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news-imageDecember 27, 2024

Raoul Pal Calls Ethereum's Chart Pattern ‘One Of The Most Powerful In Crypto', Signaling Major Breakout Coming

The price of Ethereum (ETH), the industry's second-largest cryptocurrency by market cap, broke down as the wider market corrected, but a well-known pundit remains optimistic about Ether's price trajectory leading into 2025.
Publisher: Zycrypto
Sentiment: Positive
ETH

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Positive
cover-imageCryptoGlobe
December 27, 2024

Institutional Investors Flock to BlackRock's Ethereum ETF, Accumulating Over $3.5 Billion in ETH

The spot ether exchange-traded fund (ETF) launched by the world's largest asset manager earlier this year now holds a substantial trove of ETH, having recently surpassed one million tokens. According to data from BlackRock's website and the Ethereum blockchain — first spotted by Arkham Intelligence — the iShares Ethereum Trust ETF (ETHA) fund now holds 1.

Negative
cover-imageBenzinga
December 27, 2024

Bitcoin Dumps Below $95,000, Ethereum, XRP, Dogecoin Meander In Lackluster Friday Trading Session

Cryptocurrency markets are trading down on Friday, with Bitcoin falling below the $95,000 mark. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,485.63 -1.2% Ethereum (CRYPTO: ETH) $3,358.23 +0.7% Solana (CRYPTO: SOL) $186.67 -1.3% XRP (CRYPTO: XRP) $2.17 +0.5% Dogecoin (CRYPTO: DOGE) $0.3144 +0.1% Shiba Inu (CRYPTO: SHIB) $0.00002185 +0.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 31.6% and daily active addresses falling by 0.04%.

Negative
cover-imageCryptonews
December 27, 2024

Ethereum Price Set to Dip to $3,000 – Buy the Dip?

The Ethereum (ETH) price is on the back foot on Friday, the final trading day of the year in traditional financial markets, and is threatening a break back below $3,300. The post Ethereum Price Set to Dip to $3,000 – Buy the Dip? appeared first on Cryptonews.

Neutral
cover-imageCrypto Economy
December 27, 2024

Historic $18B Bitcoin and Ethereum Options Expiry: Market Volatility Imminent?

TL;DR A record-breaking $18 billion worth of Bitcoin and Ethereum options contracts are set to expire today, sparking anticipation of sharp market moves and potential volatility. The volume of expiring contracts includes 88,537 Bitcoin contracts and 796,021 Ethereum contracts, with Bitcoin's put-to-call ratio at 0.69 and Ethereum's ratio at 0.41, indicating positive sentiment.

Positive
cover-imageBenzinga
December 27, 2024

Bitcoin, Ethereum ETFs Break 4-Day Outflow Streak, Net $592 Inflows On Thursday

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: BTC) spot exchange-traded funds (ETFs) experienced a surge of inflows on Dec. 26, marking a reversal from four consecutive days of net outflows. What Happened: Bitcoin spot ETFs collectively saw a net inflow of $475 million, with Fidelity's (CBOE: FBTC) leading the charge, securing $254 million, according to data.

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