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Tag: ETH
Binance saw $3.7b worth of BTC, ETH leave in 30 days
Following the latest allegations, Binance, the leading cryptocurrency exchange, witnessed a huge number of Bitcoin and Ethereum outflows. According to data provided by Coinglass, a total of 51398 Bitcoin (BTC) tokens left Binance over the past month. Data shows that the majority of the outflows, around 48,000 coins, happened on Aug. 27 as many Palestinian users complained of frozen assets on the exchange. BTC balance on Binance – Aug. 29 | Source: Coinglass In addition, Binance, the largest crypto exchange by trading volume, saw over 275,200 Ethereum (ETH) tokens leave…
This New ETH ICO Has Got The Dogecoin Community In a Frenzy, Here’s Why
Recently, Mpeppe (MPEPE), a new Ethereum-based ICO, has managed to generate significant buzz within the Dogecoin (DOGE) community. This article delves into why Mpeppe (MPEPE) has become a hot topic among Dogecoin (DOGE) supporters and explores what sets it apart in the crypto landscape. Dogecoin Community Buzzes Over Mpeppe’s Arrival A New Contender Stirs Excitement Among DOGE Holders The Dogecoin (DOGE) community, known for its enthusiasm and meme-driven investments, is abuzz with the arrival of Mpeppe (MPEPE). As an Ethereum-based ICO, Mpeppe is tapping into the same meme-driven culture that…
Why BTC and ETH Outshine, While Altcoins Struggle in 2024
However, the collapse of many key institutional lenders (e.g. BlockFi, Celsius, Voyager, Genesis) hampered the speculative demand these same lenders helped fuel. Though we’ve started to see signs of a recovery, with new entrants like Coinbase’s institutional financing business, this area remains tepid compared to just a few years ago. In addition, today’s higher rate environment offers less incentive to move money on-chain into a choppy market, especially when the alternative is getting paid 5% on your cash or stablecoin holdings to wait and see. Source
Ether (ETH) Spot ETF Flows Have Underwhelmed Versus Bitcoin Versions: JPMorgan
Institutional and retail ownership of spot bitcoin ETFs was little changed from the first quarter, with retail holding about 80%, the bank said, adding that “most of the new spot bitcoin ETFs were likely bought by retail investors since their launch, either directly or indirectly via investment advisors. Original
Bitcoin (BTC) Price Falls Below $59K Amid Broad Market Rout; Ether (ETH) Slumps Almost 10%
Bitcoin had topped $62,700 earlier in the day, but recently was down 6.5% from 24 hours earlier. Amid the rout, it got as low as $58,240, the lowest price since Aug. 19. Ether traded as high as $2,700 earlier Wednesday, but recently fetched less than $2,500. Source
Bitcoin Price (BTC) Falls 1.8% While Ether Price (ETH) Drops 2.6%
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Crypto Market Has Struggled Since Spot Ether (ETH) ETFs Started Trading: Citi
The bank noted that other risk assets have also been weak over this period, but crypto has underperformed since the post-nonfarm payrolls (NFP) rebound, on a volatility-adjusted basis. Nonfarm payrolls is a U.S. employment report usually published on the first Friday of every month. Source
Ethereum (ETH) Eyes $3,000: Data Suggests Imminent Breakout
Ethereum is in a classic accumulation phase following its recent correction and is now targeting a $3,000 price. After dropping to $2,116 just 20 days ago, ETH experienced a significant price surge, recovering to higher levels, suggesting bullish momentum was building. Related Reading This accumulation phase has drawn the attention of analysts and investors alike, who are now closely monitoring Ethereum’s price action for signs of a more significant move to the upside. The recovery from recent lows has sparked renewed optimism, with some market experts predicting that ETH could…
ETH Whale Accumulates Base Dawgz and Mpeppe For 1000x Returns
Fortunes can be made or lost in a matter of moments, and some seasoned investors known as “whales” are strategically positioning themselves for the next big crypto breakout. Recently, an Ethereum (ETH) whale has been making waves by accumulating large amounts of Base Dawgz (DAWGZ) and Mpeppe (MPEPE), betting on the potential for 1000x returns. But what makes these two tokens so appealing, and how do they stack up against the established powerhouse of Ethereum (ETH)? Ethereum (ETH): The Whale’s Backbone Ethereum (ETH) remains the cornerstone of the decentralized finance…