Ethereum's 24hr Liquidations at $140M Exceed Bitcoin's, Amidst Fears of stETH Depegging

Ethereum's 24-hour liquidations at $140 million have topped the list exceeding Bitcoin's. Ethereum has been hit by a sell-off that has seen the value of ETH drop to as low as $1,473.

Timeline of Ethereum

Ethereum lost 20% of its value in the last three days and has performed much worse than Bitcoin. Speculations about the Celsius network liquidity crisis have intensified the panic sell.

Ethereum dropped to $1,462 in the early trading hours of today to reach its lowest point since January 2021, presenting yet another sign of a bear market. The post Ethereum Drops Below $1500, Lowest Since January 2021 appeared first on BeInCrypto.

Key takeaways: Yuga Labs and Bored Ape Yacht Club Co-founder has warned that there may soon be an attack on the projects' social media accounts. He cites credible information, including a possible attack from an inside source at Twitter to bypass security.

Hundreds of thousands of crypto traders are getting their positions liquidated as Ethereum (ETH) and the rest of the digital asset markets witness another large sell-off event. Data from cryptocurrency futures trading and information site Coinglass shows that more than $521 million worth of crypto positions have been obliterated in the last 24 hours. Traders The post Over $521,000,000 in Crypto Liquidated in Just 24 Hours As Ethereum (ETH) Plummets to 14-Month Low appeared first on The Daily Hodl.

Former hedge fund manager, investment guru and CEO of Real Vision, Raoul Pal, carries a lot of weight in the crypto world. What he doesn't know about macroeconomics probably isn't worth knowing, and when he talking about his predictions for certain coins (and the scene as a whole) people sit up and listen.

Ethereum's developers announce another delay of the "difficulty bomb," a section of the consensus algorithm that eventually makes it impossible to mine Ethereum. The post Ethereum Core Developers Announce Further Delay of ‘Difficulty Bomb' appeared first on BeInCrypto.

Lido Staked Ethereum (stETH), a DeFi Ethereum derivative, has significantly diverged in the last 48 hours. The coin, which is intended to be pegged to ETH 1:1, is currently trading at $1,473 and has dropped by 7% in the last 24 hours. ETH, on the other hand, is currently trading at $1,536. Since late Thursday, …

Ethereum (CRYPTO: ETH) plunged 9% to the $1,500 mark on Saturday, marking a new 52-week low of $1507.04 at the time of publication. Bitcoin was holding stronger in comparison, falling about 2%, but the retail-popular crypto Dogecoin (CRYPTO: DOGE) was following Ethereum, trading down by about the same percentage.

Despite attempting to break above the $1,820 resistance zone, ETH price did not find an upside continuation. It stayed below the $1,850 resistance area where the price fell after it formed a high near $1,831 and broke below the support…

Ethereum- the second-largest cryptocurrency in the world- has a highly anticipated merger which is expected to happen between the time frame of August and November. Ethereum's developer, Tim Beiko, had a conversation with Ben Edgington regarding ETH's merge date and how to execute it as soon as possible. Beiko replied to Edgington immediately, saying that …