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news-imageDecember 11, 2024

Ethereum Battles Bearish Retail Sentiment Amid Surging ETF Demand

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.
Publisher: NewsBTC
Sentiment: Negative
ETH

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Positive
cover-imageCrypto Reporter
December 11, 2024

Ethereum & Polygon Are Picking Pace In Q4 But This Web3 Crypto Could Deliver Over 40,000% Returns

Ethereum's recent surge past $3,200 highlights renewed investor confidence, driven by favorable economic conditions and growing demand. Polygon is also making headway by strengthening its cross-chain capabilities, enabling seamless asset integration across networks like Ethereum and Solana. But Web3 is truly taking strides in reshaping e-commerce.

Positive
cover-imageCoingape
December 11, 2024

4 Crypto To Hold Before Ethereum Kickstarts Alt Season

The altcoin season could begin anytime from now as Bitcoin dominance declines. As the leading altcoin, Ethereum will usher in this season, but there are other altcoins investors should be looking to hold as they could record significant gains during this period.

Positive
cover-imageCryptonews
December 11, 2024

Ethereum Price Bounces Back to $3,800 – New ATHs Coming This Month?

Bulls are back in control of the crypto market on Wednesday, with the Ethereum (ETH) price rallying over 4% back towards $3,800 in wake of the latest US inflation figures all but confirming that the US Federal Reserve will cut interest rates by another 25 bps later this month. The post Ethereum Price Bounces Back to $3,800 – New ATHs Coming This Month? appeared first on Cryptonews.

Positive
cover-imageUToday
December 11, 2024

BlackRock Ethereum ETF Climbs to Top 4 With Record Inflows

Yesterday, Dec. 10, BlackRock's Ethereum ETF (ETHA) made a big splash, landing in the top four ETF launches of 2024, according to Nate Geraci, President of the ETF Store. With a daily net inflow of around $81.6574 million, ETHA has seen consistent growth over the past 12 days, making it a key player in the highly competitive cryptocurrency landscape.

Positive
cover-imageBitcoin
December 11, 2024

Big Money Bets on Crypto: $745M Pours Into Bitcoin and Ethereum ETFs in a Single Day

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.

Neutral
cover-imageBenzinga
December 11, 2024

Mark Cuban Once Called These Lesser-Known Cryptos His 'Favorite' Outside Of Bitcoin And Ethereum — Here's How They've Fared Since The Shark's Disclosure

Billionaire entrepreneur and popular television personality Mark Cuban, while known for his investments in top cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), has not shied away from parking his money in lesser-hyped coins. What happened: During an Ask Me Anything session on X back in January, the popular “shark” revealed that Polygon (CRYPTO: MATIC), now rebranded to POL, and Injective (CRYPTO: INJ) were his favorite cryptocurrency projects outside of Bitcoin and Ethereum.

Positive
cover-imageBenzinga
December 11, 2024

Bitcoin To $200,000, Ethereum To $7,000, Solana To $750 In 2025, Predicts Bitwise

Bitwise Investments has outlined an ambitious outlook for 2025, predicting Bitcoin (CRYPTO: BTC) will surpass $200,000 while Solana (CRYPTO: SOL) emerges as a major player in decentralized finance (DeFi) and meme coin ecosystems. What Happened: These forecasts, among other bold predictions, underscore the continued evolution and mainstream adoption of cryptocurrencies.

Negative
cover-imageCrypto news
December 11, 2024

Ethereum price still weak despite strong ETF inflows

Ethereum has shown resilience in the face of recent market challenges, as evidenced by the consistent positive net flows into the asset's exchange-traded funds. According to data from Farside Investors, daily inflows into spot Ethereum (ETH) ETFs in the U.

Positive
cover-imageNewsBTC
December 11, 2024

Bitwise Forecast: Bitcoin, Ethereum, And Solana Poised For Record Highs In 2025

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.

Positive
cover-imageNewsBTC
December 11, 2024

Ethereum Accumulation Addresses Hit $78B: What's Next for ETH's Price?

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, seems to be drawing attention as analysts observe market metrics that indicates the possible next move for ETH. Recent data from CryptoQuant has highlighted patterns in accumulation and exchange-traded fund (ETF) inflows, providing a detailed look at Ethereum's potential trajectory as it underperforms relative to Bitcoin in the current cycle.

Neutral
cover-imageBenzinga
December 11, 2024

Goldman Sachs CEO Says Bank Can Consider Bitcoin, Ethereum Spot Trading If Regulations Allow

Goldman Sachs Group Inc. (NYSE:GS) CEO David Solomon said on Tuesday that the investment banking giant might explore becoming a spot market maker for leading cryptocurrencies if more regulatory clarity is provided. What happened: At the Reuters NEXT event, Solomon stated that the firm's ability to participate in spot trading for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) was "extremely limited" from a regulatory point of view.

Negative
cover-imageCryptoGlobe
December 10, 2024

Top Signal? Ethereum Foundation Sells $374,000 ETH on Decentralized Exchange

The Ethereum Foundation, the non-profit organization funding the critical development of Ethereum-related technology, has moved 100 Ether (ETH) tokens other than decentralized exchange CowSwap. The funds were then sold for the DAI stablecoin. According to data from on-chain analysis service Lookonchain, the Ethereum Foundation has sold a total of $12.

Negative
cover-imageBenzinga
December 10, 2024

Bitcoin, Ethereum, Dogecoin Double Down On Losses But One Indicator Gives Bulls Hope

Cryptocurrency markets are trading lower in Tuesday as markets continue their correction. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,035.77 -0.97% Ethereum (CRYPTO: ETH) $3,639.93 -3.9% Solana (CRYPTO: SOL) $212.60 -4% Dogecoin (CRYPTO: DOGE) $0.3882 -9.6% Shiba Inu (CRYPTO: SHIB) $0.00002583 -11.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 116% and daily active addresses growing by 6.8%.

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