EigenLayer TVL hits $12.9B, climbs 11% in one week: ITB
EigenLayer leads the restaking sector with a $12.9B TVL, driven by AVS rewards and growing interest in Ethereum-based restaking. Go to Source
Ethereum
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Ethereum Profitability Drops To 66% Amidst Market Volatility And DeFi Challenges
Ethereum’s profitability has declined to 66%, reaching levels not seen since October 2023. This dip comes as the market navigates a complex landscape marked by mixed technical signals and ongoing challenges within the decentralized finance (DeFi) sector. 🔸 #Ethereum profitability falls to 66%, mirroring Oct 2023 levels. 🔸 RSI and MACD show mixed signals as … Read more
Ethereum gas fees: Too low or too high? No one can decide
Critics who have a problem with volatile gas prices — on Ethereum or elsewhere — have the wrong vision for the future of crypto. Go to Source
Price analysis 8/14: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin is finding it difficult to rise above the overhead moving averages, indicating that the bears are trying to flip the level into resistance. Go to Source
Blackrock’s Bitcoin and Ethereum Funds Dominate Tuesday’s ETF Inflows
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced an inflow of $38.94 million, while spot ether ETFs attracted $24.34 million. Tuesday’s Inflows Boost Spot Bitcoin and Ether ETFs The positive momentum continued for spot bitcoin and ether ETFs on Tuesday, with both groups enjoying fresh inflows. Spot bitcoin ETFs raked in $38.94 million, led … Read more
Metamask Partners With Mastercard to Launch Crypto-Backed Debit Card in Europe
Metamask has teamed up with Mastercard and Baanx to launch a debit card that lets users spend their crypto assets directly from their self-custody wallets. Consensys, the firm behind the project, views this new card as a pivotal step in weaving digital currencies into everyday life. Mastercard and Metamask Team Up to Launch Crypto Debit … Read more
Ethereum L2 ecosystem processes a record 12.4M transactions in a day
The growth has been primarily driven by memecoin mania on the Coinbase L2 blockchain Base. Go to Source
Bitcoin Skyrockets Past $61K—Over $23M in Shorts Wiped OutÂ
On Tuesday, bitcoin’s price climbed to $61,600 after dipping below the $60,000 mark over the weekend. The leading cryptocurrency recorded a 2.9% increase against the U.S. dollar, boosting its seven-day gains to 6.9%. Crypto Chaos: Bitcoin Soars, Derivatives Traders Scramble After a brief dip below $60,000, bitcoin is back above that threshold, showing a modest … Read more
Crypto ETF Market Sees Turnaround: Bitcoin and Ethereum Funds Net Inflows
U.S.-based spot bitcoin and ethereum exchange-traded funds (ETFs) both enjoyed a lift on Monday, with ETH ETFs pulling in $4.93 million while BTC ETFs attracted $27.87 million during the day’s trading. Crypto ETFs Make a Positive Comeback On Aug. 12, 2024, both spot bitcoin (BTC) and ethereum (ETH) ETFs experienced inflows, marking a shift from … Read more
Ethereum ICO whale deposits 48.5K ETH at 1,024,416% profit
The Ethereum whale deposited 48,500 ETH to a cryptocurrency exchange in just over four weeks, during which Ether’s market cap shed approximately $80 billion. Go to Source