Hong Kong Crypto ETFs Witness Record $40 Million in Outflows

Hong Kong’s recently launched Bitcoin and Ethereum Exchange Traded Funds (ETFs) witnessed considerable outflows on Monday.

Dutch Court Sentences Tornado Cash Developer To 64 Months In Prison For Money Laundering

Alexey Pertsev, a developer of the crypto-mixing platform Tornado Cash, was found guilty of money laundering by a Dutch court and sentenced to five years and four months in jail.

Ethereum’s Post-Dencun Economics — Analysts Say Is ETH No Longer Ultrasound Money

Ethereum has entered a new regime dominated by low network revenue generated from fees after its March Dencun upgrade. But this has turned the network’s native token, ether, into an inflationary currency, according to CryptoQuant.

Ethereum’s Post-Dencun Economics — Analysts Say ETH No Longer Ultrasound Money

Ethereum has entered a new regime dominated by low network revenue generated from fees after its March Dencun upgrade. But this has turned the network’s native token, ether, into an inflationary currency, according to CryptoQuant.

Ethereum (ETH) Whales Offload Holdings as ETH Burn Rate Hits Yearly Low

Recent activity in the Ethereum (ETH) market has drawn attention to large-scale transactions by ETH whales.

Bitcoin Slides Toward $60,000 As Hong Kong’s Spot BTC And Ether ETFs Disappoint Upon Debut

This plunge comes on the back of data showing weak demand for the newly launched Hong Kong spot exchange-traded funds tied to BTC and Ethereum (ETH).

Ethereum drops below $3k as liquidations hit $320 million

Ethereum price has dropped below $3,000, hitting lows of $2,942 on Coinbase. The decline in the price of Ethereum comes as spot ETH ETFs saw a tepid debut in Hong Kong. Liquidations hit $320 across the crypto market, with over $96 million in ETH (over $78 million of it in liquidated longs).