Cryptocurrency investment products reversed an emerging inflow trend, with significant outflows last week as Bitcoin and Ether prices declined. Global crypto exchange-traded products (ETPs) saw $1.43 billion of outflows last week, ending a two-week inflow run that brought in $4.3 billion, CoinShares reported on Monday. The outflows came amid Bitcoin (BTC) dipping from above $116,000 on Aug.18 to $112,000 by the end of the trading week, while Ether (ETH) tumbled below $4,100 on Tuesday after starting the week at around $4,250, according to CoinGecko. Last week’s losses marked the second-biggest…
Tag: Ether
Bitcoin Flash Dumps Below $111K After Ether Hit Record Highs
After hovering near $114,500 for much of the day, bitcoin tumbled to a Sunday low of $110,671 per coin. The slide came just after ether notched a fresh record high, with the broader crypto market dipping 1.5% in the past hour. Traders Grapple With Whiplash Moves as Bitcoin Slides Digital assets had an eventful Sunday […] Original
Bitcoin Market Cycles
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Let’s talk about the #Bitcoin market cycles! Into The Cryptoverse Premium SALE: Into The Cryptoverse Newsletter: LIFETIME OPTION: Alternative Option: Merch: Disclaimer: The information presented within this video is NOT financial advice. Telegram: Twitter: TikTok: tiktok.com/@benjamincowencrypto Instagram: Discord: Facebook: Reddit: Website: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Ether Soars In August—But Will September Spoil The Party?
Ethereum’s rally this month has been sharp, but traders are being warned to watch September closely. Related Reading Ether climbed about 20% since the start of August, trading at $4,745 at the time of publication. Prices even pierced $4,860 after dovish remarks from US Federal Reserve Chair Jerome Powell at the Jackson Hole symposium, a move that many in crypto see as a possible spark for more gains. Historic September Pullbacks According to CoinGlass, history offers a cautionary note: there have been only three cases since 2016 where Ether rose…
Bitcoin Whales Buy Ether After ETH Price Hits Record Highs
Key points: Bitcoin approaches the weekly close with $114,000 in focus as late-week gains fizzle. Ether remains the center of attention after its latest all-time highs, with whales swapping BTC for ETH. BTC price action enjoys a CME futures gap to the upside, providing a new short-term target. Bitcoin (BTC) circled a “key” price level into Sunday’s weekly close as markets continued to fade earlier gains. BTC/USD one-hour chart. Source: Cointelegraph/TradingView ETH price rally steals the spotlight as Bitcoin settles Data from Cointelegraph Markets Pro and TradingView showed BTC/USD drifting…
Ether ETFs Hit Record $7 Billion Trading Day While Bitcoin Outflows Continue
Friday closed with ether exchange-traded funds (ETFs) surging on a $338 million inflow, marking another strong win and a record $7 billion in trading activity. Bitcoin ETFs, despite broad inflows, were dragged red by a heavy $198.8 million exit from Blackrock’s IBIT. Bitcoin Logs Sixth Day of Losses As Ether Scores $338 Million Inflows Crypto […] Original
Ether ETFs Mount $288 Million Comeback as Bitcoin Outflow Streak Hits 5 Days
Bitcoin ETFs posted a fifth straight day of losses with $194 million in outflows, while ether ETFs staged a comeback with $288 million in inflows. The divergence underscores shifting investor sentiment between the two largest crypto assets. Crypto ETFs Diverge: Ether Scores $288 Million Inflow While Bitcoin Bleeds $194 Million The mood in crypto ETFs […] Original
ETH ETF Holdings Hit 6.4M As Ether Tags $4.6K
Key takeaways: Spot Ether ETFs posted record inflows of $7.88 billion across July and August, driving custodial holdings to 6.42 million ETH. ETH tags $4,650 following a 10% rally after Powell hints at a potential rate cut in September. Ether rallies 10% after Powell’s Jackson Hole speech Ether breached the $4,350 resistance on Thursday, testing the supply zone between $4,550 and $4,650 after Federal Reserve Chair Jerome Powell signaled the possibility of a rate cut in September, sparking a sharp reaction across risk assets. Powell’s remarks highlight a shifting policy stance,…
Ethereum Breaks $4k!
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Since #ETH went home, it was finally able to break through $4k! Into The Cryptoverse Premium SALE: Into The Cryptoverse Newsletter: LIFETIME OPTION: Alternative Option: Merch: Disclaimer: The information presented within this video is NOT financial advice. Telegram: Twitter: TikTok: tiktok.com/@benjamincowencrypto Instagram: Discord: Facebook: Reddit: Website: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Spot Ether ETFs See $287M Inflows as BlackRock, Fidelity See Gains
United States’ spot Ether exchange-traded funds (ETFs) funds drew $287.6 million in net inflows on Thursday, snapping a four-day streak of outflows, according to data from crypto ETF tracker SoSoValue. The rebound follows a period of sustained outflows, with funds shedding over $924 million between last Friday and Thursday. The largest withdrawal came on Tuesday, when spot Ether (ETH) ETFs saw $429 million exit — the second-largest daily net outflow seen this month, following the $465 million that left the market on Aug. 4. Asset manager BlackRock’s iShares Ethereum Trust…