A widely followed crypto analyst is leaning bearish on Ethereum (ETH) despite the digital asset recently showing strength. In a new strategy session, pseudonymous crypto trader Credible Crypto tells his 441,400 followers on the social media platform X that Ethereum is rapidly approaching a trouble area when paired against Bitcoin (BTC).
Investors are shifting gears, pouring record funds into spot Ether ETFs and showing increased confidence in Ethereum's potential. On November 29, spot Ether ETFs brought in a jaw-dropping $332.92 million in daily inflows, blowing past Bitcoin ETFs for the first time. It wasn't even close.
Amid the increasing bullishness in the crypto market, Bitcoin, Ethereum, and XRP price trends are on an explosive path. Bitcoin inches closer to $100k, XRP is at its 52-week, and Ethereum presents a new breakout run.
Spot Ether exchange-traded funds (ETFs) in the United States saw a record $332.9 million in daily inflows on Friday. The post U.S. Spot Ether ETFs Hit Record Daily Inflow of $332M appeared first on Cryptonews.
Crypto market data suggests a bullish momentum for Ether, with Bybit analysts anticipating a breakout above $4,000 before January 20, 2025. This projection is based on a significant increase in institutional interest and trading volumes.
Cryptocurrency trader Ali Martinez is leaning bullish on Bitcoin (BTC) while offering his forecast for Ethereum (ETH) and Dogecoin (DOGE).
The crypto markets are about to enter the final phase of the year, where the volatility is expected to spike heavily. As a result, the majority of the cryptos, specifically altcoins, are trying to rise above their pivotal resistance, which may further assist them in marking new highs during the upcoming bull run.
Spot Ether ETFs in the United States have hit a record high in daily inflows, surpassing spot Bitcoin ETFs inflows on the same day by around $2.9 million.
The spot Ethereum ETFs witnessed one of the largest daily inflows while overtaking the spot Bitcoin ETFs on Friday. This is the first time that Ether ETFs have achieved this milestone, since launch, showing a shift in investor sentiment.
Bitcoin and Ethereum, which crypto is winning the race in 2024?
Jim Cramer advocates for bitcoin and ethereum as key portfolio assets, citing their appeal amid rising U.S. debt and their potential to navigate fiscal challenges.
Ethereum (ETH) stands at the forefront, capturing attention with its upward price trajectory. With bullish momentum brewing and institutional interest rising, Ethereum appears poised to break significant resistance levels.
The Ethereum Foundation (EF) has announced a substantial financial commitment, investing “tens of millions” of dollars into advancing zero-knowledge Virtual Machines (zkVMs), a cutting-edge technology poised to enhance scalability and security within the Ethereum ecosystem.
Boyaa now holds more than 3k BTC after converting Ethereum into Bitcoin
Cryptocurrency markets are closing Friday strong, with Bitcoin's performance paving the way for altcoin gains. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,590 +2.8% Ethereum (CRYPTO: ETH) $3,600 +1.0% Solana (CRYPTO: SOL) $242.66 +2.8% Dogecoin (CRYPTO: DOGE) $0.4355 +9.6% Shiba Inu (CRYPTO: SHIB) $0.00002621 +4.0% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 22.6% and daily active addresses falling by 8%.
Data shows that open interest on Ethereum derivatives contracts has recently exploded upward to a new all-time high of $23 billion, up from around $7 billion at the beginning of the year, in an upward move that one analyst suggest is “guaranteed for heavy fireworks.
Boyaa's stash of 3,183 Bitcoin is worth $310 million as of this writing, making the firm Asia's largest BTC treasury reserve holder.
Ethereum (ETH) continues to surge past key resistance levels, analysts are setting ambitious price targets for the cryptocurrency. Recently, Ethereum broke through significant hurdles at $3,350 and $3,400, before climbing to a multi-month peak of $3,688.
An Ethereum user known as p0pular.eth was able to lure Freysa, a highly developed AI, into transferring its prize pool of 13.19 ETH ($47,000). Freysa had been designed not to allow any transfer of funds, which made this achievement rather remarkable in the world of blockchain.
Ether, the second largest crypto after by market cap, might be hustling for a second act — and looks like it's Donald Trump's presidency that could light the fuse. Ethereum and its ETFs have surged 49% since November 5, beating Bitcoin's 38% rise in the same period.
Ethereum is gaining momentum, with rising prices, reduced exchange supply, and increasing active addresses signaling bullish potential.
A notable surge in activity puts analysts' eyes back on Ethereum. Can the Ethereum network catch up to and surpass Solana?
A notable surge in activity puts analysts' eyes back on Ethereum. Can the Ethereum network catch up to and surpass Solana?
Ethereum is grappling with a critical resistance level at $3,659 as momentum appears to wane. After a period of steady gains, the cryptocurrency has moved into a consolidation phase, with bulls struggling to push it higher.
