Price analysis 10/22: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
Bitcoin is finding support in the $66,500 to $65,000 zone and Bitcoin ETF inflows suggest traders are buying the dips. Will altcoins follow? Go to Source
Ethereum
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Massive Inflows Push Bitcoin ETFs Higher as Ether Funds Falter
On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) marked another day of gains, pulling in $294.29 million in positive inflows. In contrast, ether ETFs saw a different story, losing $20.8 million across nine funds during the trading day. As Bitcoin ETFs Surge Again, Ether Funds See $20.8M in Outflows According to sosovalue.xyz metrics, the 12 … Read more
US election optimism fuels $2.2B inflows in crypto products
CoinShares said the United States and Bitcoin led crypto investment product dynamics last week amid growing optimism over a potential Republican election win in the US. Go to Source
Ethereum Technical Analysis: ETH Price Holds Key Support, Eyes Upper Breakout
On Oct. 21, 2024, ethereum holds steady at $2,706, sticking within a key trading zone after recently hitting a high of $2,769. Technical indicators across various timeframes paint a mixed picture, as oscillators suggest caution while moving averages still point to a largely bullish trend. As ether hovers between support and resistance, traders should stay … Read more
Ethereum Faces Short-Term Hurdles, But Long-Term Rally Potential Remains Strong
Ethereum is currently navigating through challenges but continues to display signs of potential for a rally. With increased open interest and a rising Relative Strength Index (RSI), the market sentiment suggests higher highs and lows are on the horizon. Although a slight dip in Ethereum’s price could occur in the short term, long-term traders stand … Read more
Crypto Market’s Unexpected Q4 Developments Revealed in New Institutional Report
According to a recent joint report by Glassnode and Coinbase Institutional, the fourth quarter of 2024 is marked by an evolving landscape in the crypto markets. Researchers from both entities underscore the significance of these developments, driven by key metrics and trends shaping the broader industry. Institutional Insights Signal a Maturing Crypto Market in Q4 … Read more
From $3.6T to $1.2T: The Surprising Decline in Stablecoin Transfer Volume Unveiled
Since October kicked off, the stablecoin market has experienced a modest boost, though overall growth has remained quite slow. Currently, the sector is valued at $172.7 billion, with 48.9% of stablecoins residing on Ethereum and 34.92% circulating on Tron. Although the stablecoin landscape has expanded considerably since the start of the year, transfer volumes have … Read more
Friday’s Big Moves: Bitcoin ETFs Dominate With Fresh Inflows – Here’s What You Missed
Spot bitcoin and ether exchange-traded funds (ETFs) in the U.S. had another winning day, with both categories seeing a steady flow of fresh investments. On Friday, the 12 bitcoin ETFs pulled in a combined $273.71 million, led by ARKB and IBIT at the front of the pack. Bitcoin ETFs Secure Inflows on Friday, Ether Funds … Read more
Bitcoin Ordinal Sales Surge by 1,816%—And It’s Just Part of This Week’s NFT Shakeup
Amid the broad uptick in crypto asset markets, non-fungible token (NFT) sales saw a 22.38% increase this past week. NFT sales managed to rake in $92.95 million this week and Ethereum and Bitcoin NFT sales led the way. Digital Collectibles Spike in Activity as Ethereum and Bitcoin Top the NFT Charts NFTs enjoyed an increase … Read more
Freedom Factory unveils ethOS mobile hardware for Ethereum ecosystem
Users must first mint a non-fungible token on the Base layer-2 network to redeem the NFT for the upcoming crypto-native device. Go to Source