A widely followed crypto analyst says that Ethereum (ETH) is in the final stages of its decline against Bitcoin (BTC). In a new strategy session, crypto trader Benjamin Cowen tells his 819,000 YouTube subscribers that based on historical patterns, the top altcoin appears as if it’s about to break out against the crypto king. According […]
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Ethereum price continues to consolidate, but a fledgling technical pattern hints at an upcoming rally to $2,800.
Ether (ETH) price has struggled to find bullish momentum for months, with the altcoin demonstrating a mere 1% rise in October compared to Bitcoin’s (BTC) 14% return.
The perceived lack of interest from retail and institutional investors is also weighing on Ether price, with the ETH ETF witnessing $4.4 million in inflows on Oct. 30 compared to BTC ETF’s $893 million. That is a 0.49% share relative to its direct competitor.
Spot Bitcoin and Ethereum ETF inflows comparison. Source: X.com
This week, bitcoin (BTC) is enjoying an 8.5% lift against the U.S. dollar, while ethereum (ETH), the second-largest digital currency, remains relatively quiet by comparison. Bitcoin and Ethereum: One’s Soaring While the Other’s Struggling It’s an exciting time in crypto. BTC came close to breaking its all-time high of $73,794, nearly hitting $73,600 per coin […]
Recent data shows spot bitcoin ETFs pulled in a hefty $870.02 million, while spot ethereum ETFs attracted $7.65 million in inflows. Crypto ETFs Surge as Bitcoin Nears All-Time High Values Crypto ETFs have delivered solid returns over the past two weeks according to stats collected by sosovalue.xyz. On Tuesday, as bitcoin (BTC) hovered near its […]
HKEX, a major global exchange group, is launching a new index series for Bitcoin and Ethereum to provide a transparent and reliable benchmark for pricing these cryptocurrencies in the Asian time zone. The index series adheres to EU regulations and aims to foster a dynamic virtual asset ecosystem in Hong Kong. Transparent Benchmark Hong Kong […]
Monday’s spot crypto exchange-traded fund (ETF) data shows bitcoin (BTC) ETFs reeling in positive inflows of $479.35 million, while ether (ETH) ETFs experienced a slight decline. Bitcoin ETFs Absorb $479M Bitcoin exchange-traded funds (ETFs) have been on a winning streak lately, scooping up significant inflows. On Monday alone, the 12 bitcoin-focused funds saw a collective […]
Crypto whales are accumulating tens of millions of dollars worth of one Ethereum (ETH) rival from two top exchanges, according to on-chain data. Blockchain tracking firm Lookonchain reports that three deep-pocketed investors have suddenly accumulated nearly $35 million worth of Solana (SOL) from Binance and Kraken. “Whales are accumulating SOL! AA21…VxH9 withdrew 153,511 SOL ($26.4 […]
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Vitalik Buterin says the Ethereum Foundation’s ETH sales are critical to the success of the leading smart contract platform’s ecosystem. Last week, Buterin was asked about the Foundation’s sales on the social media platform X, but the Ethereum creator quickly defended the firm. “Bro the ETH Foundation is paying researchers and devs that are responsible […]
The post Vitalik Buterin Defends Ethereum Foundation Selling ETH, Asserts Revenue Supporting Critical Parts of Ecosystem appeared first on The Daily Hodl.
Ethereum founder Vitalik Buterin has unveiled his ambitious roadmap titled “The Splurge,” which aims to enhance the Ethereum Virtual Machine (EVM) and bring it to a stable and performant “endgame state.” The initiative focuses on several key goals, including the integration of account abstraction to improve user experience, optimizing transaction fee economics, and exploring advanced […]
Market intelligence firm Santiment reports that deep-pocketed crypto investors are accumulating Ethereum (ETH) and that a bounce for digital asset markets could be near. In a new post on the social media platform X, Santiment says that the activity level of ETH whales has spiked to a six-week high, an encouraging sign that the top […]
The post Whales Abruptly Load Up on Ethereum As Crypto Markets Flash Signs of Imminent Bounce: Santiment appeared first on The Daily Hodl.
