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150,000 Ether Floods Liquid Staking Platforms in 27 Days

In the last 27 days, ether liquid staking derivatives have experienced an influx of 150,000 ETH, valued at $390 million, flowing into various protocols. Notably, since July 14, 100,000 ETH…

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QCP Capital: Bitcoin Bounces Back Above $60K as Ethereum Struggles

QCP Capital reports that bitcoin (BTC) has shown a strong recovery this week, stabilizing above the $60,000 range after a sharp drop below $50,000 on Monday. In contrast, the firm…

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Stablecoin Economy Swells by $1.53B in 3 Days Amid Market Rebound

With a 5% upswing in the crypto economy over the past day, following a broad market recovery, the stablecoin economy has ballooned by $1.53 billion in just three days. A…

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Bitstamp and Stripe Collaborate for EU Crypto Onramp

Crypto exchange Bitstamp is collaborating with Stripe, a financial infrastructure platform, to support Stripe’s fiat-to-crypto onramp across the EU. This collaboration enables EU consumers to easily purchase cryptocurrencies through a…

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‘Yen Carry Trade’ Blamed for Global Market Rout, Jump Crypto’s ETH Sale Worsens Ether Plunge

The narrowing Japanese “yen carry trade” has been blamed for the Aug. 5 global market downturn that sent stock markets and top cryptocurrencies like bitcoin and ethereum plunging by double-digit…

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Crypto Carnage: $1.15B in Leveraged Positions Annihilated as Bitcoin Nosedives

As of 9 a.m. EDT on Monday, the crypto market experienced a $1.15 billion loss in derivatives positions, with $975.93 million of these being long positions. Of that total, approximately…

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Peter Schiff Warns of Mass Bitcoin ETF Liquidations and ‘Crypto Black Monday’

Economist and gold advocate Peter Schiff has warned investors that a sharp drop in bitcoin’s price could trigger mass bitcoin exchange-traded fund (ETF) liquidations. “If so, brace for a Crypto…

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Grayscale’s ETHE Hemorrhages $2 Billion in Just 9 Trading Days

On Friday, U.S. spot ethereum exchange-traded funds (ETFs) faced $54.27 million in outflows, a stark contrast to Thursday’s net inflow of $26.7 million, as indicated by recent data. Meanwhile, Grayscale’s…

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Finder Experts Predict Ether Hitting $23,549 by 2030 — Majority Say Time to Buy ETH

A survey of 32 cryptocurrency experts on the Finder panel predicts significant growth for ether prices, with average forecasts of $5,368 by the end of 2024, $7,359 by the end…

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Ethereum ETFs Snap Losing Streak, Grayscale’s Outflows Weigh In

On Tuesday, U.S. spot ether exchange-traded funds (ETFs) experienced a day of inflows, ending four days of outflows. The nine ETFs collectively absorbed $33.67 million, though the figure could have…

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