Tag: Ether

Crypto whale liquidated for $308M in leveraged Ether trade

boss

A large cryptocurrency trader, known as a whale, lost more than $308 million on a leveraged Ether position, underscoring the risks of leveraged trading during volatile market conditions. The unknown crypto trader was liquidated on their 50x leveraged long position for over 160,234 Ether (ETH), worth more than $308 million at the time of writing, Hypurrscan data shows. Leveraged positions use borrowed money to increase the size of an investment, which can boost the size of both gains and losses, making leveraged trading riskier compared to regular investment positions. The…

Crypto ETFs Remain Under Pressure With $371 Million in Outflows for Bitcoin and $22 Million for Ether

boss

On Tuesday, March 11, bitcoin ETFs experienced net outflows of $371 million, marking a full week of consecutive withdrawals. Ether ETFs also faced challenges, with $22 million in net outflows, extending their streak to five days. Market Caution Prevails With Bitcoin and Ether ETFs Seeing Continued Withdrawals Investors continued to reassess their positions in bitcoin […] Original

Cboe seeks to add staking to Fidelity’s Ether ETF

boss

Securities exchange Cboe BZX is seeking permission from US regulators to incorporate staking into Fidelity’s Ether exchange-traded fund (ETF), according to a March 11 filing.  The filing marks Cboe’s latest attempt to support staking for the Ether (ETH) funds traded on its US exchange.  Cboe’s proposed rule change would allow Fidelity Ethereum Fund (FETH) to “stake, or cause to be staked, all or a portion of the Trust’s ether through one or more trusted staking providers,” the filing said. The Fidelity Ethereum Fund is among the most popular Ether ETFs,…

Yuga exec warns about ‘true bear market’ Ether price as whales scramble

boss

Yuga Labs’ vice president of blockchain has warned that Ether could drop as low as $200 in a prolonged bear market, a 90% decline from its current price. In a March 11 post on X, the executive, known as “Quit,” pushed back against analysts who suggest $1,500 as a possible bottom for Ether (ETH). Instead, Quit argued that a true bear market could see ETH fall significantly lower, similar to previous market cycles. “A true bear market target, if we’re just getting started, would be ~$200-$400. That’s an 80% drawdown…

BBVA gets regulatory nod to offer Bitcoin and Ether trading in Spain

boss

Banco Bilbao Vizcaya Argentaria (BBVA) announced on March 10 that it had received the nod from Spain’s securities regulator, the Comisión Nacional del Mercado de Valores (CNMV), to offer Bitcoin (BTC) and Ether (ETH) trading services to its customers.  Spain’s second-largest bank’s crypto offerings in Spain will enable users to buy, sell and manage digital assets through its mobile app. The lender said it will use its own cryptographic key custody platform to maintain full control over customer holdings without third-party involvement.  Initially, the rollout will be limited to a…

Trump-linked WLFI triples Ether holdings, Solana sees $485M outflows: Finance Redefined

boss

The blockchain platform linked to United States President Donald Trump took the crypto market downturn as an investment opportunity, tripling its Ether holdings in a week ahead of the White House’s first Crypto Summit on March 7. Meanwhile, Solana was hit by nearly half a billion dollars worth of outflows in February as cryptocurrency investors sought safer investments following a wave of memecoin scams and rug pulls. Trump’s WLFI tripled Ether holdings in a week amid market downturn The decentralized finance (DeFi) platform linked to US President Donald Trump significantly…

Ether sentiment hits yearly low but that could be a good thing: Santiment

boss

Social sentiment over Ether has hit a new low for the year as the price underperforms that of other cryptocurrencies; however, this could signal that it’s ready to bounce back, according to Santiment.  Santiment’s social sentiment tracker found that traders’ discussions about Ether on various social media channels like X, Reddit and Telegram are more bearish compared to other major cryptocurrencies, the blockchain data platform said in a March 5 X post. “For those patiently holding their Ether, the bearishness being projected across social media is a good sign of…

Bitcoin ETFs Witness $38 Million Outflow as Grayscale Withdrawals Hit Ether ETFs Hard

boss

On March 5, Bitcoin ETFs experienced net outflows of $38 million, with Valkyrie’s BRRR leading the withdrawals. Ether ETFs faced even larger outflows, totaling $63 million, primarily due to significant withdrawals from Grayscale’s ETHE. Midweek Outflows: Crypto ETFs Experience Significant Withdrawals In a week marked by significant market fluctuations, bitcoin and ether exchange-traded funds (ETFs) […] Original

Trump’s WLFI tripled Ether holdings in a week amid market downturn

boss

The decentralized finance (DeFi) platform linked to US President Donald Trump significantly increased its Ether holdings over the past week as the cryptocurrency’s price briefly dipped below $2,000. Trump’s World Liberty Financial (WLFI) DeFi platform has tripled its Ether (ETH) holdings over the past seven days as ETH fell below the $2,000 psychological mark, reversing from $1,991 on March 4, Cointelegraph Markets Pro data shows. ETH/USD, 1-month chart. Source: Cointelegraph Data provided by Arkham Intelligence shows WLFI now holds about $10 million more in Ether than a week earlier. Its…

Ether ETFs Break 8-Day Outflow Trend With $15 Million Inflow as Withdrawals Continue for Bitcoin ETFs

boss

Bitcoin ETFs experienced net outflows of $143 million, with major funds like Fidelity’s FBTC and Ark 21Shares’ ARKB leading the declines. In contrast, Ether ETFs ended an eight-day outflow streak, attracting $15 million in net inflows, primarily driven by Fidelity’s FETH. Bitcoin ETFs See Another Day of Withdrawals With Positive Rebound for Ether ETFs On […] Original