Crypto News

Ethereum Open Interest Hits 5.4M ETH with 2.91% Daily Increase

Ethereum's open interest in contracts surges to 5.4 million ETH, valued around $145.11 million, reflecting a 2.91% rise in just 24 hours. Discover the implications of this significant growth for th...

Smart Money Gains $5.5 Million from Bitcoin and Ethereum Investments

Discover how a smart money address profited $5.5 million from Bitcoin and Ethereum trades, capitalizing on market movements and innovative loan strategies.

Cryptocurrency Market Liquidations Hit $217 Million in 24 Hours

The cryptocurrency market witnessed $217 million in liquidations in the last 24 hours, with long positions at $47.51 million and shorts at $169 million. Bitcoin saw $83.42 million, while Ethereum e...

Ethereum Staking Yields Fall to 3%: Analysts Compare Returns with Other Layer 1 Protocols

The Ethereum network's staking yield has dropped to 3%, decreasing from 3.5% in July. Analysts highlight that this yield is now significantly lower than yields from other Layer 1 protocols, which r...

USDC Treasury Destroys 50 Million USDC on Ethereum

Whale Alert reports that the USDC Treasury has destroyed 50 million USDC on the Ethereum blockchain. This transaction emphasizes the dynamic nature of cryptocurrency management and the measures tak...