Cryptocurrency Market

  • Market Cap: $2,935,559,185,806.29
  • 24h Vol: $151,269,986,252.07
  • BTC Dominance: 59.01%

Ethereum

bitcoin-etfs-lose-$211-million-as-ethereum-funds-see-modest-outflows

Bitcoin ETFs Lose $211 Million as Ethereum Funds See Modest Outflows

Thursday’s trading session saw spot bitcoin exchange-traded funds (ETFs) experienced outflows totaling $211.15 million, while ethereum ETFs faced a much smaller decline of $152,720. $211 Million Exits Bitcoin ETFs, Ethereum Funds Slip by $152K On Sept. 5, bitcoin and ethereum ETFs both took hits, with bitcoin ETFs leading the way in outflows. According to data […]

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86-million-tokens-set-for-distribution-in-eigenlayer’s-season-2-stakedrop

86 Million Tokens Set for Distribution in Eigenlayer’s Season 2 Stakedrop

The Eigen Foundation has launched its Season 2 stakedrop, offering EIGEN tokens to stakers, ecosystem partners, and community members who contributed to the Eigenlayer network. Token claims will open on or before September 17, 2024, with rewards based on participation in staking, contributions to the ecosystem, and early support for the project. Eigen Foundation Announces

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bitcoin-sinks-3%-as-markets-brace-for-friday’s-jobs-report,-gold-climbs

Bitcoin Sinks 3% as Markets Brace for Friday’s Jobs Report, Gold Climbs

On Thursday, the crypto market mirrored the stock market’s downturn ahead of Friday’s anticipated U.S. jobs report. All major U.S. stock indices slipped into the red, with bitcoin (BTC) tumbling 3.6% in the past 24 hours. Meanwhile, gold enjoyed a nearly 1% gain, climbing back above the $2,500 per ounce mark. Recession Fears Loom as

Bitcoin Sinks 3% as Markets Brace for Friday’s Jobs Report, Gold Climbs Read More »

a-deep-dive-into-the-top-10-l1-chains-by-daily-transfer-records

A Deep Dive Into the Top 10 L1 Chains by Daily Transfer Records

In Sept. 2024, data revealed that the top ten layer one (L1) blockchains hold a combined value of $1.66 trillion, a significant chunk of the $2.03 trillion crypto economy. This year, Bitcoin and Ethereum, the two biggest L1 chains, hit all-time highs in daily confirmed transactions. Yet, despite their progress, BTC and ETH still lag

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cftc-fines-uniswap-labs-$175,000-for-violating-commodity-exchange-act

CFTC Fines Uniswap Labs $175,000 for Violating Commodity Exchange Act

The Commodity Futures Trading Commission (CFTC) has fined Universal Navigation Inc., operating as Uniswap Labs, $175,000 for illegal trading practices. The decentralized finance (defi) protocol operator was found in violation of the Commodity Exchange Act (CEA) for offering leveraged retail commodity transactions without proper registration. Uniswap Labs, the company behind a popular decentralized digital asset

CFTC Fines Uniswap Labs $175,000 for Violating Commodity Exchange Act Read More »

ethereum-still-holds-the-lion’s-share-of-defi-tvl-as-tron-and-solana-rise

Ethereum Still Holds the Lion’s Share of Defi TVL as Tron and Solana Rise

Currently, the total value locked (TVL) in decentralized finance (defi) stands at $82.2 billion, with Ethereum hosting a commanding 57.24% of that amount. Hot on its heels, Tron and Solana take the second and third spots for the largest TVLs today. Ethereum Reigns Supreme in Defi With 57% of Total Value Locked Despite ethereum (ETH)

Ethereum Still Holds the Lion’s Share of Defi TVL as Tron and Solana Rise Read More »

crypto-market-wobbles:-helium-gains-while-zcash-leads-week’s-declines

Crypto Market Wobbles: Helium Gains While Zcash Leads Week’s Declines

While bitcoin and ethereum dipped between 8.6% and 8% against the U.S. dollar, most crypto assets didn’t have a winning week. However, helium (HNT) bucked the trend, soaring by 15.43% against the dollar over the past seven days. On the flip side, zcash (ZEC) took the hardest hit, plummeting 28.63% during the same period. Crypto

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ethereum-technical-analysis:-eth-price-hovers-in-consolidation-zone

Ethereum Technical Analysis: ETH Price Hovers in Consolidation Zone

On September 2, 2024, ethereum was priced at $2,517, with a 24-hour intraday range of $2,407 to $2,531. Over the past week, its price fluctuated between $2,409 and $2,740, reflecting ongoing volatility. With a 24-hour trading volume of $14 billion and a market capitalization of $302.85 billion, ether’s market dynamics remain under pressure as it

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nft-market-faces-brutal-august:-sales,-buyers,-and-transactions-all-plunge

NFT Market Faces Brutal August: Sales, Buyers, and Transactions All Plunge

Non-fungible token (NFT) sales have had a rough time in 2024, and August has been no exception. Following a 36.6% drop in July, August brought another significant decline, with sales falling by 41.36%. NFT Market Struggles: August Sales Plunge 41.36% After July’s Decline According to cryptoslam.io metrics, NFT sales in August tallied up to approximately

NFT Market Faces Brutal August: Sales, Buyers, and Transactions All Plunge Read More »

ethereum’s-gas-fees-remain-low-while-network-turns-inflationary

Ethereum’s Gas Fees Remain Low While Network Turns Inflationary

According to recent metrics, Ethereum’s onchain fees continue to stay impressively low, with the average transaction cost this weekend at just 0.00029 ETH or $0.743. Etherscan reports that even high-priority fees are under 1 gwei, sitting around 0.972 gwei as of press time. Additionally, ultrasound.money data reveals that Ethereum’s issuance rate is currently inflationary, clocking

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