Bitcoin, Ether Drop Over 5% in Massive Sell-Off as Market Continues to Digest Silvergate
Bitcoin plunged to $22,277 and Ether hit $1,563 as crypto tumbled during the opening hours of East Asia’s trading day. Major digital assets plunged as…
Tag: Ethereum
Liquid Staking Replaces DeFi Lending as Second-Largest Crypto Sector
The value of cryptocurrencies deposited in liquid staking protocols has increased to about $14 billion, trailing just deposits at decentralized exchanges. Liquid staking, which allows…
Tokens of Optimism Ecosystem Surge as Coinbase Unveils Its Layer 2 Base
Coinbase said Thursday that it is leveraging Optimism’s technology to launch an Ethereum layer 2 scaling product, Base. Nasdaq-listed centralized digital assets exchange Coinbase (COIN)…
Coinbase’s CEO Cites ‘Rumors’ the SEC May Ban Crypto Staking for Retail Customers
“I hope that’s not the case as I believe it would be a terrible path for the U.S. if that was allowed to happen,” Brian…
First Mover Americas: Bitcoin Now Below $19K as Merge-Fueled Ethereum Classic Hype Unwinds
The latest price moves in crypto markets in context for Sept. 7, 2022. Price point Bitcoin (BTC) was trading below the $19,000 threshold on Wednesday,…
Bitcoin Drops Even as Wall Street’s ‘Fear Gauge’ Indicates Calm Ahead of Fed Decision
“I don’t think the hawkish Fed trade has peaked,” one observer said. Bitcoin fell even as the Chicago Board of Options Exchange’s volatility index (VIX),…
First Mover Asia: Bitcoin Rebounds Past $20K; China’s Blockchain Revolution Is Missing On-Chain Data
Ether and most other major altcoins regain ground they’d lost in last week’s downturn; China companies seem unconvinced by blockchain technology. Prices: Bitcoin gains ground, hovering…
A Major Crypto Exchange Abandons Ethereum: Is the World’s Computer Falling Behind?
By ditching Ethereum for Cosmos, dYdX has sparked claims that it has chosen sovereignty over security. Last week, crypto derivatives exchange dYdX announced that it…