Ether


Markets

Bitcoin Slips Under $94K as Stocks Try to Shake Last Week's Jitters

Macro uncertainty combined with carnage in most of the rest of crypto is weighing bitcoin down.

COLD STORAGE: A polar bear on the archipelago of Svalbard, where the Bitcoin Core code repository will be kept in an abandoned mineshaft. (Credit: Shutterstock)

Markets

Bybit Closes 'ETH Gap' as Exchange Replenishes $1.4B Hole After Hack

Bybit has returned to a 1:1 backing of client assets days after being hit by the biggest crypto heist ever.

Bybit lost roughly $1.5 billion in crypto to a theft Friday. (appshunter.io/Unsplash)

Markets

Ether Supply Squeeze? Bybit Hacker Emerges as World's 14th-Largest ETH Holder

Ether trades 2% higher as the hacked ETH is seen as a permanently lost supply.

Bybit lost roughly $1.5 billion in crypto to a theft Friday. (appshunter.io/Unsplash)

Markets

Crypto Exchanges Start to Fill Bybit's $1.4B Hole as Hackers Move Stolen Funds

"At Bitget we strongly believe in supporting the community and everyone contributing towards the growth of crypto," company CEO Gracy Chen told CoinDesk.

Crypto hacks, scams and exploits netted some $2 billion this year. (fikry anshor/Unsplash, modified by CoinDesk)

Markets

Bitcoin, Ether Slump as Crypto Prices Dip on Report of Massive $1.5B Bybit Hack

The move happened as crypto exchange Bybit saw a sudden $1.5 billion worth of ETH outflow.

Bitcoin continued its downtrend of recent days. (Getty Images)

Markets

Ether ETFs Register $393M in Inflows This Month as Crypto Investors Turn Their Back on Bitcoin

Investors pivot to ether ETFs as Ethereum's impending Pectra upgrade is expected to bode well for cryptocurrency.

A pen lies on top of a spreadsheet printout (steinarhovland/Pixabay)

Markets

Ether Rally Turns Into Crypto Market Slide With Bitcoin Slipping Below $96K

Ether's brief run to $2,850 on Monday was due to a catch-up trade that could reverse later, one trader said.

ETH's rally once again foreshadowed a market-wide dip on Monday (Kelly Sikkema/Unsplash)

Policy

Hong Kong Confirms Bitcoin, Ether Can Be Used to Prove Wealth for Investment Visa

Hong Kong's New Capital Investment Entrant Scheme, a visa targeting wealthy migrants, accepts crypto as a means to prove required net worth, a spokesperson confirms.

Hong Kong's skyline (Chris Lam/CoinDesk)

Markets

Ether Has Underperformed, but Total Value Locked on Ethereum Is Rising: Citi

Ether has dropped over 20% this year, but fundamentals are improving, the report said.

Citi bank and HSBC skyscrapers at night (Miquel Parera/Unsplash)

Markets

Hedge Funds Are Short Ether CME Futures Like Never Before. Is It Carry Trade or Outright Bearish Bets?

The record short interest is led by carry trades and some amount of outright bearish bets on the second-largest cryptocurrency.

Hedge fund. (viarami/Pixabay