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Blackrock’s Head of Crypto Sees Bitcoin as ‘Risk Off’ Asset Despite Stock Correlation

Blackrock’s digital asset chief sees bitcoin as a “risk-off” asset even though it has shown a pattern aligned with U.S. stocks. He drew parallels between bitcoin and gold, pointing to…

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Ethereum Users Face Higher Fees as Onchain Transaction Costs Rise

Since Sept. 15, 2024, onchain fees on the Ethereum network have seen a steady rise, jumping from $1 per transaction to $5.08 by Sept. 20. Though there was a slight…

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US Ethereum ETFs see largest single-day loss since late July as Grayscale Trust sheds $80 million

Significant outflows from US Ethereum ETFs highlight investor uncertainty and may impact the broader cryptocurrency market's stability. The post US Ethereum ETFs see largest single-day loss since late July as…

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Fed’s 50bps Reduction Triggers $321M in Digital Asset Inflows, Coinshares Reports

Digital asset investment products recorded inflows of $321 million in the second consecutive week of positive activity, according to a report by Coinshares. The surge in inflows is largely attributed…

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Bear Market Ethereum (ETH) Trade Leads to $132 Million Profit for Savvy Trader: Details

A cryptocurrency trader has made headlines by securing a profit of $131.72 million through a strategic investment in Ether (ETH). This notable trade was made during the 2022 bear market,…

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Ethereum Technical Analysis: ETH Trades Above $2,600 Amid Strong Market Activity

As of Sept. 23, 2024, ethereum is trading at $2,646, with an intraday price range of $2,531 to $2,684. Over the past 24 hours, ethereum has recorded a trading volume…

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Texas Court Dismisses Consensys’ Lawsuit Against SEC Over Ethereum Investigation

In a recent decision, a Texas court dismissed Consensys’ lawsuit against the U.S. Securities and Exchange Commission (SEC), which was filed in April 2024 to protect the Ethereum ecosystem from…

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