Around 41,500 Bitcoin options contracts will expire on Friday, July 18, and they have a notional value of roughly $5 billion. This event is larger than last week’s expiry but unlikely to be enough to influence spot markets, which have been performing solidly this week. ‘Crypto Week’ in the United States has been chaotic, but the […]
Bitcoin’s rally took a brief pause after breaching the $120,000 mark. What followed were profit-taking flows that capped the momentum built over the past week. The asset eventually found a local bottom at $116,000, where bids re-emerged to support the price. However, QCP Capital believes that another pullback toward $110,000 may provide a more stable […]
BlackRock’s iShares Ethereum Trust (ETHA) saw a record inflow on Wednesday with $489 million entering the fund. The 148,585 ETH that BlackRock bought is the highest daily inflow since the fund was launched in July 2024. It also saw record daily trading volumes of $1.8 billion as institutional hunger for the asset surges. The BlackRock […]
BitMEX co-founder Arthur Hayes has decisively flipped bullish and even announced that Maelstrom Fund is “backing up the truck.” The exec’s comments came as Bitcoin (BTC) broke through its all-time high above $118K on strong volume. He also revealed that Ethereum (ETH) began to follow with potential outperformance, and markets began pricing in a Trump […]
ETH has gained 16.7% in the past seven days and over 8% in the past 24 hours alone. This comes amid a heated rally in the broader cryptocurrency market where BTC’s price just reached a new all-time high above $118,000. Ironically, some warning signs are starting to pop already. According to popular on-chain monitoring resource Lookonchain, a […]
Ethereum has made a rare move north today, adding 7% in under 24 hours to reach $2,787 during early trading in Asia on Thursday morning. The four-week high is the highest the asset has traded since June 12, when it reached $2,870. However, heavy resistance lies at this level, and Ether has not traded above $3,000 […]
TL;DR Four of the most utilized AI chatbots speculate on which one of the two largest altcoins will be the first to reach a significant round-numbered target of $10 for XRP and $10,000 for ETH. Although they acknowledged that it was a challenging prediction to make given their speculative nature, all four backed the same […]
Bit Digital has gone all-in on Ethereum after offloading all of its Bitcoin to buy ETH. The Nasdaq-listed company raised $172 million from its BTC sales and acquired over 100,000 ETH, becoming the latest corporate Ethereum treasury firm. “Following a $172 million public equity raise and conversion of its balance sheet from Bitcoin to Ethereum, […]
Ethereum remains range-bound between the 100-day and 200-day moving averages, signalling a consolidation phase. However, a decisive breakout in either direction will likely define the next major trend, with market sentiment leaning toward a potential bullish breakout in the coming days. ETH Price Analysis: Technicals By Shayan The Daily Chart ETH is currently consolidating between […]
Fundstrat’s Tom Lee is “the most bullish thing to happen to Ethereum this year,” opined Ryan Sean Adams, co-founder of Bankless, on Friday. Bitcoin bull Lee has made some famous predictions about BTC, stating on CNBC in 2017 that it would reach $55,000 when it was trading around $2,000 at the time. This was at […]