Previous close | 2,161,651.80 |
Open | 2,161,651.80 |
Day's range | 2,113,034.50 - 2,172,817.80 |
52-week range | 1,463,460.88 - 2,795,371.50 |
Start date | 2015-08-07 |
Algorithm | N/A |
Market cap | 256.173T |
Circulating supply | 120.23M |
Max supply | N/A |
Volume | |
Volume (24 hrs) | 7.96T |
Volume (24 hrs) all currencies | 7.96T |
Explosive Ethereum growth is on the way, with layer 2s like Arbitrum, Optimism and now Base paving the way, Michael Nadeau of The DeFi Report writes.
The recent decline in the ETH/BTC ratio continues a trend that began more than a year ago.
Decentralized crypto exchanges are seeing a rampant surge in "wash trading" activity — a form of market manipulation via artificial transactions on both mainstream and meme tokens — amounting to a minimum of $2 billion in overvalued assets being traded or in circulation. Solidus Labs Co-Founder and Chief Experience Office (CXO) Chen Arad explains the crypto firm's latest report verifying wash trade volumes and how to best identify fraud across liquidity pools. "Often times, wash trading is often used ultimately to inflate volumes and give the appearance of additional trading, more trading that actually happened," Arad says. "It's a good way for scammers or for people who often circulate malicious crypto tokens to create the appearance of activity, to drive prices up in a way that is unfair." Arad also notes which crypto assets are being used to facilitate wash trading behaviors.