Tag: Ether

Spot Ether ETFs End 19-Day Inflow Streak with First Outflow

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US-based spot Ether exchange-traded funds (ETFs) have posted the first net outflow day after a record 19-day streak of consecutive inflows. On June 13, spot Ether (ETH) ETFs recorded net outflows of $2.1 million, ending the longest inflow streak since the products’ launch in July 2024, according to Farside data. Streak beats previous record by a single day The streak began on May 16, excluding the market closure on May 26 for US Memorial Day.  The ETFs accumulated a total of $1.37 billion in inflows over the 19-day streak, representing…

SharpLink Buys 176K Ether For $463 Million

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Sports betting platform SharpLink Gaming has acquired 176,271 Ether for $463 million, becoming the world’s largest publicly traded holder of ETH. In a Friday announcement, the Nasdaq-listed company said the Ether (ETH) acquisition was funded through a combination of private placement and at-the-market equity sales, including $79 million raised since May 30. The average acquisition price came in at $2,626 per coin. The company said over 95% of its ETH is now deployed in staking and liquid staking platforms, earning yield while contributing to Ethereum’s network security. “This is a…

Bulls vs Bears: Ether Whales Accumulate as Price Crashes 9%

Key Notes ETH fell 8.2%, triggering a $28 billion drop in market cap and heavy liquidations. Despite the panic-selling among retailers, whale accumulation increased. Analysts suggest that ETH is still consolidating in a bullish channel. Ethereum ETH $2 528 24h volatility: 7.6% Market cap: $305.15 B Vol. 24h: $41.09 B experienced a sudden flash crash on Friday, plunging below the key $2,600 support level to trade around $2,518 at press time. The drop wiped out nearly 8.2% of ETH price in just 24 hours, slashing over $28 billion from its…

Here’s why Ether price could hit $4,000 in June.

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Key takeaways: Ether’s price has rallied 108% to $2,880 since April 9.  ETH futures open interest hit all-time highs of $20 billion, signaling bullish sentiment. Ether’s bullish cup-and-handle pattern targets $4,200. Ether (ETH) price gained 108% between April 9 and June 11, reaching $2,880 for the first time since Feb. 8. This significantly outperformed the broader cryptocurrency market, which rose by 49% during the same period. Moreover, Ether futures open interest rose to its highest level on June 12, leading traders to speculate whether ETH price could also rally to…

BITCOIN Hits $107,000, Crowd Sentiment Insight Like A True Rally, Altcoin Market’s Turn After ABC

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Blockchain Backer Newsletter – Blockchain Backer’s Technical Analysis Toolkit for Crypto – Blockchain Backer 702 Digital Art NFT Collection on XRP – Hi, I am the Blockchain Backer, bringing you the latest cryptocurrency news and analysis. The content of my channel primarily focuses on crypto news, motivation, and chart analysis on the XRP chart, Bitcoin chart, various Altcoin charts, and market cap charts. DISCLAIMER: I am not a financial adviser. Investing and trading is risky, and you can lose your money. The…

Crypto ETF Surge: Bitcoin and Ether Funds Attract Over $550 Million as Inflows Continue

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Bitcoin ETFs recorded another impressive inflow of $431 million, solidifying their recovery streak, while ether exchange-traded funds (ETFs) celebrated their 17th consecutive day of gains with a fresh $124.93 million inflow, pushing total net assets beyond the $10 billion milestone. Bitcoin ETFs Post Second Day of Strong Gains As Ether ETFs Mark 17 Days of […] Original

Bitcoin Uncertainty Waters For Q3, Ether May Outperform: Analysts

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The market’s expectation of Bitcoin surging to new highs could prevent it from happening in the near term, but that doesn’t rule out the possibility of Ether surprising investors, analysts say. Santiment analyst Brian Quinlivan told Cointelegraph on Wednesday that the analytics firm is “seeing an anticipation for Bitcoin’s next ‘all-time high’ across social media. Since markets move the opposite direction of retail’s expectations, this usually is a sign that we aren’t quite ready for another bullish surge yet.” Bitcoin’s “frustrating” close calls may lead to aggressive upswing Quinlivan suggested…

ETH Short Liquidations May Send Ether Price to $3K

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Key takeaways: An Ethereum whale made $31 million in two ETH trades in the last 44 days. Unique Ethereum addresses surged by 70% in Q2, with the Base network leading activity growth. Ether (ETH) is on the verge of breaking its monthly range, hitting a 15-week high of $2,827 on June 10. A daily close above $2,700 would mark its highest since Feb. 24. After a month-long price consolidation between $2,300 and $2,800, one Ethereum whale capitalized on the recent rally. According to an X post from onchain tracker Lookonchain,…