Ethereum spiked earlier today, rising by about 3% in an hour as the market digested news of the Securities and Exchanges Commission (SEC) approving a new combined bitcoin and ethereum ETF by Bitwise.
Ethereum remains in a consolidation phase after breaking out of a symmetrical triangle, but bullish momentum is yet to be confirmed. A decisive move above $3,678 could validate further upside potential toward $4,085.
The crypto market is preparing for a big options expiry event of $10 billion. Derivative market traders turned bearish as Bitcoin dropped below the $100k mark this week.
Ethereum (ETH) heeft na de recente FOMC-aankondiging een sterk herstel laten zien, met een stijging van 5,35%. Historische data tonen aan dat de koers vaak snel terugveert na volatiliteit, soms met winsten tot 34%.
Amid increasing whale interest, price of Ethereum jumps overnight. With a potential breakout rally over horizon, should you consider buying more ETH like Donald Trump's WLF?
The crypto market slipped back into the red, with most cryptocurrencies trading lower. Bitcoin (BTC) is down nearly 1% over the past 24 hours, trading around $104,360.
Ethereum's price has broken above $3,200 amid a 37% increase in network activity, forming a bullish pennant pattern as analysts eye the $4,000 resistance level while maintaining strong support between $2,230 and $2,610 with 62.27 million ETH concentrated in this range.
A widely followed analyst and trader is offering his outlook on the two largest crypto assets by market cap.
Spot Bitcoin and Ethereum exchange-traded funds (ETFs) in the US saw inflows of approximately $655 million on Jan. 30, reflecting a strong rebound in investor interest. The surge comes after the US Securities and Exchange Commission's (SEC) approval of a Bitwise fund offering exposure to both assets.
Bitwise's new ETF will focus solely on Bitcoin and Ethereum, with Coinbase as the digital asset custodian and Bank of New York Mellon handling cash custody.
More than $10 billion in Bitcoin and Ethereum options are set to expire today as the crypto market could be bracing for strong volatility ahead of the US Jobs data release next week. The Bitcoin price is currently flirting around $104,500 staying relatively flat after FOMC's decision to keep interest rates ahead this week.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) Ethereum could not hold above $3,300, and its price fell by 4% this week.
Long a standout in the crypto scene, Ethereum begs numerous questions about whether it can still reach the sought-after $10,000 milestone.
Bitcoin exchange-traded funds in the U.S. recorded a significant jump in inflows, while Ether ETFs showed signs of recovery after three days of weak flows. According to data from SoSoValue, the 12 spot Bitcoin ETFs drew in $588.
This Geth update addresses an issue in the peer-to-peer (p2p) layer that could potentially lead to denial of service attacks.
The SEC's “accelerated approval” grants NYSE Arca to list and trade shares of the hybrid Bitwise's fund that holds spot Bitcoin, Ethereum, offering dual crypto exposure. The post US SEC Approves NYSE Arca's Proposal to List Bitwise Joint Bitcoin and Ether ETF appeared first on Cryptonews.
Ethereum's MVRV ratio dip might mean potential correction, testing key support between $2,230 and $2,610.
The crypto market will witness $10.31 billion in Bitcoin and Ethereum options contracts expire today. This massive expiration could impact short-term price action, especially as both assets have recently declined.
Crypto prices were jittery on Friday, but Bitcoin (BTC) remained resilient near the $104,000 mark. The global cryptocurrency market cap is down around 0.93%, reaching $3.54 trillion. This comes as the market awaits the release of the December US PCE (Personal Consumption Expenditures) inflation data on January 31.
The US Securities and Exchange Commission (SEC) has given initial approval for Bitwise's spot Bitcoin (BTC) and Ethereum (ETH) Exchange-Traded Fund (ETF).
Ethereum (ETH) analysts predict a surge toward $4,500 amid bullish signals, Trump's ETH purchases, and key technical breakouts.
Ethereum appears to be regaining momentum, showing a notable recovery after reclaiming the $3,200 level. The asset has surged over 5% in the past day, pushing its market capitalization and daily trading volume higher.
Ethereum price started a fresh increase above $3,220. ETH is now consolidating and might eye more gains above the $3,270 resistance zone.
The US Securities and Exchange Commission (SEC) has approved a key part of an application for a new exchange-traded fund (ETF) that would track Bitcoin and Ethereum, the two largest cryptocurrencies. Bitwise Asset Management's Bitcoin and Ethereum ETF aims to provide investors with exposure to both digital assets, weighted by their respective market capitalizations.
The U.S. Securities and Exchange Commission (SEC) has approved Bitwise's Bitcoin and Ethereum ETF, offering investors exposure to both cryptocurrencies. The approval, granted on an “accelerated basis” on Thursday, allows the fund to track both spot Bitcoin (BTC) and Ethereum (ETH) based on their market capitalization.
