Zcash co-founder and StarkWare CEO Eli Ben-Sasson delivered a pragmatic defense of the Ethereum ecosystem, explaining why developers will not abandon the second-largest cryptocurrency by market capitalization despite the prolonged crisis in the industry. The statement came amid a major identity crisis in Ethereum and record capital outflows from spot ETFs tied to the altcoin.
Bitcoin advocate Michael Saylor has hinted at another Bitcoin acquisition by Strategy yet again. For this, he posted one of his favorite market signals on social media.
Bitcoin's derivatives markets are pricing in a significant move as $40 billion in options open interest and another $40 billion-plus in futures contracts sit across major exchanges while the leading crypto asset trades at $73,600 on Sunday morning at 11:30 a.m. ET on May 31.