As Ethereum and XRP collapse, whales start to buy: Sign of a bull run? – AMBCrypto News
The supply of Ethereum held by top addresses has increased rapidly. Indicators suggested that buying pressure on XRP is high. The recent market crash has caused the prices of most cryptocurrencies to fall. Ethereum [ETH] and ripple [XRP]. While the value of these tokens declined, whales took advantage of the opportunity to increase their holdings. […]
Ethereum: These 4 ‘culprits’ fueled sell-offs, 7% price fall – AMBCrypto News
Institutions sold $105 million worth of ETH during the latest correction On-chain data suggests the decline could be a buying opportunity before a new rally begins Four whales, including prominent institutional investors, participate in the sale of some Ethereum [ETH] Holdings decreased as altcoin prices collapsed on the charts. In fact, ETH has fallen by […]
What Is Berachain? The Latest Ethereum, Solana Challenger to Raise Big Money – Decrypt
Pseudonymous founders with bear-themed names have raised $100 million in funding for Berachain, a layer-1 blockchain built on Cosmos technology. The Series B funding round, announced on Friday, was co-led by investment management platform Brevan Howard Digital and crypto-native VC firm Framework Ventures. Additional backers include Polychain Capital, Samsung Next, Hack VC, Hashkey Capital, and […]
Paradigm leads $225 million round for Monad Labs, which is building a layer-1 blockchain to take on Ethereum and Solana – Fortune
As the cryptocurrency market resurges, various blockchains are vying to be the solution to drive demand in the next wave, just as Bitcoin and Ethereum have been in previous cycles. New entrant Monad Labs has received additional funding from investors such as Electric Capital and Greenoaks to build a layer-1 blockchain to compete with competitors […]
What Makes JPMorgan Confident in Ethereum ETF Success – BeInCrypto
JPMorgan is confident about the U.S. Securities and Exchange Commission’s (SEC) final green light for its Spot Ethereum exchange-traded fund (ETF). Despite earlier this year pegging the chance of approval by May as less than 50%, optimism persists within the company. Increased probability of Ethereum ETF approval Nikolaos Panigirtzoglou, managing director and global market strategist […]
Ethereum below $4K: Whales are buying the dip, should you? – AMBCrypto News
Whale transactions worth more than $100,000 increased significantly in March. This optimism may stem from the CFTC classifying ETH as a commodity. Despite significant events like the Dencun upgrade, Ethereum [ETH] It underperformed in March, gaining just 0.79% in 30 days. The second-largest cryptocurrency faced strong resistance at $4,000 and fell to $3.500 at the […]
Bitwise Enters Race for Ethereum Spot ETF – Decrypt
Cryptocurrency investment company Bitwise today applied to the Securities and Exchange Commission (SEC) to offer a Spot Ethereum ETF. Bitwise joins an increasingly crowded field of companies vying to bring the first Ethereum Spot ETF to market, following the successful launch of the Bitcoin Spot ETF earlier this year. by S-1 registration form The proposed […]
Crypto Market Sees Red as Bitcoin, Ethereum, Solana Dip Ahead of Halving – Decrypt
Cryptocurrency markets opened Friday covered in red. Several coins, including Bitcoin, Ethereum, and Solana, fell in morning trading. This could be a sign of increased volatility ahead of Bitcoin’s halving, as traders try to determine whether they have priced in this event correctly. And as Bitcoin progresses, other markets generally follow suit. According to CoinGecko, […]
Ethereum Could Top $14,000 Next Year Alongside Bitcoin Boom: Standard Chartered – Decrypt
British multinational Standard Chartered isn’t just bullish Bitcoin—Ethereum Analysts say it also plans to go to the moon. The bank’s Monday report claims the second-largest digital asset could reach $8,000 by the end of this year and $14,000 by 2025. This means that if a physical Ethereum exchange-traded fund (ETF) is approved, Jeffrey Kendrick, the […]
Coinbase Met With SEC Over Grayscale's Proposed Ethereum ETF – Decrypt
America’s largest cryptocurrency exchange met with the Securities and Exchange Commission last week over Grayscale’s proposed Spot Ethereum (ETH) exchange-traded fund. Publicly traded Coinbase made a presentation to Wall Street’s top regulator where it discussed Grayscale’s proposed product, according to a document filed Wednesday by the regulator. show. In October, crypto fund manager Grayscale filed […]