Daily trade volume for Bitcoin futures contracts has dropped to a new year-to-date low. However, open interest in both BTC and Ether futures are rallying into record highs. Trade volume on Bitcoin (BTC) futures exchanges has plummeted to new lows for 2020, with the BTC futures markets collective posting just shy of $5 billion in […]
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Data posted by Glassnode has revealed that the number of wallets containing 0.1 coins is posting new all-time highs for both Bitcoin and Ether addresses. The number of investors with Bitcoin (BTC) holdings of 0.1 coins or more has broken into new all-time highs. Data published by crypto data aggregator Glassnode on June 13 shows […]
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Grayscale Investments’ Ethereum Investment Trust shares are currently trading at roughly 150% of ETH’s all-time price high, signaling strong institutional demand. Shares in Grayscale Investments’ Ethereum Investment Trust, or ETHE, are trading at a 750% premium over the market rate of their underlying asset on the secondary markets, according to data published by crypto analysis […]
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While a minimum stake of 32 ETH is needed to become a validator on Ethereum 2.0, staking pools and services make the participation possible for everyone. As the Ethereum 2.0 upgrade approaches, users have been showing an increasing interest in the staking process, which would allow them to make a passive income by validating the […]
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Researchers have concluded that the recent Ether transfers that spent over $5 million in gas fees are the result of hackers trying to extort a compromised exchange. Over the past week, the crypto community has been left befuddled by three small Ether (ETH) transfers that incurred millions of dollars in fees. However, new reports have […]
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Once Ethereum becomes a proof-of-stake blockchain, what will happen to the ETH miners, and what will they do? As Ethereum is finally set to launch its Ethereum 2.0 upgrade later this year, putting an end to a long streak of delays, the network will start moving toward a proof-of-stake model. Consequently, the network will abandon […]
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We selectively analyzed six stablecoins — USDT, GUSD, HUSD, PAX, TUSD and USDC — to uncover their minting and burning activities so far in 2020. As of June 4, six stablecoins — Tether (USDT), Gemini Dollar (GUSD), HUSD (HUSD), PAX Gold (PAXG), TrueUSD (TUSD) and USD Coin (USDC) — have had a total of more […]
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Many altcoin bulls are holding longs in spite of yesterday’s sudden down-turn in the Bitcoin markets. However, altcoin shorts are quickly rising too. Despite yesterday’s 8% crash in the price of Bitcoin (BTC) driving many BTC bulls from the markets, altcoin longs have only seen slight declines, with Ether (ETH) longs defying the trend with […]
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According to Exponential Investments crypto fund managers, Ether is digital tungsten to Bitcoin’s gold. Two crypto fund managers say Ether (ETH) is neither a worthy asset for investors nor a great store of value. According to a report posted June 11 by Steven McClurg and Leah Wald of Exponential Investments, Ether is a “risk-on asset” […]
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A third transaction with a transaction fee worth thousands of Ether has confirmed as experts suggest foul play again. A third intriguing transaction has taken place with a 2,310 Ether (ETH) transaction fee, valued at over $540,000 at time of press. Occurring less than 24 hours after the first two transactions with over $5.2 million […]
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