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 (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…
Bitcoin ETFs experienced a significant inflow of $275 million, signaling a gradual recovery, while ether ETFs continued their outflow trend with a $7 million withdrawal, marking the 9th consecutive day of declines. Bitcoin ETFs Bounce Back with Key Inflow as Ether ETFs Persist in Outflow Streak After an over two weeks of persistent outflows, bitcoin […] Original
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 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…
Bitcoin ETFs saw a net outflow of $143 million on Thursday, March 13, resuming their downward trend, while ether ETFs continued their decline with a $74 million outflow, marking seven consecutive days of losses. More Outflows as Crypto ETFs Face Continued Withdrawals After a brief respite, bitcoin exchange-traded funds (ETFs) resumed their outflow trend, with […] Original
Bitcoin ETFs recorded a net inflow of $13 million, ending a seven-day streak of outflows, with Ark 21Shares’ ARKB leading the gains. In contrast, Ether ETFs continued their decline, marking a sixth consecutive day of outflows totaling $10 million. Bitcoin ETFs See Modest Gains as Ether ETFs Extend Losses After a challenging week marked by […] Original
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…
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
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,…