According to Cointelegraph, Castle Island Ventures partner Nic Carter said that Ethereum’s declining investment appeal is due to L2 networks absorbing value from the main network and the community’s lack of opposition to excessive token creation. Carter said in an X post on March 28 that Ethereum is “buried by its own token.”
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According to Jinshi Data, futures data showed that traders believe there is a 62.1% chance that the Fed will resume cutting interest rates at its June meeting. Before the Fed made its decision, the probability was 57%.
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Bitcoin Holders Move $1.7 Billion During Bitcoin Drop Die-hard Bitcoin (BTC) holders added $1.7 billion worth of Bitcoin to “accumulation” wallet addresses in a single day, a new all-time high, as the price of Bitcoin fell below $63,000 earlier this week.
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