Tag: ETH

Bitcoin (BTC) and Ether (ETH) ETFs Launch in Hong Kong Tuesday: Interview With Key Executives

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Zhu Haokang : Based on the analysis of various factors, we believe that cryptocurrency ETFs will be beneficial to cryptocurrency prices. First, Hong Kong’s crypto spot ETF market injects more liquidity into the crypto market. Second, accelerate the compliance of the industry. Third, funding channels have been expanded. Fourth, investors may obtain arbitrage opportunities between ETF prices and spot prices, allowing more market makers and arbitrage investors to actively participate. Fifth, with the passage of our crypto spot ETF, trading factors in traditional markets will also directly affect the cryptocurrency…

Ethereum Price Reverse Gains, Can ETH Bulls Save The Day?

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Ethereum price rallied above the $3,300 level. ETH tested the $3,350 resistance and recently started a sharp decline below $3,300. Ethereum rallied toward $3,350 before the bears appeared again. The price is trading below $3,220 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $3,250 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it trades below the $3,165 support. Ethereum Price Trims Gains Ethereum price started a strong increase above…

Top cryptocurrencies to watch this week: BTC, ETH, PEPE

The top cryptocurrencies to keep an eye on this week include Bitcoin (BTC), Ethereum (ETH), and Pepe (PEPE). Bitcoin whales taking profits Bitcoin has seen a decrease in whale activity since March 14. However, a surge in whale transactions could potentially boost BTC prices. Notably, crypto analyst Lookonchain recently highlighted a significant movement of 1,200 Bitcoin, worth an eye-watering $77.67 million, by a whale into the Kraken exchange.  A whale deposited 1,200 $BTC($77.67M) into #Kraken 43 minutes ago. The whale accumulated 24,755 $BTC($1.68B) at an average price of $68,051 from…

ETH and BONK investors eye InQubeta after debut on Uniswap, MEXC

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Investors are shifting their focus from established giants like Ethereum and Bonk to promising newcomers like InQubeta (QUBE) for potentially huge gains. Established cryptocurrencies became popular for a reason: previous growth. Consequently, the implication is that they have limited upside potential compared to new altcoins. As a result, in their quest for gains, investors have been looking beyond Ethereum (ETH) and Bonk (BONK) to InQubeta (QUBE), a newly launched…

Ethereum Withdrawals From Exchanges Top 260,000 ETH

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Ethereum withdraws from centralized exchanges have ramped up over the last week, suggesting a direction for investor sentiment during this time. Given the sheer volume of ETH withdrawn from these exchanges, it is prudent to try to understand what this could mean for the crypto’s price. 260,000 ETH Leaves Exchanges Amid the uncertainty that has plagued the crypto market, Ethereum investors are making moves to secure their positions for better price prospects. Pseudonymous crypto technical analyst Titan of Crypto took to X (formerly Twitter) to share what Ethereum investors are…

XRP, ETH communities seize Kelexo Stage 2 presale opportunities

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Amid market shifts, XRP and ETH communities capitalize on the Kelexo Stage 2 presale, highlighting its promise in the burgeoning defi sector. The burgeoning Decentralized Finance (defi) space is witnessing a surge of interest in Kelexo (KLXO), a peer-to-peer lending platform built on the Ethereum (ETH) blockchain.  This excitement coincides with the launch of Kelexo Stage 2 presale, attracting investors, particularly those holding established cryptocurrencies like Ripple (XRP) and…

SEC Anticipated To Reject Spot Ethereum ETFs In Upcoming Decision, ETH Price Takes 5% Hit

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Over the past 24 hours, Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced a significant 5% price drop. This drop comes amid growing speculation that the highly anticipated Ethereum ETFs will likely be rejected by the US Securities and Exchange Commission (SEC) in the upcoming May deadline. US Bitcoin ETF Issuers Brace For SEC’s Expected Denial According to a recent Reuters report, various US Bitcoin ETF issuers and firms anticipate the SEC’s denial of their applications to launch ETFs tied to the price of ETH.  These expectations have…

Bitcoin (BTC) Drops Below $64K, Ether (ETH) Falls

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BlackRock’s spot bitcoin exchange-traded fund (ETF), which trades under the ticker IBIT on Nasdaq, fell out of favor on Wednesday, preliminary data published by Farside Investors showed. For the first time since going live on Jan. 11, the fund did not draw any investor money, snapping a 71-day inflows streak. Seven of the other 10 funds followed IBIT’s lead. Fidelity’s FBTC and the ARK 21Shares Bitcoin ETF (ARKB) registered inflows of $5.6 million and $4.2 million, respectively, while Grayscale’s GBTC bled $130.4 million, leading to a net cumulative outflow of…