ETH


Finance

Ether Heads Toward Set of Mammoth $340M On-Chain Liquidations

ETH needs to drop another 19% to trigger the first liquidation.

ETH on-chain liquidations (DefiLlama)

Markets

Ether Poised for a Rebound to $3K From Oversold Levels: Analysts

Recovery from oversold momentum indicator, the upcoming Pectra upgrade and Wednesday's CPI report are among the catalysts that could fuel an ETH rally,, a 10x Research report noted.

Tennis, ball. (anais_anais29/Pixabay)

Markets

Ethereum’s Ether Headed to $5K as Activity, Institutional Demand Grows

“According to ETH’s realized price—the average price at which holders purchased their ETH—the current upper limit for ETH’s price stands around $5.2k,” CryptoQuant said.

(Credit: Metropolitan Museum of Art)

Policy

Congress' Most Prolific Crypto Trader Is a Georgia Trucking Operator

Representative Mike Collins has been dabbling in memecoin Ski Mask Dog, buying some this week and revealing that the memecoin draw extends even to Congress.

Representative Mike Collins, a Georgia Republican, is a frequent crypto trader.

Tech

Ethereum Foundation's Treasury Shrunk 39% Over 2 1/2 Years to $970M

The foundation has spent roughly $240 million since March 2022, and holds most of its treasury in ether, which has slid roughly 22% since the last financial report.

Ethereum (ethereum.org)

Markets

Arthur Hayes' Maelstrom Hedges U.S. Election Uncertainty With Staked USDe, Holds Large BTC, ETH Bullish Bets

"Given the uncertainty, Maelstrom has 5% of the fund in staked USDe (Ethena USD), earning roughly 13%," Hayes told CoinDesk.

Arthur Hayes at Korea Blockchain Week 2023. (Factblock)

Policy

Coinbase Escalates SEC Fight Over the Agency's Inside Chatter on ETH

The company's go-between on a quest to see SEC documents – History Associates – told a court it intends to ask for an immediate judgment in the dispute over internal communications.

Coinbase CEO Brian Amstrong and SEC Chair Gary Gensler

Markets

Crypto Majors BTC, ETH, XRP Little Changed as HBO Calls Peter Todd the Bitcoin Creator

A compelling expose could have impacted bitcoin and the broader market’s prices, but the crypto community is largely brushing off HBO’s hyped documentary.

Heading of Bitcoin Whitepaper

Markets

Bitcoin Nears $64K, 'Memecoin Supercycle' Trends as MOG, POPCAT Surge

Memecoins have been one of the best-performing crypto sectors in the past year, buoyed by vibrant social communities and attention in the market.

Bulls fighting. (Bykofoto/Shutterstock)

Markets

Bitcoin ETFs Register Net Outflows for Third Straight Day

Both bitcoin and ether spot ETFs bleed money as geopolitical tensions weigh over risk assets.

Bitcoin: US Spot ETF Deposit Cost Basis (Glassnode)