What’s Going on With Ethereum? 🥺

Explore the latest industry news, insightful data, and exciting updates from CoinMarketCap. ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌       [CoinMarketCap Logo](~/AAQRxQA~/RgRoy-axP0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPTM1cHRqODg3b2I2YVcDc3BjQgpm4bFh6WZ8ZBECUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) Data as of: 17 Sep 2024 11:00 UTC The finance world holds its breath as the Fed's rate cut decision looms. Crypto's not looking too hot right now. Bitcoin's been on a wild ride, taking a dip to $57.5K before clawing its way back above $58.8K. And Ethereum? Let's just say it's not exactly living its best life either. But we're not here to wallow in crypto-misery. We're here to serve today's top crypto news. Here's the TLDR for those of you with crypto-attention spans: - Warren calls for a 75-point rate cut, that could benefit crypto big time. [Translation](~/AAQRxQA~/RgRoy-axP0SCaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvY3J5cHRvLWNyaXRpYy1zZW5hdG9yLXdhcnJlbi1jYWxscy1mb3ItNzUtYmFzaXMtcG9pbnQtaW50ZXJlc3QtcmF0ZS1jdXQ_bGlkPXYzNTNmZzNkYnF3NFcDc3BjQgpm4bFh6WZ8ZBECUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)? 🤔 - Bitcoin dips below $58K pre-Fed decision. Are the whales [dumping](~/AAQRxQA~/RgRoy-axP0SLaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbi1kaXBzLWJlbG93LWRvbGxhcjU4MDAwLWFzLWNyeXB0by1tYXJrZXQtYnJhY2VzLWZvci1mZWQtcmF0ZS1jdXQtZGVjaXNpb24_bGlkPXB1YXB3bW0wM285NVcDc3BjQgpm4bFh6WZ8ZBECUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~), or is this just a bear trap? 📉 - Ethereum hits a 42-month low against Bitcoin. [Why](~/AAQRxQA~/RgRoy-axP0SEaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZXRoZXJldW0tZXRoLXVuZGVycGVyZm9ybXMtYWdhaW5zdC1iaXRjb2luLWFzLWV0aGJ0Yy1yZWFjaGVzLTQyLW1vbnRoLWxvdz9saWQ9c3M4YXZhczMwN25yVwNzcGNCCmbhsWHpZnxkEQJSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) is Ethereum so bearish all of a sudden? 🤨 - DeFi yields might be making a comeback. [What’s](~/AAQRxQA~/RgRoy-axP0RzaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZGVmaS15aWVsZHMtc2V0LWZvci1jb21lYmFjay1hbWlkLXBvdGVudGlhbC11cy1yYXRlLWN1dHM_bGlkPThiaDdsZTIzcGx3Z1cDc3BjQgpm4bFh6WZ8ZBECUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) going on? 💰 - Delta Prime gets hacked for $6 million. But could this have been [prevented](~/AAQRxQA~/RgRoy-axP0R5aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvY3J5cHRvLXBsYXRmb3JtLWRlbHRhLXByaW1lLWxvc2VzLWRvbGxhcjZtLWluLWxhdGVzdC1kZWZpLWhhY2s_bGlkPXRsMDQ1c2x3cjN4NFcDc3BjQgpm4bFh6WZ8ZBECUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)? 🚨 Let’s dive in after the market overview! MARKET OVERVIEW GLOBAL MARKET CAP $2.06T ▲0.69% (24h) 24H MARKET VOLUME $60.35B ▼3.12% (24h) BITCOIN’S DOMINANCE 56.89% ▲0.16% (24h) FEAR & GREED INDEX 34 Fear [Bitcoin] Bitcoin $59,248.37 ▲0.98% (24h) [Ethereum] Ethereum $2,317.68 ▲0.62% (24h) [BNB] BNB $542.65 ▼0.83% (24h) [ALL CRYPTO PRICES/DATA »](~/AAQRxQA~/RgRoy-axP0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPTQ3Y2psNDg2aDVrY1cDc3BjQgpm4bFh6WZ8ZBECUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [TRENDING CRYPTO »](~/AAQRxQA~/RgRoy-axP0RFaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS90cmVuZGluZy1jcnlwdG9jdXJyZW5jaWVzLz9saWQ9eHhjZmN0eW1pOXo5VwNzcGNCCmbhsWHpZnxkEQJSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) [NEW LISTINGS ON CMC »](~/AAQRxQA~/RgRoy-axP0QvaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9uZXcvP2xpZD0ybnZlcGVkaHdicHRXA3NwY0IKZuGxYelmfGQRAlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [TRENDING DEX PAIRS »](~/AAQRxQA~/RgRoy-axP0RAaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9kZXhzY2FuL3RyZW5kaW5nL2FsbC8_bGlkPWFuc3FzZGFucHI4dFcDc3BjQgpm4bFh6WZ8ZBECUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) TOP GAINERS 24H% [TOAD] [TOAD](~/AAQRxQA~/RgRoy-axP0QwaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3RvYWQtdG9rZW4vVwNzcGNCCmbhsWHpZnxkEQJSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▲1607.48% [Wegie] [Wegie](~/AAQRxQA~/RgRoy-axP0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3dlZ2llL1cDc3BjQgpm4bFh6WZ8ZBECUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▲1119.29% [DOGO] [DOGO](~/AAQRxQA~/RgRoy-axP0QqaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2RvZ28vVwNzcGNCCmbhsWHpZnxkEQJSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▲754.14% TOP LOSERS 24H% [Department Of Government Efficiency (doge.ong)] [Department Of Government Efficiency (doge.ong)](~/AAQRxQA~/RgRoy-axP0RNaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2RlcGFydG1lbnQtb2YtZ292ZXJubWVudC1lZmZpY2llbmN5LWV0aC9XA3NwY0IKZuGxYelmfGQRAlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) ▼98.84% [CATX] [CATX](~/AAQRxQA~/RgRoy-axP0QqaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2NhdHgvVwNzcGNCCmbhsWHpZnxkEQJSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▼94.31% [World Liberty Financial] [World Liberty Financial](~/AAQRxQA~/RgRoy-axP0RDaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3dvcmxkLWxpYmVydHktZmluYW5jaWFsLXRva2VuL1cDc3BjQgpm4bFh6WZ8ZBECUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▼91.91%   Things Are Looking Up for Crypto Elizabeth Warren, the same person who once called crypto developers "shadowy super-coders," is pushing for a rate cut that could send digital assets to the moon. Warren, along with her Democratic pals John Hickenlooper and Sheldon Whitehouse, is calling for a 75-basis-point cut. Most traders are expecting a modest 25 to 50-point reduction, so Warren's proposal is like showing up to a knife fight with a bazooka. Their reasoning? The job market's looking a bit peaky, and unemployment's ticking up. But why is it important? Read the [full story](~/AAQRxQA~/RgRoy-axP0SCaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvY3J5cHRvLWNyaXRpYy1zZW5hdG9yLXdhcnJlbi1jYWxscy1mb3ItNzUtYmFzaXMtcG9pbnQtaW50ZXJlc3QtcmF0ZS1jdXQ_bGlkPTRlNTNiczYwbzVvYlcDc3BjQgpm4bFh6WZ8ZBECUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)!   