Monarq Asset Management CIO Sam Gaer expects Ethereum (ETH) to surpass $5,000 following U.S. Federal Reserve Chair Jerome Powell’s dovish remarks at the Jackson Hole symposium, which bolstered expecta...

Monarq Asset Management CIO Sam Gaer expects Ethereum (ETH) to surpass $5,000 following U.S. Federal Reserve Chair Jerome Powell’s dovish remarks at the Jackson Hole symposium, which bolstered expectations for a September rate cut. Gaer said Bitcoin (BTC) and ETH are poised for new highs without signs of overheating, supported by strong institutional inflows and options market signals favoring ETH.

Monarq CIO sees ETH poised to break $5K as Powell’s dovish shift fuels crypto rally

Nemo Protocol, a DeFi project on the Sui ecosystem, fell victim to a serious attack, causing an estimated loss of 2.4 million USDC. All of the project's smart contracts were immediately...

Sui Nemo DeFi Project Hacked, Loss of $2.4 Million

According to Tokenomist, large single unlocks (greater than $5 million USD) in the next 7 days include APT, S, CONX, STRK, BANANA, IO, BB, MOVE, PEAQ, etc.; large linear unlocks (greater than $1 million USD per day) in the next 7 days include SOL, WLD, TIA, DOGE, TAO, AVAX, SUI, DOT, IP, MORPHO, ETHFI, JTO, NEAR, etc., with a total unlocked value of over $513 million.

Large amount of token unlocked this week

Ethereum stablecoin supply surged to $165 billion, and the price of ETH approached $5,000, but monthly revenue plummeted 44%. Adoption and […]
"Will Ethereum's 'fundamentals collapse' soon lead to a plunge? Stablecoin supply exceeds $165 billion, but network revenue drops another 44%." This article was BlockTempo published on BlockTempo, the most influential ABMedia media.