September births 68 more ETH whales

						Array
(
    [conclusion] => Array
        (
            [0] => 
        )

    [post_sponsor_aff_link] => Array
        (
            [0] => 
        )

    [casino_url] => Array
        (
            [0] => 
        )

    [casino_street_address] => Array
        (
            [0] => 
        )

    [casino_post_code] => Array
        (
            [0] => 
        )

    [year_founded] => Array
        (
            [0] => 
        )

    [withdrawal_limit] => Array
        (
            [0] => 
        )

    [reviewrating] => Array
        (
            [0] => 
        )

    [bestrating] => Array
        (
            [0] => 
        )

    [cgn_score] => Array
        (
            [0] => 
        )

    [casino_key_feature_1] => Array
        (
            [0] => 
        )

    [casino_key_feature_2] => Array
        (
            [0] => 
        )

    [casino_key_feature_3] => Array
        (
            [0] => 
        )

    [bonus_text_top] => Array
        (
            [0] => 
        )

    [bonus_text_bottom] => Array
        (
            [0] => 
        )

    [casino_review_reference] => Array
        (
            [0] => 
        )

    [_wp_page_template] => Array
        (
            [0] => default
        )

    [_thumbnail_id] => Array
        (
            [0] => 14964
        )

    [ppma_authors_name] => Array
        (
            [0] => David
        )

)

Updated September 21, 2022 | Published September 7, 2020

2 mins read

You know how they say whales are disappearing due to climate change? Well, this change in the pricing of Ethereum has empowered more users to scoop up a bigger share of the pie, quite the opposite fortune.

Analytics website Santiment has revealed that the number of investors holding between 1,000 and 10,000 ETH has grown by 68 in just the first three days of September. This coincided with a price drop in the value of Ethereum, and so monetarily they aren’t better off, but they will be if a price rise is seen again.

It’s normal to see more people joining Ethereum, experts have noted. The decentralised finance market revolution has pushed up interest in Ethereum significantly. So much so, that to date, Ethereum remains the second-largest cryptocurrency in terms of pure market capitalisation.

Ethereum is estimated to be worth $39.7 billion and Tether (USDT) is next with $14.1 billion. Tether is also a currency that pegs its value to the US dollar and has been able to introduce a lot of stability insofar as price volatility is concerned.

Ethereum is also used in the best Ethereum casinos, including leading brands as Bitcasino.io, FortuneJack, and 1xBit. Having more whales, though, may not be too good for the supply, as rank-and-file stakeholders might feel pressured by so many big fishes trying to secure even bigger share of the market.

So far the Ethereum ecosystem is holding up well although the transition to Ethereum 2.0 has come with a broader discussion about the safety of the network.

Looking for your next crypto casino? Check out: Bitcasino or FortuneJack.

Written by David

Co-founder

David is co-founder of CryptoGamblingNews.com, and has worked in the crypto gambling space since 2015.
Best Casinos to play with…
Bitcoin
1
PLAY NOW
2
PLAY NOW
3
PLAY NOW
4
PLAY NOW
5
PLAY NOW
1
PLAY NOW
2
PLAY NOW
3
PLAY NOW
4
PLAY NOW
5
PLAY NOW
1
PLAY NOW
2
PLAY NOW
3
PLAY NOW
4
PLAY NOW
5
PLAY NOW
THE LEDGER: Biden goes after crypto mining, while Coinbase has a loan moan
The Ledger: ChatGPT forecasts BTC will hit $120k, Coinbase hears London calling

Similar News

Bitcoin 
								Array
(
    [0] => WP_Term Object
        (
            [term_id] => 138
            [name] => Bitcoin
            [slug] => bitcoin
            [term_group] => 0
            [term_taxonomy_id] => 138
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 138
            [filter] => raw
        )

    [1] => WP_Term Object
        (
            [term_id] => 5300
            [name] => crypto assets
            [slug] => crypto-assets
            [term_group] => 0
            [term_taxonomy_id] => 5300
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 18
            [filter] => raw
        )

    [2] => WP_Term Object
        (
            [term_id] => 6820
            [name] => Financial Conduct Authority
            [slug] => financial-conduct-authority
            [term_group] => 0
            [term_taxonomy_id] => 6820
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 11
            [filter] => raw
        )

    [3] => WP_Term Object
        (
            [term_id] => 8754
            [name] => marketing
            [slug] => marketing
            [term_group] => 0
            [term_taxonomy_id] => 8754
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 1
            [filter] => raw
        )

    [4] => WP_Term Object
        (
            [term_id] => 8676
            [name] => Markets in Crypto Assets
            [slug] => markets-in-crypto-assets
            [term_group] => 0
            [term_taxonomy_id] => 8676
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 2
            [filter] => raw
        )

