CryptoNews

Crypto Controversy: Crypto Sleuth ZachXBT’s XRP Accusations Prompt Claims of Personal Grudge Against Ripple

On Aug. 28, crypto investigator ZachXBT sparked a controversy by accusing XRP holders of being “exit liquidity” for insiders. His claim prompted counter-allegations from a researcher that ZachXBT’s hostility stems from a rejected offer to work for Ripple. The ‘Exit Liquidity’ Rationale The online crypto sleuth ZachXBT stirred a hornet’s nest on Aug. 28 when he suggested that XRP…
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CryptoNews

Ethereum by the Numbers: Network Fees Stay Low as Onchain Use Holds Steady

As August winds down, readings on Ethereum’s supply, fees, throughput, holders and overall price point to a week with positive net issuance, steady onchain use, and relatively low transaction costs. Ethereum Under the Hood Blockchair’s supply trajectory data indicates Ethereum’s circulating amount has flattened since the 2022 transition to proof-of-stake (PoS) and sits in the low-120 million…
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Ether’s 14-Week Inflow Streak Ends With $238 Million Exit as Bitcoin ETFs Bleed $1.17 Billion

Bitcoin ETFs logged their second-largest weekly outflow at $1.17 billion, while ether ETFs ended a 14-week inflow streak with a $238 million exit. Despite midweek rallies, heavy early outflows defined the trend. ETF Shake-up: Bitcoin Funds Post Second-Highest Weekly Loss While Ether Snaps Record Inflow Run The tide finally turned. After 14 straight weeks of gains, ether exchange-traded funds…
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CryptoNews

ETH Crashes 9% After ATH, Market Cap Sheds $60 billion in Hours

On Aug. 25, ethereum plunged to $4,352 just hours after it breached the $4,900 mark for the first time. Market cap dipped from nearly $600 billion to $529 billion. Market Pullback and Major Liquidations Hours after breaking past $4,900, Ethereum ( ETH) tumbled by nearly 7%…
CryptoNews

Ethereum Breaks Its Long Silence — But Is $10K the Next Chapter?

Bitcoin may have set multiple records this year, but ethereum ( ETH) just staged its first breakout since November 2021 this week, pushing YTD gains to 43% against bitcoin’s 23%. The real question now is whether ethereum’s rally has only just begun. Could Ethereum Be Poised for a Shock Move? At the start of the year, ethereum (ETH) traded at 0.036 BTC per coin. By April and May, it had slipped…
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