Weekly inflows to US-based spot Ethereum funds were positive for only the second time since the funds launched.
On Friday, U.S. spot bitcoin exchange-traded funds (ETFs) continued their upward momentum, raking in a sizable $494.27 million in inflows. Spot ethereum ETFs followed suit, adding $58.65 million to their tally. Bitcoin ETFs Lead the Charge with $494M Inflows; Ethereum ETFs See Strong Growth Data from sosovalue.xyz shows that 12 U.S.
BlackRock's iShares Ethereum ETF (ETHA) has exceeded $1 billion in assets, making it one of the top-performing ETFs in the U.S. within two months.
Vitalik Buterin highlights how Ethereum ecosystem participants can compete to be aligned instead of competing to have the “right friends.”
In a recent article, Ethereum co-founder Vitalik Buterin introduced the concept of ‘Ethereum alignment', aimed at enhancing cohesion across various sectors of the Ethereum ecosystem. This concept stresses the importance of value alignment, including the embrace of open-source principles and the support for public goods, alongside technical and economic alignment within the community.
Ethereum (ETH) has been a focal point of discussion in the cryptocurrency community, especially with recent insights shared by Julien Bittel, the Head of Macro Research. His bold prediction suggests that ETH could potentially surge to an astonishing $20,000.
Dogecoin co-founder Billy Markus, who goes by the name Shibetoshi Nakamoto on X, recently reacted to a take on Ethereum price.
Ethereum co-founder Vitalik Buterin is constantly searching for strategies to improve the network. This time, he talks about “balancing,” which involves integration, decentralization and cooperation.
NFT sales saw a solid increase this week, climbing 4.87% from the previous period to reach a total of $79.38 million. According to cryptoslam.io, the number of NFT buyers jumped by 34.13%, while sellers grew by 28.72%.
Bitcoin and Ethereum ETFs (exchange-traded funds) recorded the highest multi-week inflows in the session ending Friday, September 27. This comes amid ongoing chatter about the crypto market's recovery.
Ethereum creator Vitalik Buterin has called for a clearer and more transparent approach to Ethereum's alignment and governance. He believes the community must find a balance between decentralization and cooperation, bringing all stakeholders together without losing the essence of Ethereum.
On-chain data shows that Ethereum transaction fees have been rising again recently. Here's what could be behind this trend.
Solana (SOL) has garnered significant attention in the cryptocurrency space, with analysts projecting substantial price growth in the coming months. According to market experts, Solana could potentially reach half of Ethereum's market cap, which would push SOL's price to $330, more than doubling its current value.
Vitalik Buterin addresses the need for clearer alignment in the Ethereum ecosystem, emphasizing decentralization, cooperation, and open standards.
Cryptocurrency analyst Leon Waidmann, Onchain Foundation's Head of Research, tracked the liquidity dynamics in Bitcoin- and Ethereum-based investment products of Grayscale since the moment of conversion to spot ETFs. So far, Ethereum (ETH) demonstrates better potential.
Two Ethereum (ETH) whales have recently garnered attention for their impressive trading strategies that have netted them millions in profit. By strategically buying during dips and selling during rallies, these savvy investors have effectively capitalized on Ethereum's price fluctuations.
Institutional players like Cumberland and ParaFi Capital moved millions in ETH. U.S. spot Ethereum ETFs saw a combined net inflow of $58.7M on Sep 27.
With a bullish trend in the crypto market, Bitcoin enthusiasts are anticipating a new all-time high. Similarly, Ethereum and XRP holders anticipate a trend reversal rally to create new 52-week highs before 2024 ends. With the high hopes of a bull run, BTC, ETH, and XRP signal a massive jump this week.
In a significant turn of events during the ongoing bankruptcy proceedings of Genesis Trading, a creditor has sold 12,100 Ethereum (ETH), valued at approximately $31.43 million, in just the last three days. This move has sent ripples through the cryptocurrency market, causing heightened volatility in Ethereum's price and raising alarm among traders and investors alike.
A divergence in fundamentals has allowed ETH to maintain steady gains.
The pseudonymous social media marketing lead of the SHIB team known to the community as Lucie has boasted another milestone reached by Shiba Inu. This time, it was featured by fund management giant Grayscale in its weekly report.
Previous similar events have led to substantial corrections for ETH.
Ethereum (ETH) is finding it hard to follow Bitcoin's (BTC) bullish trajectory as high selling pressure keeps pouring in. In the recent moves, 2 institutions are going in for an Ether sell-off, and that too when the second largest crypto recorded a slight recovery over the last 7 days.
After a few weeks of slow demand, the inflows into spot Ethereum ETF have shot up again amid the global liquidity boost following the Fed rate cuts. After a poor start to the week, inflows into spot Ether ETF have resumed again.
Ethereum's recent price moves have left traders questioning its path: Will it follow past patterns from 2016 and 2019, or is a new trend emerging? According to crypto analyst Benjamin Cowen, key ETH/BTC and ETH/USD levels are flashing mixed signals, leaving traders wondering what's next.
