The ETH/BTC ratio hits a 40-month low, signaling Bitcoin’s growing dominance among investors. Ethereum faces challenges with declining ETF interest while Bitcoin continues to attract institutional inflows. According to IntoTheBlock data, Ethereum (ETH) is currently experiencing a difficult period, trading at its lowest level against Bitcoin (BTC) i
Over 150,000 ETH Moved To Exchanges In The Last 24 Hours: What’s Next For Ethereum?
Ethereum is rising, adding a decent 5% on the last day and nearly 10% over the past trading week, according to CoinMarketCap data. As ETH shakes off weakness, breaking above the local resistance– now support– at around $2,400, confidence is high. Over 150,000 ETH Moved To Exchanges All the same, IntoTheBlock data on September 20 […]
Standard Chartered Executive: Bitcoin Price Could Reach $200,000 by End of 2025
Geoff Kendrick, Global Head of Digital Asset Research at Standard Chartered, believes that Bitcoin could reach $200,000 by the end of 2025, regardless of who wins the 2024 U.S. presidential election. Kendrick also predicts potential changes in the leadership of the U.S. Securities and Exchange Commission (SEC), which could lead to the launch of mor
Ethereum Futures Open Interest Hits 20-Month High, Leverage Demand Remains Balanced
Between September 17 and September 19, Ethereum’s price surged by 11.7%, reaching a three-week high of $2,572. This price action coincided with a rise in Ethereum futures open interest, which soared to a 20-month high. As a result, traders have grown concerned that the increased leverage might amplify potential price volatility. Lower interest rate
U.S. SEC Approves Options Trading for BlackRock Bitcoin Spot ETF
The U.S. Securities and Exchange Commission (SEC) has approved the listing of options for BlackRock’s iShares Bitcoin ETF (IBIT) on the Nasdaq exchange. However, trading of this derivative product still requires approval from the U.S. Office of the Comptroller of the Currency (OCC) and the U.S. Commodity Futures Trading Commission (CFTC). Nasdaq st
Ethereum Spot ETF Sees Net Inflow of $2.87 Million Yesterday, ETF Net Asset Ratio Reaches 2.26%
According to data from SoSoValue, the Ethereum Spot ETFs recorded a total net inflow of $2.87 million on September 20th (Eastern Time). Grayscale’s Ethereum Trust ETF (ETHE) reported no net outflows yesterday, with the total historical net outflow for ETHE remaining at $2.768 billion. Meanwhile, Grayscale’s Ethereum Mini Trust ETF experienced a dai
Massive 7,420 BTC Purchase: MicroStrategy’s Bitcoin Bet Gets Bigger!
MicroStrategy’s Bitcoin holdings now total 252,220 BTC, reinforcing its leading position in institutional BTC investment. The company’s aggressive BTC strategy shows strong confidence in cryptocurrency as a primary reserve asset. According to the MicroStrategy founder, Michael Saylor, the company has proved its everlasting dedication to Bitcoin by
Game-Changing Move: BlockDAG Spikes Miner Rewards by 300M; What’s Happening with Neiro Ethereum & Aptos?
The crypto community is buzzing with excitement as BlockDAG, Neiro Ethereum, and Aptos bring some major updates. Neiro Ethereum’s price has jumped by 22.09%, and Aptos is at a turning point with 11.31 million tokens now up for grabs, which might shake things up price-wise. But the big news is from BlockDAG’s recent AMA with […]
Kamala Harris Allegedly Working On Crypto Policies With Industry Advocates – Scaramucci
At the TOKEN2049 conference, SkyBridge Capital founder Anthony Scaramucci revealed that US Vice President and Democratic nominee Kamala Harris is working alongside industry advocates on her crypto policies before the November elections. Kamala Harris “Distancing” From Warren And Gensler On Thursday, Anthony Scaramucci claimed to be “working alongsi
Ethereum Trading At 40-Month Lows Versus Bitcoin: Is This An Endorsement Of BTC?
Ethereum is firm when writing but continues to underperform versus Bitcoin. Though ETH is floating above $2,400, and may even break above $3,000 in the coming years, the rapid strengthening of the world’s most valuable coin, on the other hand, might push the ETH/BTC ratio to multi-month lows. ETH Struggling Versus Bitcoin, ETH/BTC Ratio Drops [&hel