Ether’s price drop due to investor sentiment, not $420M ETF outflows: Nansen
Ether price is subdued by a lack of risk appetite among investors, caused by wider macroeconomic conditions. Go to Source
ether
Auto Added by WPeMatico
Blackrock Edges Closer to Surpassing Grayscale in Onchain Crypto Assets
According to data gathered by Arkham Intelligence, Blackrock’s onchain assets are inching closer to outpacing Grayscale’s crypto holdings. As of Friday, Grayscale’s onchain value stood at approximately $21.33 billion, while Blackrock’s portfolio was around $21.02 billion. Grayscale Faces Fierce Competition as Blackrock’s Onchain Assets Climb Blackrock’s collection of onchain digital assets is nearing a point … Read more
Ethereum ICO whale deposits 48.5K ETH at 1,024,416% profit
The Ethereum whale deposited 48,500 ETH to a cryptocurrency exchange in just over four weeks, during which Ether’s market cap shed approximately $80 billion. Go to Source
Canadian crypto exchange gambled away $9.5M users’ Bitcoin and Ether
The British Columbia Securities Commission reveals how ezBtc’s founder misappropriated millions in customer funds for personal use, leading to significant investor losses. Go to Source
Investors flock to ETH products over BTC as markets recover: CoinShares
Ethereum funds also lead Bitcoin ETPs on monthly performance with $150 million in inflows so far this month. Go to Source
Ether ETF weekly flow hits positive for the first time since launch
The newly launched nine spot Ether ETFs had a positive overall net inflow of $105 million for the week beginning Aug. 5. Go to Source
Traders hope $60K Bitcoin price boosts momentum in ETH, SUI, TAO and NOT
Bitcoin bulls are trying to flip $60,000 to support, and if that happens, ETH, SUI, TAO and NOT could move higher. Go to Source
Over $1B wiped out in crypto liquidations as global markets suffer
Crypto traders faced significant losses as major cryptocurrencies, including Bitcoin and Ether, experienced a sharp decline, resulting in over $1 billion in liquidations. Go to Source
Peter Schiff Warns of Mass Bitcoin ETF Liquidations and ‘Crypto Black Monday’
Economist and gold advocate Peter Schiff has warned investors that a sharp drop in bitcoin’s price could trigger mass bitcoin exchange-traded fund (ETF) liquidations. “If so, brace for a Crypto Black Monday,” he cautioned. He believes that bitcoin has been in a major bear market for almost three years. Peter Schiff Warns of Sharp Decline … Read more
Grayscale’s ETHE Hemorrhages $2 Billion in Just 9 Trading Days
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