Bitcoin has broken above a crucial resistance level, signaling a potential shift in the market and this breakthrough could be the start of a new bull market, as it is now showing significant strength after 200 days of lower highs.
Ethereum Price Analysis: Ethereum price breached the $2,700 resistance level on Sept 27, rising 10% this week amid news of CZ's early release, and fresh US labor market data hinting more rate cuts ahead in Q4. Can ETH bulls withstand the growing sell-side pressure from whale investors spotted booking early
Ethereum struggles to stabilize at $3,000 due to weak institutional inflows. October expected to bring shift in sentiment, potentially boosting ETH price.
The market sentiment towards Ethereum (ETH) has turned relatively bearish, largely due to the cryptocurrency's recent price volatility. This negative sentiment is evident in Ethereum's new active addresses, having crashed by a whopping 43%, underscoring reduced network activity and investor confidence.
The Ethereum network activity has not rapidly increased to explain the rising transaction fees.
In a promising turn for the cryptocurrency market, investor interest in Bitcoin and Ethereum exchange-traded funds (ETFs) is on the rise. Recent data reveals that spot Bitcoin ETFs experienced a remarkable inflow of $106 million just yesterday, a trend primarily fueled by BlackRock's impressive investment of $184 million—the highest recorded in the last month.
Ethereum (ETH) demonstrated strong performance on Friday, climbing by more than 1.75% over the past 24 hours to trade at $2,673 at press time. This increase follows a notable rise in Bitcoin, which gained over 3% in the same period, crossing the $65,500 threshold.
Top US-based crypto exchange Coinbase is teasing its new wrapped version of Bitcoin (BTC) to Ethereum (ETH) layer-2 scaling solution Arbitrum (ARB). In a new announcement on the social media platform X, Coinbase Assets tells its audience that Coinbase Wrapped Bitcoin (cbBTC) is “coming soon” to the smart contract platform Arbitrum.
Bitcoin's break above $65,000 and solid buying in-the-spot BTC ETFs have traders convinced that the bull market is back in full swing.
Cryptocurrency markets are finishing the week on a high, with Bitcoin peaking past $66,000 in midday trading. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $65,934 +1.1% Ethereum (CRYPTO: ETH) $2,705 +1.9% Solana (CRYPTO: SOL) $158.59 +1.3% Dogecoin (CRYPTO: DOGE) $0.1246 +5.3% Shiba Inu (CRYPTO: SHIB) $0.00002052 +10.9% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 3.7% and daily active addresses rising by 1.3% for Bitcoin.
Following the Solana 1,000% run-up in 2023 and its re-entry into the crypto top 10 by market cap, it has been pitched against Ethereum once again. This was further propelled by the fact that Solana saw its blockchain activity surpass Ethereum's, and even bringing in more revenue at a time.
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Amid the ongoing significant price surge across the crypto landscape, whales and institutions have now shifted their focus on Neiro Ethereum (NEIRO) and are on a buying spree. On September 27, 2024, the on-chain analytic firm Spotonchain made a post on X (previously Twitter) that NEIRO seems to be in an accumulation phase.
On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) saw gains, while their ether-focused counterparts faced a decline during the day's trading session. ARKB Tops Bitcoin ETF Gains as Ether Funds Fall by $675K U.S. bitcoin ETFs saw a hefty $365.57 million in positive inflows on Thursday, with Ark Invest and 21shares' ARKB leading the charge.
Ethereum price showed a modest increase following its previous gains over the last few days. The altcoin's daily trading volume surged by 20.38% as per CMC data.
Ethereum transaction fees have surged in the past week due to an uptick in on-chain activity across the blockchain, according to Coinbase.
TL;DR Approximately $7.7 billion worth of Bitcoin and Ethereum options expire today, which could create volatility in the market. The maximum pain point for Bitcoin is at $59,000 and for Ethereum at $2,500. Market volatility is expected to continue following a recent rally driven by Federal Reserve interest rate changes.
TL;DR Vitalik Buterin warns that Ethereum's blob count is nearing its limit, with 75% of capacity used. He proposes increasing the number of blobs per block to improve scalability and support layer 2 solutions.
Ethereum price has significantly underperformed in the recent past compared to Bitcoin as whale investors prefer the latter.
Ethereum's mixed market signals highlight the ongoing tension between rising network activity and investor skepticism, reflecting broader crypto-finance dynamics. The post Ethereum shows mixed signals as price surges amid ETF outflows appeared first on Crypto Briefing.
Fund flow into Bitcoin (BTC) linked exchange-traded funds (ETFs) suggests US investors are bullish on the crypto. On Thursday alone, they poured $365 million into spot Bitcoin ETFs, pushing this week's total over $600 million.
The security exploit, which has been “handled,” saw Bedrock lose $2 million after an attacker was able to swap ETH for BTC like-for-like.