Bitcoin's Pre-Fed Issues Bitcoin's taking a bit of a tumble, dipping below $58,000 after a cozy weekend above $60K. The whole crypto community’s on edge, waiting for the Fed to make its move. We're talking about the first rate cut in four years - that's big news in any financial circle. Ethereum and BNB are feeling the heat too, with ETH sliding to $2,270 and BNB taking a 3.4% hit. But it's not all doom and gloom. Those U.S. Bitcoin spot ETFs? They're raking in the dough, with over $436 million in net inflows last week. If institutions are investing such huge amounts in Bitcoin, why is it tanking then? Read the [full story](~/AAQRxQA~/RgRoy-axP0SLaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbi1kaXBzLWJlbG93LWRvbGxhcjU4MDAwLWFzLWNyeXB0by1tYXJrZXQtYnJhY2VzLWZvci1mZWQtcmF0ZS1jdXQtZGVjaXNpb24_bGlkPWQxN2VtYzJ1eDVhblcDc3BjQgpm4bFh6WZ8ZBECUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)!   Decoding Kamala Harris and the Democrats’ Crypto Stance [Decoding Kamala Harris and the Democrats’ Crypto Stance](~/AAQRxQA~/RgRoy-axP0RxaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZGVjb2Rpbmcta2FtYWxhLWhhcnJpcy1hbmQtdGhlLWRlbW9jcmF0cy1jcnlwdG8tc3RhbmNlP2xpZD00cWc2OHVsZXQyZTNXA3NwY0IKZuGxYelmfGQRAlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) Despite going head-to-head with Trump in the first debate, Harris and the democrat's crypto policies still remain largely undefined. [Read More](~/AAQRxQA~/RgRoy-axP0RxaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZGVjb2Rpbmcta2FtYWxhLWhhcnJpcy1hbmQtdGhlLWRlbW9jcmF0cy1jcnlwdG8tc3RhbmNlP2xpZD1hbWs4c2picXFtdDVXA3NwY0IKZuGxYelmfGQRAlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)   Is ETH Losing Its Mojo? Ethereum's having a rough time in Bitcoin's shadow lately. We're talking a 42-month low against Bitcoin, something we haven't seen since the good old days of April 2021. Alex Thorn from Galaxy's pointing out that the ETH/BTC ratio has dipped below 0.03. That's a 53% drop since Ethereum went all proof-of-stake in September 2022. Some are really doom and gloom about it. Fred Krueger is calling ETH "on the edge of collapse" against Bitcoin. So what's behind this ETH slump? Read the [full story](~/AAQRxQA~/RgRoy-axP0SEaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZXRoZXJldW0tZXRoLXVuZGVycGVyZm9ybXMtYWdhaW5zdC1iaXRjb2luLWFzLWV0aGJ0Yy1yZWFjaGVzLTQyLW1vbnRoLWxvdz9saWQ9YWpxb3Nsazh6amk0VwNzcGNCCmbhsWHpZnxkEQJSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)!   DeFi's Comeback Tour Bernstein's analysts are saying DeFi yields could be making a grand comeback, and it's all thanks to the Fed potentially cutting rates. Here's the scoop: If the Fed drops rates by 25 or 50 basis points on Wednesday, it could be like hitting the nitro button on crypto credit markets. We're talking about a potential DeFi and Ethereum revival. The signs are there. Stablecoin supply has hit a hefty $178 billion, and we've got about 30 million monthly active wallets in the game. It's like the crypto world's been quietly gearing up for a big show. Translation? Read the [full story](~/AAQRxQA~/RgRoy-axP0RzaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZGVmaS15aWVsZHMtc2V0LWZvci1jb21lYmFjay1hbWlkLXBvdGVudGlhbC11cy1yYXRlLWN1dHM_bGlkPWp3cnpnbHQycnYxYlcDc3BjQgpm4bFh6WZ8ZBECUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)!   CMC NARRATIVE: MEME COIN Presidential debate lights a fire under political meme tokens. Meme coin market cap climbs to $39B, forgetting it was supposed to be in a bear market. Neiro Ethereum (NEIRO) pulls in +382% weekly gain. Sun Pump memes like SUNDOG continue to shine...