The US securities regulator has given the initial nod to Bitwise's ETF tracking Bitcoin and Ether, weighted according to their relative market capitalizations.
The U.S. Securities and Exchange Commission (SEC) has approved the listing and trading of the Bitwise Bitcoin and Ethereum exchange-traded fund (ETF). This decision allows NYSE Arca to list and trade shares of the fund, which will hold both Bitcoin and Ethereum alongside cash reserves.
The crypto market's veterans are getting nervous - but beneath Ethereum's seemingly calm surface at $3.1K, accumulation data tells a different story.
On-chain data shows the Ethereum Market Value to Realized Value (MVRV) Ratio has just seen a signal that could prove to be bearish for ETH's price. Ethereum MVRV Momentum Has Witnessed A Bearish Crossover As pointed out by analyst Ali Martinez in a new post on X, the Ethereum MVRV Ratio has declined under its 160-day moving average (MA) recently.
After a recent explosive rally, XRP has calmed down and is currently trading at $3.10. Although momentum appears to be slowing down, the asset has managed to maintain its position above important support levels.
The SEC approved a filing from NYSE Arca to list and trade shares for Bitwise's combined bitcoin and Ethereum exchange-traded fund.
The fund gives investors exposure feature exposure to both spot bitcoin and ether, weighted by market capitalization.
Crypto analyst Ted has given his Ethereum price prediction, revealing when ETH will rally to as high as $10,000. This provides a bullish outlook for the second-largest crypto, which has underperformed for a while now.
Ethereum's reserves have dropped to a six-year low, reflecting a noticeable shift in market dynamics as buying pressure increases across spot exchanges. This shift has become particularly important given the uncertainty in the broader cryptocurrency market.
Cryptocurrency markets are rising on Thursday, fueled by positive developments in the broader market and a 25-basis point rate cut announced by the European Central Bank. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $105,646.53 +1.9% Ethereum (CRYPTO: ETH) $3,271.23 +4.4% Solana (CRYPTO: SOL) $240.29 +2.7% XRP (CRYPTO: XRP) $3.13 +1.3% Dogecoin (CRYPTO: DOGE) $0.3344 +1.2% Shiba Inu (CRYPTO: SHIB) $0.0000188 +1.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 27.9% and daily active addresses up by 1.3%.
Ethereum price remains above $3,000, signaling potential for further gains as market sentiment improves. On-chain data reveals large investors accumulating ETH, indicating confidence in a possible rally.
Solana's market maturity and liquidity could accelerate broader crypto ETF adoption, enhancing market stability and investor confidence. The post Solana's market structure mirrors Bitcoin and Ether, strengthening its bid for US ETF approval appeared first on Crypto Briefing.
Wallets holding $159 million in ETH have informally voted Danny Ryan, an Ethereum researcher, to be the next leader of the Ethereum Foundation.
Ethereum (ETH) has been facing increasing volatility in the market, particularly with a widening gap in price action between Bitcoin (BTC) and ETH. As digital assets and web3 protocols gain mainstream adoption, the historical correlation between Bitcoin's bull runs and the altcoin season is weakening.
Ethereum should be able to reach the low to mid-4000s before we see the next pullback from where the rally to $10000 can start in earnest.
The market momentum for bitcoin ETFs continued after a sluggish start to the week, with Wednesday's inflow hitting $92 million. Bitcoin ETFs Attract $92 Million in Fresh Inflows On Wednesday, Jan. 29, bitcoin exchange-traded funds (ETFs) experienced a net inflow of $92.09 million, according to data from Sosovalue.
Ethereum's price action is showing signs of an impending breakout as it moves back and forth within a falling wedge pattern on the daily candlestick time frame chart. According to an analysis first posted on the TradingView platform, this formation is a strong bullish signal that could push the Ethereum price toward $3,800 if history repeats itself.
Unlike past bull cycles, Ethereum lacks speculative whale activity.
Ethereum (ETH) is showing signs of a potential price correction, with its Market Value to Realized Value (MVRV) ratio dipping below a critical 160-day moving average. This metric, which tracks the relationship between Ethereum's market value and its realized value, is signaling possible bearish trends, leading to concerns about a 40% price drop.
Unlike its previous program, Kraken's revamped staking service ensures regulatory compliance and enhanced security, backed by third-party insurance.
The SEC fined Kraken $30 million back in 2023 and forced it to shut down a similar staking product for U.S. customers.
With the successful completion of the trial, ABN AMRO and 21X are contributing to Europe's digital asset revolution, with 21X securing its place as one of the first regulated exchanges in the region.