On Tuesday, spot bitcoin and ethereum exchange-traded funds (ETF) attracted a notable $745.3 million in combined inflows. The two groups of funds saw steady participation, emphasizing continued investor interest in these assets. Bitcoin ETFs Lead the Pack: Cumulative Inflows Skyrocket to $34.35 Billion On Dec. 10, 2024, spot bitcoin ETFs pulled in $439.56 million in […] Original
Este artículo también está disponible en español. In a recent report, crypto exchange-traded fund (ETF) issuer and asset manager Bitwise unveiled bold predictions for Bitcoin and the broader cryptocurrency market by 2025, highlighting the significant performance of major cryptocurrencies throughout this year. A Stellar Year For Bitcoin And Major Cryptos Bitcoin reached an all-time high of $104,000 at the start of the month, marking a staggering increase of 141.72% year-to-date, driven largely by the historic launch of spot Bitcoin ETFs in the United States, which amassed $33.56 billion in assets. …
Ethereum (ETH) continues to experience pullback in its price as it recently tested the $4,000 resistance level, a key psychological price mark for the cryptocurrency. Amid this correction, bearish tendencies among investors on Binance have surfaced. A recent analysis by CryptoQuant analyst Darkfost highlights a significant trend where Binance’s taker buy-sell ratio for Ethereum turned “sharply negative” at the $4,000 mark. This suggests that traders on the exchange have predominantly adopted a selling stance. Ethereum Tug of War According to Darkfost, the bearish sentiment on Binance has persisted since the…
Goldman Sachs is unopposed to expanding its Bitcoin or Ethereum participation in an accommodating regulatory environment. Original
Bitcoin and Ethereum whales are looking to capitalize on the market-wide downturn as the leading assets are trading at a discount. Bitcoin (BTC) fell 1.4% in the past 24 hours and is trading at $97,300 at the time of writing. The flagship cryptocurrency touched an all-time high of $103,700 last week. Ethereum (ETH) dropped 3.3% and is currently changing hands at $3,750 — the leading altcoin broke the $4,000 mark on Dec. 6 for the first time in nine months. As both of the leading assets witnessed price drops, whales…
Este artículo también está disponible en español. Ethereum price corrected gains below the $3,880 zone. ETH is now recovering some losses and facing hurdles near the $3,800 resistance zone. Ethereum started a downside correction below $3,880 and $3,800. The price is trading below $3,880 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,815 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $3,600 support zone. Ethereum Price Dips…
Este artículo también está disponible en español. Ethereum (ETH) continues to hover around the critical $4,000 resistance level, a price point many believe could determine the cryptocurrency’s next major move. However, a strong weekly close has sparked optimism among analysts, suggesting that ETH could be on track to reach a new all-time high (ATH) soon. Ethereum Heading To New ATH? Experts Weigh In While cryptocurrencies like Bitcoin (BTC), Solana (SOL), and XRP have experienced explosive growth this year, ETH’s price momentum has been relatively subdued. According to CoinGecko, Ethereum has…
Ethereum, the second-largest crypto by market capitalization, has recently demonstrated strong bullish momentum, breaching above $4,000. It is worth noting that its price rally has been accompanied by a significant spike in its funding rates, a critical metric reflecting sentiment in the futures market. The metric, analyzed by CryptoQuant analyst ShayanBTC, has reached levels not seen since January 2024. This surge in funding rates suggests a growing optimism among traders, with many anticipating the possibility of Ethereum reaching new all-time highs. But Is A Correction On The Horizon? Despite this…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Five altcoins are set to challenge Bitcoin and Ethereum, potentially reshaping the crypto market landscape. A new surge in the cryptocurrency market is on the horizon. Five alternative coins are positioned to potentially surpass the performance of Bitcoin and Ethereum. This anticipated shift could redefine the digital currency landscape. What are these promising tokens, and what factors could drive them ahead of the market leaders? Explore the details to…
Kicking off the week, meme coins are stealing the spotlight amid a widespread dip in the crypto economy. Monday’s trading saw tokens like pepecoin network, fartcoin, and baby doge coin pulling ahead as the few standouts in an otherwise lackluster market. Several Meme Tokens Thrive Despite 3.4% Market Decline The broader crypto economy has dropped […] Original