The total cryptocurrency market hits a new all-time high of $3.025 trillion as bitcoin consolidates around $92,000. Original
Bitcoin's Correlation to U.S. Equities and Ether Weakens: Van Straten
Tag: Ether
Ether ETFs in the Black for the First Time After 5 Days of Inflows
After that, the ether ETFs did not enjoy the same response as their bitcoin equivalents had done in January. Grayscale’s Ethereum Trust (ETHE), which already had over $8 billion in assets at the time of listing, began experiencing outflows that were not offset by flows into the other funds. Source
Ether (ETH) ETF Inflows Hit Record, Bitcoin ETF Inflows Soar as BTC Price Eyes $90K
“Assets in the US spot bitcoin ETFs are now up to $84b, which is 2/3 of the way to what gold ETFs have, all the sudden there’s a decent shot they surpass gold before their first birthday (we predicted it would take 3-4yrs),” Eric Balchunas, a senior analyst at Bloomberg, said in a post on X. Original
Bitcoin ETFs bring in $1.1b as Ether ETFs see record inflows
U.S. Spot Bitcoin ETFs continued their inflow streak on Nov. 11, recording the second time daily inflows surpassed $1 billion this month. Since the start of November, a total of $4.96 billion has flown into Bitcoin ETFs according to SoSoValue data. The recent uptick in demand followed Donald Trump’s victory in the U.S. elections which has sparked market-wide optimism across the broader sector. BlackRock’s IBIT led the market on Monday, drawing $756.4 million in new investments and extending its three-day streak of positive inflows, while also setting a record with…
Record Week for Crypto ETFs as Bitcoin and Ether Funds Settle Billions in Volume
As of Friday’s latest data, spot bitcoin and ether ETFs once again recorded positive inflows, capping off a groundbreaking week in the market. $293M in Bitcoin, $85M in Ether Inflows on Friday In the U.S., spot bitcoin ETFs pulled in $293.47 million in inflows on Friday alone. Leading the pack was Blackrock’s IBIT, with an […] Original
Ether (ETH) Blows Past $3K, Outperforms Bitcoin (BTC) After Trump’s Election Win and Fed Rate Cut
ETH, the world’s second-largest cryptocurrency by market value, surged past $3,000 on Saturday, reaching the highest since Aug. 2, according to CryptoX data. Prices have risen 23.39% this week, the biggest gain since May, outperforming BTC’s 11.2% gain by a significant margin. The total crypto market capitalization has increased by 13.5% to $2.5 trillion. Source CryptoX Portal
Swiss National Bank Chair Flags Crypto Risks, Calls Bitcoin and Ether a ‘Niche Phenomenon’
Swiss National Bank (SNB) Chairman Martin Schlegel has cautioned about cryptocurrencies like bitcoin and ether, describing them as volatile and energy-intensive, and highlighting links to illegal activities that complicate regulation. Speaking at an event hosted by Aargauische Kantonalbank in Brugg, Switzerland, Schlegel noted that, while virtual currencies have seen significant growth, they remain a “niche […] Original
Bitcoin Spikes to a New Record High, While Ether and Solana Rally Ahead of FOMC
“Beyond … bitcoin pushing to a fresh record high, the market should perhaps be paying attention to what could be a more bullish development,” Joel Kruger, market strategist at LMAX Group, said in a Thursday market update. “The crypto market is looking for a resurgence in the decentralized finance space, with Ethereum playing an important part in this initiative.” Source
Ether, Touted as Internet Bond, May Top $3K on Fed Rate Cut, Outperform Bitcoin
Elevated interest rates in the U.S. have dented ether’s appeal as the internet equivalent of a bond, offering a fixed-income-like return on staking. Source
Ether Surges 10% as Trump Victory Brings Back DeFi Bullishness
Investors say a Trump administration will favor DeFi applications and tokenomics more, given the family’s backing of World Liberty Finance – riling up DeFi-focused trades. Source