The fund now holds more Ethereum than Bitcoin, despite the latter's earlier ETF regulatory approval in January.

A prominent analyst has raised concerns about Ethereum's (ETH) price trajectory as we approach the end of 2024. Benjamin Cowen, a well-respected figure in the crypto community with 819,000 YouTube subscribers, believes Ethereum may be on the verge of a significant drop, potentially reaching as low as $1,000.

Michigan's State Pension Fund disclosed a $10 million investment in Grayscale's Ethereum ETF, paving the way for ETH institutional adoption.

Bitcoin plummeted further, but Dogecoin rose as cryptocurrency investors braced for the high-stakes presidential election. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m.

Investigations reveal how hackers exploited Metawin Casino Ethereum and Solana hot wallets for $4M.

Michigan's pension fund first gained Bitcoin exposure by investing in the ARK 21Shares Bitcoin ETF earlier this year. The fund's 110,000 shares in ARK 21Shares have appreciated by $1 million since June, signaling confidence in the ETF.

Pepe (PEPE), the popular and the third-largest meme coin is poised for a notable price decline as it has broken out from a crucial support level. Today, on November 5, 2024, the sentiment across the cryptocurrency landscape is quite bearish, which has shifted the PEPE into a downtrend.

Ethereum's price has been stuck in a consolidation phase, trading between $2,700 and $2,340, without a clear breakout in sight.

Cryptocurrency markets are trading lower on the day before the presidential election. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $67,873.44 -1.1% Ethereum (CRYPTO: ETH) $2,429.33 -0.8% Solana (CRYPTO: SOL) $159.90 -0.6% Dogecoin (CRYPTO: DOGE) $0.1596 +7.5% Shiba Inu (CRYPTO: SHIB) $0.00001691 -1.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 7.7% and daily active addresses falling by 8.4%.

Top online poker site CoinPoker is launching the meme Millions Tournament Series on November 17, and as the name implies, there's $1,000,000 worth of prizes up for grabs. Whether you are new to meme coins or have already dabbled in this red-hot crypto sector, there's something in Meme Millions for everyone.

SHIB has whipsawed over the past few days after a delayed golden cross - What's next?

Ethereum (ETH) is making headlines again as it approaches the significant price point of $2,500. This resurgence is largely due to the growing confidence among long-term holders (LTHs) of the cryptocurrency.

The Michigan State Pension Fund has invested $10 million in Grayscale's Ethereum ETFs (NYSE:ETHE), making it one of the top holders of the product. What Happened: According to an SEC filing, this investment surpasses Michigan's $7 million allocation in Bitcoin (CRYPTO: BTC) ETFs, marking a notable shift in institutional interest.

Reports indicate that the State of Michigan Retirement System recently invested over $10 million in ethereum exchange-traded funds (ETFs), specifically in Grayscale's Ethereum Trust and its Ethereum Mini Trust.

The State of Michigan Retirement System disclosed over $11 million in exposure to spot Ethereum (ETH) exchange-traded funds (ETF) in its latest 13-F filing.

ETH has been trading at a discount on the ETF market amid weakening demand.

Michigan Pension fund has bought $10 million worth of Ethereum through Grayscale's ETFs. VanEck's Head of Digital Assets Research, Matthew Sigel, made this revelation in an X post.

Bitcoin price trades below $70,000 as traders derisk ahead of the election. Will altcoins follow this trend or take advantage of BTC's consolidation?

Ethereum (ETH) price has experienced a period of consolidation after recent gains, with a decline pushing it below the $2,550 support level. While ETH faces resistance of nearly $2,500, it holds the potential for recovery if it clears this key barrier.

Michigan's state pension fund invests $11M in Ethereum ETF, marking a significant Ethereum ETF investment milestone in US pensions. The post Michigan becomes first state pension fund to invest in Ethereum ETFs with $11M stake appeared first on Crypto Briefing.

Ethereum ETFs recorded their first State Pension Fund buy, as Michigan scooped shares from two funds offered by Grayscale.

Vlayer, a crypto startup developing "Solidity 2.0" — which adds new functions to Ethereum's smart contract language — has raised $10 million.

The value of the ARK 21Shares Bitcoin ETF shares held by the state's pension fund increased by roughly $1 million since being reported.

As Ethereum continues to struggle to gain any lasting momentum, one analyst notes last week's dip as a bear trap and the "final dip" before refocusing its gaze on a new high. The post Ethereum Eyes ‘Final Dip' Below $2.5K – Will This Be the Launchpad for a New All-Time High? appeared first on Cryptonews.

