ETH

The post BTC and ETH ETFs See Strong Inflows Amid U.S. Presidential Debate appeared first on Coinpedia Fintech News Bitcoin ETFs recorded a $117 million net inflow on September 10th, with Grayscale’s mini BTC ETF and Fidelity’s FBTC ETF leading the way with $41.128M and $63.1561M inflows, respectively. With a boost in buying pressure, the surge in inflow marks the first time in 36 days that no U.S. Bitcoin ETFs saw outflows. Further, the Ethereum ETFs registered a net inflow…

The post 58% of Ethereum (ETH) Traders Are Long, Price Rally Incoming? appeared first on Coinpedia Fintech News In this ongoing market reversal, the Ethereum (ETH) price is poised for a significant rally as bulls are currently dominating the assets. According to the on-chain analytic firm CoinGlass, 58.15% of top Ethereum traders are holding long positions, while 41.85% are holding short positions. Source: CoinGlass Traders Sentiment are Bullish for Ethereum  This data suggests that bulls are back and could trigger…

Ethereum (ETH) whales are eyeing promising opportunities to diversify their portfolios. Recently, a group of ETH whales allocated a significant $2.1 million across Sui (SUI) and the new Ethereum-based gambling casino ICO, Mpeppe (MPEPE). This move has sparked widespread interest within the crypto community as investors explore the future potential of both projects. Let’s dive into why these two tokens are capturing the attention of whales and what it means for investors. The Rise of Sui: A Blockchain Built for…

As Ethereum (ETH) continues to face hurdles in breaking the $2700 resistance level, a new contender has emerged in the cryptocurrency space. Mpeppe (MPEPE), a hybrid meme token with a robust DeFi integration, is rapidly expanding its investor base. With Ethereum (ETH)’s struggles in the market, many are looking at Mpeppe (MPEPE) as the next big opportunity. Ethereum (ETH)’s Stagnation: Why $2700 Seems Out of Reach Ethereum (ETH) has been under pressure for weeks, unable to reclaim its $2700 price…

Ethereum, the second-largest cryptocurrency by market capitalization, has been experiencing noteworthy movements in its derivatives markets. Particularly, according to a recent analysis by a CryptoQuant analyst known as ‘Heisenberg,’ the netflow of Ethereum on derivative exchanges has seen a significant negative shift, exceeding 40,000 ETH. Ethereum Derivative Market Outflow: What It Means For ETH Heisenberg explained that netflow refers to the difference between the amount of Ethereum entering exchanges (inflows) and the amount being withdrawn (outflows). A negative netflow indicates…

Bitcoin (BTC) is inching towards the $57,000 mark after registering an almost 4% increase over the past 24 hours. BTC bulls are trying to push the price back inside the range, indicating that markets have rejected the current breakdown. However, BTC’s recent recovery has failed to rekindle investor interest in crypto or crypto startups.  According to Graph Foundation director Eva Beylin, growing interest in AI startups could be diverting funds from crypto and crypto startups, suggesting that diminished investor interest…

Ethereum (ETH) has been struggling with a significant downturn recently, leaving the asset deep in the red. Over the past week, Ethereum has recorded a 9.2% decline in value, reflecting broader market weakness. However, the past 24 hours have brought a slight change in momentum, with ETH seeing a 3.2% increase in price. Though this uptick is not enough to erase the previous week’s losses, it may signal the beginning of a recovery phase. Is Ethereum At The End Of…

Ethereum co-founder Vitalik Buterin has been in the news of late with his 760 ETH withdrawal–a move that raised eyebrows as speculations about what such external wallet transactions by him could do to the Ethereum market. Transactions are part of a broader trend that has seen wallets associated with Buterin and the Ethereum Foundation actively sell large portions of Ether. It is this aggressive selling that has added to the bearish pressure on Ethereum’s price, which lately slipped to the…

The post AltSeason Alert: ETH Gaining Strength, Last Chance To Buy Before Altcoin Rally? appeared first on Coinpedia Fintech News Amid increased market uncertainty, the Ethereum price has stabilized around the $2,400 mark. Further, with the dominance of Bitcoin constantly declining, investors are considering this to be a sign of the beginning of a fresh Altcoin season cycle. Over the past month, the dominance of lesser-known tokens has increased to 17.02% from 16.32%. Moreover, many altcoins have defied the market…