Ethereum's market capitalization has fallen to about $186.263 billion, while Tether's stablecoin market cap rose to approximately $187.05 billion, marking a rare flip where Tether overtakes Ethereum. This shift is driven by increased demand for stablecoins like USDT during risk-off market phases and liquidity shifts, alongside accelerated Ethereum derivatives liquidations. Despite this temporary change, Ethereum remains a leading smart contract platform, but the event highlights how stablecoin supply dynamics can impact market rankings during volatile periods.
A cryptocurrency whale has converted approximately $7.5 million worth of Bitcoin into 3,038.73 Ether in a single hour using three different addresses. This transaction is part of a larger trend starting October 11, where the holder has exchanged over...
A single short position worth $8.74 million in Binance's Ether (ETH) perpetual futures was liquidated at a price of $2,497 on October 21 at 9:06 a.m. ET (13:06 UTC). This liquidation involved one position rather than multiple combined positions, high...
Ether (ETH) experienced $14.58 million in liquidations within one hour on October 21, with nearly all ($14.5 million) coming from short positions. This data, collected from Binance, Bybit, and OKX, shows a significant imbalance as short liquidations ...
Fhenix has launched its CoFHE mainnet on Ethereum and Arbitrum, introducing fully homomorphic encryption that allows smart contracts to process encrypted data without revealing sensitive information. This innovation addresses privacy concerns in dece...
Open interest in crypto derivatives has risen to $41.6 billion, driven by Bitcoin at $23.4 billion, Ethereum at $15.5 billion, and Solana at $2.7 billion amid a price recovery. This increase signals growing trader participation and higher leverage us...
