Ether's Supply Crunch: A Potential Catalyst for Ethereum's Price?

Send Timeļ¼š2024-04-19 16:00:53

The price of ether (ETH) has plummeted over 30% in the past 24 hours, with liquidations surging on Binance. According to Coinglass, the largest cryptoDogecoin, the meme-based cryptocurrency, has seen a remarkable surge in value, with its price increasing by over 6,000% in the past year. Despite ElonGOPAX, a major cryptocurrency exchange in South Korea, has announced its plans to re-enter the bitcoin trading market after a one-year hiatus. The excThe cryptocurrency market has been abuzz with activity this week, as Solana (SOL) and FTX's CRO Markets have been making headlines. While Solana has bThe cryptocurrency market is experiencing a significant downturn, with Bitcoin (BTC) plunging below $17,500. The sell-off has been fueled by a combinaVoyager Digital Ltd., a publicly-traded company that operates a cryptocurrency exchange and lending platform, has filed for bankruptcy in the United SValkyrie Investments, a crypto asset management firm backed by Peter Thiel, is facing scrutiny from the Securities and Exchange Commission (SEC) over

According to a recent report by CoinShares, the net liquidity of digital assets has seen a significant surge in recent weeks, with a total of $130 milThe price of Bitcoin (BTC) has been on an uptrend in recent days, driven by expectations of a Bitcoin exchange-traded fund (ETF). According to CoinDesThe price of stETH, a stablecoin pegged to the value of Ether (ETH), has experienced a significant decline in recent days, reaching a low of around $2Binance, the world's largest cryptocurrency exchange by volume, has made a strategic investment in Mars Finance, a Beijing-based financial technology* Ether (ETH) reaches an all-time high of $310, with a 21% increase in the past week* Grayscale adds $300 million to its Bitcoin Trust, with a total aCoinbase, a leading cryptocurrency exchange, is under investigation by the US Securities and Exchange Commission (SEC) for allegedly selling unregiste"The price of Bitcoin and Ethereum has seen significant volatility in recent days, with the DOJ's metaverse pivot exposure raising concerns among inve