Ethereum

Ether moves above $4,000 for the first time since May.

The second-biggest cryptocurrency ether moved above $4,000 for the first time since May 15, with analysts citing frenzied demand for non-fungible tokens (NFTs) as a driver of recent momentum. The cryptocurrency, linked to the ethereum blockchain, was up 5.02%...

Crypto asset manager Grayscale now has $10 billion worth of Ethereum under its management.

One of the largest digital asset managers, Grayscale, recently published an update regarding the total value of the company’s cryptocurrency assets under management (AUM). The New York-based crypto asset management firm now has more than 3 million Ethereum with...

Hackers steal $613 million crypto tokens from Poly Network, later return half of it.

Hackers pulled off the biggest ever cryptocurrency heist on Tuesday, stealing $613 million in crypto tokens from token-swapping platform Poly Network, only to return $260 million less than 24 hours later. Poly Network is a decentralized finance (DeFi) platform...

Bitcoin and Ethereum witness strong gains as the overall crypto market spiked by more than $100 billion.

Bitcoin and Ethereum witnessed strong gains in the last 24 hours as the overall crypto market cap spiked by more than $100 billion within a single day. Ethereum remained the best performing digital currency among the top 10, with...

Brazilian Securities Regulator approves the first Ethereum ETF in Latin America.

On Tuesday, 13th July, the Brazilian Securities Regulator (CVM) approved the first-ever cryptocurrency exchange-traded fund (ETF) that tracks the performance of Ether digital currency in Latin America. The QR Asset Management announced the approval of this Ether ETF –...

Bitcoin rebounds after dropping below $30,000 overnight.

The world’s leading cryptocurrency bitcoin saw a strong price recovery in the last 12 hours as the total market capitalization of bitcoin reached $640 billion, a jump of approximately $100 billion from the recent lows. Yesterday, Bitcoin crashed below...

Miami Mayor Francis Suarez says he holds bitcoin and Ethereum.

Francis Suarez, an American attorney and Mayor of Miami, yesterday revealed that he is holding Bitcoin and Ethereum. Suarez mentioned that he purchased BTC and ETH on the day the US Senate passed the $1.9 trillion stimulus bill. In...

Grayscale reports a dip in the total value of its cryptocurrencies under management.

One of the largest institutional holders of Bitcoin and Ethereum, Grayscale, reported a dip in the total value of its digital assets under management (AUM). According to the official numbers posted by the company, Grayscale’s Bitcoin Trust has over 650,000 BTC...

Crypto market sees the biggest crash of 2021 as BTC briefly falls to $31,000.

The Crypto market sees the biggest bloodbath of 2021 as all major cryptocurrencies drop massively. The leading cryptocurrency fell as low as $31,000 for the first time this year before gaining a couple of thousands at the time of...

Bitcoin drops below $40,000 as the overall market cap of cryptocurrency sheds $300 billion.

The overall cryptocurrency market cap dropped below $1.8 trillion on Wednesday after Bitcoin reached a low of $38,700, its lowest level since February 20211. At the time of writing, Bitcoin is trading at $39,219 with a market cap of...

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Canaan’s net revenues reached $167.5 million in Q2 of 2021.

Crypto mining hardware manufacturer and computing solutions provider Canaan recently released its unaudited financial results for the second quarter ended 30...