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Tag: Ether
SharpLink Buys 10,000 ETH from EF as Ether Reclaims $3K
The Ethereum Foundation sold 10,000 Ether through an over-the-counter deal just before the cryptocurrency briefly regained the $3,000 mark. In a Friday X post, the Ethereum Foundation said it had finalized the terms of a 10,000 Ether (ETH) sale at an average price $2,572.37 via an over-the-counter transaction. At the time of writing, Ether traded nearly 16% higher, hovering just below $3,000. “Our OTC counterparty was Sharplink Gaming,” the foundation said. In a separate Friday announcement, SharpLink Gaming said it paid over $25 million for the ETH. The transaction was…
$1B Crypto Shorts Wiped, Bitcoin and Ether Continue Rally
Bitcoin short-sellers were pummeled on Thursday as the cryptocurrency surged to new all-time highs, resulting in more than $1 billion in short positions liquidated in 24 hours. CoinGlass data shows that $1.01 billion in crypto short positions were liquidated, impacting 232,149 traders. This included approximately $570 million in Bitcoin (BTC) shorts and $206.93 million in Ether (ETH) shorts. Bitcoin liquidations totaled $590.04 million over the past 24 hours with only $20.21 million being long positions. Source: CoinGlass The liquidations came as Bitcoin clocked a new record high for the second…
ETH Treasury Buys and ETF Flows Back Ether Rally Toward $3K
Key point: An ETH treasury purchase by SharpLink Gaming boosted investor sentiment, clearing the path for a potential rally to $3,153. Ether (ETH) price entered a strong uptrend this week, leading many analysts to predict a rally to $3,000 before the end of July. These traders cite an uptick in spot ETH ETF inflows and multiple corporate Ether treasury announcements as a primary factor in the recent bullish momentum. SharpLink Gaming said it had purchased 7,689 Ether (ETH) between June 28 and July 4, at an average price of $2,501.…
Coinbase shares rise as investors anticipate U.S. stablecoin rules: CNBC Crypto World
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io On today’s episode of CNBC Crypto World, bitcoin and ether are little changed as investors assess the Fed’s next move on interest rates and President Trump’s strategy for the Israel-Iran conflict. Plus, Coinbase rises after the company shuffles its EU hub to Luxembourg and investors await U.S. stablecoin rules. And, Phil George of EarnOS discusses why brands could could look to stablecoins in the future. Chapters 00:00 – CNBC Crypto World, June 20, 2025 0:25 – Crypto prices little changed 0:56 –…
Bitcoin ETFs Score 5th Day of Inflows as Ether ETFs Hit Record-Breaking Volume
Bitcoin exchange-traded funds (ETFs) secured their fifth straight day of inflows with $218 million, led by Blackrock and Ark 21shares. Ether ETFs saw an even bigger day, raking in over $211 million as trading volume hit an all-time high. $429 Million in Combined Inflows on Breakout Trading Day for Bitcoin and Ether ETFs The crypto […] Original
Ether Rally To $3K Possible As ETF Flows, Futures OI Soar
Key takeaways: Ether closed above $2,700 for the first time in a month. Declining BTC dominance and a pivotal 72-hour window for ETH could confirm the start of an altcoin season. Ether (ETH) closed above $2,700 on Wednesday for the first time in four weeks, signaling continued bullish momentum. The upward move continued into Thursday, with ETH maintaining a strong higher time frame structure, setting the stage for a rally toward the $3,000 psychological level. Data analytics platform Swissblock noted that the current scenario for Ether against Bitcoin is much…
Sen. Tim Scott says crypto market structure bill will be done by end of September: CNBC Crypto World
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io On today’s episode of CNBC Crypto World, shares of crypto miner Core Scientific continued to climb for a second day following reported buyout talks with AI infrastructure giant CoreWeave. Plus, Sen. Tim Scott shares a timeline for a bill establishing rules for U.S. crypto markets. And, Ric Edelman, founder of the Digital Asset Council of Financial Professionals, explains why he’s calling for financial advisors to allocate up to 40% to crypto in portfolios. Chapters: 00:00 – CNBC Crypto World, June 27, 2025…
Ether, Dogecoin Lead Crypto Gains as Firms Signal ‘Prime’ Breakout
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA. He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook…
Crypto ETF Momentum Holds: Bitcoin Adds $80 Million, Ether Nets $46 Million
Bitcoin exchange-traded funds (ETFs) locked in another green day with $80 million in net inflows, as Blackrock’s IBIT continued to dominate. Ether ETFs also maintained their upward trend, pulling in $46.63 million and pushing net assets just over $11 billion. Bitcoin ETFs Extend Green Streak As Ether ETFs Hit $11 Billion in Net Assets Investor […] Original