    [5] => WP_Term Object
        (
            [term_id] => 8753
            [name] => UK regulation
            [slug] => uk-regulation
            [term_group] => 0
            [term_taxonomy_id] => 8753
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 1
            [filter] => raw
        )

)

FCA launches new crypto asset marketing rules

08/06/2023|09:59

UK marketers of crypto assets will need give first-time investing consumers a cooling-off period from 8 October 2023, under new...
Binance 
								Array
(
    [0] => WP_Term Object
        (
            [term_id] => 197
            [name] => Binance
            [slug] => binance
            [term_group] => 0
            [term_taxonomy_id] => 197
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 180
            [filter] => raw
        )

    [1] => WP_Term Object
        (
            [term_id] => 5101
            [name] => Brian Armstrong
            [slug] => brian-armstrong
            [term_group] => 0
            [term_taxonomy_id] => 5101
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 19
            [filter] => raw
        )

    [2] => WP_Term Object
        (
            [term_id] => 3162
            [name] => coinbase
            [slug] => coinbase
            [term_group] => 0
            [term_taxonomy_id] => 3162
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 193
            [filter] => raw
        )

    [3] => WP_Term Object
        (
            [term_id] => 6546
            [name] => Cryptocurrency exchange
            [slug] => cryptocurrency-exchange
            [term_group] => 0
            [term_taxonomy_id] => 6546
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 10
            [filter] => raw
        )

    [4] => WP_Term Object
        (
            [term_id] => 8639
            [name] => Cryptocurrency regulation
            [slug] => cryptocurrency-regulation
            [term_group] => 0
            [term_taxonomy_id] => 8639
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 6
            [filter] => raw
        )

    [5] => WP_Term Object
        (
            [term_id] => 8752
            [name] => unregistered exchange
            [slug] => unregistered-exchange
            [term_group] => 0
            [term_taxonomy_id] => 8752
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 1
            [filter] => raw
        )

    [6] => WP_Term Object
        (
            [term_id] => 4981
            [name] => US Securities and Exchange Commission
            [slug] => us-securities-and-exchange-commission
            [term_group] => 0
            [term_taxonomy_id] => 4981
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 135
            [filter] => raw
        )

    [7] => WP_Term Object
        (
            [term_id] => 8751
            [name] => Wells Notice
            [slug] => wells-notice
            [term_group] => 0
            [term_taxonomy_id] => 8751
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 1
            [filter] => raw
        )

)

SEC targets Coinbase for alleged regulatory non-compliance

08/06/2023|01:24

Coinbase, the largest cryptocurrency trading platform in the US, is facing a lawsuit from the Securities and Exchange Commission (SEC)...
Binance 
								Array
(
    [0] => WP_Term Object
        (
            [term_id] => 197
            [name] => Binance
            [slug] => binance
            [term_group] => 0
            [term_taxonomy_id] => 197
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 180
            [filter] => raw
        )

    [1] => WP_Term Object
        (
            [term_id] => 4738
            [name] => Binance Coin
            [slug] => binance-coin
            [term_group] => 0
            [term_taxonomy_id] => 4738
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 6
            [filter] => raw
        )

    [2] => WP_Term Object
        (
            [term_id] => 6526
            [name] => Binance US
            [slug] => binance-us
            [term_group] => 0
            [term_taxonomy_id] => 6526
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 4
            [filter] => raw
        )

    [3] => WP_Term Object
        (
            [term_id] => 5164
            [name] => Changpeng Zhao
            [slug] => changpeng-zhao
            [term_group] => 0
            [term_taxonomy_id] => 5164
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 40
            [filter] => raw
        )

    [4] => WP_Term Object
        (
            [term_id] => 4058
            [name] => matic
            [slug] => matic
            [term_group] => 0
            [term_taxonomy_id] => 4058
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 3
            [filter] => raw
        )

    [5] => WP_Term Object
        (
            [term_id] => 7068
            [name] => Securities and Futures Commission
            [slug] => securities-and-futures-commission
            [term_group] => 0
            [term_taxonomy_id] => 7068
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 2
            [filter] => raw
        )

    [6] => WP_Term Object
        (
            [term_id] => 5883
            [name] => stable coin
            [slug] => stable-coin
            [term_group] => 0
            [term_taxonomy_id] => 5883
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 6
            [filter] => raw
        )

)

SEC sues Binance, CEO over alleged securities violations

08/06/2023|00:50

The US Securities and Exchange Commission (SEC) has filed a lawsuit against cryptocurrency exchange Binance and its CEO Changpeng Zhao,...