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Ethereum – Page 41 – DIGIT INFO

ETF Inflows Surge: Bitcoin Rakes in $158M, Ether Funds Add $5M

According to the latest figures, bitcoin exchange-traded funds (ETFs) brought in $158.21 million in inflows on Thursday, while ether ETFs saw $5.24 million in deposits. Bitcoin, Ether ETFs Show Positive Inflows as Reserves Climb Leading the charge on Thursday, Ark Invest and 21shares’ ARKB fund attracted a hefty $81.07 million. Fidelity’s FBTC followed closely, reeling … Read more

Ethereum Foundation Cashes Out: 300 ETH Sold in Latest Move

The AI-powered sleuth Spot On Chain dropped a bombshell on X today: the Ethereum Foundation just offloaded 300 ETH, pocketing a cool 763,092 DAI. “Overall, since the beginning of September, the Ethereum Foundation has sold 950 ETH ($2.27M) at an average price of $2,392, with sales occurring every 4-7 days,” Spot On Chain dished out … Read more

$ETH Holders Diverge In Strategies Amid Market Uncertainty

The Ethereum market is currently experiencing a range of strategies among its holders as uncertainty persists. Large holders of Ethereum (those with over 100,000 ETH) have remained inactive, maintaining their positions without significant changes. In contrast, mid-tier holders (with 10,000 to 100,000 ETH) have been gradually accumulating more ETH, signaling a cautious optimism. However, small … Read more

SEC Reviews Proposal for New Bitcoin, Ether ETF Custodians

The U.S. Securities and Exchange Commission (SEC) is seeking public input on a proposal by Cboe BZX Exchange to add new custodians for bitcoin and ethereum exchange-traded funds (ETFs). The plan aims to enhance security by adding Anchorage Digital Bank and Bitgo alongside Coinbase as custodians for bitcoin and ether holdings. SEC Reviews Proposal for … Read more

Cryptoquant: Coinbase’s cbBTC Could Challenge Bitgo in Wrapped Bitcoin Market

This week, Cryptoquant researchers highlighted a new rivalry heating up in the wrapped bitcoin market, with Coinbase’s cbBTC stepping up to challenge Bitgo’s long-established reign. Coinbase’s Wrapped Bitcoin Token cbBTC Shakes Up Market Coinbase introduced its wrapped bitcoin token, cbBTC, in mid-September 2024, and it has swiftly expanded to a supply of 1,670 cbBTC, according … Read more

Bitcoin Rockets to $63.8K: $6.36B in BTC Pulled From Exchanges in 30 Days

On Thursday, bitcoin (BTC) soared to a peak of $63,882, marking a 7.8% increase against the U.S. dollar over the past month. During this same period, approximately $6.36 billion worth of BTC was pulled from crypto exchanges, hitting levels not seen since early November 2018. More Than 100,000 Bitcoin Removed From Digital Currency Trading Platforms … Read more

Over 75M Ordinal Inscriptions and $4.5B in Sales—Bitcoin Finds Its NFT Footing

In the last year and nine months since December 2022, more than 75 million Ordinal inscriptions have been minted on the Bitcoin blockchain, according to the latest statistics. This technology has given Bitcoin a new role in the world of digital collectibles. Today, Bitcoin stands as the third-largest blockchain by non-fungible token (NFT) sales, carving … Read more

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