Ethereum

Ethereum, Ton & Bitcoin — Asian Wrap May 7

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7 months ago

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Ethereum (ETH) price movement on Monday is leaning toward short traders following investor uncertainty in the broader crypto market. However, Ethereum in Centralized Exchanges (CEX) is in a steady decline following a delay in Invesco’s ETH ETF spot application and Robinhood Crypto’s receipt of a Wells Notice from the Securities & Exchange Commission (SEC).

In a recent development, the TON Network on Monday surpassed $200 million in total value locked (TVL) after seeing a major increase thanks to the Open League rewards program.

Bitcoin (BTC) price failed to show the same strength as over the weekend, stuck in the $63,000 range on Monday. Meanwhile, MicroStrategy has risen to the top of the list of BTC owners among public companies and countries around the world.

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