5h ago
Ethereum Daily Transactions Reach 2.9 Million as Address-Poisoning Spam Inflates On-Chain Activity
Ethereum recently processed nearly 2.9 million transactions in a single day, setting a new on-chain record while its price hovered around $3,170 with minimal movement. Onchain researcher Andrey Sergeenkov attributes most of this uptick to large-scale address-poisoning scams involving tiny stablecoin dust transfers, which inflate transaction and address counts without indicating genuine user demand. His analysis links roughly 80% of the abnormal growth in new addresses to low-value stablecoin activity, amplified by lower fees following the Fusaka upgrade.
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ETH
ETH-4.32%
5h ago
2d ago
Axie Infinity's AXS Faces Dense Resistance Zone After Strong Momentum Move
Axie Infinity's AXS token has extended a volatile upswing on the daily chart, with price now pressing into a tight resistance band between $2.287 and $2.338 while momentum indicators remain firmly bullish. Technical signals such as rising 9-day and 20-day EMAs, an overbought RSI, and a widening positive MACD histogram point to strong upside pressure, but nearby resistance and large order-book walls around $2.161 and $2.500 could decide whether the rally continues or retraces toward support near $1.546–$1.523. Traders monitoring AXS may see breakout or rejection behavior around these levels as key triggers for the next move.
AXS
AXS+27.84%
2d ago
2d ago
Brian Armstrong Says White House Talks on U.S. Crypto Market Bill Remain Constructive
Coinbase CEO Brian Armstrong said on X that White House negotiations over a U.S. crypto market structure bill remain "super constructive" and that officials asked the exchange to explore a deal with banks. Earlier this week, journalist Eleanor Terrett reported the administration could pull support after Coinbase paused talks, a claim Armstrong disputed while emphasizing work on ideas for community banks.
2d ago
1-17
France Flags 30% of Crypto Firms Unresponsive Before June 30 MiCA Licensing Cutoff
French market regulators warn that around 30% of the 90 crypto firms registered in France have not indicated whether they will seek authorization under the MiCA framework ahead of the June 30 deadline. Companies must inform the AMF if they will apply for a MiCA licence or close down, or they risk losing the right to operate in France and across the EU. Industry voices say compliance costs and banking-style requirements, especially for stablecoins, could push smaller actors out of the European market.
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