Ethereum has rebounded from its multi-year uptrend support level to trade above $2,650, with technical analysis suggesting potential moves toward the $4,000 resistance level based on historical price patterns and market structure.
LTC, ADA, and SUI are the top gainers from the larger-cap alts.
Grayscale and NYSE Arca have filed for the first US Cardano ETF, which would hold ADA tokens in cold storage through Coinbase Custody and allow traditional investors regulated exposure to the cryptocurrency.
Ethereum's recent price decline suggests a potential rebound, with technical indicators hinting at oversold conditions. Ethereum's (ETH) price has dropped to levels that usually signal it might be ready for a rebound, blockchain firm Matrixport says.
Bitcoin's price has stabilized near $97,000 while experiencing its largest exchange outflow since 2022, with a 3% reduction in exchange supply as institutional investors move assets to long-term storage solutions.
Grayscale has applied with the US Securities and Exchange Commission (SEC) to list a Cardano exchange-traded fund (ETF) on the New York Stock Exchange (NYSE), according to a Feb. 10 filing. This would mark the first US-listed ETF tied to ADA, providing regulated exposure to the digital asset.
Grayscale's legal battle with Osprey Funds took another turn after Osprey challenged a recent court ruling in favor of Grayscale.
Hedge funds have established record short positions in Ethereum futures, largely driven by carry trade strategies rather than purely bearish sentiment, while ETF inflows remain strong and long-term options data suggests optimistic future expectations.
Following Utah's recent legislative progress, North Carolina joins a growing number of states exploring Bitcoin investments to enhance state fund yields and embrace digital asset adoption.
Cardano's price shows potential recovery signals as technical indicators turn positive and trading volume increases, with key price levels at $0.8119 resistance and $0.6822 support serving as crucial markers for future movement.
US fund manager Grayscale, one of the first Bitcoin ($BTC) and Ethereum ($ETH) ETF issuers, filed for a Cardano ETF (exchange-traded fund). If approved, it would be the first-ever Cardano ($ADA) ETF.
Grayscale has filed for the first-ever spot Cardano ETF, marking the 60th crypto ETF filing this year. ADA surged 11% following the news, fueling optimism about altcoin ETFs gaining regulatory approval.
An on-chain and macro research specialist, Alex Adler Jr, in his recent X post, notes that the average funding rate across Binance, Bybit and OKX – the three top exchanges – has slipped to zero. Interestingly, he also points out that every such occurrence in this cycle has triggered a macro bull run.
Ether has dropped over 20% this year, but fundamentals are improving, the report said.
Japanese game studio Gumi has approved a $6.6 million Bitcoin purchase to double down on blockchain staking. Gumi Inc., a Japanese mobile game studio, is looking to strengthen its crypto presence with a major Bitcoin (BTC) purchase.
The cryptocurrency market has displayed a jump of 2.21% overnight with a trading volume of $97.94 billion. With this, the crypto-verse is now valued at $3.24 Trillion. Following this, top tokens have added greener numbers to their statistics, further suggesting an increase in the bullish sentiment.
On-chain data shows the Bitcoin whales have been distributing for a while, but this investor cohort has been scooping up their coins. Bitcoin Sharks Have Increased Their Supply Dominance Recently In a new post on X, analyst James Van Straten has discussed about how the Supply Dominance of the various Bitcoin cohorts has recently changed.
According to Bitwise Asset Management, individual holders control most of Bitcoin's (BTC) total supply. 69.4% of the 21 million BTC in circulation belong to private investors.
The hacker who posted a fake Bitcoin ETF approval update through the US SEC's account has pleaded guilty.
Solana-based applications are now significantly outpacing Ethereum by generating revenues ten times higher, according to cryptocurrency researcher Aylo. This performance occurs despite a bear market context and a slowdown in transactions.
An analyst known for making timely Bitcoin calls believes that BTC needs one final leg down before sparking a new parabolic surge. In a strategy session, pseudonymous analyst Credible Crypto tells his 67,800 YouTube subscribers that Bitcoin appears to be in the midst of a corrective wave two within a five-wave rally.
Cardano is showing renewed strength as bullish momentum builds, driving ADA closer to the $0.8119 resistance level. After steady accumulation, buyers are beginning to take control, pushing the price higher and reinforcing optimism in the market.
The record short interest is led by carry trades and some amount of outright bearish bets on the second-largest cryptocurrency.
Bitcoin's price has remained flat week over week, hovering around $97,650 after peaking at $109,000. This comes after two weekends of high volatility, with traders pausing to reassess their positions following a significant liquidation event. Jake O. from Wintermute OTC noted that the slowdown reflects tighter trading ranges and a lack of fresh crypto-specific narratives.
