Ether holds a slight edge over Bitcoin in the short-term as social media chatter around the cryptocurrency is less overheated, says sentiment platform Santiment. “The $ETH crowd hasn’t shown nearly as much bullishness despite significantly better performance over the past 3 months,” Santiment said in an X post on Friday amid the ETH/BTC ratio, which measures Ether’s (ETH) relative strength against Bitcoin (BTC) being up 32.90% over the past 30 days, according to TradingView. Ether fell short of reclaiming 2021 all-time highs “The current outlook shows a slightly more bullish…
Tag: Ether
Bullish IPO Soars, Pantera Bets Big, BitMine Eyes $24.5B Ether Haul
The 2024–2025 crypto bull market will be remembered for many things: the runaway success of Bitcoin exchange-traded funds, the surge in institutional adoption, and a wave of industry IPOs. Digital asset exchange operator Bullish is the latest crypto-native company to join the IPO rush, aiming to replicate the public market success of stablecoin issuer Circle and Bitcoin-friendly design platform Figma, which recently went public. Bullish’s case stands out: The company has raised its IPO price multiple times, signaling strong investor demand. Its Securities and Exchange Commission (SEC) filing revealed early…
Ether Treasury Race Accelerates With $24.5B BitMine Raise, as US Debt Hits $37T: Finance Redefined
The institutional Ethereum treasury race is accelerating, as two of the biggest corporate Ether holders are raising billions of dollars to acquire more of the world’s second-largest cryptocurrency. Public Bitcoin mining firm BitMine Immersion Technology is raising $24.5 billion through an at-the-market (ATM) stock offering, while SharpLink completed a $389 million capital raise from common shares. Whales, or large crypto holders, have also been accumulating ahead of this week’s key US inflation reports. A new entity acquired $1.3 billion worth of Ether (ETH) across 10 fresh cryptocurrency wallets, surpassing the…
$640 Million Flows Into Ether ETFs as Bitcoin ETFs Notch 7th Day of Gains
Ether exchange-traded funds (ETFs) scored another $640 million in inflows, marking their eighth consecutive day in the green, while bitcoin ETFs logged a seventh straight day of gains with $231 million despite sharp outflows in several major funds. Record-breaking trading volumes underscored the market’s feverish pace. Ether ETFs Extend Streak to 8 Days With Bitcoin […] Original
BlackRock Bitcoin, Ether ETFs Buy the Dip Amid 5% Price Correction
Key points: BlackRock’s Bitcoin and Ether ETFs bought over $1 billion on Thursday while prices tanked 5% or more. Institutions are interested in “buying the dip” on both assets, a reaction says. Bitcoin has almost filled its latest CME futures gap with a trip to near $17,200. Bitcoin (BTC) hovered at $119,000 into Friday’s Wall Street open as attention focused on institutional buyers. BTC/USD one-hour chart. Source: Cointelegraph/TradingView BlackRock buys the dip as liquidations pass $500 million Data from Cointelegraph Markets Pro and TradingView showed BTC/USD protecting the daily open…
Bitcoin rises above $120,000 ahead of key inflation data: CNBC Crypto World
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io On today’s episode of CNBC Crypto World, bitcoin retakes the $120,000 level after an overnight rally, while ether jumps above $4,000 for the first time since December 2024. Plus, Chainlink partners with NYSE parent company Intercontinental Exchange to bring foreign exchange and precious metal pricing data onto the blockchain. And, Stephen Pair, co-founder and CEO of BitPay, discusses the trend of companies looking to accept crypto payments. Chapters: 0:00 – Introduction 0:23 – Bitcoin rises 1:13 – The headlines 4:11 – BitPay’s…
Ether Price May Wobble If Fed Doesn’t Cut Rates: Analysts
Ether’s recent rally to over $4,700 is being largely propped up by expectations of a US federal rate cut in September, which could prove disastrous if it doesn’t eventuate, crypto analysts warn. “The main issue right now is that the whole market move is based on an assumption that the Fed will give the market a rate cut next month,” Swyftx lead analyst Pav Hundal told Cointelegraph on Thursday, as Ether (ETH) continues to trade at only 2.80% below its 2021 all-time high, according to CoinMarketCap data. Market participants are…
Bitcoin and Ether Are Primed for New All-Time Highs
Key points: Bitcoin takes another shot at price discovery as volatility returns with Wall Street traders. Crypto liquidations pass $500 million in 24 hours. Ether comes within $150 of new all-time highs as institutional interest surges. Bitcoin (BTC) sought new all-time highs at the Wednesday Wall Street open as institutional demand punished late shorts. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Bitcoin, altcoin volatility liquidates $500 million Data from Cointelegraph Markets Pro and TradingView showed BTC/USD piercing the $122,000 mark before cooling. Up 1% on the day, the pair faced resistance around…
Ether May Climb Above $8,500 On A $150,000 Bitcoin Move: Trader
A math-based scenario is getting attention in markets this week. According to experts, Ether’s market value has historically moved to about 30–35% of Bitcoin’s market cap during major bull runs. Related Reading If Bitcoin climbs to $150,000 from its current price of $119,250, that ratio would put Ether near $8,656 at the top end of the model. At the time of writing, Ether was up 8% in a 24-hour price move, hitting $4,630 for new weekly high. Bitcoin was up a percent, and slowly closing in the key $120,000 region,…
Ether May Tap Above $8.6K If Bitcoin Reaches $150K: Trader
Ether could climb to over $8,600 if Bitcoin makes a highly anticipated move to $150,000, according to a trader’s analysis of past bull market trends. “In major bull runs, ETH typically hits 30-35% of Bitcoin’s [market cap],” crypto trader Yashasedu said in an X post on Tuesday, noting that in the 2021 bull run, Ether (ETH) rose to reach 36% of Bitcoin’s then-market capitalization. Analysts predict Bitcoin surpassing $150,000 Yashasedu said that if Bitcoin (BTC) reaches $150,000 — a roughly 25% increase from its current price of $119,335 — then…