Tag: Ether

ETH mega pump coming? Ether on exchanges falls to near-decade low

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Ether’s supply on crypto exchanges has dropped to its lowest level since November 2015, leading some analysts to predict a major price rally despite recent bearish sentiment. “Ethereum’s holders have now brought the available supply on exchanges down to 8.97M, the lowest amount in nearly 10 years (November, 2015),” crypto analytics platform Santiment said in a March 20 X post. Ether’s supply on crypto exchanges has reached its lowest point since November 2015. Source: Santiment Santiment said ETH had been rapidly leaving crypto exchanges, with balances now 16.4% lower than…

Bitcoin ETFs Maintain Inflow Momentum As Ether ETFs Face 11th Day of Outflows

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Bitcoin ETFs experienced a fourth consecutive day of inflows, adding $12 million, with Bitwise’s BITB leading the gains. In contrast, ether ETFs recorded their 11th straight day of outflows, losing $12 million, predominantly from Blackrock’s ETHA. Bitcoin ETFs Attract $12 Million Inflows As Ether ETFs See Continued Withdrawals Midweek trading action continued to produce mixed […] Original

Bitcoin, Ether and Solana Likely to See 3% to 5% Price Swings on FOMC Rate Decision

The Federal Open Market Committee (FOMC), the U.S. Federal Reserve’s monetary policy-making body, is slated to publish its rate review later in the day, along with growth and inflation projections and interest rate forecast. The widely-watched event is likely to breed crypto market volatility, spurring 3% to 5% price swings in bitcoin (BTC), ether (ETH) and solana (SOL). That’s the message from Volmex’s one-day implied volatility indices tied to BTC, ETH and SOL. At 12:30 UTC, the bitcoin one-day IV index (BVIV) signaled an annualized volatility of 63.32%, equating to…

Blackrock’s IBIT Leads Bitcoin ETF Inflows as Ether Funds Continue to Decline

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Bitcoin ETFs continued their positive momentum on March 18, with a $209  million inflow, primarily driven by Blackrock’s IBIT. In contrast, Ether ETFs faced a $53  million outflow, marking the tenth consecutive day of withdrawals. Bitcoin ETFs Secure $209M Inflows Amid Ongoing Ether ETF Outflows The positive inflows for bitcoin exchange-traded funds (ETFs) continued on […] Original

Ether Zooms 7% as Bitcoin Traders Watch $80K Support Ahead of FOMC

Ether (ETH) zoomed nearly 7% in the past 24 hours to lead gains among majors as traders await the results of the Federal Open Market Committee (FOMC) meeting on Wednesday. ETH’s gains were coupled with a 4% gain in memecoin dogecoin (DOGE), which historically tends to act correlated to the asset’s movements. Other Ethereum-based memecoins pepe (PEPE) and mog (MOG), rose more than 5% — continuing to act as levered bets. Elsewhere, majors XRP, BNB Chain’s BNB, Solana’s SOL and Cardano’s ADA rose 3%. Tron’s TRX dipped after a surge…

72% of Cryptos in the Red as Bitcoin and Ether Struggle

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On Sunday, the global cryptocurrency market experienced a 2.02% decline, settling at $2.69 trillion as bitcoin, ether, and several leading digital assets posted losses. Bitcoin dipped below the $83,000 threshold, reaching an intraday low of $82,397 per coin. Crypto Market Sees $47B in Trading, Down 34% From Previous Day Over the past 24 hours, global […] Original

Ether may fall below $1.9K ‘robust’ demand zone, analysts eye capitulation

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Ether risks another decline below $1,900, which may open up a significant amount of investor demand, which may catalyze Ether’s recovery from its three-month downtrend Ether (ETH) price fell over 52% during its three-month downtrend after it peaked above $4,100 on Dec. 16, 2024, TradingView data shows. While another correction below $1,900 is on the horizon, this may unleash significant buying pressure, according to Juan Pellicer, senior research analyst at IntoTheBlock. ETH/USD, 1-day chart. Source: Cointelegraph/TradingView “Onchain metrics reveal a robust demand zone for ETH just below $1,900,” the analyst…