Tag: ETH

Ethereum’s Ether (ETH) Token Has Fallen Out of Investor Favor And How

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Bitcoin ETFs resume with $254.82m, ETH funds lag

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Spot Bitcoin and Ethereum exchange-traded funds in the United States have started the week moving in different directions as the broader cryptocurrency market faces consolidation. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $254.82 million in net inflows on Nov. 18, breaking out of a two-day streak of outflows that saw $770.77 million leave the funds. BlackRock’s IBIT led the group with $89.33 million in inflows, following a quiet day with no activity. Notably, the investment manager’s IBIT fund, which holds $43.12 billion in net assets, has…

Michael Saylor’s ‘No Second Best’ Holds Strong as BTC Outpaces Hypothetical ETH Investment 

Based on blockchaincenter.net’s “there is no second best” index—drawing from Michael Saylor’s well-known remark—Microstrategy’s strategy of purchasing bitcoin outshines what the company would have gained if it had opted for ethereum instead. Microstrategy’s Bitcoin Holdings Deliver, Leaving Ethereum Alternatives Behind Over the past month, bitcoin has held its own, but ethereum (ETH), the second-largest cryptocurrency […] Source CryptoX Portal

Ethereum Spot ETFs Attract Record $295 Million Daily Inflows – Is ETH Set For New Highs?

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Este artículo también está disponible en español. Ethereum (ETH) appears to be finally waking from its slumber, surging nearly 37% in the past week following Bitcoin’s (BTC) all-time-high (ATH) rally. Spot Ethereum ETFs Record Daily Inflows Ethereum, the second-largest cryptocurrency with a market cap of approximately $404 billion, is now gaining ground on BTC, with the platform’s ETH token jumping more than 35% over the past week. Related Reading While the broader digital assets market has been buoyed by Donald Trump’s victory in the 2024 US presidential election, additional factors…

Price analysis 11/11: SPX, DXY, BTC, ETH, SOL, BNB, DOGE, XRP, ADA, TON

Bitcoin picked up momentum and soared above $84,500, pulling several altcoins higher. Bitcoin (BTC) has been on a roll and shows no signs of slowing down. The latest leg of the rally above $84,500 pushed Bitcoin’s total market capitalization above $1.67 trillion for the first time.  Analysts remain optimistic that Bitcoin will extend its month-to-date gains of 17% as November’s average return is 44%, according to CoinGlass data. Veteran trader Peter Brandt said in a post on X that “when BTC runs –…

Ethereum Weekly Volume Hits $60 Billion As ETH Aims For Yearly Highs

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Este artículo también está disponible en español. Ethereum has staged an impressive 35% rally since last Tuesday, marking a bullish breakout as it tests crucial supply levels for the first time since late July. Investor sentiment is increasingly optimistic, driven by a surge in Ethereum’s on-chain activity.  Key data from IntoTheBlock reveals that transaction volume on Ethereum’s mainnet has reached its highest levels since July, a bullish signal highlighting renewed interest and activity in the network. This surge in volume is often seen as confirmation of a breakout, aligning with…

Crypto analyst sees bullish signal on ETH but DTX looks set to outperform the altcoin

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Top analyst Ali Martinez spots bullish signal for Ethereum, but investors eye DTX Exchange for stronger potential gains. Ali Martinez is a market analyst known to almost everyone who is into crypto. The analyst recently identified a bullish signal for the top altcoin, Ethereum (ETH). However, savvy investors are accumulating DTX Exchange (DTX) due to its potential for higher gains in the next few months. Ethereum has been under…

Ethereum ETFs post record weekly inflows as ETH eyes $4,000

Spot Ethereum exchange-traded funds recorded their highest-ever weekly inflows as the flagship altcoin shot past the $3,000 mark for the first time since August. According to SoSovalue data, $154.66 million flowed into Ether-based ETF products over the past week, the highest since the Securities and Exchange Commission (SEC) approved the offerings in July. The uptick in inflows began after Donald Trump won the U.S. presidential elections, sparking a market wide rally as market participants remain hopeful that the new administration in Washington will introduce more favorable regulations for digital assets.…