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First Mover Americas: Ether, Lido DAO, Arbitrum Gain on Possibility of ETH ETF
10.1.2024
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 10, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Why Are Ethereum ETF Approvals Facing Delays? InQubeta Raises Over $8M in Presale
10.1.2024
While crypto users had been keenly eyeing the launch of Ethereum (ETH) exchange-traded funds (ETFs) throughout 2023, their rollout has been slower than what many analysts expected. While crypto users might be frustrated by the delayed launch of spot ETFs, a lot of attention has been drawn...
Ethereum Price Prediction as Inflows Surge to $29 Million – Can ETH Hit $5,000 This Month?
10.1.2024
The Ethereum price has bounced by 5% in the past 24 hours, hitting $2,411 as the cryptocurrency market as a whole has actually dipped by 0.1%. ETH’s move today means it is now up by 1.5% in a week and by 7.5% in the last 30 days, with the biggest altcoin in the market also […]
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Binance Reveals AI Tokens Outperform BTC and ETH With up to 650% Yearly Gains
10.1.2024
Source: AdobeStock / Limitless Visions Binance Research has found that artificial intelligence (AI) coins in 2023 saw notably larger gains than crypto giants bitcoin and ethereum. At the same time, funding for AI-related Web3 projects has surged. According to a report by the research arm of...
Biggest Crypto Gainers Today on Uniswap – PNDC, BSSB, BIGTIME
8.1.2024
Uniswap. Source: Adobe / vladim_ka While crypto markets are enjoying a modest rally on Monday, PNDC, BSSB and BIGTIME are the biggest crypto gainers today on Uniswap. BTC is near $45,000 as investors await imminent expected approval of spot Bitcoin ETFs in the US. ETH, meanwhile, was last in...
Ethereum Technical Analysis: Ether Echoes Bitcoin’s Volatility Amid Growing ETF Anticipation
8.1.2024
Ethereum’s trading value, standing at $2,265, represents a fluctuation within a daily range of $2,170 to $2,310, against the dynamic canvas of a $272 billion market capitalization and a robust 24-hour trading volume of $19.24 billion. Ether, along with a multitude of crypto assets, mirrors...
Celsius drafts a plan to unstake Ethereum
8.1.2024
Celsius is going through a crisis amid bankruptcy. Increasing liquidity is one approach to meeting creditors’ demands. As a result, the company has devised a strategy to sell a significant chunk of its ETH and raise funds to pay off the debt. The plan implies unstaking Ethereum tokens valued...
Avalanche (AVAX) Holds On to 20% December Gain Despite Recent Market Decline
8.1.2024
Avalanche (AVAX) surged in Q4 2023 recording huge gains on institutional inflow and adoption revolving in tokenization drive and wider partnerships. This year, the token has plunged 18% alongside the wider market as top assets including Bitcoin (BTC) and Ethereum (ETH) experienced market...
2.15 Million Ethereum Poured Into Liquid Staking Protocols in 6 Months
6.1.2024
Recent statistics indicate that in the past six months, a substantial 2.15 million ethereum has been allocated to liquid staking derivatives protocols. As of Jan. 6, 2024, Lido Finance holds a dominant share, exceeding 75% of the total deposited ether, with a massive addition of 1.7 million...
Gamma Heist — Over $3M in Digital Assets Drained, 1,000 ETH Moved to Tornado Cash
6.1.2024
On Jan. 4, the decentralized finance protocol Gamma Strategies was a victim of a hacking attack which saw criminals make off with digital assets worth over $3 million. To pre-empt further attacks, Gamma Strategies said it has shut off all deposits on any of its “public-facing vaults.”...
Celsius Network Unstakes Ethereum Holdings Amid Reorganization Efforts
5.1.2024
The bankrupt cryptocurrency lender Celsius Network announced its plan to unstake significant holdings of ethereum to facilitate asset distribution to its creditors. This move is part of the firm’s ongoing efforts to restructure and resolve outstanding liabilities. Crypto Lender Celsius...
SEC Implicitly Recognizes Ether as Commodity, Paving Way for ETF
5.1.2024
Source: DALL·E An Ethereum (ETH) spot ETF is due to reach the U.S. market after a slew of Bitcoin (BTC) based equivalents are likely greenlighted next week, according to Bloomberg ETF analyst James Seyffart. During a private webinar with CryptoQuant on Thursday, the analyst argued that...
Ethereum Validators Forced to Wait Days to Unstake Amid Celsius Withdraws
5.1.2024
This means there is now a 5.6 day wait for validators to exit the Ethereum blockchain
Ethereum Price Prediction with Major Gains Expected in 2024 – Can ETH Surpass Its All-Time High?
5.1.2024
Source: Dall•E 3 The Ethereum price has gained by 2% today, rising back to $2,260 as the wider market recovers from a sharp selloff earlier in the week. ETH’s current price means that it has lost 4% in a week and 0.5% in the last 30 days, yet the biggest altcoin in the market remains...
Exploring Ethereum’s 2024 roadmap: An in-depth analysis of its six core elements
5.1.2024
Ethereum’s co-founder, Vitalik Buterin, released Ethereum’s 2024 Roadmap, which detailed the network’s activities and upgrades for the entire year. In a chain of tweets, he also stated that the roadmap will have a few changes and highlighted six main components of the Ethereum network that will...
Celsius to Unstake Thousands of Ether, Possibly Easing ETH Selling Pressure
5.1.2024
The defunct crypto lender sent over 30,000 ETH to custodian Fireblocks in the past week, some of which was deposited at crypto exchange Coinbase, data shows
Celsius Network Announces Unstaking of Ethereum Holdings to Facilitate Distribution to Creditors
5.1.2024
Source: Adobe/Canva Now-defunct cryptocurrency lender Celsius Network has revealed plans to unstake its Ethereum (ETH) holdings as part of its efforts to distribute assets to creditors. In a recent announcement made on X, Celsius Network shared that it intends to carry out...
Biggest Crypto Gainers Today on DEXTools – PEPE, 0XOS, ITX
4.1.2024
Top Crypto Gainers Today on DEXTools Blue chip cryptocurrency markets are recovering on Thursday following Wednesday spot Bitcoin ETF approval FUD/leverage flush out-fuelled pullback, with Bitcoin (BTC) last up more than 3% on the day and back above $44,000 and Ether (ETH) up around 3.5% and eyeing...
Gamma Strategies Launches Investigation into Security Incident Following Exploit Draining Over 211.9 ETH
4.1.2024
Source: Pixabay The Ethereum-based asset management protocol, Gamma Strategies, is currently investigating an ongoing security incident that may have resulted in the depletion of at least 211.9 Ether (ETH). We're monitoring and reacting to a possible security incident. Please be patient while...
Ethereum Technical Analysis: ETH Slides Over 8% Amid Downward Market Pressure
3.1.2024
In the ever-volatile world of crypto assets, ethereum has exhibited a notable decline, with an 8.1% decrease in price over the past 24 hours. Technical indicators and chart patterns suggest a bearish sentiment in the air, urging traders to navigate with caution. Ethereum Ethereum’s (ETH)...