For the first time since its approval, Ethereum exchange-traded funds (ETFs) have recorded monthly inflows surpassing $1 billion, signaling a significant rise in institutional interest. This milestone coincides with ETH's price climbing to $3,700, raising expectations for further gains in the near future.
Ondo Finance (CRYPTO: ONDO), a tokenization-themed cryptocurrency with ties to BlackRock , has surged over 35% in the last 24 hours. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Ondo Finance (CRYPTO: ONDO) $1.71 $2.2 billion +38.9% +75.4% Maker (CRYPTO: MKR) $2,178.34 $1.9 billion +14.6% +26.7% MANTRA (CRYPTO: OM) $3.85 $3.5 billion +10% +7.
Despite the recent Bitcoin crash, Ethereum (ETH) price today trades at as of . Surprisingly, ETH performance during the recent crash is much better than most altcoins.
In a research note released recently by Gautam Chhugani, a Senior Analyst at AB Bernstein, Ethereum's recent underperformance is presented as an opportunity rather than a setback. Chhugani's comprehensive analysis explores Ethereum's supply mechanisms, institutional adoption, and staking dynamics, presenting a case for a favorable risk-reward outlook. 1.
Digital asset exchange Coinbase is pushing back against accusations that it isn't supporting Ethereum's (ETH) scaling roadmap. The top US crypto exchange came under fire online after it announced last week that it wouldn't support Celo's (CELO) upcoming migration from a standalone layer-1 chain to an Ethereum layer-2.
“This outcome is crucial for all onchain activity,” wrote Mads Eberhardt, an analyst at Steno Research.
The trading volume of popular cryptocurrency XRP on the leading U.S. crypto exchange over the past 24 hours has temporarily exceeded the combined turnover of Bitcoin (BTC) and Ethereum (ETH) today.
TL;DR Vitalik Buterin proposes the integration of privacy solutions such as ZK-SNARK and the adoption of Layer 2 (L2) to improve the efficiency and security of ETH wallets. Buterin suggests incorporating private transfers and the management of a “private balance” in a privacy pool within wallets.
Ethereum co-founder Vitalik Buterin shared his expectations and standards for the future of Ether wallets.
While Beam Chain focuses on the consensus layer, complimentary upgrades to Ethereum's execution and data availability layers are also in the works.
With this shift, dtcpay aims to deliver a more scalable and compliant payment ecosystem while adapting to evolving consumer needs.
Vitalik Buterin plans to simplify the Ethereum wallet future with cross-L2 transactions, optimized gas payments, and QR code standardization.
TL;DR Bernstein highlights that the potential approval of an Ethereum ETF with staking in the U.S. could raise staking yields from 3% to 4-5%. Inflows into ETH ETFs have surpassed those of BTC since November, reflecting greater confidence in ETH's supply and demand dynamics. Ethereum leads in Total Value Locked (TVL) with $89 billion.
In a recent essay, Ethereum's renowned creator Vitalik Buterin sketched out what he calls the perfect crypto wallet — a piece of tech that seamlessly balances security, usability, and privacy, all while embracing Ethereum's decentralized ethos.
Singaporean digital payment provider dtcpay announced that it will exclusively support stablecoins for its payment services by 2025, dropping Bitcoin and Ethereum in the process.
The integration of Chainlink's CCIP with Mantle Network could significantly enhance blockchain interoperability, fostering innovation and expanding multi-chain ecosystems. The post Ethereum layer 2 Mantle Network taps Chainlink to strengthen cross-chain capabilities appeared first on Crypto Briefing.
Dtcpay, a Singapore-licensed cryptocurrency payment platform, has announced that it will phase out support for Bitcoin (BTC) and Ethereum (ETH) by the end of 2024 and focus solely on fiat and stablecoin transactions starting in January 2025. This move reflects Dtcpay's commitment to offering a more secure, predictable, and regulatory-compliant payment solution.
In a recent essay outlining his vision for the ideal wallet, Vitalik Buterin, the mastermind behind Ethereum (ETH), did not hold back when it came to addressing the darker side of crypto history. Buterin offered a vision for improving security, privacy and the user experience, but he also did not miss a chance to take a slight dig at Sam Bankman-Fried, the former FTX CEO whose actions led to the collapse of the exchange and the evaporation of billions in user funds.
Record-breaking ETF inflows signal growing institutional interest, with Ethereum outpacing Bitcoin in recent performance.
Bitcoin (BTC) continued to trade in a range, oscillating between $94,000 and $98,000, maintaining its price over the past ten days, even though other prominent cryptocurrencies registered substantial gains.
Ethereum is showing strong bullish momentum, driven by an influx of buyers. However, as the price nears a significant resistance level at $4K, market participants should anticipate a period of consolidation with the potential for heightened volatility.
If approved, ETH ETF staking yield could surge from 3% to 4-5%, attracting more institutional players.
