On-Chain Data Suggests Ether Investors Bought September Dip

Ether‘s recent price drop has failed to deter investors from accumulating the cryptocurrency, on-chain data indicates. The second-largest cryptocurrency by market value was trading at $345 on Friday at 15:20 UTC. This represents a 20% decline on a month-to-date basis. Prices reached two-year highs above $480 on Sept. 1. While the cryptocurrency has suffered a double-digit price pullback, the number of ether held by top non-exchange addresses has...

First Mover: Tron’s Play for WBTC Shows Competition to Relieve Ethereum Congestion

Competition builds in market for tokenized bitcoin, used to get extra profit off holdings of the cryptocurrency recently denigrated as a "pet rock."Want to know more on First Mover: Tron’s Play for WBTC Shows Competition to Relieve Ethereum Congestion click here go to Cryptocurrency news source. Cryptocurrency news summary from Coindesk Cryptocurrency News.Author: Bradley Keoun

DeFi Gas Inflation On Ethereum Creates Opportunities And Problems

A user might have paid $1 for one action on ethereum and then a few months later needed to pay $50 to do that exact same thing.Want to know more on DeFi Gas Inflation On Ethereum Creates Opportunities And Problems click here go to Crypto & Blockchain news source. Crypto & Blockchain news summary from Forbes Crypto & Blockchain News.Author: Roger Huang, Contributor

Ethereum’s Latest Craze Struggles To Hold Off Recent Weakness

The strong growth in DeFi and NFTs has been a “double-edge sword” for Ethereum, consistently clogging the network, which coupled with macro uncertainty, has weighed on price recently.Want to know more on Ethereum’s Latest Craze Struggles To Hold Off Recent Weakness click here go to Crypto & Blockchain news source. Crypto & Blockchain news summary from Forbes Crypto & Blockchain News.Author: Christopher Brookins, Contributor
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