Record Drop in Ethereum Gas Fees Marks Historically Bullish Signal For ETH, Analyst Says
“Every time ETH gas fees have dropped to rock bottom, it has often signaled a price bottom in the mid-term,” one market watcher said.Source
“Every time ETH gas fees have dropped to rock bottom, it has often signaled a price bottom in the mid-term,” one market watcher said.Source
Sun.io, the DeFi platform associated with Tron founder Justin Sun, has released a token generator dubbed SunPump.Source
South Korean pension fund, National Pension Service (NPS), has bought MicroStrategy (MSTR) shares worth nearly $34 million in the second quarter of this year, according to filings made public earlier this week.Source
Filings show he has over $1 million in Ether.Source
Other exchanges have also withdrawn their applications, but some have re-filed.Source
Investment advisors including Wall Street giants Goldman Sachs and Morgan Stanley were among the biggest holders of spot ETFs as of June 30 as clients amped up their crypto allocations to a total of $4.7 billion.Source
The blame this time can’t be laid on macro jitters as stocks are up big again, with the Nasdaq and S&P 500 both more than erasing early August declines.Source
Stablecoin issuer Tether has attracted regulatory scrutiny in the past due to its lack of transparency about the composition of its reserves, the report said.Source
The share of stablecoins versus total cryptocurrency market capitalization is relatively unchanged this year, the report said.Source
The influx of capital comes as Chaos Labs, founded in 2021, looks to expand its platform, designed to address the growing need for automated risk management in decentralized finance (DeFi).Source