New data shows that enterprise-related wallets dominate stablecoin volume on Ethereum, pointing to real-world payment adoption. Ethereum-based stablecoin transfers are changing shape, with new data showing that companies and sellers are now moving much more value on-chain than individuals. The findings indicate that Ethereum is quietly becoming a clearing layer for business payments and consumer […]
Ethereum lost $555 million this week, while Bitcoin outflows reached $460 million, as the US Clarity Act fuels uncertainty and concerns among investors. For the first time in a month, digital asset investment products saw money outflows, with total outflows reaching $952 million. According to CoinShares, this decline occurred because investors reacted negatively to a […]
Join our Telegram channel to stay up to date with the latest news Ethereum price is down 3.4% over the past 24 hours to trade at $2,847 as of 3:50 a.m. EST, following a 31% increase in trading volume to $90.9 billion. That drop in ETH price comes as Ark Invest continues to buy the […]
Meanwhile, ETH continues to struggle below $3,000. After months of sporadic and largely declining network activity atop the world’s second-largest blockchain, the creation of new wallets on Ethereum has regained momentum over the past week. At the same time, some popular cryptocurrency analysts claimed that ETH could be on the verge of a substantial breakout […]
ETH’s leverage ratio just hit an all-time high, signaling aggressive risk-taking as traders chase a recovery. The Ethereum (ETH) derivatives market on Binance reached a new extreme on December 19, when leverage tied to ETH positions rose to an all-time high. The move shows that traders are leaning heavily on borrowed positions at a time […]
Join our Telegram channel to stay up to date with the latest news Wall Street banking giant JPMorgan is deepening its presence in the tokenized financial space, launching its first money market fund through its $4 trillion asset management arm. On December 15 announcementthe company said that the My OnChain Net Yield Fund (“MONY”) is […]
CoinShares data shows that cautious optimism is returning as capital flows rise, even as Bitcoin lags and volatility in the crypto markets continues. Digital asset investment products recorded total inflows of $864 million last week, in the third straight week of modest gains. CoinShares said this trend indicates cautiously optimistic investor sentiment, despite mixed market […]
The world’s largest Ethereum treasury company shows no signs of fear or doubt as it continues to aggressively accumulate assets. Retailers may be panic-selling Ether today, but Tom Lee’s BitMine Immersion Technologies remains bullish. The company reported on Monday that it had collected 102,259 ETH worth more than $300 million in the past week. “Tom […]
Ethereum has held up relatively well during Bitcoin’s latest Sunday slump, but that could change, analysts say. Ether prices took a small dip but remain above $3,100, while Bitcoin crashed below $90,000 and has yet to recover at the time of writing. Analyst ‘DrBullZeus’ noted that ETH has been trending lower for a while, but […]
Vitalik claims that Musk is “actively randomizing” X’s algorithms. Ethereum co-founder Vitalik Buterin criticized Elon Musk’s leadership of In a series of posts on Tuesday, Buterin said recent waves of online hostility, particularly attacks targeting Europe, seemed “unhinged” and closer to “a coordinated attempt at delegitimization” than a meaningful debate. He pointed to what he […]