First Mover Americas: BTC, ETH Rise in Muted Trading to Start the Week
The latest price moves in crypto markets in context for Sept. 23, 2024.
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Eth
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Consensys Suit Against U.S. SEC Dismissed by Texas Court
The federal court dropped the lawsuit because its core argument was already resolved, though Consensys repeated assertions that the U.S. securities regulator is abusing its authority.
Financial
First Mover Americas: Bitcoin Tests $64K as BoJ Pauses Rate Hikes
The latest price moves in crypto markets in context for Sept. 20, 2024.
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Ether Is Going to Shine Again, Steno Research Says
The recent Federal Reserve interest cut will fuel increased onchain activity, and this will strongly benefit the Ethereum blockchain, the report said.
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Crypto Exchange BingX Hacked, Onchain Data Shows Over $43M Drained
Hacker have moved the stolen assets to decentralized exchanges.
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First Mover Americas: Bitcoin Drops Below $60K Ahead of Expected Fed Rate Cut
The latest price moves in crypto markets in context for Sept. 18, 2024.
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Are Ethereum Staking Yields Too High?
As staking grows in popularity through liquid staking derivatives, there is a need to better quantify staking returns for different platforms and how they change over time, says Marcin Kazmierczak, co-founder and coo, RedStone.
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Ethereum Foundation’s Main Wallet Down to About $650M, Top Official Says
As recently as March 2022 – when the price of Ethereum’s native cryptocurrency, ether (ETH), was higher – the foundation’s treasury held about $1.3 billion of ETH.
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Weeks After Ether ETF Debut, ETH Market Liquidity Has Dropped by 20%
Order book liquidity refers to the market’s ability to absorb large buy and sell orders without influencing the spot price.
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DeFi Protocol Penpie Exploited for $27M of Crypto Assets; PNP Token Craters 40%
Crypto users lost some $2 billion due to hacks, scams and exploits throughout 2023, one report said.