In a landmark session, ether ETFs recorded their highest single-day inflow ever with $727 million, while bitcoin ETFs extended their green streak to 10 days with $799 million in net inflows. Crypto ETFs Soar: Ether Hits New Inflow High With Bitcoin Pulling in $799 Million It was a day for the history books in ETF […] Original
Bitcoin ETFs extended their bullish run to nine consecutive days with $403 million in net inflows, while ether ETFs not only gained $192.33 million but also set a new record trading volume of $1.62 billion. Bitcoin ETFs Record $403 Million in Inflows for 9th Consecutive Day, While Ether ETFs Set New Record The momentum refuses […] Original
Bitcoin exchange-traded funds (ETFs) clocked their eighth straight day of inflows with $297.40 million, led by a hefty push from Blackrock’s IBIT. Ether ETFs continued their hot streak as well, pulling in $259.04 million in fresh capital. ETF Rally Continues: Bitcoin and Ether Funds Add Over Half a Billion in One Day Momentum in crypto […] Original
Bitcoin and ether exchange-traded funds (ETFs) continued their historic run with $2.72 billion and $907.99 million in net weekly inflows, respectively. This marks the fifth consecutive green week for bitcoin ETFs and the ninth for ether ETFs. Record-Breaking Momentum: Bitcoin and Ether ETFs Extend Green Run The momentum is undeniable. As digital assets soar, so […] Original
NASDAQ-listed sportsbook marketing firm SharpLink Gaming bought nearly $49 million worth of Ether (ETH) on Sunday, as ETH prices soared past $3,000. The company, whose board is chaired by Ethereum co-founder Joseph Lubin, has been all-in on ETH since late May. This latest transaction brings SharpLink Gaming’s total treasury value to 198,300 ETH, worth nearly $608 million at time of writing. According to onchain analytics service Arkham Intelligence and blockchain explorer Etherscan, a wallet belonging to SharpLink Gaming received 16,370 ETH worth $48.7 million on Sunday, from a wallet likely…
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The Ethereum Foundation sold 10,000 Ether through an over-the-counter deal just before the cryptocurrency briefly regained the $3,000 mark. In a Friday X post, the Ethereum Foundation said it had finalized the terms of a 10,000 Ether (ETH) sale at an average price $2,572.37 via an over-the-counter transaction. At the time of writing, Ether traded nearly 16% higher, hovering just below $3,000. “Our OTC counterparty was Sharplink Gaming,” the foundation said. In a separate Friday announcement, SharpLink Gaming said it paid over $25 million for the ETH. The transaction was…
Bitcoin short-sellers were pummeled on Thursday as the cryptocurrency surged to new all-time highs, resulting in more than $1 billion in short positions liquidated in 24 hours. CoinGlass data shows that $1.01 billion in crypto short positions were liquidated, impacting 232,149 traders. This included approximately $570 million in Bitcoin (BTC) shorts and $206.93 million in Ether (ETH) shorts. Bitcoin liquidations totaled $590.04 million over the past 24 hours with only $20.21 million being long positions. Source: CoinGlass The liquidations came as Bitcoin clocked a new record high for the second…
Key point: An ETH treasury purchase by SharpLink Gaming boosted investor sentiment, clearing the path for a potential rally to $3,153. Ether (ETH) price entered a strong uptrend this week, leading many analysts to predict a rally to $3,000 before the end of July. These traders cite an uptick in spot ETH ETF inflows and multiple corporate Ether treasury announcements as a primary factor in the recent bullish momentum. SharpLink Gaming said it had purchased 7,689 Ether (ETH) between June 28 and July 4, at an average price of $2,501.…