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What Do EigenLayer's Outflows of $2.3B Signal?

Total value locked on EigenLayer has dropped by 13% to $15.1 billion in the last 30 days, even though ether is trading at a similar level to June. DefiLlama data also shows th...

By CoinDesk Staff

Jul 26, 2024 at 4:16 p.m. UTC

Jul 26, 2024

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Ether Slides as Grayscale's ETHE Outflows Ramp Up

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Ethereum

Ether Slides as Grayscale's ETHE Outflows Ramp Up

Ether was down over 7.5% in the first hours of East Asia's business day, this comes as the market continues to be concerned about outflows from Grayscale's converted Ethereum...

By CoinDesk Staff

Jul 25, 2024 at 3:38 p.m. UTC

Jul 25, 2024

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Gold

Copper-to-Gold Ratio Drops, What Does This Mean for Crypto?

The copper-to-gold ratio, which measures the division of the market price per pound of copper by the per ounce price of gold, has dropped over 8% this month, according to data...

By CoinDesk Staff

Jul 24, 2024 at 5:18 p.m. UTC

Jul 24, 2024

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Ether Jumped Above $3.5K Ahead of ETH ETF Trading

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Sec

Ether Jumped Above $3.5K Ahead of ETH ETF Trading

Ether price jumped above the $3,500 level as the spot ETH ETFs went live Tuesday. This comes after eight issuers of the product, including BlackRock, received approval for the...

By CoinDesk Staff

Jul 23, 2024 at 4:53 p.m. UTC

Jul 23, 2024

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HNT Token Scores 40% Gains on Growing Adoption of Helium Mobile

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Cdtv

HNT Token Scores 40% Gains on Growing Adoption of Helium Mobile

Helium Network's HNT token has surged over 40% in the past seven days, outperforming bitcoin and other major cryptocurrencies. Data from CoinGecko shows that the token is plac...

By CoinDesk Staff

Jul 22, 2024 at 3:49 p.m. UTC

Jul 22, 2024

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Profit-Making Crypto Address Makes New Investment of $16M in BTC

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Cdtv

Profit-Making Crypto Address Makes New Investment of $16M in BTC

According to data tracked by Arkham Intelligence and Lookonchain, one crypto address that is recognized for substantial trading profits has made a fresh BTC investment this we...

By CoinDesk Staff

Jul 19, 2024 at 5:22 p.m. UTC

Jul 19, 2024

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Biden

Biden Dropout Chances Rise on Polymarket After Covid Diagnosis

The chances of President Joe Biden withdrawing from the race for U.S. president rose to 66% on betting platform Polymarket after the President confirmed on X that he had been...

By CoinDesk Staff

Jul 18, 2024 at 5:34 p.m. UTC

Jul 18, 2024

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XRP Surges 15% on the Back of Triangle Pattern

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Cdtv

XRP Surges 15% on the Back of Triangle Pattern

XRP surged more than 15% in the past 24 hours, extending the token’s seven-day gains to around 40%, making it the best-performing major, despite favorable regulatory developme...

By CoinDesk Staff

Jul 17, 2024 at 4:07 p.m. UTC

Jul 17, 2024

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Cdtv

Breaking Down Solana's Triangle Pattern

Solana's SOL token nearly doubled to over $200 in the first quarter, since then the uptrend has lost steam, with pullbacks supported around $120. That has resulted in a so-cal...

By CoinDesk Staff

Jul 16, 2024 at 4:21 p.m. UTC

Jul 16, 2024

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Spain National Fan Token Slides After UEFA Euro 2024 Win

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Cdtv

Spain National Fan Token Slides After UEFA Euro 2024 Win

Despite Spain's victory in the UEFA 2024 soccer championship, the Spain National Fan token (SNFT) has dropped by nearly 20% to over 2 cents in the past 24 hours with a market...

By CoinDesk Staff

Jul 15, 2024 at 4:11 p.m. UTC

Jul 15, 2024

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