Bitcoin Falls, Ether Decreases, and Support Seems Lacking: Crypto Daybook Americas
In the last day, the cryptocurrency market has shown notable weakness, likely influenced by bearish options pricing and a steady dollar index. Bitcoin’s price is now at approximately $112,797.34, while Ethereum has dropped about 2.6% to $4,162.70, with some reports indicating a decline of over 6%. The general market sentiment, as reflected in the Coindesk […]
Bitcoin and Ether may experience a significant shift in the next three months, according to Tom Lee
Bitcoin and Ether Set for Major Gains Tom Lee, the co-founder of FundStrat and chairman of Bitmine, recently shared insights on the anticipated rallies of Bitcoin and Ether in the fourth quarter of this year, thanks to the easing of monetary policies in the US. According to Lee, both Bitcoin (BTC) and Ether (ETH) prices […]
$300M hacker from Coinbase purchases $18.9M in Ether as ETH rises past $4,700
Coinbase Hacker’s Wallet Makes Significant Ether Purchase Recent Onchain data shows that the wallet associated with the notorious Coinbase hacker has acquired over $18.9 million in 3,976 ether, at a price of $4,756 per token. This transaction is set to take place on Saturday and will be funded by 18.911 million DAI, according to information […]
BBVA partners with Ripple for institutional custody of Bitcoin and Ether in Europe
Ripple Expands Services in Spain with BBVA Partnership Ripple, the U.S.-based blockchain company known for the XRP cryptocurrency, is set to provide cryptographic supervision services to the Spanish banking giant, Banco Bilbao Vizcaya Argentaria (BBVA). In a recent announcement, Ripple disclosed its agreement to offer cryptographic protection services to BBVA, which aligns with the bank’s […]
Crypto ETFs See Withdrawals as Ether Funds Lose $912M: Report
Crypto Investment Products See Marked Decline in September Coinshares data reports that the trading volume for Crypto Investment Products took a downward turn in early September, decreasing by 27% within a week. This lack of trading activity has resulted in a significant outflow, with Crypto Funds experiencing a $352 million decrease over the past week. […]
Ether ETFs experience a continuous week of outflows during a small price drop
Recent Trends in Spot Ether ETFs During a trading week shortened by the US Labor Day, Spot Ether Exchange-Traded Funds (ETFs) experienced net outflows for four consecutive days. This follows a strong performance in August, where Spot Ether (ETH) ETFs saw net inflows of $3.87 billion, in contrast to Bitcoin (BTC) ETFs, which recorded outflows […]
Possible rise of Ether to $5.5K linked to limited supply and positive ETH futures outlook
Market Insights on Ether Supply and Futures Key Points: More than 70% of the ether supply is currently staked, contributing to a generally optimistic outlook. In August, an ether whale acquired over 411,000 ETH. Open interest for Binance ETH futures stands at over $8.4 billion, despite a recent drop to around $4,300. In August, the […]
Bitcoin ETFs see a rise while Ether funds suffer as investors seek safety.
Spot Bitcoin ETFs Outperform Ethereum in Inflows On Tuesday, Spot Bitcoin Exchange-Traded Funds (ETFs) recorded a noteworthy net inflow of $332.7 million, significantly outpacing Ethereum ETFs, which saw net inflows of $135.3 million, based on data from SOSOValue. Fidelity’s FBTC led the way with an impressive $132.7 million. BlackRock’s IBIT followed closely with $72.8 million […]
Who will have the most Ether in 2025? The ETH wealth rankings are shown.
Key Insights: Approximately 61% of all ETH is concentrated within just 10 addresses, though many of these belong to contracts, exchanges, or funds, rather than individual holders. Nearly half of all ETH is owned by a single smart contract linked to a beacon deposit agreement, which enhances Ethereum’s verification system. Big firms like BlackRock and […]
Ether ETFs reach $13.7B as investments rise and corporate holdings expand
Growth of Ether Spot ETFs and a Shifting Landscape Ether Spot Exchange-Traded Funds (ETFs) have seen consistent growth since their introduction in the US back in July 2024, and there’s also been an uptick in Treasury holdings related to Tokens. The funds tied to Ether (ETH) surged by 44% this month, jumping from $9.5 billion […]