Hong Kong Bitcoin, Ether ETFs wipe 2 weeks of inflow in a single day
Net outflows for Hong Kong’s crypto ETFs reached a record $39 million on Monday with bleeding felt across all six funds. Go to Source
Ethereum
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Price analysis 5/13: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
Bitcoin’s strong rebound of the $60,000 level is encouraging but it still could be a hint that BTC’s range-bound action could continue for some time. Go to Source
Steven Nerayoff Calls out Joseph Lubin for Damaging Crypto Market
Steven Nerayoff, a former adviser to the Ethereum network, has publicly denounced Joseph Lubin, co-founder of the Ethereum Project and the founder of Consensys, and other “bad actors” for their detrimental actions in the cryptocurrency market. In a tweet, Nerayoff clarifies that his dispute is not with Ethereum as a whole, but specifically with Lubin … Read more
This Week’s Biggest Crypto Gainers and Losers: Cheelee Rises as Pendle Falls
On Monday, the cryptocurrency market maintained steady growth, with its valuation reaching $2.3 trillion—an increase of 1.72% over the last 24 hours. Over the past week, six cryptocurrencies have posted double-digit gains, while around two dozen have experienced significant losses. Crypto Asset Market Sees Varied Performance This week saw a mixed performance within the crypto … Read more
Ethereum ETF Deadline Nears As ETH Targets $3k Amidst Market Volatility
As Ethereum strives to reclaim the $3,000 trading price, investors eagerly await the deadline for three spot Ethereum ETF applications, scheduled for May 25th. ETH ETF Deadline Approaches 👀 In just 12 days, we’ll hit the final deadline for not one, but THREE spot Ethereum #ETF applications 🚨 The SEC has to make a decision … Read more
Ethereum Transaction Fees Slide Nearly 94% Over the Past 68 Days
Similar to Bitcoin’s onchain fees, the cost of transacting on the Ethereum network has recently seen a significant decline. Over the previous 68 days, since March 5, 2024, Ethereum’s network fees have fallen by 93.7%, from $30.33 per transfer to $1.91 per transaction. Declining Ethereum Fees: A 68-Day Overview Transacting on the Ethereum blockchain has … Read more
Ark Invest Removes Staking Option From Latest Ethereum ETF Proposal
Ark Invest and 21shares have revised their proposal for a spot ethereum exchange-traded fund (ETF), removing previously included options for staking. This change marks a significant pivot from their earlier filings, which had contemplated engaging trusted staking providers to manage part of the trust’s assets. Ark Invest and 21shares Modify Ethereum ETF Proposal, Omit Staking … Read more
Whales Capitalize On Ethereum’s Dip Below $3000 Amidst Market Uncertainty
The current landscape of the crypto market reveals an interesting divergence from traditional markets and commodities, with the 30-day correlation of Bitcoin (BTC) and Ethereum (ETH) hovering close to 0. This suggests that the crypto market is charting its own course, independent of broader financial trends. The 30-day correlation of BTC & ETH with traditional … Read more
Price analysis 5/10: BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA, AVAX, SHIB
Bitcoin’s failure to rise above the 20-day EMA increases the risk of a downward breakdown for BTC and many altcoins. Go to Source
Ethereum ‘speculatory divergence’ sees ETH price cling to $3K support
ETH price action currently focuses on a key line in the sand for Ethereum short-term holders. Go to Source