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news-imageDecember 18, 2024

Ethereum Sees Net Outflows On Spot Exchanges—Is a Major Price Rally Coming?

As Ethereum attempts to rally alongside Bitcoin, the asset appears to have been spotlighted as analysts assess its fundamentals to grasp what is ongoing behind the scenes. A key factor influencing ETH's price so far, according to the latest analysis, is the relationship between net flows on spot exchanges and investor behaviour.
Publisher: NewsBTC
Sentiment: Positive
ETH

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cover-imageUToday
December 18, 2024

BlackRock Rules Bitcoin and Ethereum ETF Game With Historic $860 Million Spike

As recently became known, the amount of inflows to Bitcoin (BTC) and Ethereum (ETH) exchange traded funds (ETFs) hosted by BlackRock in the last 24 hours totaled $860 million. Digging deeper into the details, we learn that most of this sum still belongs to IBIT, a Bitcoin ETF from BlackRock, which saw inflows of $733.6 million, according to Bloomberg data.

Positive
cover-imageCrypto news
December 18, 2024

Ethereum spot ETF net inflow reaches $145m

Ethereum spot ETFs witness increased institutional interest, recording a $145 million net inflow. According to statistics from SoSoValue, Ethereum (ETH) spot ETFs had a notable net inflow of $145 million on Dec.

Positive
cover-imageThe Currency Analytics
December 18, 2024

Record $3.2B Inflows into Bitcoin & Ethereum from Institutional Investors

CoinShares, a leading digital asset investment firm, reported that this new record boosts the total institutional crypto investment for the year to $44.5 billion. As institutional interest continues to surge, Bitcoin and Ethereum remain at the forefront of this growth, though altcoins like XRP, Polkadot, and Litecoin are also drawing increasing attention.

Negative
cover-imageThe Currency Analytics
December 17, 2024

Ethereum (ETH) Bearish Signal: Is $3,500 the Next Target

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently shown signs of potential price weakness after a strong price surge. As the price nears a critical resistance level, both whales and long-term holders appear to be pulling back, fueling speculation that a decline may be imminent.

Positive
cover-imageBenzinga
December 17, 2024

Hyperliquid Emerges As Ethereum, Solana Rival: Here's How High HYPE Could Go

Hyperliquid (CRYPTO: HYPE), a rising decentralized exchange and Layer-1 blockchain, has caught the attention of cryptocurrency enthusiasts after rising almost 800% in three weeks. What Happened: Pseudonymous analyst Fmoulin wrote a detailed analysis of HYPE in a post on X on Sunday, diving into the project's revenue potential and growth opportunities.

Negative
cover-imageBitcoin
December 17, 2024

104 Whales Hold 57.35% of Ethereum: Santiment Analysis

The concentration of over 50% of ETH's supply in a small pool of wallets could pose key risks to Ethereum's decentralization. Ethereum Whales Hit Highest Holding Ever Ethereum's (ETH) surge to $4,000 has rekindled interest in the second largest cryptocurrency by market cap.

Negative
cover-imageNewsBTC
December 17, 2024

Ethereum Price Crash Incoming? Tron's Justin Sun Unstakes $209 Million ETH From Lido Finance

The Ethereum price could face some turbulence, as Justin Sun, the founder of Tron (TRX), has unstaked a whopping $209 million from Lido Finance, a liquid decentralized staking platform for Ethereum. Compared to top cryptocurrencies like Bitcoin (BTC) and Dogecoin (DOGE), the Ethereum price has had a relatively muted performance, skyrocketing to $4,000 before consolidating and struggling to move higher.

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