Crypto investment products saw a surge of $1.3 billion in net inflows last week, marking the fifth consecutive week of inflows.
Pi Coin price is consolidating at $48 after a strong rally, but speculation around a potential Trump-led PI reserve could push its value toward $1000. PI Coin Price To Hit $1000 If Donald Trump Creates PI Reserve The discussion around a U.S. Bitcoin reserve has taken center stage following Donald Trump's resurgence in the political
Since the beginning, the crypto markets have followed a pattern of liquidity flowing into Bitcoin first and later to Ethereum and other altcoins.
Ethereum has seen a significant rise in short positions recently, as hedge funds bet on the asset's continued decline.
Bitcoin is holding above $95,000 despite heavy selling pressure, briefly dipping to $94,726 on Feb. 9 before recovering.
Osprey Funds has challenged a recent Connecticut court ruling that favored Grayscale Investments in their ongoing $2 million unfair trade dispute over GBTC. The post Osprey Funds Appeals Court Decision Favoring Grayscale in $2M Bitcoin Fund Case appeared first on Cryptonews.
Cryptocurrency exchange-traded products (ETPs) recorded their fifth consecutive week of inflows, reaching $1.3 billion, according to CoinShares.
NYSE Arca has filed a regulatory form that is necessary to list shares of the Grayscale Cardano Trust under the "GADA" ticker.
Bitcoin rebounds near $98K after a $742M institutional buy. With exchange supply dropping and Fed policy in focus, will BTC break past $100K? Read more! The post Bitcoin Just Bagged a $742M Boost—Is a $100K Comeback Next? appeared first on Cryptonews.
As Bitcoin (BTC) price retested a crucial resistance level above $98k, Cardano (ADA) price followed in tandem, akin to most of the altcoins. The large-cap altcoin, with a fully diluted valuation of about $35.7 billion and a 24-hour average trading volume of about $1.
The altcoins market is bustling with activity today as top market analysts highlight the greater odds of approval for a spot Litecoin ETF and spot Cardano ETF. While Ethereum (ETH) and XRP are up by 2-3% each, Cardano (ADA) and Litecoin (LTC) have gained anywhere between 10-15% each amid higher odds of these crypto ETF
Bitcoin Spot ETF outflows totaled $186M, while IBIT attracted significant inflows.
Between February 1 and 7, the cryptocurrency market sharply plummeted by nearly 11.65%. An X post by renowned crypto technical and on-chain analyst Ali Martinez notes that the crypto market has seen a notable capital inflow of over $6 billion in the past week.
Tokyo-listed mobile game developer Gumi Inc. has announced plans to acquire Bitcoin worth 1 billion Japanese yen (approximately $6.58 million). The post Tokyo Game Studio Gumi Inc. Announces Plan to Purchase $6.58 Million in Bitcoin appeared first on Cryptonews.
Bitcoin has crossed back above $98,000 after dipping slightly when US President Donald Trump announced tariffs on aluminum and steel as part of an escalating US trade war.
The Cardano native token has surged double digits following a spot ETF application from crypto asset manager Grayscale.
Data shows the Bitcoin futures funding rate has declined to neutral on the top three exchanges. Here's where this could lead the asset's price.
The crypto market today has posted a minor recovery, with the market cap inching up by 2.08% to reach the landmark of $3.22 trillion. Despite this change, the volume of trades took a hit of 2.21%, settling at $96.3 billion.
Ethereum (ETH) price rose 4% in the last 3 days to hit the $2,720 mark on Feb 11, as the global altcoin market received major capital inflows, however on-chain staking outflows suggest the ETH resurgence could fade out early. Ethereum Price Reclaims $2,700 Resistance after Weekend Consolidation Ethereum (ETH) has recorded a strong rebound, climbing
The schism among Ethereum developers caused a crash at the beginning of this February. Could it be the beginning of the end?
Grayscale Investments' Cardano ETF filing marks the first standalone ADA-based product in the US. The post Grayscale Files for Spot Cardano ETF, First ADA-Based Investment Vehicle appeared first on Cryptonews.
Grayscale, through NYSE Arca, has submitted a filing under the Securities and Exchange Act of 1934 to introduce a spot Cardano exchange-traded fund (ETF).
The CME has not yet listed ADA futures, which is widely considered a prerequisite for gaining approval for a spot ETF
Ethereum, the second-largest cryptocurrency by market cap, has seen a sharp 36% drop over the past seven weeks. This decline has sparked concern among investors and traders, as fewer ETH holders are now in profit.