Grayscale transfers $1B ETH to Coinbase a day ahead of Ether ETF launch
The transfer occurred a day ahead of the launch of the first spot Ether ETFs in the United States, which are expected to start trading on July 23. Go to Source
Ethereum
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Bitcoin trader warns of local BTC price top after $530M ETF inflow
BTC price “profit taking” has resulted from large ETF inflow days in the past, while both Bitcoin and Ether shrug off the latter’s ETF launch day. Go to Source
Ethereum Struggles At $3,500 Resistance As Major Whales Make Moves Ahead Of ETF Launch
Since July 16th, Ethereum (ETH) has faced significant difficulty breaking through the $3,500 resistance level. This challenge is partly due to the 3.13 million addresses that acquired ETH at an average price of $3,547. Many of these addresses are currently holding their ETH at a loss, which contributes to increased selling pressure and complicates ETH’s … Read more
Spot Ethereum ETFs Set to Launch: Blackrock Highlights Rising Demand for Digital Asset ETFs
Spot ethereum exchange-traded funds (ETFs) are set to debut on Tuesday, July 23, 2024, following approval from the U.S. Securities and Exchange Commission (SEC). Blackrock, the world’s largest asset manager, announced that its Ishares Ethereum Trust ETF (ETHA) will commence trading on Nasdaq on Tuesday, featuring a one-year fee waiver of 0.12% for the first … Read more
Bitcoin Continues to Dominate as Altcoin Season Index Score Plummets
In mid-July, the Altcoin Season Index (ASI) available on blockchaincenter.net began to rise, reaching a high of 46 and nearing the significant threshold of 75. Since then, however, the ASI score has dropped to 24, indicating that a period of increased gains for alternative cryptocurrencies is now more distant. Bitcoin Outperforms Altcoins as ASI Score … Read more
NYSE Clears Listing of Bitwise and Grayscale ETH ETFs, Trading Expected Tuesday
Following the Chicago Board Options Exchange’s (Cboe) preparation for five new spot ethereum exchange-traded funds (ETFs) last week, the New York Stock Exchange (NYSE) has confirmed its approval to list the Bitwise and Grayscale ETH ETF. Bloomberg ETF analyst James Seyffart mentioned that he and his colleague Eric Balchunas anticipate the spot ether funds will … Read more
Price analysis 7/22: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
Digital investment products are witnessing solid buying, but it may take a stronger trigger to propel Bitcoin to a new all-time high. Go to Source
Weekly Crypto Market Roundup: Top Gainers and Losers Revealed
On Monday, the price of bitcoin (BTC) increased by 6.8% over the past week, while ethereum (ETH) saw a 3.3% rise against the U.S. dollar during the same period. The top performers this week were the two meme coins MEW and WIF, which gained 129.3% and 56.7%, respectively. MEW and WIF Lead Gains This Week … Read more
The SEC’s war against Ethereum and Consensys isn’t over
Gary Gensler will be forced out as SEC chairman if Trump is elected — but he could remain as a commissioner to continue his anti-crypto crusade. Go to Source
Payment platform Mercuryo integrates crypto on-ramp with Indonesian banks
Mercuryo integrates crypto on-ramp solutions in Indonesia, enabling users to convert their Indonesian Rupiah into 40 digital tokens, including BTC, ETH, and USDT. Go to Source