Tag: ETH

Ethereum Rally Gains Steam as BTC Whales Jump Ship

By Emir Abyazov Key highlights: BTC whales are swapping Bitcoin for ETH as Ethereum tests $4,600 support. Lookonchain tracked whale moves from dormant BTC to Ethereum holdings. Powell’s rate cut signal sparked risk-on sentiment in crypto markets. Bitcoin whales swap BTC for Ethereum as altcoin reaches new all-time highs Bitcoin whales are actively swapping BTC […]

DeFi Faces Uncertainty as U.S. Proposes Mandatory ID Verification

By Emir Abyazov Key highlights: U.S. Treasury explores mandatory identity verification in DeFi protocols. Integration of KYC and AML aims to curb illicit financial transactions. Critics warn this could undermine pseudonymity and financial freedom. The U.S. Treasury Department is considering embedding identity verification directly into decentralized finance (DeFi) smart contracts, a move that could radically […]