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news-imageJuly 27, 2024

Ethereum Open Interest Rises By $1.5 Billion – What This Means

Ethereum (ETH) recorded a significant loss in price this week following the trading debut of Ethereum spot ETFs. According to data from CoinMarketCap, ETH has declined by 6.60% in the last seven days, falling as low as $3,100.
Publisher: NewsBTC
Sentiment: Neutral
ETH

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Positive
cover-imageThe Currency Analytics
October 18, 2024

Ethereum's Path to $3,000 Strengthened by Bullish Indicators

Ethereum (ETH) continues to navigate a dynamic market landscape, recent indicators suggest a growing potential for the cryptocurrency to reach the $3,000 mark. With an uptick in active addresses, significant exchange outflows, and bullish technical signals, Ethereum appears to be positioning itself for a price rally.

Neutral
cover-imageBenzinga
October 17, 2024

Bitcoin, Ethereum, Dogecoin Consolidate With A Down Day, But: 'Second Leg Of The Bull Cycle Is Underway,' Says Trader

Cryptocurrency markets are trading lower on Thursday, consolidating gains from earlier in the week. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $66,879.97 -1.3% Ethereum (CRYPTO: ETH) $2,583.46 -1.1% Solana (CRYPTO: SOL) $148.51 -3.8% Dogecoin (CRYPTO: DOGE) $0.1213 -4% Shiba Inu (CRYPTO: SHIB) $0.00001767 -5% Notable Statistics: IntoTheBlock data shows Bitcoin large transaction volume decreasing by 14.8% and daily active addresses falling by 20.1%.

Positive
cover-imageBenzinga
October 17, 2024

Bitcoin ETFs, Ethereum Staking, Stablecoins Power Crypto Growth In 2024: Coinbase Report

In their joint “Q4 Guide to Crypto Markets,” Coinbase (NASDAQ:COIN) Institutional and Glassnode report a growing and maturing crypto market despite Bitcoin‘s (CRYPTO: BTC) range-bound price action over the last six months. What Happened: Their analysis shows that despite the lack of strong price movements, the crypto market has shown signs of sophistication through successful spot ETFs, increased on-chain activity and higher trading volumes.

Positive
cover-imageNewsBTC
October 17, 2024

New Grayscale ETF Aims To Include Major Cryptos: Bitcoin, Ether, Solana, And XRP

Crypto asset manager Grayscale is in the process of converting its Grayscale Digital Large Cap Fund (GDLC) into an exchange-traded fund (ETF), according to Bloomberg ETF expert Eric Balchunas. The strategic move aims to provide investors with a diversified portfolio that includes major digital assets such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP and Avalanche (AVAX).

Positive
cover-imageThe Cryptonomist
October 17, 2024

Robinhood launches futures on Bitcoin and Ethereum

Robinhood, the popular trading platform, has recently announced a significant expansion of its service portfolio, introducing futures on Bitcoin and Ethereum. This move represents an important turning point for the company, which aims to capture a larger share of the cryptocurrency market and attract both institutional and retail investors.

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