Eth – Page 24

Ethereum’s New Low-Fee Regime May Put Its ‘Ultra Sound Money’ Thesis to Test

The Ethereum network's revenue from fees dropped to its lowest level since April 2020 as speculative activity disappeared and users migrated to layer 2s, IntoTheBlock said.

Ether Drops 1.9% to 7-Month Low as Crypto Buckles Further Following Inflation Data

Risk-off sentiment hit markets as a slightly hotter-than-expected inflation reading boosted U.S. Treasury rates and the dollar.

Ethereum Has Nearly Cleared Out Validator Queue, a Sign of Weak Staking Demand

The waiting time to deploy new validators to the Ethereum network has diminished to just five hours from a peak of 45 days in early June.

Russian Attackers May Have Been Behind Hack of Sam Bankman-Fried’s FTX, Elliptic Says

Research firm Elliptic said some of the stolen funds appear to be linked to Russian cybercriminal groups, citing on-chain analysis.

Bitcoin Hovers Above $27,000 as U.S. Stocks Advance

Meanwhile, bitcoin's dominance continues to climb.

Ether-Bitcoin Ratio Drops to 15-Month Low as ETFs Fail to Uplift Sentiment

The ratio has declined nearly 30% since Ethereum's Merge upgrade in September 2022.

Bitcoin at ‘Risk of Falling,’ Ether ETFs Lacklustre Performance Dismays Traders

Veri shows that broader crypto markets lost just under 1% in the past 24 hours.

Poor Week for Ether Prompts Research Firm to Reverse Outlook, Advise Favoring Bitcoin Instead

Initial action suggested only very modest interest in the first U.S. futures-based ether ETFs.

Millions in Ether Tied to FTX Account Drainer on The Move

FTX was hacked in November 2022, hours after the küresel crypto empire declared bankruptcy and its founder Sam Bankman-Fried stepped down from running the company.

First Mover Americas: Circle Argues Stablecoins Aren’t Securities in Response to SEC’s Binance Lawsuit

The latest price moves in crypto markets in context for Sept. 29, 2023.