Bernstein Research predicts Ethereum ETFs may include staking yields under a more crypto-friendly SEC.
Bitcoin and Ethereum's Relationship Is Doing Something Not Seen Since April 2021 -- It Could Trigger a Big Move for the World's Second-Largest Cryptocurrency
Ethereum's price increased 44% over 30 days, supported by declining exchange supply and increased whale accumulation, while currently trading above $3,600 with key resistance at $3,650.
Ethereum (ETH) institutional products have surged to a yearly all-time high, exceeding $2.2 billion. Digital asset institutional flows have moved upward in the last two months.
Ethereum-based investment products have set a record for 2024, reaching $2.2 billion in net inflows, surpassing the $2 billion high in 2021, according to CoinShares.
XRP saw a record $95 million inflow, driven by hype surrounding the potential for a US ETF launch.
As Bitcoin remains stagnant at nearly $96k, the bullish trend in the Ethereum price halts slightly above $3600. Struggling to pick up pace, the ETH price trend consolidates between 20 and 50 EMA lines in the 4-hour chart. Based on the current price action, a breakout of either EMA line will determine the upcoming trend.
Ethereum (ETH) now offers an attractive risk-reward ratio, according to analysts at research and brokerage firm Bernstein. Despite underperforming compared to other major cryptocurrencies like Bitcoin (BTC), Solana (SOL), and XRP for most of 2024, Ethereum's strong fundamentals may set the stage for a potential rally.
The latest Digital Asset Fund Flows Weekly Report from CoinShares has provided valuable insights into the current stance of cryptocurrency investment. The report reveals that digital asset investment products recorded inflows totaling $270 million last week, contributing to a record of $37.3 billion in inflows for the year.
Ethereum price is moving higher from the $3,550 zone. ETH is showing bullish signs and might soon aim for a move above the $3,680 resistance zone.
Ethereum pared some of its gains after a minor sell-off. It hit a high of $3,762 yesterday and is currently trading at around $3,595.
Inflows indicate a maturing market, with ETFs emerging as the favored instrument for traditional finance to access Bitcoin and Ethereum.
Is Ethereum poised for an explosive run after its recent ETF and price surge?
The second-largest cryptocurrency in the world, Ethereum, has seen a major inflow from the financial market, with a total of $2.2 billion this year. According to CoinShare's published report on Dec.
Digital assets manager CoinShares says institutional investors have now allocated nearly $40 billion to crypto products this year. In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto investment products saw a surge in net inflows that brought yearly flows to $37.3 billion last week, a new record.
Ethereum (ETH) stands at a crossroads. After losing 2.54% in a single day, the cryptocurrency is teetering on the edge of the $3,550 support zone.
Analysts said that two of the biggest cryptocurrencies in the world are riding on the waves of positive sentiments as the exchange-traded funds of Bitcoin and Ethereum reached record highs. The pro-cryptocurrency stance of US President-elect Donald Trump continues to fuel the positive outlook, propelling BTC and ETH to attain unprecedented levels.
Cryptocurrency markets are trading lower on Monday, with selected altcoins recording significant gains. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,068.16 -0.98% Ethereum (CRYPTO: ETH) $3,618.32 -2% Solana (CRYPTO: SOL) $224.74 -4.5% Dogecoin (CRYPTO: DOGE) $0.4257 -0.5% Shiba Inu (CRYPTO: SHIB) $0.00002918 -4.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 12.5% and daily active addresses falling by 12.4%.
The cryptocurrency ETF landscape revealed a striking contrast between Bitcoin (BTC) and Ethereum (ETH), reflecting shifting investor sentiment. While Bitcoin spot ETFs saw $135.1 million in outflows, Ethereum spot ETFs experienced a surge of $466.5 million in inflows.
Three years after being acquired by Nike and launching both digital and physical sneakers featuring the iconic swoosh, RTFKT is closing down.
Whale activity surges, signaling bullish momentum for Ethereum, with $4,000 now in sight.
Ethereum (ETH) price has jumped 43.88% in the last 30 days, showing strong momentum. The declining supply of ETH on exchanges suggests that holders are becoming more confident, moving their tokens to long-term storage.
The research firm considers ETH an attractive investment opportunity, citing rising investor interest relative to Bitcoin.
Traders are buying Bitcoin price dips below $95,000, but will it be enough to prevent a sharper correction in BTC and altcoins?
Investor sentiment has recently shifted away from Bitcoin and toward Ethereum, based on fund flow data from CoinShares.
Ethereum (ETH) markets are heating up, as bullish narratives grow surrounding the second largest crypto by market cap, although ETH holders are increasingly accumulating a new “hidden” meme coin before it lists on exchanges. The post Ethereum Holders Quietly Accumulate This “Hidden” Meme Coin Before it Lists on Exchanges appeared first on Cryptonews.