crypto market stagnant in the short term. After such a crash, it’s hard to quickly form sustained buying momentum. This cycle has been disappointing for most people, which may limit action as everyone waits for the market to recover or reach previous historical highs. It’s easy to get caught up in the minutiae of the charts, but if you look at the monthly charts for BTC and ETH, they show we are still in a high range (though cracks have appeared), especially if you are considering taking profits. MSTR is declining, gold is sending warnings, so is the credit market, and stocks will be the last to react. We can always expect a weak rebound, but I have already taken action (remember, cashing out is never all or nothing). I will observe how BTC reacts to $100,000, but if BTC reaches $75,000 or lower, I may become interested in the market again. This bull market is different from previous ones, and the next bear market will also be different.