Friend.tech revenue surges over 10,000 ETH, TVL tops 30,000 ETH
The decentralized social media platform has continued to thrive since it launched in the second week of August and has hit multiple new highs despite critics predicting its downfall.
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The decentralized social media platform has continued to thrive since it launched in the second week of August and has hit multiple new highs despite critics predicting its downfall.
Investment firms Invesco and Galaxy Digital allegedly filed for a spot Ethereum ETF with the U.S. SEC on Sept. 29.
Energy use is down, and staking is up, but technical concerns still mark the road ahead for the second-largest cryptocurrency by market cap.
Technical analysts suggest that months of low volatility is often followed by a big price move.
Asset management firm Valkyrie filed for an Ether futures exchange-traded fund with the U.S. Securities and Exchange Commission on Aug. 16.
Ethereum Foundation's previous big sale of ETH preceded a bear market, but there's little evidence that such sales affect the general market trend.
Ethereum's supply across whale addresses has dropped consistently since March 2020, offset by greater retail interest.
Ether options volume hints at bearish sentiment as the $1,850 support falters.
Binance said retiring old deposit addresses on multiple blockchains is part of its infrastructure upgrade, with the new addresses offering better security and efficiency.
ETH price rallied as deposits briefly surged after the Shapella, but on-chain data suggests that 1.4 million ETH will be withdrawn in the short-term.