Crypto hackers buy Ethereum dip using stolen funds
Hackers exploit the market crash, using stolen funds from the 2022 Nomad bridge hack to purchase 16,892 ETH at a significant discount.
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Hackers exploit the market crash, using stolen funds from the 2022 Nomad bridge hack to purchase 16,892 ETH at a significant discount.
The crypto market saw its largest three-day sell-off in 12 months amid weak jobs data and revived fears of a recession leading to a tumble […]
ETH price has declined 10% since the approval of spot Ethereum ETFs, with open interest depreciating by over $250 million over the past 24 hours.
Ether ETFs posted a net inflow of $28.5 million on Aug. 1, with inflows into BlackRock’s fund outpacing outflows from Grayscale’s Ethereum Trust.
The total value locked in liquid restaking tokens rose over 8,300% since the beginning of 2024.
ETH price failed to crack the $3,400 resistance level, as spot Ethereum ETFs are seeing more outflows largely due to Grayscale.
ETH price continues to underperform Bitcoin price, and the downside is set to continue.
The “newborn” eight ETFs didn’t manage to outrun the $327 million of outflows from Grayscale’s recently converted Ethereum Trust.
Ethereum price has a muted response to today’s spot ETH ETF launch, but traders still expect Ether to hit new highs soon.
Analyst Eric Balchunas says that initial inflows into the Ethereum ETFs accounted for roughly 50% of Bitcoin ETF inflows on day one.
