The largest cryptocurrency by market capitalization was recently trading at about $19,350, up about 5% over the past 24 hours. BTC dipped below $18,400 late Wednesday afternoon (UTC), its lowest level since early June, following the Fed’s 75 basis point increase, but crypto investors started to return in Thursday’s early hours. Source
Tag: Ether
Ether Funding Rates Revert to Normal Days After Successful Merge
A popular trade drove up funding rates to lifetime highs for ether futures. Source
XRP y ether lideran la recuperación cripto mientras los mercados se preparan para otra suba de la Fed
Bitcoin (BTC), ADA de Cardano y ether (ETH) aumentaron más de 4%, mientras las memecoins dogecoin (DOGE) y shiba inu (SHIB) subieron un 2% nominal. Ethereum classic (ETC) cayó 15% a medida que el entusiasmo en torno a su resurgimiento se redujo, mientras la capitalización de mercado general añadió 3,4% luego de caer ayer a US$930.000 millones por primera vez desde julio. Source
XRP, Ether Lead Recovery in Crypto Majors as Markets Prepare For Outsized Fed Hike
Bitcoin (BTC), Cardano’s ADA, and ether (ETH) rose over 4%, while memecoins dogecoin (DOGE) and shiba inu (SHIB) increased a nominal 2%. Ethereum Classic (ETC) slid 15% as the hype around its revival tapered off, while overall crypto market capitalization added 3.4% after falling yesterday to $930 billion for the first time since July. Original Source CryptoEtherFedHikeLeadMajorsMarketsOutsizedPrepareRecoveryXRP CryptoX Portal
Citi Says Ether Remains Relatively Stable Despite Significance of the Merge
Following the transition, miners are no longer being issued rewards, the bank said, noting that these rewards equated to a supply of 4.9 million ether (ETH) a year. ETH issuance is estimated to drop 90% to around 600,000, and total supply on the first day of the Merge fell as the fees burnt were larger than rewards issued to validators, it added. Source
Bitcoin Regains $19K and Ether Rises as FOMC Meeting Nears
● Bitcoin (BTC): $19,465 −1.3% ● Ether (ETH): $1,361 −1.3% ● CoinDesk Market Index (CMI): $960 −1.3% ● S&P 500 daily close: 3,899.89 +0.7% ● Gold: $1,684 per troy ounce +0.7% ● Ten-year Treasury yield daily close: 3.49% +0.04 Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found at coindesk.com/indices. Source
Ether y bitcoin se debilitan mientras empresas de trading culpan a la falta de catalizadores alcistas por el desplome del mercado
Bitcoin, la criptomoneda más importante por valor de mercado, cayó hasta US$18.300, el número más bajo desde el 19 de junio, según datos de CoinDesk. Mientras tanto, ether, el token nativo de la blockchain de Ethereum —recientemente tuvo un tan esperado y supuestamente favorable cambio tecnológico llamado merge o fusión—, se deslizó a US$1580, un mínimo de dos meses. La capitalización total de mercado disminuyó a US$858.000 millones, el mínimo desde mediados de julio. Original
As Ether, Bitcoin Wilt, Trading Firms Blame Lack of Bullish Catalyst for Market Swoon
Bitcoin, the biggest cryptocurrency by market value, slipped to $18,300, the lowest since June 19, according to CoinDesk data. Meanwhile, ether, the native token of Ethereum’s blockchain, which recently underwent a long-awaited and supposedly-bullish technological change called the Merge, slipped to a two-month low of $1,580. The total market capitalization fell to $858 billion, the lowest since mid-July. Original
Bitcoin and Ether Close the Week Lower
● Bitcoin (BTC): $19,621 −0.9% ● Ether (ETH): $1,434 −4.4% ● CoinDesk Market Index (CMI): $974 −1.4% ● S&P 500 daily close: 3,873.24 −0.7% ● Gold: $1,684 per troy ounce +1.1% ● Ten-year Treasury yield daily close: 3.45% −0.01 Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found at coindesk.com/indices. Original
La fusión de Ethereum unió la actividad de los futuros de ether con las estrategias de rendimientos, según traders
Es probable que esa cifra aumente en las próximas semanas, ya que la baja en la emisión neta de ether (inflación) provocada por la fusión, más las comisiones pagadas a validadores o stackers, elevará la estrategia de yield real, opinó Daniel Chen, socio de Sequoia Capital. Source