Search Results for: Lewis Harland

“According to RRx, Ether, the cryptocurrency of the Ethereum blockchain, is trading at a 27% discount to its intrinsic value. This valuation is based on a modified Metcalfe law model, considering both Ethereum’s mainnet active users and the usership of its layer 2 scaling networks.”

“The crypto market, led by Bitcoin’s 7% plunge, experiences significant sell-off, with $1 billion liquidations. Factors include variations in market structure and increasing liquidations. Meanwhile, creditors of insolvent Celsius may expect to recover 67%-85% of their holdings. U.S regulators may soon greenlight ether futures ETFs for final approval.”