Total crypto market value surpassed $4T for the first time, driven by altcoin rallies and US legislative momentum; Ether jumped 22% over the past five days
“Crypto Week” Lives Up to the Hype — 🔹 Bitcoin hit an all-time high above $122,800 … Ben Lavi : 🚨 The $4 Trillion Moment? — Today, the total cryptocurrency market cap may surpass $4 trillion for t...
Ethereum is grappling with uncertainties as its reliance on Layer-2 blockchains grows, leading to lower fee collection, while rivals like Solana gain ground
- The blockchain has seen fees slide after technical upgrades — Criticisms have weighed on Ether, which has underperformed
Nasdaq says it expects its custody services for digital assets to launch by end of Q2, starting with Bitcoin and Ether
Nasdaq Inc. expects its custody services for digital assets to launch by the end of the second quarter as it joins a growing pool of traditional financial firms …
Bitcoin dropped below $26,000 for the first time since December 2020, down 15% in 24 hours; Ether dropped as low as $1,720, its lowest level since July 2021
- The price of bitcoin plunged below $26,000 on Thursday, hitting its lowest level in 16 months.
BitPay: Bitcoin use by BitPay merchants dropped to ~65% of crypto payments, down from 92% in 2020, as Ether purchases rose to 15% and stablecoins to 13%
Consumers and businesses are increasingly starting to use digital tokens other than Bitcoin for purchases, according to BitPay Inc. …
Sotheby's auction house says it will accept bitcoin and Ether at the sale of a 101.38-carat diamond, which could fetch as much as $15M, on Friday
- Pear-shaped flawless gem could fetch $15 million at auction — Bitcoin, Ether will be accepted at Hong Kong sale on Friday
Report: Bitcoin accounts for ~46% of total crypto market value of $2.3T, down from ~70% at the start of the year; Ether, which rose to $3K on Monday is at ~15%
Joanna Ossinger / Bloomberg :
As Ethereum's network is increasingly used for Tether transactions, the cost of running smart contracts has spiked, and Ether's network utilization has hit ~90%
Olga Kharif / Bloomberg :