[Continue Reading.](~/AAQRxQA~/RgRoy-axP0R8aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdGhpcy13ZWVrLWluLW1lbWUtY29pbnMtcHJlc2lkZW50aWFsLWRlYmF0ZS1zcGFya3MtcG9saXRpZmktc3VyZ2U_bGlkPTUyanAwdDk4M2k2bFcDc3BjQgpm4bFh6WZ8ZBECUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [CMC NARRATIVE: MEME COIN](~/AAQRxQA~/RgRoy-axP0R8aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdGhpcy13ZWVrLWluLW1lbWUtY29pbnMtcHJlc2lkZW50aWFsLWRlYmF0ZS1zcGFya3MtcG9saXRpZmktc3VyZ2U_bGlkPXJ1Znh1dzRuczRvaVcDc3BjQgpm4bFh6WZ8ZBECUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)   Track the whole meme coin narrative with CMC: [Track Narrative](~/AAQRxQA~/RgRoy-axP0Q1aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS92aWV3L21lbWVzP2xpZD12Yjc0a3kwbW80bDdXA3NwY0IKZuGxYelmfGQRAlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)   Another Day, Another DeFi Hack And… We've got another entry in the "crypto got hacked" journal. This time, it's Delta Prime in the hot seat, with $6 million getting disappeared. The hackers pulled off quite the magic trick on September 16th, somehow snagging control of Delta Prime's admin wallet. Meir Dolev from Cyvers is pointing fingers at a private key vulnerability. In layman's terms? Someone left the digital equivalent of a house key under the welcome mat. But why didn’t they pause withdrawals on the platform when this hack launched? Read the [full story](~/AAQRxQA~/RgRoy-axP0R5aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvY3J5cHRvLXBsYXRmb3JtLWRlbHRhLXByaW1lLWxvc2VzLWRvbGxhcjZtLWluLWxhdGVzdC1kZWZpLWhhY2s_bGlkPWV4a3p3dHR2ZGhzZVcDc3BjQgpm4bFh6WZ8ZBECUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)!   And that's it for today. See you tomorrow!   [Apple Store](~/AAQRxQA~/RgRoy-axP0Q6aHR0cHM6Ly9hcHBzLmFwcGxlLmNvbS9hcHAvY29pbm1hcmtldGNhcC9pZDEyODIxMDcwOTg_bHM9MVcDc3BjQgpm4bFh6WZ8ZBECUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [Google Play](~/AAQRxQA~/RgRoy-axP0RQaHR0cHM6Ly9wbGF5Lmdvb2dsZS5jb20vc3RvcmUvYXBwcy9kZXRhaWxzP2lkPWNvbS5jb2lubWFya2V0Y2FwLmFuZHJvaWQmaGw9ZW5fVVNXA3NwY0IKZuGxYelmfGQRAlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [Twitter](~/AAQRxQA~/RgRoy-axP0QyaHR0cHM6Ly90d2l0dGVyLmNvbS9Db2luTWFya2V0Q2FwP2xpZD01Mmpxc2FtMHFsNTVXA3NwY0IKZuGxYelmfGQRAlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [Telegram](~/AAQRxQA~/RgRoy-axP0QraHR0cHM6Ly90Lm1lL0NvaW5NYXJrZXRDYXA_bGlkPXN2Z3R4ZGNiODd1c1cDc3BjQgpm4bFh6WZ8ZBECUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [Facebook](~/AAQRxQA~/RgRoy-axP0Q3aHR0cHM6Ly93d3cuZmFjZWJvb2suY29tL0NvaW5NYXJrZXRDYXA_bGlkPXB0dGFreGV4OGtieFcDc3BjQgpm4bFh6WZ8ZBECUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [Instagram](~/AAQRxQA~/RgRoy-axP0Q5aHR0cHM6Ly93d3cuaW5zdGFncmFtLmNvbS9jb2lubWFya2V0Y2FwLz9saWQ9bTgxdWlkZmt0dm52VwNzcGNCCmbhsWHpZnxkEQJSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) [LinkedIn](~/AAQRxQA~/RgRoy-axP0RAaHR0cHM6Ly93d3cubGlua2VkaW4uY29tL2NvbXBhbnkvY29pbm1hcmtldGNhcC8_bGlkPXpxYjlyaGI1OHRralcDc3BjQgpm4bFh6WZ8ZBECUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) DISCLAIMER: Please be aware that CoinMarketCap is NOT a cryptocurrency exchange and does NOT facilitate the buying, selling, withdrawal or trading of crypto/token assets. 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