The cryptocurrency exchange ByBit released its 4th quarter report on Dec. 4, highlighting and comparing trends between its institutional and retail investors. The report found that institutional traders had some 45% of their assets in stablecoins, with the remaining split 35% in Bitcoin (BTC), 15% in Ether (ETH) and only 5% in altcoins, which the exchange categorizes as anything other than the aforementioned digital assets. The survey suggests that the “flight” to “safer assets,” like stablecoins, in a bear market “might explain this risk-averse asset allocation from traders.” Nonetheless, institutional…
Tag: ETH
Institutional Traders Split Between BTC, ETH: Bybit Research
Institutional traders and whales, or large holders of bitcoin, were skeptical about altcoins, the report says, with the data showing a general decline in altcoin holdings among traders despite a brief rise in May. A notable decrease started in August, particularly among institutions, reflecting a cautious stance towards these more volatile assets. Source
Top cryptos to watch this week: BTC, ETH, TIA
This week, the global cryptocurrency market cap soared 5% to $1.49 trillion, marking its highest point since the Terra-induced collapse of last May. Several assets — Bitcoin (BTC), Ethereum (ETH) and Celestia (TIA) — registered impressive gains. Bitcoin nears $40,000 Bitcoin has been on a rampage since breaking out of the consolidation in early October. The premier crypto has continued to register impressive bullish closes, and this week was no different. With a 5.41% increase over the past seven days, Bitcoin is on track to record its seventh consecutive bullish…
BTC, ETH, NuggetRush are on investors’ watch list
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin price is set for a significant increase as halving approaches and approval for spot BTC ETF nears. Ethereum remains green on the chart, rising 13% in the past month. NuggetRush presale surges as investors clear out round 2, seeking better investment returns. Investors are constantly seeking to diversify their portfolios to amass profits. Tokens on most-watched cryptocurrency lists offer different opportunities, some better for the short term and others…
Crypto analysts share predictions for new ETH ATH, ADA, and how AI integration will affect this new token
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Traders are becoming excited as the Bitcoin (BTC) market has gathered bullish momentum again. The bullish trend has helped Ethereum (ETH), which has recovered the $2,000 level. A leading analyst has predicted when ETH will establish a new all-time high, and the latest increase has been greeted with optimism. For Cardano (ADA), a possible breakthrough has been anticipated in the upcoming days. Meanwhile, Everlodge has remained at the forefront…
CF Benchmarks Introduces ETH Staking Reward Rate
According to the announcement, the inaugural CF ETH Staking Reward Rate will have four initial SSP contributors which include Kiln, Staked, Figment, and Blockdaemon. In response to the growing demand for a reliable and daily realized Ethereum (ETH) staking reward rate, CF Benchmarks has unveiled the CF ETH Staking Reward Rate (ETH_SRR). This marks the inaugural benchmark in the CF Staking Series, designed to provide a precise measure of the economic incentives associated with Ethereum as a Proof of Stake (PoS) blockchain. Understanding CF Benchmarks’ Ethereum Staking Incentives CF Benchmarks…
CME-Listed Bitcoin (BTC), Ether (ETH) Futures Flash a Rare Bullish Signal
A futures contract is a legal contract to buy or sell the underlying asset at a predetermined price at a specified future date, called the expiry date. Usually, futures markets are in contango, a term used to describe when the price of futures rises above spot, with further-out futures drawing higher than nearer-expiration futures. An increase in buying pressure often causes the contango to widen. Source
Ethereum Bears Keep Pressing, Why ETH Price Might Revisit This Key Support
Ethereum price is moving lower from $2,130. ETH is showing a few bearish signs and might decline toward the $1,920 support zone. Ethereum is slowly moving lower below the $2,060 zone. The price is trading below $2,060 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance near $2,040 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down toward the $1,920 support zone. Ethereum Price Extends Decline Ethereum price started a fresh decline after it struggled…
Researchers at ETH Zurich created a jailbreak attack that bypasses AI guardrails
A pair of researchers from ETH Zurich, in Switzerland, have developed a method by which, theoretically, any artificial intelligence (AI) model that relies on human feedback, including the most popular large language models (LLMs), could potentially be jailbroken. Jailbreaking is a colloquial term for bypassing a device or system’s intended security protections. It’s most commonly used to describe the use of exploits or hacks to bypass consumer restrictions on devices such as smartphones and streaming gadgets. When applied specifically to the world of generative AI and large language models, jailbreaking…
Bitcoin (BTC) Funds Surpass $1.5B of Inflows in 2023; Ether (ETH), Solana (SOL) Funds Lead Altcoin Inflows
Funds holding ether (ETH) experienced $34 million of net inflows last week, extending the positive trend to four consecutive weeks and surpassing $100 million of net inflows during this period. ETH funds now have almost nullified their dismal run of outflows earlier this year, which marks “a decisive turnaround in sentiment” towards the second largest cryptocurrency, CoinShares added. Source