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Spot Ether ETFs are witnessing a remarkable surge in net inflows, flipping their total flows to positive territory for the first time since their launch in July. The post Ether ETFs Garner Another $135M Inflows After Record $295M Day appeared first on Cryptonews.
The price of Solana (SOL) has made a spectacular rise, reaching $214 this Sunday, its highest level since December 2021. This exceptional performance represents a staggering increase of 2,500% since its all-time low post-FTX, driven by optimism in the crypto market and technical advancements of the network.
Crypto asset manager Bitwise has acquired an Ethereum staking service to expand its portfolio offerings beyond its core business.
Ethereum's roadmap explores solutions like FOCIL and multi-proposer schemes to tackle issues like short-term censorship and proposer latency advantages, enhancing blockchain efficiency.
Donald Trump's election win is especially bullish for Ethereum, which has been held down by the SEC, says Consensys CEO Joe Lubin.
Solana is gaining ground on Ethereum with a surge in economic metrics, including transaction value and application revenue, positioning it as a strong competitor in the blockchain landscape.
Ethereum (ETH) has experienced a steady upward trend in recent weeks, with its price rising by over 40% since early November. As of now, Ethereum is priced at approximately $3,373.69, and some analysts, including Scott Melker, host of The Wolf of All Streets Podcast, believe that ETH could reach a new milestone of $6,000 by the first quarter of 2025.
Litecoin is partnering with Coinut, a Singaporean crypto exchange, to offer Wrapped Litecoin (WLTC) tokens on Ethereum. These tokens will increase interoperability between the two protocols with access to new features.
Almost $650 million has entered Ether ETFs over the past five trading days as the asset surged more than 30%.
PayPal's US Dollar-pegged stablecoin has integrated cross-chain bridge LayerZero to allow native transfers of PYUSD between the two networks.
Similar to how Gmail allows users to unsend an email, STXN's new time machine feature will allow crypto users to revert Ethereum transactions.
Similar to how Gmail allows users to unsend an email, STXN's new time machine feature will allow crypto users to revert Ethereum transactions.
The new platform, called the “Ethereum time machine,” extends Ethereum's programming capabilities by allowing smart contracts to execute transactions based on uncertain or not-guaranteed future events.
Ethereum price extended its increase above the $3,220 resistance. ETH is now consolidating and facing hurdles near the $3,450 resistance.
Ethereum has recently climbed to a major high above $3,400, reigniting enthusiasm among market participants and signaling a potential upward trend that may lead to a push above $4,000 toward a new all-time high. This optimism has been met with major speculation of ETH's price from the crypto community and analysts, who are observing key indicators within the market to assess the asset's trajectory.
Ethereum spot ETFs have hit a new record with $295 million in inflows on November 11, pushing the four-day total beyond $500 million. Fidelity and BlackRock ETFs led the way, capitalizing on a post-election price surge that has ETH nearing major milestones.
Spot Ethereum (ETH) exchange-traded funds (ETF) amassed $295.5 million in inflows on Nov. 11, their highest daily positive net flow since launch — bringing them $29 million away from positive net flows. According to Farside Investors data, Fidelity's FETH led the inflows, registering $115.5 million, while BlackRock's ETHA recorded the second highest inflows at $101.
PYUSD on Ethereum's market cap has remained relatively unchanged in recent months while the supply on Solana has plummeted from its high.
The proposal, if accepted, promises to bolster scalability and security.
At Devcon 2024 in Bangkok, Ethereum co-founder Vitalik Buterin outlined the platform's advancements and his vision for its future, focusing on decentralization, scalability, and inclusivity. In his keynote, Buterin presented Ethereum as the “world computer,” a foundational platform for a diverse digital economy.
Ethereum (ETH) funding rate has hit the highest level since March following a price increase above $3,400 earlier today. However, while ETH's price has since dropped, the bullish sentiment around the altcoins has remained elevated.
Cryptocurrency markets are trading higher, with Bitcoin ETFs recording another strong trading day. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $89,117.97 +3% Ethereum (CRYPTO: ETH) $3,279.31 -0.8% Solana (CRYPTO: SOL) $213.08 -2.4% Dogecoin (CRYPTO: DOGE) $0.3846 +20.5% Shiba Inu (CRYPTO: SHIB) $0.00002644 -3.3% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 60.7% and daily active addresses growing by 17%.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
According to a report by hedge fund Syncracy Capital, Solana now rivals Ethereum in almost every economic metric.
