Network, futures and user data all point toward Ether potentially charting a new course. Ether’s price has been dealing with some strong headwinds, and on Sept. 11, the price of the altcoin endured a critical test when it plunged to the $1,530 support level. In the days that followed, Ether managed to stage an impressive recovery…

Holešky testnet had a 1.6 billion ETH supply at launch, making it potentially more accessible than the older Goerli network. Ethereum developers launched a new testnet on Sept. 15. Called “Holešky,” the network is expected to be used for staking, infrastructure and protocol development, according to its developer documents. Sepolia will remain the dominant network for application…

MakerDAO’s Rune Christensen says appropriate regulation will see stablecoins become mainstream, but the real opportunity is in decentralized stablecoins. Decentralized stablecoins may eventually dominate the stablecoin market, so long as crypto “ends up living up to its potential,” says Rune Christensen, the co-founder of DeFi pioneer MakerDAO. Speaking to Cointelegraph’s Andrew Fenton at Token 2049…

Crypto’s liquidity crunch could allow event-based volatility to have a greater impact on prices, according to a recent analysis from Bitfinex. Capital outflows in the crypto industry reached $55 billion in August, according to a report released by crypto exchange Bitfinex. The analysis is based on the aggregate realized value metric, which measures the realized capital of…

Analysts at market intelligence platform Santiment suggest that the Ether market may experience increased volatility, potentially leading to a recovery. Through an examination of Ether’s on-chain activity, market intelligence platform Santiment has published a report indicating that the count of daily active Ether addresses experienced a notable increase, reaching around 1,089,893 on Sept. 13. This recent upsurge represents…

The bank messaging network has seen a dramatic increase in processing speed and is developing technology to connect CBDCs. Three central banks have joined the beta phase of bank messaging platform SWIFT’s central bank digital currency (CBDC) interoperability project, the company announced Sept. 13. It has also entered a new phase of sandbox testing, it…