The SEC has approved the launch of crypto index ETFs from Hashdex and Franklin Templeton, offering exposure to Bitcoin and Ethereum. They are set to launch in January.
Ethereum (ETH) has experienced sharp declines in recent days, forcing some of the cryptocurrency's largest holders to liquidate significant amounts of their holdings. According to market tracker LookonChain, the price of Ethereum has fallen by 18.35% from its Monday high of $4,109, forming a bearish engulfing pattern on the daily chart.
Amid the broader crypto market crash, liquidation numbers soared to more than $1 billion with the Bitcoin price dropping all the way to $95,000 levels. Altcoins like ETH, SOL, DOGE are seeing even greater selling pressure correcting 8-13%.
Ethereum (ETH) has faced a sharp decline, dropping over 5% in the past day and falling below key support levels. This sudden downturn has left traders and investors questioning whether this is merely a short-term correction or a precursor to a larger bearish trend.
The crypto market will witness $2.62 billion in Bitcoin and Ethereum options contracts expire today. This massive expiration could affect short-term price action, especially as both assets have recently declined.
Following multiple review extensions since June, the regulator has approved the first dual Bitcoin-Ethereum ETFs.
Ethereum (ETH), one of the most dominant cryptocurrencies, has experienced significant volatility over the years but remains a major player in the blockchain space. As we move toward 2024, Ethereum's future outlook is both promising and complex, shaped by ongoing network upgrades, increasing institutional adoption, and its integral role in the decentralized finance (DeFi) ecosystem.
Securities exchange NYSE Arca has also expressed interest in listing a Grayscale crypto index ETF holding a diverse basket of spot crypto but has yet to receive approval.
The SEC just made history in the crypto world by approving two first-of-their-kind ETFs: the Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF. These aren't your typical crypto investments.
Ethereum price extended losses and dropped below the $3,680 zone. ETH is down over 7% and is showing bearish signs below the $3,550 level.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has hit a surprising low—not in price but in investor sentiment. According to analysts, the current mood around Ethereum has dipped to its most negative levels in over a year, reflecting widespread uncertainty in the market.
The United States Securities and Exchange Commission (SEC) has approved dual cryptocurrency ETFs from Franklin Templeton and Hashdex. This marks a major step toward integrating Bitcoin and Ethereum into traditional financial markets through regulated investment products.
The SEC has approved combined Bitcoin and Ethereum ETFs from Hashdex and Franklin Templeton. This move expands combined institutional access to the two largest cryptocurrencies via spot-based investment vehicles.
SEC approves Hashdex and Franklin Templeton dual Bitcoin ETF, expanding institutional access amid market volatility. The post SEC approves Hashdex and Franklin Templeton dual Bitcoin-Ethereum ETFs appeared first on Crypto Briefing.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been steadily gaining attention as the crypto market shows signs of upward momentum. Over recent days, Ethereum's price has shown positive strength, leading many to believe that a major rally is imminent.
Cryptocurrency markets are trading lower on Thursday, with Bitcoin falling below the $100,000 mark following Wednesday's Fed meeting. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,083.43 -5.7% Ethereum (CRYPTO: ETH) $3,377.75 -9.3% Solana (CRYPTO: SOL) $192.61 -8.3% XRP (CRYPTO: XRP) $2.21 -6.5% Dogecoin (CRYPTO: DOGE) $0.312 -14.1% Shiba Inu (CRYPTO: SHIB) $0.00002161 -12% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 7.4%; daily active addresses remained relatively flat.
After an extended selloff streak, the crypto market witnessed one of the most intense liquidations of the past month, with Bitcoin (BTC) leading the losses. According to data from CoinGlass, at least 377 traders have suffered the bloodbath in the market.
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Positive netflows to exchanges also surged to the highest level in a week as selling activity spiked.
The cryptocurrency landscape evolves, industry experts continue to debate which blockchain platform will dominate in the years to come. Matt Hougan, Chief Investment Officer at Bitwise, has made a bold prediction that Ethereum will surpass Solana by 2025.
Before Federal Reserve Chair Jerome Powell announced a 25 basis point (bps) interest rate cut, Ethereum (ETH) holders were optimistic that the event would fuel a rally toward $4,500. However, the rate cut did not yield the anticipated bullish outcome, with ETH experiencing a 4.50% decline shortly afterward.
Franklin Templeton files for Bitcoin and Ether ETF as Bitcoin holds $100k. SEC approval likely in 2025 under pro-crypto leadership.