It has been a memorable Q4, from pro-crypto candidate Donald Trump's win in the US election to the exploding crypto market. Despite the slight dip in price, Solana (SOL) regained $240 while Avalanche (AVAX) picked up steam. At the same time, interest in IntelMarkets (INTL), a new AI coin, skyrocketed.
Bitcoin price struggles to overtake $100,000, but the predictable price action is creating a path forward for many altcoins.
Grayscale Investments' head of research Zach Pandl expects Ether to benefit more than Bitcoin as Donald Trump takes the office in January. Trump has already promised regulatory clarity and more accommodative policies for digital assets.
Ethereum surged 33% this month, fueling debates about its $4,000 potential as analysts weigh in on its path forward.
A crypto enthusiast known as p0pular.eth has successfully convinced an AI agent named Freysa to transfer its entire prize pool of 13.19 ETH, approximately $47,000 USD, into their possession.
As Bitcoin (BTC) edges closer to the much-anticipated $100,000 milestone, the cryptocurrency market is back in the global spotlight. A sharp 45% rally since the U.S. presidential election has brought Bitcoin within $1,000 of the six-figure mark on November 22, sparking renewed enthusiasm among investors.
Bitcoin's dominance in the crypto market has recently decreased, falling below 57%, while Ethereum has experienced a significant increase! Discover the reasons behind this change.
Despite the recent Bitcoin crash, Ethereum (ETH) price trades today at as of . Surprisingly, ETH performance during the recent crash is much better than most altcoins.
Ethereum (ETH) is once again in the news, but this time it's good news for buyers. Recent data shows that over 90% of Ethereum users are now making money because the price of the cryptocurrency has risen to impressive levels.
Ethereum ETFs have recently outperformed their Bitcoin counterparts in terms of net inflows over the last four trading days. According to data, Ether ETFs recorded net inflows of $224.9 million between November 22 and November 27, while Bitcoin ETFs accumulated only $35.2 million during the same period.
Ethereum (ETH) could be poised for a new record high as the second-ranked cryptocurrency by market cap mimics Bitcoin's (BTC) past bull run.
Ethereum [ETH] has recently seen an impressive surge in institutional interest, with CME Futures Open Interest (OI) reaching a record high of 662,600 ETH, or approximately $2.5 billion. This marks a significant jump from the 350,950 ETH recorded earlier in November, just before the U.S. Presidential elections.
Ether has been showcasing incredible performance this bull season. A streak of inflows into the US-listed spot Ether ETFs, the rising activity on the Ethereum blockchain, and the increased institutional interest could all drive Ether to beat its three-year-old price record in the coming months.
Ethereum reached $3,688 on November 28, its highest in six months. That's big news, but it didn't stay there long. The market took a breather, and ETH slid back to $3,580. Still, it ended the week with a 5% gain, which isn't too shabby, considering the wild 18% jump earlier.
Ethereum Foundation invests millions in zkVMs for scalability and security. Projects include zkRISC-V, Poseidon cryptanalysis, and L2beat zkVMs.
A top analyst who accurately called the end of the 2022 crypto bull market thinks Ethereum (ETH) is poised to rally in both its Bitcoin (ETH/BTC) and US dollar pairs. Pseudonymous analyst Pentoshi tells his 826,200 followers on the social media platform X that ETH/BTC looks good after respecting its support at 0.30 BTC.
Ethereum futures market dynamics suggest that ETH is not overheated and still has more room for growth, driven by demand from spot ETFs.
In a latest development, Chinese gaming giant Boyaa Interactive, listed on the Hong Kong Stock Exchange, has made a significant move swapping Ethereum for buying Bitcoin, adding to the current wave of massive surge in institutional interest.
Ethereum Foundation revealed its plans to invest $10 million into zero-knowledge Virtual Machine protocols
Bitcoin ETFs received a remarkable $103 million in net inflows. This surge, amounting to 1,119 BTC, highlights the continued interest in Bitcoin as a long-term store of value.
TL;DR Over $10 billion in Bitcoin and Ethereum options are set to expire today, potentially causing short-term crypto market volatility. Put-to-call ratios indicate bullish sentiment among traders, with more preference for call options in both BTC and ETH.
The Ethereum Foundation is preparing to invest tens of millions into zkVMs (Zero Knowledge Virtual Machines). The development has been revealed by Justin Drake, who is a researcher at the organisation. In a separate development, yesterday, Ethereum co-founder Jeffrey Wilcke moved over 20,000 ETH to Kraken, triggering concerns across the cryptocurrency market.
Data shows the Ethereum Open Interest has recently observed a sharp jump to a new all-time high (ATH) of around $16.8 billion. Ethereum Open Interest Has Shot Up Recently In a new post on X, CryptoQuant community analyst Maartunn has discussed about the latest trend in the Ethereum Open Interest.