Breaking News: ETHEREUM – Market Insights, Analysis & Latest Updates

DRW discloses nearly $200 million worth of crypto ETF holdings, led by ETHE

DRW Holdings has disclosed over $195 million in crypto ETFs, marking its first significant exposure to Ethereum, indicating growing institutional interest in the cryptocurrency market.

theblock.co • 13/08/2024 - 21:11 PM

PayPal's PYUSD stablecoin on Solana surpasses its supply on Ethereum

PayPal's U.S. dollar-pegged stablecoin supply on Solana surpasses Ethereum's, reaching 377 million tokens. It now ranks as the fourth-largest centralized stablecoin issuer.

theblock.co • 13/08/2024 - 09:09 AM

ETHEREUM

Ethereum ICO whale continues $154 million month-long ether deposit spree to OKX

An ether whale deposited 5,000 ether to OKX, while network inflation rises and inflows into ether products reach a 2021 peak amid rising prices.

theblock.co • 12/08/2024 - 13:11 PM

ETHEREUM

ETH burn rate drops to lowest levels as gas fees hover at 2 gwei

The daily ETH burn rate on the Ethereum network has plummeted to a record low, causing increased inflation and raising questions about potential gas limit adjustments.

theblock.co • 12/08/2024 - 04:20 AM

JPMorgan says bitcoin rebound supported by institutional investors

JPMorgan analysts report on cryptocurrency market corrections, institutional support for bitcoin, and caution amidst recent performance, highlighting factors influencing price and investor behavior.

theblock.co • 08/08/2024 - 10:14 AM

Ethereum Layer 2 proliferation causing liquidity fragmentation concerns, analyst says

Layer 2 solutions on Ethereum are causing liquidity fragmentation, impacting scalability and user experience, yet may not significantly affect long-term market growth according to analysts.

theblock.co • 06/08/2024 - 16:03 PM

Ark Invest bought $18 million worth of Coinbase shares during market slump

Ark Invest purchased 93,797 Coinbase shares worth $17.8 million, also investing in Robinhood while offloading shares in Block and Ethereum ETFs amid market volatility.

theblock.co • 06/08/2024 - 11:07 AM

Zircuit launches initial mainnet phase, rolls out ZRC token airdrop claims

Zircuit launches its mainnet and ZRC token claims process, protecting users from hacks and enabling asset bridging while rolling out token airdrop rewards for early adopters.

theblock.co • 05/08/2024 - 16:00 PM

Bernstein says bitcoin not to blame for price crash, remains a 'Trump trade' ahead of US elections

“It’s not bitcoin’s fault this time,” Bernstein analysts said, reflecting on the cryptocurrency’s plunge below $50,000 on Monday. The analysts see no “incremental negatives” for crypto — adding that bitcoin remains a “Trump trade” ahead of U.S. elections.

theblock.co • 05/08/2024 - 14:13 PM

Crypto investment products saw $528 million in net weekly outflows amid recession fears: CoinShares

Global crypto investment products face $528M net outflows due to recession fears. Bitcoin sees losses, while Ethereum experiences significant fund withdrawals and regional investment shifts.

theblock.co • 05/08/2024 - 10:59 AM

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