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Ethereum Supply Deflationary as 66,000 ETH Burned in 2023

According to market intelligence platform IntoTheBlock, Ethereum's supply has decreased by 66,000 ETH in 2023 due to the transition to proof-of-stake (PoS) consensus. The new mechanism involves burning a fraction of ETH transaction fees, making Ethereum a deflationary currency. This news is significant for crypto...

Options Signal Ether Strength for First Time in 6 Months

Some traders are buying large amounts of call options, one market observer said. At this point, some traders are buying large amounts of call options (usually expiring within a week) and buying the underlying in the spot market," Griffin Ardern, volatility trader from crypto...