ETH

Publicly-listed beauty apps maker Meitu buys $40 million in BTC, ETH

Publicly-listed beauty apps maker Meitu buys $40 million in BTC, ETH

Meitu, a Chinese photo retouching app listed in Hong Kong, has announced it purchased $40 million worth-of bitcoin and ethereum. The firm said in disclosure Sunday on the Hong Kong Stock Exchange that it has bought 15,000 units of ETH and 379.12 units of BTC in open market transactions at an average cost of $22.1 …

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ETH price tops $2,000 for the first time to hit new all-time high

ETH price tops $2,000 for the first time to hit new all-time high

The price of Ether (ETH), the native cryptocurrency on the Ethereum network, has set new record highs.  The second largest cryptocurrency by market capitalization is now changing hands at $2,003 on Coinbase Pro as of writing, after topping the $2,000 level for the first time around 3:45 UTC on Saturday. The price rally of ETH …

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Market Wrap: Bitcoin Loses Steam at $15.9K; Over 600K ETH Yanked From DeFi

Market Wrap: Bitcoin Loses Steam at $15.9K; Over 600K ETH Yanked From DeFi

A bitcoin rally to new 2020 highs has been slowed by lower spot volume. Meanwhile, some ether investors are moving capital out of DeFi. Bitcoin (BTC) trading around $15,502 as of 21:00 UTC (4 p.m. ET). Gaining 2.6% over the previous 24 hours. Bitcoin’s 24-hour range: $15,190-$15,934 BTC near its 10-day moving average but above …

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The One-Way ETH 'Burn' That Will Kick-Start Ethereum 2.0

The One-Way ETH ‘Burn’ That Will Kick-Start Ethereum 2.0

With final preparations for the launch of Ethereum 2.0 soon to be underway, CoinDesk’s Christine Kim spoke with developers Raul Jordan and Eduardo Antuña Díez about what’s left to do and what comes next. The final preparations for Ethereum 2.0 launch will soon be underway.  Lead developer at Prysmatic Labs Raul Jordan, who has been …

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Charting Ethereum’s five-year journey by the numbers

ETH trading volumes are rising faster than bitcoin volumes

Trading volumes of ether (ETH) — both spot and futures — are rising faster than bitcoin (BTC) volumes, according to The Block Research. It means traders are trading ETH relatively more compared to BTC. One of the main possible reasons for the shift is the recent decentralized finance (DeFi) boom. The Block’s Larry Cermak looked …

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Crypto hedge fund Tetras Capital known for shorting ETH is shutting down – report

Crypto hedge fund Tetras Capital known for shorting ETH is shutting down – report

Tetras Capital, a crypto hedge fund known for shorting ether (ETH), is reportedly shutting down. A CoinDesk report, citing “a person with direct knowledge of the matter,” said Tetras Capital suffered a loss of about 75% since its launch in 2017 and is returning money to investors. Tetras Capital was launched to make trades in …

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ETH 2.0 client team Prysmatic Labs is releasing a new test network this weekend

$188 million in ETH tied to PlusToken Ponzi moves for first time since December

Nearly 790,000 ETH – worth roughly $188 million – held in a wallet connected to the PlusToken Ponzi scheme were on the move in a pair of transactions. Those two transactions, accounting for 789,533 ETH, can be viewed here and here. The last time these funds moved was on December 19. The transactions come two …

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