Ethereum Fees Lowest Since January: Is It A Bottom Signal?

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On-chain data shows that Ethereum transaction fees have dropped to their lowest level since January, a sign that a bottom could be close. Ethereum Transfer Fees Has Plunged As Network Has Gone Cold According to data from the on-chain analytics firm Santiment, Ethereum transaction fees have taken a notable hit recently. The “transaction fees” here […]

Bitcoin Flips Ethereum In Fees, But Will This Last?

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On-chain data shows that Bitcoin has flipped Ethereum in another metric, as the transaction fees paid on the BTC network are now higher than those paid on the ETH network. Bitcoin Total Transaction Fees Is Now Higher Than Ethereum’s As pointed out by analyst James Van Straten in a post on X, the Bitcoin transaction […]

Bearish Outlook: Bill Morgan Warns Of Drastic XRP Performance Against Bitcoin |

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Amidst the volatile landscape of cryptocurrency markets, Australian attorney Bill Morgan has voiced concerns about the action of XRP against notable crypto assets like BTC, noting an extreme decline in performance over time. XRP Versus Bitcoin Plummeted On Every Timeframe Bill Morgan‘s report sheds light on how XRP has reacted to the largest crypto asset […]

Hong Kong Set To Greenlight Bitcoin And Ether ETFs By Monday

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Hong Kong is on the cusp of approving its first spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) with potential final approvals as early as Monday, according to Bloomberg, citing two people familiar with the matter. This move positions Hong Kong as a pivotal player in the Asian cryptocurrency market and underscores its ambition […]

Ethereum Vulnerable To Attack With Just 33% ETH Staked

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A recent poll conducted by Christine Kim, a researcher at Galaxy Digital, has revealed significant misconceptions within the Ethereum community regarding the blockchain’s economic security. The poll, which asked the crypto community to assess the security threshold of ETH staked in securing the blockchain, indicated a lack of awareness about the actual risks of an […]

Expert Addresses Conspiracy Theories, Affirms Ripple’s Stance Against XRP Dumping |

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Bill Morgan, a well-known Australia-based lawyer and entrepreneur has delved into speculations regarding Ripple dumping of XRP to manipulate or suppress its price, debunking the claims and emphasizing transparency in the crypto asset’s management. No Proof To Back Up Claims Against Ripple Morgan’s insights on the subject were triggered by a pseudonymous X user noting […]

Ethereum’s Reputation Takes A Hit As Trading Veteran Labels It A ‘Junk Coin

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Recently, renowned trader Peter Brandt voiced criticism directed squarely at Ethereum (ETH), the second-largest crypto by market capitalization, denouncing it as a “junk coin” in a blunt assessment. Ethereum Faces Criticism Celebrated for his insights into financial markets, Peter Brandt spared no punches as he castigated Ethereum, arguing that it lacks the essential characteristics required […]

2024 Crypto Boom: CoinLedger Study Unveils Over $2,000 Surge In Average Portfolio Value

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2024 has proven to be a lucrative year for the average investor, according to recent data unveiled by CoinLedger. The platform’s data reveals a notable surge in the average crypto portfolio, with gains totaling $2,804 thus far. This notable increase starkly contrasts with the modest average realized gains of less than $1,000 observed throughout 2023. […]

Crypto Exchange KuCoin Sees Massive Outflows After Lawsuit

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For the past week, crypto exchange KuCoin has been at the center of a regulatory tornado. The charges filed last Tuesday include breaking several regulations and violating anti-money laundering (AML) laws in the United States. A recent report reveals that the exchange has faced significant challenges after the news of the lawsuits broke out. Despite […]

House GOP Pressures SEC To Clarify Ethereum’s Security Designation For Prometheum’s Custody |

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In a joint effort, Republican lawmakers led by House Financial Services Committee Chair Patrick McHenry and House Agriculture Committee Chair Glenn Thompson have called upon Securities and Exchange Commission (SEC) Chair Gary Gensler to provide further clarification on the agency’s stance regarding the custody of Ethereum (ETH) by Prometheum.  The lawmakers, including Representatives French Hill, […]

Gaming Platform Exploit Ends With $62M In Crypto Returned

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In the late hours of Tuesday, the crypto community saw another exploit. Munchables, the Ethereum Layer-2 NFT gaming platform, reported being compromised on an X post. The crypto heist, which momentarily stole over $62 million, took a shocking turn of events after the attacker’s identity opened a Pandora’s box. Crypto Developer Turns Hacker Yesterday, Munchables, […]

Ethereum Designated As Commodity By CFTC, Triggering Regulatory Conflict With SEC |

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A recent development highlights the ongoing interagency drama between the US Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC): the classification of major cryptocurrencies has become a focal point of contention.  Once again, the CFTC has affirmed its position that Ethereum (ETH) and several other cryptocurrencies should be classified as commodities, […]