Digital asset investment products experienced modest inflows of $6 million last week, which highlighted a “mixed” investor outlook. The week started with small inflows, but mid-week data showed stronger-than-expected US retail sales, which, according to CoinShares, likely caused $146 million in outflows. According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, […]
Total market capitalization topped $3 trillion for the first time since early March as altcoins followed their big brother Bitcoin in recovery. It is the first time total cap has been over $3 trillion since March 7, and could be a sign of a sustained recovery as more than $500 billion has entered the market […]
TL;DR A growing number of various investors have continued to dispose of their ETH holdings, which could spell further trouble for the asset. With its price already struggling well at $1,600, the question remains – what’s next for the second-largest cryptocurrency? Galaxy, Whales, Institutions Offload The landscape around Ethereum is not favorable at all, not […]
Ethereum has wiped out seven years of gains, plummeting more than 10% over the past 24 hours in a fall below its 2018 cycle peak of $1,450. The second largest crypto asset by market capitalization tanked to $1,400 in early trading on Wednesday in Asia. The move was part of a broader crypto market slump […]
Ethereum briefly plummeted to $1,415 on Monday amidst a broader market bloodbath. The crypto asset has since recovered and is currently trading at $1,505. Despite this, its price was still down by 15% over the past 24 hours. This sharp decline comes as the broader cryptocurrency market reacts negatively to the Trump administration’s intensified global […]
The past few months have been difficult for the Ethereum ecosystem, with ether (ETH) falling to levels not seen since 2020. ETH is significantly underperforming compared to bitcoin (BTC) and some major cap altcoins. Worse still, the bleeding does not appear to be stopping soon. According to a report by the market analytics platform CryptoQuant, […]
The dynamics of the crypto industry have changed over the last year, and this has affected several assets, including the top projects. Evaluating the market capitalization evolution of top cryptocurrencies since November 2024 shows that some assets have been seeing steady positive growth while others have mostly struggled. The market analytics platform CryptoQuant selected the […]
Ether’s (ETH) underperformance as an asset has continued to spark criticism and speculation in the crypto community, with many expressing their displeasure at the Ethereum network’s current trajectory. Quinn Thompson, founder of the discretionary macro hedge fund Lekker Capital, insists that ETH is now completely dead as an investment. While some analysts and market participants […]
After five weeks of continuous outflows, digital asset investment products saw a turnaround last week, attracting $644 million in inflows. This pushed total assets under management up by 6.3% from their March 10 low. The reversal was further validated by daily inflows throughout the week, breaking a 17-day streak of outflows. According to the latest […]
TL;DR Ethereum remained one of the altcoins that failed to chart a new all-time high during the most recent bull cycle and now stands 50% away from its local peak. However, ETH holders have continuously removed the number of tokens sitting on exchanges, which could suggest that a price rally could finally be around the […]