Ether

The Kansas City Federal Reserve's annual Jackson Hole Symposium is underway, and Powell will deliver his keynote address Friday morning.

Don't ready too much into the move, said one observer, calling it a typical position reset.

The total value locked in DeFi protocols has slumped to the lowest level since February 2021 even as ETH, which underpins the market, has soared this year.

Future cap increases will need to be approved by EigenLayer's multisignatory governance system.
Wednesday’s Federal Reserve likely decision to raise the interest rate 25 basis points appears to be priced into crypto markets

PLUS: BTC's positive vibes may be waning as outflows from BTC investment products rose for the first time in weeks. But mining is in a better state than it was a year ago.

The U.S. central bank has been telegraphing its intent to renew rate hikes for weeks. ThePersonal Consumption Expenditures report arrives Friday, but cryptos and other risk-on assets have been largely immune to macro events.

The CEO of the Dubai-based exchange sees jurisdictions competing for crypto business in a post-FTX world. PLUS: Bitcoin holds near $30,000 amid investor cautiousness.
BTC could suffer its second monthly downturn of 2023, while ether seems headed for its first losing month.

The decline reflects an asset that has been stuck in a tight trading range. PLUS: Bitcoin plods below $30K amid another sluggish day for cryptos in which LINK was a rare bright spot.
- 04:05Continue Capital Crossed 1.5 Million UNI to Unichain Half an Hour Ago, Worth 8.12 Million USDOdaily: According to on-chain analyst @ai_9684xtpa monitoring, crypto venture firm Continue Capital crossed 1.5 million UNI (approximately 8.12 million USD) to Unichain half an hour ago. Data shows that the firm is a significant participant in the Uniswap ecosystem, with a total address holding of 942 million USD, of which about 162 million USD in tokens is providing liquidity in Uniswap V4, and approximately 119 million USD is participating in liquidity incentive activities on Unichain.
- 03:52ai16z Breaks $0.3, Up 24.70% in 24 HoursAccording to Jinse, market data shows that due to its listing on a South Korean exchange, ai16z has broken $0.3 and is currently at $0.3014, with a 24-hour increase of 24.70%.
- 03:48A whale deposited 13.94 million ENA, approximately $4.66 million, into a CEX 5 hours agoAccording to Jinse, monitored by Spot On Chain, a whale deposited 13.94 million ENA, valued at approximately $4.66 million, into a CEX 5 hours ago. These tokens were released from the Ethena Labs contract 3 days prior.