The BlackRock iShares Ethereum Trust (ETHA) has hit $10.5 billion in assets under management following a torrent of inflows for the underlying asset. The fund reached $10 billion “in one year flat,” and is the third-fastest ETF to hit that mark in history, observed Bloomberg ETF expert Eric Balchunas on Thursday. “Amazingly, it went from […]
TL;DR XRP retraced hard after rallying to $3.65, clearing $1.3B in leverage during a healthy market reset. Analysts watch $2.80 support level closely as key VWAP zones offer potential downside cushion. 75M XRP sold on Upbit causes a dip, triggering $90M in long position liquidations. XRP Pullback Follows New High Ripple (XRP) reached a fresh […]
The list of companies embracing Ripple’s XRP for treasury holdings is steadily growing. Only a few contenders have utilized this strategy so far, but with easing regulations and increasing adoption, the trend could intensify soon. Institutional Interest Growing Nature’s Miracle Holding Inc., a publicly traded company (ticker: NMHI) specializing in farming technology, announced on Wednesday […]
First time in over a year, Ethereum spot trading volume is greater than Bitcoin’s, reported CryptoQuant on Wednesday. Last week, ETH spot trading hit $25.7 billion compared to $24.4 billion for Bitcoin, it added, noting that this pushed the ETH/BTC spot volume ratio above 1 for the first time since June 2024. “Investors are rotating […]
Most altcoins have headed south over the past several hours, and the second-largest is no exception. XRP, which was among the top performers until yesterday evening, has plunged by double-digits to a new weekly low. As such, it has caused substantial losses to over-leveraged traders, even more than BTC. XRPUSD. Source: TradingView What goes up, […]
The US Justice Department has dropped its criminal investigation into Kraken co-founder Jesse Powell. The investigation was launched in 2023 and did not focus on Powell’s crypto dealings. Instead, it centered on allegations from the Verge Center for the Arts – a nonprofit he founded – that he had hacked its accounts and blocked email […]
TL;DR With crypto prices booming and assets charting all-time highs, certain high-profile wallets have started to move massive portions of their holdings. In one of the latest such transfers, Whale Alert noted that over $700 million worth of the third-largest cryptocurrency has been sent to another unknown wallet. 200,000,005 #XRP (700,609,232 USD) transferred from unknown […]
Binance Coin (BNB) prices topped $800, marking a new all-time high for the exchange-based asset in early trading on Wednesday in Asia. BNB has been on a tear lately, gaining more than 16% over the past week and almost 30% in the past month. The latest move has pushed its market capitalization to $111.5 billion, which […]
Since hitting its all-time high (ATH) over a week ago, bitcoin has been consolidating. Analysts at the crypto exchange Bitfinex say the asset’s structural strength remains intact; however, the bull market is entering a more delicate and reactive phase. According to the weekly Bitfinex Alpha report, the market is seeing a natural rotation between bitcoin […]
After trading steadily downward for the first four months of the year, Ethereum has rebounded strongly and is currently up more than 65% over the last 30 days. The reason for this rip is “overwhelming demand” from exchange-traded products and corporate treasuries, said Bitwise chief investment officer Matt Hougan on X on Wednesday. The executive […]