Despite being the second-largest cryptocurrency by market cap, Ethereum (ETH) has fallen short of expectations during this bull cycle. Unlike Bitcoin and its rival altcoins, which have achieved impressive gains and reached fresh highs, ETH has been unable to reclaim its 2021 peak. However, a much-anticipated bullish reversal could soon change this narrative. New ATH...Read More
The political changes in the US are a fact as Donald Trump officially took office on Monday, becoming the country’s 47th president. Following the uncertainty ahead of his inauguration, US investors have become bullish once again toward the two largest cryptocurrencies, with substantial inflows toward the ETFs tracking both. BTC ETFs on a Roll The...Read More
Ethereum prices are back in the doldrums after slumping more than 11% over the past week. The network is also facing inflationary pressures as the ETH supply returns to pre-merge levels due to low demand. Nevertheless, the Ether bulls remained upbeat and confident that this year will see a new all-time high for the asset....Read More
The long-term holder ratios for Ethereum (ETH) and Bitcoin (BTC) over time show a distinct trend in favor of the former. As of now, 74.7% of Ethereum addresses belong to long-term holders, a figure that surpasses Bitcoin’s long-term holder ratio, which is hovering at just over 60% Ethereum Leads in Holder Ratios According to the...Read More
After struggling at the end of the year with numerous consecutive days of net outflows, the spot Bitcoin ETFs in the States finally registered some notable inflows on Friday. The Ethereum counterparts sit in the opposite corner, as they have been mostly in the green since mid-December despite the FOMC aftermath on the entire market....Read More
Ethereum’s performance in 2024 has been lackluster, with the asset gaining just 47% and failing to notch a new peak price or spend much time trading above $4,000. Meanwhile, Bitcoin surged more than 120% to a new six-figure all-time high in mid-December. However, analysts believe that Ethereum will outperform Bitcoin, which has been consolidating for the...Read More
Long-term holding trends in the crypto market have taken an intriguing turn this year as Ethereum surpassed Bitcoin in retaining such investors. Despite Bitcoin’s 122% surge compared to Ethereum’s 48% growth in the past year, the increase in the long-term holders of the latter highlighted rising market confidence as 2025 approaches. Ethereum Shows Stronger Long-Term...Read More
Key metrics on Ethereum are painting a bullish outlook for the network’s native cryptocurrency, ether (ETH), despite its sluggish momentum over the past weeks. The asset has struggled to match bitcoin’s (BTC) momentum following the conclusion of the United States presidential election, but on-chain metrics indicate a bullish trend in the near term. According to...Read More
Ethereum extended its streak of inflows to seven consecutive weeks, accumulating $3.7 billion during this period, with $1 billion recorded last week alone. This highlights improving investor sentiment toward the world’s second-largest cryptocurrency. The Market: Zooming Out According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, overall, digital asset investment products...Read More
US investors continued to pour money into the spot Bitcoin ETFs after Donald Trump’s victory in the presidential elections, and the streak extended into the past five trading days. The Ethereum counterparts have also enjoyed the momentum by attracting almost a billion dollars within the past week. BTC ETFs Keep the Momentum Going The initial...Read More
For the past two years, Bitcoin has come roaring back from 2022’s crypto winter. It was a tough one-year correction cycle, complete with a rash of cash crunches and liquidations of some big names in blockchain. The crash was so devastating that a few Web3 founders who broke the law even went to jail in...Read More
Analysts at the on-chain intelligence platform CryptoQuant have identified network dynamics that could push ether (ETH) above $5,000 in the coming weeks. Per a weekly report, the Ethereum network is seeing renewed demand and increased network activity. Valuation metrics suggest the second-largest cryptocurrency will trade above $5,000 if supply and demand dynamics continue. The asset...Read More
Ethereum has been struggling to clear the $4,000 resistance. It suffered fresh declines of around 3% on Monday that pulled its price down to $3,850. Despite this, experts suggest that a new peak could be just around the corner owing to a strong weekly close. Ethereum ATH Soon? Pseudonymous crypto trader Pentoshi’s analysis suggests that...Read More
The 11 spot Bitcoin ETFs in the States continue to enjoy substantial investor demand following the presidential elections, with another week of multi-billion dollar net inflows. This time, the same can and will be said about the spot Ethereum ETFs, which finally emerge as attractive investment tools. BTC ETF Inflows Rockets The previous business week...Read More
Ethereum is finally moving independently from its big brother, Bitcoin, which has corrected over the past week. As a result, ETH prices hit $3,682 during early trading in Asia on Thursday, its highest level since June 10. This culminated in an 18% gain over the past week. Conversely, Bitcoin has declined by 2% over the...Read More
