Key takeaways: ETH price hit a 4-year high weekly close at $4,475, driven by ETF inflows and high network activity. A key support zone for Ether sits between support at $4,000 and $4,150. Ether (ETH) price hit another milestone this cycle after the ETH/USD trading pair achieved its highest weekly close since November 2021. ETH/USD weekly chart. Source: Cointelegraph/TradingView Ether completes best week in four years Ether closed the week at $4,475 on Aug. 13, according to data from Cointelegraph Markets Pro and TradingView confirms. This significant milestone follows a…
Tag: Ether
NFT Market Cap Drops $1.2B as Ether Declines; Penguins Overtake Apes
The non-fungible token (NFT) market lost more than $1.2 billion in value in less than a week as Ether’s rally slowed, according to sector data. On Monday, NFT Price Floor data showed that the total valuation of NFT collections had dropped to $8.1 billion, a 12% decline from Wednesday’s NFT market cap of $9.3 billion, which had surged 40% since July. NFTs losing $1.2 billion in valuation in less than a week coincided with a 9% drop in Ether (ETH) prices. At the time of writing, Cointelegraph data showed ETH…
2025 – आ गया BITCOIN & CRYPTO BULL RUN ? ETHER के बाद दूसरे COINS की बारी ! कौन से COINS BUY करें ?
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video, We will share why bitcoin and crypto market is going up and has potential to move forward. We will also share some more interesting charts and patterns of bitcoin and altcoins showing signals why market may go up and are we in crypto bull run and the latest update about bitcoin and why it is going up and what to expect next in Bitcoin and other cryptocurrencies. We will also share the list of cryptocurrency coins you can focus…
Bitcoin retreats to $118,000 after notching new all-time high: CNBC Crypto World
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io On today’s episode of CNBC Crypto World, bitcoin reaches a new record high before retreating below $120,000. Plus, Ric Edelman from the Digital Assets Council of Financial Professionals shares his outlook for crypto prices in the wake of bitcoin’s record rise. Chapters: 0:00 – Introduction 0:20 – Bitcoin’s new record 1:49 – CCI’s Ryan Eagan For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: » Watch CNBC on the…
Crypto ETFs Cool off as Investors Pull $73 Million From Bitcoin and Ether Funds
After more than a week of relentless inflows, both bitcoin and ether exchange-traded funds (ETFs) closed Friday in the red. Net outflows totaled $14 million for bitcoin ETFs and $59 million for ether ETFs, ending their recent winning streaks. Red Friday: Bitcoin and Ether ETFs Post First Net Outflows After Multi-Day Surge The flood of […] Original
BitMine, Mystery Whale Snap Up $882M in Ether Amid Institutional Buying Wave
Institutional appetite for Ether shows no sign of slowing, with blockchain data revealing nearly $882 million in ETH purchases by two entities as of late. Public Bitcoin mining firm BitMine Immersion Technology led the charge, scooping up 106,485 Ether (ETH) worth roughly $470.5 million over the past 10 hours. The miner’s latest haul brings its total holdings to 1,297,093 ETH, valued at about $5.75 billion, according to transactions tracked by Lookonchain. The transactions reveal that BitMine acquired much of the ETH through large over-the-counter (OTC) deals and direct transfers from…
Spot Ether ETFs Post Outflow Day After 8-Day Inflow Streak
Spot Ether exchange-traded funds (ETFs) closed the week with outflows after a nearly two-week streak of significant inflows. On Friday, US-spot Ether (ETH) ETFs saw $59.3 million in outflows, bringing an end to their eight-day inflow streak that added roughly $3.7 billion to the products, according to Farside data. ETFs are an important analyst signal for Ether price It comes as Ether fell just 1.94% short of reclaiming its 2021 all-time high of $4,878 on Thursday, before retracing down to $4,448 at the time of publication, according to CoinMarketCap. The…
Social Chatter Suggests Ether Holds Slight Edge Over Bitcoin
Ether holds a slight edge over Bitcoin in the short-term as social media chatter around the cryptocurrency is less overheated, says sentiment platform Santiment. “The $ETH crowd hasn’t shown nearly as much bullishness despite significantly better performance over the past 3 months,” Santiment said in an X post on Friday amid the ETH/BTC ratio, which measures Ether’s (ETH) relative strength against Bitcoin (BTC) being up 32.90% over the past 30 days, according to TradingView. Ether fell short of reclaiming 2021 all-time highs “The current outlook shows a slightly more bullish…
Bullish IPO Soars, Pantera Bets Big, BitMine Eyes $24.5B Ether Haul
The 2024–2025 crypto bull market will be remembered for many things: the runaway success of Bitcoin exchange-traded funds, the surge in institutional adoption, and a wave of industry IPOs. Digital asset exchange operator Bullish is the latest crypto-native company to join the IPO rush, aiming to replicate the public market success of stablecoin issuer Circle and Bitcoin-friendly design platform Figma, which recently went public. Bullish’s case stands out: The company has raised its IPO price multiple times, signaling strong investor demand. Its Securities and Exchange Commission (SEC) filing revealed early…
Ether Treasury Race Accelerates With $24.5B BitMine Raise, as US Debt Hits $37T: Finance Redefined
The institutional Ethereum treasury race is accelerating, as two of the biggest corporate Ether holders are raising billions of dollars to acquire more of the world’s second-largest cryptocurrency. Public Bitcoin mining firm BitMine Immersion Technology is raising $24.5 billion through an at-the-market (ATM) stock offering, while SharpLink completed a $389 million capital raise from common shares. Whales, or large crypto holders, have also been accumulating ahead of this week’s key US inflation reports. A new entity acquired $1.3 billion worth of Ether (ETH) across 10 fresh cryptocurrency wallets, surpassing the…