The Michigan pension agency disclosed it held about $10 million worth of Grayscale's Ethereum Trust as of the end of the third quarter.

The State of Michigan Retirement System has purchased 460,000 shares of Grayscale Ethereum Trust (ETHE) for roughly $10 million, according to a recent regulatory filing.

Ethereum is trading at a critical demand level following an 11% pullback from recent local highs. This dip has analysts and investors on edge, as losing this level could trigger a wave of aggressive sell-offs, potentially driving ETH prices lower.

As Ethereum begins to show positive price action once again, the altcoin is seeing a wave of bullish predictions from multiple crypto experts about its trajectory in the short term, suggesting a potential rally in the upcoming weeks.

Ethereum (ETH), the second-largest crypto by market capitalization after Bitcoin, continues to generate significant interest among investors and analysts, especially in light of recent news about its profitability and profit. According to an analysis conducted by the CryptoQuant analyst known as Baykuş, a surprising 79.92% of Ethereum addresses are currently in profit.

Buyers are back in the game at the beginning of the week, according to CoinStats.

The metrics from the broader market regarding the recovery of meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) show an interesting twist. Data from the crypto analytics platform IntoTheBlock shows a significant divergence in the whale activities from SHIB and DOGE.

The cryptocurrency market is reacting to the upcoming US Presidential election after more than $288M was liquidated within 24 hours per Coinglass. Out of these liquidations, $142M were long, while $86M were short.

The European branch of Robinhood, a top U.S. brokerage platform, has launched live transfer options for Pepe Coin (PEPE). This new feature allows European users to withdraw and deposit PEPE directly on Robinhood's crypto platform.

Shiba Inu's ecosystem has been expanding rapidly in the past year, thanks in part to Shibarium, its layer-2 platform. Interestingly, recent data shows Shibarium has seen an impressive uptick in activity, with daily transactions reaching 4.68 million in the past 24 hours.

The latest crypto high-profile platform to be targeted by the bad guys is Metawin. According to reports, hackers broke into the withdrawal system of the crypto site and stole more than $4 million worth of digital assets.

TL;DR Last week, digital asset investment products saw inflows of US$2.2 billion, bringing the total to US$29.2 billion so far this year. Euphoria surrounding a possible Republican victory in the US elections drove these flows, although small outflows were seen on Friday as polls changed.

Robinhood Crypto Europe has just announced support for the popular meme token, Pepe (PEPE), allowing users to withdraw and deposit the token seamlessly on its platform. For a limited time, customers can also earn a 1% deposit bonus when they transfer PEPE through the official app, adding extra incentive for enthusiasts of the meme-based cryptocurrency

The next decade will bring more institutional adoption for Ethereum, but solving the security concerns of the wider crypto space remains a priority.

Ethereum has struggled to sustain a rally above $2,500 and data suggests that more downside could be on the way for ETH price.

Researchers Justin Drake and Dankrad Feist stirred up controversy in May after revealing they'd received large token payouts from EigenLayer.

Ethereum (ETH) is currently hovering around critical support and resistance levels, with recent trading activity suggesting that a breakout or breakdown might be on the horizon. Ethereum Looking at the daily chart, ethereum (ETH) has trended downward since hitting a high of $2,769.4 in Oct.

Pepecoin (PEPE), a popular Ethereum-based meme coin, was recently listed for trading on Robinhood Crypto EU.

Crypto analyst Master Kenobi has provided an update on his FLOKI master plan. The analyst revealed that his initial analysis had been invalidated and mentioned what was next for the Shiba Inu competitor with this development.

During the Monday Asian market session, the cryptocurrency market showcased a neutral stance after a notable correction last week. As the pioneer cryptocurrency, Bitcoin, holds its position above $68,000, the altcoin market shows potential for bottom formation.

Solana, Shiba Inu, and XRP are at key levels. Will they break out or face more selling pressure?

Spot On Chain says that Gemini, one of the biggest U.S. cryptocurrency exchanges, recently moved a lot of funds into a new multisignature custody wallet. The wallet, which was created just 18 days ago, has quickly amassed a lot of altcoin holdings, including a major acquisition of 200 billion Shiba Inu (SHIB) tokens valued at around $3.39 million.

A closely followed crypto analyst says there is a good chance that Ethereum (ETH) may enter a final capitulation in the coming weeks.

Sui has emerged as a noteworthy competitor in 2024, recently eclipsing both Solana (SOL) and Ethereum (ETH) in terms of net inflows. This significant achievement not only highlights Sui's growing influence but also raises questions about the future trajectory of its price amidst current market dynamics.