Cboe files amended applications to list Bitcoin, Ethereum options in US
The applications cover ETFs from issuers including Grayscale, iShares, and Fidelity. Go to Source
Ethereum
Auto Added by WPeMatico
Bitcoin ETFs Lose $105M in Outflows as Ether ETFs Snap Losing Streak
On Wednesday, spot bitcoin exchange-traded funds (ETFs) experienced $105.19 million in outflows, while spot ethereum ETFs managed to break their nine-day losing streak, pulling in $5.84 million in inflows. Spot Bitcoin ETFs Face $105M Outflow, Ethereum ETFs Bounce Back The biggest hit among spot bitcoin ETFs was ARKB, which saw a loss of $59.27 million. … Read more
Market Turbulence Hits Smart Traders: Whale Suffers $15.7M Loss
A whale who had previously excelled in Ethereum trades, earning a staggering $38M (+26.7%) from November 2022 to May 2024, has now suffered a significant loss. The whale deposited 8,825 $ETH ($24.1M) to Binance, leaving behind 10,619 $ETH ($28.5M) with an estimated total loss of $15.7M (-23%) from their ongoing third Ethereum trade. Market turbulence … Read more
Cybercapital Founder Justin Bons: L2s Are ‘Parasitic’ to Ethereum
Justin Bons, founder and CIO of Cybercapital, a Europe-based cryptocurrency fund, has warned about the effect that the rise of Ethereum L2s is having on the main chain. Bons stated that the activity that Ethereum should be experiencing is happening on L2s, and that is bringing fragmentation and more inflation to the ETH ecosystem. Cybercapital … Read more
Price analysis 8/28: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin’s fall below $60,000 signals near-term weakness, but longer-term investors continue withdrawing coins from exchanges, signaling a bullish outlook. Go to Source
Bitcoin Loses Footing as Price Slips Below $62K Threshold
Bitcoin took a tumble on Tuesday, hitting a low of $61,455 per coin after peaking at $65,103 just three days prior. The crypto market downturn resulted in a shake-up, with $20.28 million in bitcoin long positions and $40.29 million in ether longs being liquidated. Crypto Market Stumbles: Bitcoin and Ethereum Face 2-3% Declines On Tuesday, … Read more
Vitalik Buterin breaks down 2023 Ethereum Foundation spending
The Ethereum Foundation increased yearly spending on new institutions, which accounted for 23.8% of the foundation’s expenses in 2022. Go to Source
CME to launch bite-sized Bitcoin ‘Friday’ futures in bid for retail
Each futures contract is sized at one-50th of one Bitcoin. Go to Source
Gavin Wood’s biggest hope: Free crypto transactions and Web3 tech worldwide
We need to “divorce Ethereum from Ether” to onboard the six billion Web2 users, Wood told Cointelegraph during an exclusive. Go to Source
Centralized Exchanges See $26B in Bitcoin and Ethereum Outflows Since January
Over the past seven months, data from cryptoquant.com reveals a staggering $26 billion worth of bitcoin and ethereum has been pulled from centralized crypto exchanges. During the same period, trading platforms have seen an influx of $9.1 billion ERC20-based tethers since Jan. 1. Bitcoin and Ethereum Scarcity Grows as $26 Billion Leaves Centralized Exchange Bitcoin … Read more