Ethereum Hits New Blob Usage Record | Without a bank Rollups pushed Ethereum blob usage to an ATH this week, with the highest demand ever seen. Ethereum ecosystem blob usage just reached a new absolute recordwith a current 3D moving average of 5.9 blobs per block and a daily average of 6.7, according to data … Read more
Bitcoin (BTC) is up about 26% from its mid-August low after a short-term liquidation event accelerated the rebound. Glassnode said the August 19 move resulted in the largest single-day liquidation event since 2019. Short positions accounted for for most liquidations in major centralized exchanges. The actual total was likely higher because the dataset excludes Hyperliquide. … Read more
Cointelegraph is committed to providing high-quality, independent journalism in the crypto, blockchain, AI and fintech industries. All news, reviews and analysis are produced with complete journalistic independence and integrity. For more details on our standards and processes, please read our editorial policy.
After attracting nearly $1 billion over seven trading sessions, U.S.-listed spot Bitcoin ETFs recorded their first daily net outflow since July 13. U.S.-listed Bitcoin exchange-traded funds (ETFs) ended a seven-session inflow streak on Thursday, marking their first day of net outflows since July 13. Spot Bitcoin ETFs saw $225.2 million in net outflows on Thursday, … Read more