There are signs some of the excessive leverage had been wrung out of the market, implying the potential for a fresh more to the upside, analysts said.
The titan of Silicon Valley VC is leading a major round in Optimism.
The throughput solution comes as Ethereum gas fees hit historic highs.
A few functions may be removed from Ethereum during its merge from Eth 1.x to Eth 2.0.
This is the firm’s second such product after its "BITC" bitcoin ETP was listed on the SIX exchange in January.
Bitcoin's price has declined 20% since Sunday.
You can send an Ethereum transaction, or you can buy yourself a steak dinner.
The strategy has also contributed to higher gas fees and blockchain bloat.
Kraken said ether's price saw a "sharp" downward movement on Monday.
After a lot of drama, bitcoin’s back to trading where it was a few days ago.
The three-month high liquidation volume comes as Ethereum fees in dollar terms set a new record mark of $29 per basic transaction.
The news flow still looks bullish on bitcoin, but the market appears to have gone too far, too fast.
The batch of 34 NFTs was purchased by a whale who paid 557.5 ETH, or roughly $1 million.
This week’s congressional hearings, as well as the appearance of new institutional onramps, point to growing investor interest in a new type of capital market.
Ether hit a new record of $2,017.01, before settling back to $2009.59, up 5.44% in the last 24 hours with the market capitalization of the crypto hitting $230.7 billion.