Retail interest in Ethereum has dropped to 2020 levels with tweet volume, NFT activity, and active addresses all declining sharply. Meanwhile, institutional adoption is growing, with major firms like BlackRock and JPMorgan building on Ethereum and a nonprofit onboarding institutions. Despite this, Ethereum's price has fallen about 42% this year, reflecting declining fee revenue and a market pricing the token based on cash flows rather than adoption narratives. The key question is whether institutional activity will generate enough fees to boost the token's value, with the current divergence between retail, institutional use, and market pricing unresolved.
Suncor Energy has agreed to sell its interests in the Terra Nova, White Rose, and West White Rose offshore oil assets to Ithaca Energy for $1.2 billion in cash plus up to $350 million contingent on future oil prices. Ithaca will take over all future ...
First Graphene has signed a three-year agreement with Turkish prepreg manufacturer Aeropreg to develop and commercialize a graphene-enhanced carbon fibre prepreg using its PureGRAPH® technology. This collaboration aims to optimize graphene incorporat...
Cardano (ADA) surged 4.80% within one hour to $0.2644 on October 5, with a 7.79% gain over 24 hours. This price jump coincided with $580,000 in short liquidations on Binance, Bybit, and OKX, while no long liquidations were recorded. ADA remains the 1...
Bitcoin's price has risen 4% in Europe since early September, while the US market saw a 3% decline. This divergence is highlighted by a negative Coinbase Premium Index, indicating lower US retail demand compared to global markets. However, US spot Bi...
On October 1, Binance recorded the largest daily net inflow of TRX in 99 days, with +79.8 million TRX deposited, significantly above the 30-day average. Despite this spike, the net inflow was driven by a single day rather than a sustained trend, and ...
