Ether Whales Scooped Up $94M in ETH as Price Plunged to $1.6K
ETH fell to as low as $1,547 last Thursday, its lowest price since June.
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ETH fell to as low as $1,547 last Thursday, its lowest price since June.
Despite today’s market-wide advance, the outlook for risk assets is pointing to softer prices for the next few weeks, one observer noted.
Bitcoin prices fell suddenly late on Thursday amid reports of hundreds of millions in sales, triggering a bloodbath across futures and spot markets.
Visa says managing ether (ETH) balance to cover gas fees is “burdensome” and too complex, according to a blog post.
On July 30, over 6,000 ETH ($11M worth) in so-called Maximal Extractable Value rewards were paid out to Ethereum validators, the most ever for a single day.
The economic arguments used to justify Ethereum’s switch to staking were intellectually dishonest, developer Lane Rettig writes. (Jan Huber/Unsplash)
Next week’s U.S. central bank interest rate decision and the bitcoin options expiry are unlikely to move markets, which have been stuck for weeks.
Some selling pressure may have arisen from a revised U.S. bill that excludes a host of traditional securities from the “digital asset” category, which some say bodes ill for DeFi.
Toronto-based digital asset manager 3iQ will start offering ether (ETH) staking in its Ether Fund and Ether ETF, making it the first ETF issuer in North America to allow for this investment strategy, the company announced Wednesday. The feature will be available on or about Aug. 28.