ether

Grayscale’s ETHE Hemorrhages $2 Billion in Just 9 Trading Days

August 3, 2024 Bitcoin.com

bitcoin.com

On Friday, U.S. spot ethereum exchange-traded funds (ETFs) faced $54.27 million in outflows, a stark contrast to Thursday’s net inflow of $26.7 million, as indicated by recent data. Meanwhile, Grayscale’s Ethereum Trust (ETHE) has seen a reduction of over $2 billion in ethereum since July 23. U.S. Ether ETFs Shed $54.27 Million on Friday The […]

Read more

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

ARK buys $21M of 3iQ Ether staking ETF, dumps $14.6M of Coinbase stock

August 2, 2024 Coin Telegraph

3iq

Cathie Wood’s ARK has resumed active trading of crypto-related stocks like Coinbase, 3iQ Ether staking ETF, Robinhood and its own spot Bitcoin ETF.

Cryptocurrency-related trades are again gathering steam at Cathie Wood’s investment firm ARK Invest as it returned to trading tens of millions of dollars in crypto-related stocks and exchange-traded funds (ETF) in one day.

After resuming significant sales of Coinbase stock in July, ARK increased it’s sales selling in August, dumping 69,069 Coinbase shares on Aug. 1, according to trading data seen by Cointelegraph. Based on the stock’s closing price, the amount is worth $14.7 million, according to data from TradingView.

The transaction is ARK’s biggest Coinbase sale since early April and late March when the firm dumped around 60,000 Coinbase shares daily.

Read more

Read more

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Hong Kong’s Largest Online Broker Launches Retail Crypto Trading for 22 Million Users

August 2, 2024 Bitcoin.com

Bitcoin

Futu Securities International, Hong Kong’s largest online broker with 21.64 million users, has launched retail cryptocurrency trading. Hong Kong residents can now trade bitcoin and ether in either Hong Kong or U.S. dollars directly through Futu’s platform. “We are actively working on expanding our crypto offerings in the near future,” the company said. Last month, […]

Read more

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Finder Experts Predict Ether Hitting $23,549 by 2030 — Majority Say Time to Buy ETH

August 2, 2024 Bitcoin.com

bitcoin.com

A survey of 32 cryptocurrency experts on the Finder panel predicts significant growth for ether prices, with average forecasts of $5,368 by the end of 2024, $7,359 by the end of 2025, and $23,549 by 2030. These projections highlight the anticipated impact of institutional factors such as ethereum exchange-traded funds (ETFs). Survey Predicts Strong Future […]

Read more

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Ethereum ETFs Snap Losing Streak, Grayscale’s Outflows Weigh In

July 31, 2024 Bitcoin.com

bitcoin.com

On Tuesday, U.S. spot ether exchange-traded funds (ETFs) experienced a day of inflows, ending four days of outflows. The nine ETFs collectively absorbed $33.67 million, though the figure could have been higher if not for Grayscale’s Ethereum Trust (ETHE), which offloaded $120.28 million. Ether ETFs Bounce Back After 4-Day Outflows The ether-based ETFs in the […]

Read more

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Crypto’s Top Gainers: Ecash and Bitcoin Cash Show Strong Weekly Rises

July 29, 2024 Bitcoin.com

Bitcoin

Over the past day, the crypto economy has grown by 2.57%, reaching $2.48 trillion on Monday, July 29. Bitcoin has climbed over 3% since last week, while ether has decreased slightly by over 3% during the same period. The highest gainer this week was ecash (XEC), which increased nearly 17% over the past seven days. […]

Read more

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Whale With Ethereum Foundation Link Transfers 92,500 ETH Worth $288M 

July 25, 2024 Bitcoin.com

Arkham Intelligence

According to onchain data, a significant whale holding over 92,500 ether moved the funds to an unidentified wallet. Arkham Intelligence data suggests the funds may have been linked to the Ethereum Foundation, though this is not confirmed. Originally, the funds were transferred to a mysterious wallet on Sept. 1, 2015. Significant Ether Transfer Worth $288M […]

Read more

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

US Bitcoin ETFs See $78M Outflow, Breaking 12-Day Inflow Streak

July 24, 2024 Bitcoin.com

Ark Invest

U.S. spot bitcoin exchange-traded funds (ETFs) experienced a downturn on Tuesday, with $77.97 million exiting, breaking a streak of 12 consecutive days of inflows. In contrast, the newly launched spot ether ETF counterparts performed better. 3 Bitcoin ETFs Record Outflows as Blackrock’s IBIT Gains $71M Following 12 consecutive days of inflows and a record influx […]

Read more

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Altcoin Resurgence Expected if Ether ETFs Drive Sharp Uptick in ETH, Says Two Prime’s Blume

July 23, 2024 Bitcoin.com

bitcoin.com

A managing partner at SEC-regulated Registered Investment Advisor Two Prime has discussed the potential impact of spot ether exchange-traded fund (ETF) launches on the cryptocurrency market. He explained that early demand could be greater than when spot bitcoin ETFs launched and suggested that a sharp uptick in ethereum price from the ether ETFs could lead […]

Read more

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Cboe Announces 5 Ether ETFs Will Be Listed Tuesday Pending Regulatory Effectiveness

July 22, 2024 Bitcoin.com

bitcoin.com

Cboe, the Chicago Board Options Exchange, is preparing to list five new ether exchange-traded funds (ETFs) on Tuesday, pending regulatory effectiveness. These five spot ethereum ETFs are from 21shares, Fidelity, Franklin, Invesco Galaxy, and Vaneck. The U.S. Securities and Exchange Commission (SEC) approved Form 19b-4 filings for eight spot ether ETFs in May and has […]

Read more

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal