Tag: Ether

Ether Accounts for About Half of $520M Liquidations Amid Weak On-Chain Data

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In the past 24 hours, Bitcoin (BTC) and Ethereum (ETH) have lost key levels of support due to weakening sentiment for the crypto market at large. As of such, over $520 million of cryptocurrency has been liquidated. This comes in tandem with a massive bearish run that saw traders of ETH futures experience liquidations nearly double those of BTC, in an unusual market trend. This data was shown in a recent liquidation data from Coinglass. ETH-tracked futures lost more than $236 million, nearly twice the $125 million lost on bitcoin futures.…

CFTC Chairman Confirms Bitcoin, Ether Are Commodities – Regulation Bitcoin News

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The chairman of the U.S. Commodity Futures Trading Commission (CFTC) says he is certain bitcoin and ether are commodities. He outlined how his agency is working with the U.S. Securities and Exchange Commission (SEC) to regulate the crypto sector, noting that “there are no customer protections right now in the crypto market.” Bitcoin and Ether Are Commodities ‘For Sure’ CFTC Chairman Rostin Behnam discussed the regulation of cryptocurrencies by the CFTC and the SEC in an interview with CNBC last week. The chairman was asked to comment on a bill…

Ethereum Has Destroyed $8.10 Billion in Ether, ETH Scarcity to Increase After The Merge – Technology Bitcoin News

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According to current metrics, the Ethereum blockchain has burned 2.35 million ether since the implementation of Ethereum Improvement Proposal (EIP) 1559. The $8.10 billion in value was burned over the course of nine months and during the last seven days, 18,110 ether worth $34.9 million was destroyed. 2.35 Million Ethereum Burned — Ethereum Dev Says The Merge Could Happen in August Approximately 288 days ago, Ethereum developers implemented EIP 1559, a ruleset upgrade that basically changed the algorithm tied to the base fee per gas in the protocol and the…

Blockchain Data Indicates $10M Worth Of Ether From The Ronin Exploit In Rotation

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More than 5,505 Ether of the Ronin Bridge exploitation seems to be transferred through Tornado Cash, a unique privacy crypto exchange. Blockchain data showed that the address associated with the $625 million Ronin Bridge Attack had begun transferring ether tokens valued at over $10 million. This occurred during the Asian morning hours. The data showed that the Ronin hacker had transferred over 5,505 ether to one unknown account this morning. Additionally, the funds were sent from another Ethereum wallet funded by the prominent hacker’s blockchain address. All these took place…

Bitcoin, Ether Hover Above Support Amid China Optimism, U.S. Futures Bump

Lately correlated nearly 1:1 with broader equity markets , cryptocurrencies were ahead 3.2% after nearly a week of declines that saw bitcoin (BTC) fall to as low as $24,000. At current press time, the largest crypto is selling for $30,300. Ether (ETH) added 2.2% in the past 24 hours to trade above $2,000, with similar gains for Avalanche’s AVAX, BNB Chain’s BNB, and Dogecoin. Source

Benefits of Cryptocurrency (Updated 2021)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io What are the benefits of crypto? Today we talk about that! Some of the benefits is that it can be accessed anywhere, is not controlled by the government, and that you can buy things with specific cryptos. Watch the video and find out! Benefits of Cryptocurrency (Updated 2021) #CRYPTO #BENEFITS #CRYPTOCURRENCY – – – – – – – – – – WEEKLY CRYPTO GIVEAWAY: ** ONLY SUBSCRIBERS TO THE GOALORIOUS YOUTUBE CHANNEL ARE ELIGIBLE TO WIN ** 📱 Questions? Comments? Business Inquiries?…