It was full-on panic mode this past weekend as Bitcoin’s price plunged to $112,000. The entire market followed, with major ETH holders dumping their tokens as the price dropped below $3,400. But not everyone followed the same strategy. Smart money began looking for the best crypto to buy while prices were low. While some whales were offloading, others, like SharpLink, kept accumulating.
SharpLink received another 15,822 ETH (worth $53.9M) just six hours ago. In total, they’ve spent 108.57M USDC over the past two days to buy 30,755 ETH at an average price of $3,530. SharpLink now holds 480,031 ETH, currently valued at approximately $1.65 billion.
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Monday Brings Some Relief And XRP Price Reclaims 3$ – Best Crypto To Buy During This Dip?
Monday brought a modest relief bounce, with Bitcoin recovering to trade above $114,000. However, sentiment has shifted to caution, with the Fear & Greed Index sitting at 53, a neutral territory. Still, large investors continue accumulating top assets like ETH and BTC, treating this dip as a dollar-cost averaging (DCA) opportunity
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Cardano (ADA) Approves $71 Million Upgrade Plan to Boost Scalability and Developer Tools
Cardano’s community has approved a $71 million (96 million ADA) proposal to fund a year-long upgrade plan led by Input Output Engineering (IOE). The vote passed with 74% support, marking the first time Cardano’s treasury directly funds core protocol development through decentralized governance.
The roadmap focuses on scalability, developer experience, and interoperability. Key upgrades include Ouroboros Leios for faster transactions, Hydra for layer-2 scaling, Mithril for lightweight clients, and Nested Transactions for cross-chain smart contracts. Project Acropolis will restructure Cardano’s architecture for easier developer onboarding and long-term maintainability.
Funds will be released in milestones with oversight by Intersect and monitored through smart contracts. IOE will provide regular updates to ensure transparency.
The post [LIVE] Crypto News Today – Weekend Of Blood With BTC Falling To $112K: Best Crypto To Buy Now As The Market Bounces Back appeared first on 99Bitcoins.