The prices of crypto market leaders Bitcoin and Ethereum typically move together. But some weeks form an exception, and this was just such a week.
Bitcoin, the No. 1 cryptocurrency in the world with a $380 billion market cap, fell another 2% over the past week and trades for around $19,860 on CoinMarketCap at the time of writing on Saturday morning.
Ethereum, the No. 2 crypto asset with a market cap of $190 billion, rose a modest 3.5% over the past week and currently trades at $1,556.
New data this week from the Ethereum Name Service (ENS) tells a more bullish story. ENS was launched five years ago by members of the Ethereum foundation to enable people to register memorable domains for their crypto wallets, instead of being limited to the unwieldy string of random numbers and letters that typically represents a blockchain address.
ENS reported its third highest month of revenue over August, with 2.17 million .ENS domain names created on the service. A fortnight ago, the service...
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