Tag: Ether

Bitcoin Price (BTC) Rose 1.9% While Ether Price (ETH) Gained 2.0%

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Bitcoin ETFs record nearly $500m inflows over five days, Ether ETFs continue positive streak

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Spot Bitcoin ETFs in the U.S. marked their fifth straight day of net inflows, with spot Ether ETFs also registering inflows for a second consecutive day. Data from SoSoValue shows that the 12 spot Bitcoin ETFs recorded net inflows of $105.84 million on Sept. 25, marking the fifth consecutive day of positive inflows. Over this period, the funds have accumulated more than $496.56 million. BlackRock‘s IBIT, the largest Bitcoin ETF, led the inflows for the second consecutive day with $98.9 million flowing into the fund, bringing its total net inflows…

Bitcoin Price (BTC) Rose 0.8% While Ether Price (ETH) Gained 0.1%

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Bitcoin Price (BTC) Rose 0.2% While Ether Price (ETH) Fell 1.5%

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Spot Bitcoin ETF inflows tumble, Ether ETFs shed $79.3m

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Spot Bitcoin exchange-traded funds in the U.S. experienced a significant drop in net inflows on Sept. 23, while spot Ether ETFs ended their two-day inflow streak. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged net inflows of $4.56 million, 95% lower than the $92 million inflows recorded the previous trading day. Fidelity’s FBTC led the lot again with $24.9 million in inflows following nine days of positive flows and one day of neutral flows seen by the fund. BlackRock’s IBIT, the largest BTC ETF, followed with $11.5…

Bitcoin More Appealing to Investors as Ether ETFs Record Worst Outflows Since July

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“TradFi investors may not respond as enthusiastically to ETH’s investment thesis than to BTC’s. Gold’s investment thesis as an inflation hedge is well-known, and therefore, it is not a leap for TradFi investors to wrap their heads around the idea of ‘digital gold,” Chung said in a message to CoinDesk, referring to an August report by the firm on the topic. “On the other hand, ETH’s ‘world computer’ narrative is much more difficult for non-technicals to grasp. Original

Bitcoin Price (BTC) Rises 0.7% While Ether Price (ETH) Jumps 3.9%

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Ether (ETH) Leads Post-Fed Crypto Market Rally as Yen (JPY) Weakness Sparks Risk-On Frenzy

Following the FOMC decision, several key macro assets have reacted positively. The U.S. Dollar Index (DXY) rose by 0.36%, pushing the index back above 101, a level widely regarded as vital. Meanwhile, the USD/JPY exchange rate, which had dropped to around 141 just before the Fed’s announcement, has since climbed to approximately 143.5. The weakening yen has further bolstered risk-on assets, including cryptocurrencies. Source