Ever since the US presidential elections in the middle of last week, the spot Bitcoin ETFs had enjoyed a massive demand trend with a couple of $1+ billion inflow days before a slight change in investors’ tactics. The spot Ethereum ETFs also had some noteworthy days but ended the week in the red. Billions Enter...Read More
The Ethereum Foundation – a non-profit entity that supports the second-largest blockchain – sold 100 ETH for 334,315.7 DAI on November 12th. The sale represents the foundation’s first ETH transaction since releasing its 2024 report last week. Ethereum Foundation’s ETH Sales According to the popular blockchain analytics platform ‘Spot On Chain,’ in 2024 alone, the...Read More
Ethereum prices have surged a whopping 38% over the past seven days, outpacing Bitcoin’s gains, which were around 30% over the same period. Moreover, Ethereum’s market capitalization has increased by more than $100 billion in less than a week. To put this into perspective, this is more than Solana’s entire market capitalization. This has pushed the...Read More
In perhaps one of the most intriguing and important weeks for the US, local investors showed uncertainty at first but ultimately changed their sentiment toward the spot Bitcoin ETFs as the country elected a new president. Even the spot Ethereum ETFs saw some impressive net inflows for their own standard. BTC ETFs During Election Week...Read More
The Ethereum Foundation holds $970.2 million in its treasury, according to the newly released report. This includes $788.7 million in crypto and $181.5 million in non-digital asset investments. A major 99.45% of the foundation’s crypto holdings are in ETH, which represents 0.26% of the total ether supply as of that date. By prioritizing ETH for...Read More
Bitcoin prices reached a record high of $76,444 during late trading on Wednesday, building on previous price peaks earlier in the day. The move comes as the US presidential election results filtered in throughout the day and Donald Trump was declared the winner. Trump crossed the 270 electoral vote threshold with 295 to Kamala Harris’...Read More
The State of Michigan Retirement System (SMRS) has significantly increased its Ethereum (ETH) holdings, raising its investment to $10 million and surpassing its Bitcoin (BTC) allocation. This move makes Michigan the first U.S. state pension fund to invest in an Ethereum-based exchange-traded fund (ETF). Michigan Pension Fund’s Crypto Portfolio SMRS, which boasts more than $13...Read More
November 5 is finally here, and all eyes are on the United States as the country elects its next president – whether it will continue with its Democratic views as it did during the past four years or it will go back to the previous cycle when Republican candidate Donald Trump was in charge. As...Read More
The Ethereum Foundation, a non-profit that supports the second-largest blockchain, has been scrutinized lately, with community members questioning why it sells rather than stakes its ether (ETH) holdings. Now, blockchain co-founder Vitalik Buterin has responded, providing detailed insights into why the organization chose to sell. Commitment to Ethereum Development It all started with an October...Read More
Bitcoin has assumed its biggest price lead in recent history over the altcoin ecosystem, leaving Ethereum – its perennial number 2 – in the dust. The market capitalization of the OG crypto is now over $1 trillion greater than its runner-up, which has hit its lowest price point against its senior since early 2021. Bitcoin’s...Read More
The spot Bitcoin ETFs enjoyed another week of substantial inflows, with almost $1 billion entering the funds in the past five trading days. The same cannot be said about their Ethereum counterparts, which actually ended the week with minor losses. $1B Enters BTC ETFs Weekly CryptoPotato reported last weekend that the 11 spot Bitcoin ETFs...Read More
A crypto investor who participated in the Ethereum initial coin offering (ICO) in 2014 is offloading their assets, with the latest sale on October 24. Unfortunately, this could trigger a negative price momentum for ether (ETH) given recent similar developments. According to a tweet from on-chain analytics firm Lookonchain, the last time the Ethereum ICO...Read More
The Ethereum FUD is showing no signs of slowing while prices of the underlying asset remain weakened. ETH dumped more than 5% over the past 24 hours, falling from an intraday high of just over $2,600 to a low of $2,460. It has recovered marginally to trade at $2,550 at the time of writing, but it...Read More
Ethereum is currently facing a short-squeeze risk as depicted by the rising Estimated Leverage Ratio (ELR) which acts as a crucial indicator of market sentiment. As the ELR has increased over the past few months, it reflects a growing number of traders adopting high-leverage short positions. Ethereum Faces Short-Squeeze Risk CryptoQuant data, as shared by...Read More
The landscape around the spot Bitcoin ETFs turned highly positive in the past week, with the products attracting more than $2 billion in net inflows. This has become their best five-day trading period in this regard since mid-March. Massive Inflows for BTC ETFs It’s safe to say that it was a big week for the...Read More
