ETH derivatives show strong buyer dominance, leading traders to target $2,500 to $2,600 as the next crucial rally. Ether (ETH) futures on Binance have risen to a near two-month high as aggressive buyers stepped into the market over the past week. Buy-taker volume rose above $5 billion, and the current setup suggests the ETH rally is poised to continue. On Binance, the 24-hour cumulative net taker volume reached $5.5 billion, rising 72% from $3.2 billion earlier in the month. The metric tracks the difference between market buy and sell orders, indicating who is driving price action. The 30-day average has stayed positive since March 1, returning to levels last seen in July 2022. The positive readings point to consistent buyer aggression. Read more
The GSR Crypto Core3 ETF is GSR's first crypto exchange-traded product, giving investors access to the top three largest cryptocurrencies by market capitalization. Institutional crypto trading platform GSR launched its first crypto exchange-traded fund on Wednesday, recording nearly $5 million in trading volume on its first trading day. The GSR Crypto Core3 ETF (BESO) tracks the spot price of Bitcoin (BTC), Ether (ETH) and Solana (SOL) and offers staking rewards, GSR said in a statement on Wednesday. In a separate post on X, GSR said it will be adopting a “dynamic allocation strategy” to optimize returns for the fund, which carries a 1% management fee. Read more
CertiK has urged crypto users not to overlook basic security practices as major crypto hacks spiked in April. Real-time deepfakes, phishing attacks, supply chain compromises and cross-chain vulnerabilities will likely be the root of some of the biggest hacks in 2026, according to CertiK senior blockchain investigator Natalie Newson. The industry has already lost over $600 million to hacks in 2026, due largely to two North Korea-linked crypto thefts in April, including the $293 million Kelp DAO exploit on Saturday involving a single point-of-trust failure in cross-chain messaging protocol LayerZero’s infrastructure, and the $280 million exploit of the Drift Protocol. Another DPRK-linked attack involved the use of AI for social engineering. Crypto wallet Zerion revealed on April 15 that North Korean-affiliated hackers used AI in a long-term social engineering attack to steal about $100,000 from the company’s hot wallets. Read more