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Bitcoin Peaks at $67,991 Ahead of Trump’s Bitcoin Conference Appearance


Before former President Donald Trump’s appearance at the Bitcoin 2024 conference in Nashville, the price of bitcoin (BTC) climbed to an intraday peak of $67,991 per unit. This increase led to the liquidation of approximately $55.21 million in bitcoin short positions, out of a total of $79.10...

US Ethereum ETFs See Continued Outflows Led by Grayscale’s ETHE


On Thursday, U.S. spot ethereum exchange-traded funds (ETFs) experienced another day of net outflows following Grayscale’s Ethereum Trust (ETHE) outpacing gains observed by other funds. According to sosovalue.xyz, the nine ETFs saw $152.3 million exit during Thursday’s trading...

2.91 Million ETH Held by 9 Ethereum ETFs: A Reserve Overview


Although the data for Thursday’s ether exchange-traded fund (ETF) performance, concerning inflows and outflows, remains incomplete, it is evident that trade volume was marginally lower than the first two days. The funds currently hold slightly over $9 billion in ether, with about 2.91...

Whale With Ethereum Foundation Link Transfers 92,500 ETH Worth $288M 


According to onchain data, a significant whale holding over 92,500 ether moved the funds to an unidentified wallet. Arkham Intelligence data suggests the funds may have been linked to the Ethereum Foundation, though this is not confirmed. Originally, the funds were transferred to a mysterious...

Ethereum Dips Despite ETF Launch; Pull Back to a New High?


The global crypto market has experienced solid bearish sentiment in the last 24 hours as the Ethereum (ETH) token takes a major hit. As tracked on CoinMarketCap, the ETH token recorded an 8.20% loss, pushing its price to $3,141. This negative sentiment is largely attributed to Tuesday’s...

Ethereum ETFs Face $133M Outflows as Grayscale’s ETHE Divests $326M


Based on recent data, after a period of inflows, nine U.S. spot ethereum exchange-traded funds (ETFs) experienced withdrawals totaling $133.16 million on Wednesday. The majority of these withdrawals came from Grayscale’s ETHE, which saw a significant $326.86 million in outflows on July...

Ethereum Plunges 8% Despite ETH ETF Approval: Here’s Why


The cryptocurrency market is experiencing turbulence as Ethereum (ETH) takes a major hit. ETH has dropped over 8% in the past 24 hours. This downturn comes after the much-awaited launch of ETH ETFs. Multiple Factors Converge to Push Ethereum Down The primary reason is the substantial outflow from...

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