This year, the correlation between the cryptocurrency market and traditional finance is more entrenched than ever before. This was largely due to the introduction of Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds, the arrival of BlackRock, VanEck, Fidelity and many other giant financial institutions to the market.
Ethereum's (CRYPTO: ETH) 5% drop on Thursday has sparked speculation among traders about its ability to recover and close above the critical $3,700 mark by year-end. What Happened: Lookonchain data highlights a skilled whale, possibly associated with LonglingCapital, who purchased 6,000 ETH during a price dip.
As 2025 draws near, market experts are talking a lot about how much Ethereum and Solana are competing with each other. Both cryptocurrencies have grown by leaps and bounds in 2024, nevertheless, perspectives vary on which will finally prevail in the altcoin industry in the forthcoming year.
The Federal Reserve's hawkish tone for 2025 pressures crypto markets, cooling Bitcoin's rally while raising concerns over tighter liquidity and macroeconomic risks.
Ethereum has recently seen a dramatic shift in its market dynamics, with a large number of ETH being withdrawn from centralized exchanges, particularly Binance. In the past two months alone, more than 7.8 million Ethereum have left Binance, drives speculation about the cryptocurrency's price movement and long-term prospects.
This push is part of a growing movement within the Ethereum community to increase the maximum gas that can be
XRP and ETH are neck and neck in a race to pull capital away from Bitcoin as market sentiment grows risk-averse. But only one will seize the moment.
It's been under a week since the launch of the $SOLX presale, but Solaxy's native token is taking no prisoners. After raising $350K in its first 24 hours, just five days later, that tally has skyrocketed to $2.85M.
Ethereum price declined to a critical support level as cryptocurrencies experienced a sharp pullback following the Federal Reserve's hawkish interest rate announcement. Ethereum (ETH) slipped to $3,540, marking a 10% drop from its peak earlier this week.
After the FOMC sell-off, BTC, ETH and XRP eased at key levels. Is a pre-Christmas recovery on the cards?
Strategic collaborations and decentralization: how Kraken is redefining the future of cryptocurrencies
Ethereum price resisted pressure to break below USD 3,600, signaling a reversal trend, but its DeFi performance is a potential limiter.
The Ethereum community is mobilizing to increase the network's gas limit, a key parameter for validators.
Ethereums price is under pressure after a 7% plunge triggered by the FOMC meeting. With bearish sell signals forming on the charts, ETH could drop to $3,100 unless bulls regain control at key support levels near $3,500.
Ethereum whale linked to Longling Capital acquired 6,000 ETH, continuing a pattern of buying low and selling high.
Ethereum price has dipped igniting fears of a potential price crash. Analysts highlight bearish signals, but some still predict a recovery.
A well-known Ethereum whale, most likely associated with Longling Capital, has taken an unexpected action in the wake of Ethereum's recent decline in value. The whale's purchase of 6,000 ETH shows confidence in a possible price spike.
The BlackRock iShares Ethereum Trust (ETHA) has continued outperforming its peers after recording a 14-day inflow streak. Per data from Farside Investors, ETHA recorded an $81.9 million inflow on Dec. 18, bringing its total inflow to $3.446 billion.
Bitwise CIO Matt Hougan predicts Ethereum will outperform Solana in 2025 due to Layer-2 network improvements and AI project development, while Solana maintains strong developer growth.
Ethereum core developer Eric Connor said increasing gas limits could result in a 15% to 33% reduction in transaction fees.
Large-scale Ethereum withdrawals from exchanges, particularly 7.8 million ETH from Binance, have yet to impact price action as ETH trades at $3,858 amid technical bearish signals and Deutsche Bank's layer-2 development news.
On December 18, 2024, Kraken, one of the largest crypto exchange platforms, announced the launch of its level 2 blockchain, Ink, on the Ethereum mainnet. This launch, initially planned for early 2025, was moved up due to the enthusiasm of the community and the rapid progress made by the development team.
Ethereum's market shifts with large Binance outflows and negative sentiment, raising speculation for a price rebound.
TL;DR Kraken's Layer-2 blockchain solution, Ink, launched ahead of schedule, driven by strong community support and developer enthusiasm. Ink integrates deeply with Optimism's Superchain, expected to drive Ethereum scaling and bolster both platforms' growth and ecosystem synergy.
The crypto world is in turmoil again. Over the past 24 hours, the total market value dropped by 3.4%. It's not just numbers on a screen—it's a sentiment shift that's making traders uneasy.