Chicago-based Cosmos Health, a publicly traded, vertically integrated global healthcare company, is diving into the crypto space by incorporating digital assets into its treasury reserves. A Publicly Traded Healthcare Firm’s Bold Plan to Add Bitcoin to Its Treasury On Monday, the company announced through a series of press releases issued online that it would follow […] Original
Este artículo también está disponible en español. Ethereum price started a consolidation phase near the $3,000 zone. ETH is slowly moving higher and might aim for a fresh surge above $3,220. Ethereum is consolidating and facing hurdles near $3,220. The price is trading above $3,150 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $3,130 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $3,220 resistance zone. Ethereum…
Este artículo también está disponible en español. Ethereum price started a downside correction below the $3,150 zone. ETH is now consolidating near $3,120 and might attempt a fresh increase. Ethereum started a short-term downside correction below the $3,150 zone. The price is trading below $3,200 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance at $3,120 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains stable above the $3,040 zone. Ethereum Price Eyes…
The US-based spot Ethereum ETFs have continued to experience a high market interest following Donald Trump’s emergence as the next US President. As institutional investors continue to position themselves for a massive crypto bull run, these Ethereum ETFs have now registered over $500 million in weekly inflows for the first time since their trading debut in July. Meanwhile, the spot Bitcoin ETFs maintain a splendid performance, closing another week with over $1 billion in inflows. Spot Ethereum ETFs Notch Up $515M Inflows To Extend 3-Week Streak According to data from ETF…
Este artículo también está disponible en español. Ethereum has witnessed a huge surge in on-chain activity in the past week, with data showing an accumulation trend from crypto exchanges. According to on-chain analytics platfrom IntoTheBlock, about $1 million worth of Ether was withdrawn from crypto exchanges last week. This shift suggests that investors are adopting a holding strategy, even as the Ethereum price consolidates below $3,200. Related Reading Notably, the last time Ethereum had outflows of this magnitude was in May 2023. The massive exodus of ETH from exchanges could…
Este artículo también está disponible en español. Ethereum (ETH) is gearing up for an explosive bullish phase after decisively breaking above the crucial $3,000 mark. This milestone has fueled optimism among traders and investors, signaling a potential surge to new all-time highs. ETH’s recent price action demonstrates strong momentum, suggesting that the second-largest cryptocurrency by market cap is ready to reclaim its place in the spotlight. Renowned analyst and investor Carl Runefelt has bolstered this bullish outlook with a compelling technical analysis. Sharing his insights, Runefelt pointed out Ethereum’s impressive…
Amidst Bitcoin’s new all-time high of $93,434.36, the non-fungible token (NFT) sales volume has surged by 94.1% to $178.8 million. The global cryptocurrency market capitalization has reached $3.03 trillion, marking a 4% increase over the last day. Bitcoin (BTC) has also retraced slightly, currently trading at $91,295. The last week’s NFT sales volume stood at $96.1 million. However, according to recent data from CryptoSlam, the NFT sales have nearly doubled. NFT sales volume skyrocketed to $178.8 million Ethereum (ETH) blockchain dominates with $67.5 million in sales (130% increase) Bitcoin maintains…
Este artículo también está disponible en español. While Bitcoin has faced strong bullish momentum in recent weeks, achieving new all-time highs consistently for days, Ethereum has been an underperformer, unable to catch up with BTC’s bullish pace. Even compared to other crypto assets (altcoins) in the market, Ethereum has failed to make a major rally that melts faces. Instead, as Bitcoin achieved a peak above $93,000, leading the overall crypto market in a bullish market, Ethereum has only been able to surge to just $3,396 over the same period BTC…
Stablecoins, which are cryptocurrencies with their price anchored to government-issued currencies, are increasingly popular for payments across the globe, offering a more efficient and cheaper way to move money. As countries roll out regulations for the asset class, more banks are getting interested in issuing their own stablecoin. Spanish bank BBVA, for example, said it plans to issue a stablecoin on Ethereum next year using payment firm Visa’s tokenization platform. Source
Asset manager Grayscale, in a report in April, argued that Ethereum is “meaningfully decentralized and credibly neutral for network participants, likely a requirement for any global platform for tokenized assets” and, therefore, has the best chances among smart contracts to benefit from tokenization. Source