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The recent market downturn has taken a toll on Ethereum, leaving only 66% of addresses in profit, a significant drop reminiscent of October 2023, when Ethereum was trading around $1,800. This decline has pushed a substantial portion of Ethereum holders into the red, marking one of the lowest profitability levels seen in nearly a year. … Read more
The median price to send an Ethereum transaction hit 1.9 gwei on the weekend, with low-priority transactions priced even lower. Go to Source
In the last 27 days, ether liquid staking derivatives have experienced an influx of 150,000 ETH, valued at $390 million, flowing into various protocols. Notably, since July 14, 100,000 ETH made its way to Lido, the world’s leading liquid staking platform by market share. Ethereum Liquid Staking Spikes to 13.59 Million Ether, Lido Nears 10 … Read more
QCP Capital reports that bitcoin (BTC) has shown a strong recovery this week, stabilizing above the $60,000 range after a sharp drop below $50,000 on Monday. In contrast, the firm highlights a significant liquidity shift in ethereum (ETH), raising concerns about its current market standing. QCP Capital Reports Bitcoin’s Resilience Amid Volatility; Ethereum Faces Liquidity … Read more
Ethereum is currently experiencing a significant withdrawal queue, with approximately 143,000 ETH, valued at around $350 million, set to become available for withdrawal in the next 12 hours. Additionally, a total of 212,000 ETH, including validator rewards, is slated for withdrawal soon. While these withdrawals represent a substantial volume of ETH leaving the network, it’s … Read more
With a 5% upswing in the crypto economy over the past day, following a broad market recovery, the stablecoin economy has ballooned by $1.53 billion in just three days. A notable $750 million of that growth occurred within the last 24 hours alone. Tether’s $1.26B Growth Fuels Stablecoin Expansion Not long ago, the crypto market … Read more
WazirX, one of the largest crypto exchanges in India, lost $235 million to a multisig wallet security breach in July 2024. Go to Source
Crypto exchange Bitstamp is collaborating with Stripe, a financial infrastructure platform, to support Stripe’s fiat-to-crypto onramp across the EU. This collaboration enables EU consumers to easily purchase cryptocurrencies through a customizable widget that developers can embed in apps or websites. This widget offers a seamless checkout experience optimized for cryptocurrency conversion and instant settlement. Developers … Read more
The NYSE American has asked the SEC for approval for it to list and trade options for three Ether ETFs from Bitwise and Grayscale. Go to Source
Ethereum’s price has surged by 23.7% over the past 36 hours, bouncing back from a low of $2,188. This impressive rebound follows significant trading activity, including a notable withdrawal by Justin Sun. #Ethereum’s price rebounded 23.7% in 36 hours after hitting $2,188. How long will it take $ETH to rally back to $3,200? pic.twitter.com/U6Ay5PbsxI — … Read more
