• Ethereum whales stacking ETH, ‘DOGS’ memecoin causes TON outage

  • Aug 28 2024
  • Length: 8 mins
  • Podcast

Ethereum whales stacking ETH, ‘DOGS’ memecoin causes TON outage

  • Summary

  • As always, it’s been another busy 24 hours in crypto. Bitcoin may have slipped back below $60,000 as it wrestles with the range it appears to be stuck in, but some interesting data suggests that long-term Bitcoin holders are on the rise. Staying on Bitcoin: miners have been suffering from slashed block rewards since April’s halving, but they may be able to cash in on AI to help boost their profits. Elsewhere, Ethereum whales may be indicating that the bottom is in as they go on a four-day buying spree, a new memecoin clogs up TON, causing a network outage, and did Binance seize Palestinian crypto funds?
    Further reading:

    • Long-term Bitcoin holder buys hit $10B mark as price slips below $60K
    • Bet more on the Bitcoin miners cashing in on AI
    • Ethereum whales buy big as ETH bottom approaches, analysts predict
    • TON struck by outage, no new blocks produced in 3 hours
    • TON is back online after block production outage triggered by DOGS
    • Binance under scrutiny for seizing Palestinian crypto funds

    Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn.

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    The views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.

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