🕯Bitcoin closes July with a 2.95% gain

Ethereum, meanwhile, showed a 5.88% drop for the month.

It should be noted that historically BTC closes July "in the plus" for the eighth time. On average, this month the asset shows growth of 7.56%.

#BTC #ETH

📊 Quotes of the first cryptocurrency fell below the $62,000 mark

Over the past 24 hours, the asset lost 4.2%.

Meanwhile, in terms of capitalisation, the cryptocurrency for the first time since July 8 failed the psychological boundary of $3000, losing 5% over the day.

The total volume of liquidated positions for the day amounted to $289 million. $247 million of them were longs.

#btc #eth

Monday, flight normal 🙏

#btc #eth

💬 Peter Szilagyi has expressed his frustration with the cryptocurrency industry

Cryptocurrencies are a bloody casino and the speculative aspects are too much dominated by true value. All cryptocurrency has achieved is a huge transfer of value, but so far I don't see any value creation.

#eth #market

🥺 BlackRock and Nasdaq have applied to launch an ETH-ETF

The SEC will make its final decision in early April 2025, Bloomberg analyst James Seyffarth said. He specified that CFTC and OCC approval will also be required.

#ETH #ETF #BlackRock #Nasdaq

☄️China transfers Ethereum from seized Plus Token crypto pyramid wallets with a total balance of 789,533 ETH ($2bn)

Also Chinese police confiscated 194,775 BTC ($11.2bn).

#eth #china

👀 On 9 August, total net outflows from spot Bitcoin-ETFs were $89.7 million

While total outflows from spot Ethereum-ETFs totalled $15.7 mln

#ETF #BTC #ETH

📉 The average commission on the Ethereum network has reached its lowest level in 5 years

In the last 24 hours, it dropped to 1.9 Gwei, and below 1 Gwei for low-priority transactions.

#Ethereum #ETH #Gwei

☺️ Grayscale made a transfer of 700 BTC and 16088 ETH to Coinbase Prime

#BTC #ETH

💡 Franklin Templeton will launch a universal crypto-ETF

In a Form S-1 filed by Franklin Templeton with the SEC, in addition to BTC and Ethereum, this ETF may cover other cryptocurrencies in the future.

#ETF #BTC #ETH

📉 Commissions in Ethereum have dropped below 1 gwei ($0.05)

And it's the lowest in the last few years.

#eth

📉 Outflows from spot BTC-ETFs 4 days in a row

On 30 August, $175 million was withdrawn from spot Bitcoin-ETFs. Total outflows from spot Bitcoin-ETFs from 27 to 30 August were $479.6 million.

Total inflows into spot Ethereum-ETFs on 30 August were zero. Over the past 4 days, spot Ethereum-ETFs have collectively seen minor outflows of funds.

#ETF #BTC #ETH

💀 Vitalik Buterin writes about savings again

Vitalik wrote in his tweet that he hasn't sold or stored the proceeds since 2018.

All sales were for the purpose of investing in projects of interest or ecosystem.

#ETH

💬 Ethereum network revenue has fallen 99% since March this year

This happened after the Dencun hardfork, one of the main components of which was the EIP-4844 update, which implemented the Proto-Danksharding option.

Dencun also allowed to significantly reduce commissions in Ethereum network scaling solutions (L2 and L3) - currently 74 Layer-2 and 21 Layer-3 projects are fully up and running.

#eth

🇨🇭 The $290 billion Zurich Cantonal Bank announced the launch of a service to sell BTC and ETH

#btc #eth

💵Ethereum Foundation's annual expenses have been revealed

They are $100 million, their ETH and fiat reserves will be enough for another 10 years.

#eth

📉 Ethereum liquidity has fallen 20% since the launch of spot ETFs

And it's already become much easier for the big players to manipulate the price.

#eth