Deutsche Borse’s Xetra prepares to list two Ether ETPs and a Bitcoin Cash ETP on Tuesday, stating that crypto ETFs are unlikely to come soon due to EU regulations. Deutsche Borse’s electronic trading platform, Xetra, is preparing to launch its first Ether (ETH)-based exchange-traded products, or ETPs. According to data from Xetra, the platform is…
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A sharp spike in the 10-year U.S. Treasury yield and an extended Big Tech sell-off is weighing on cryptocurrency prices as investors flee risk-on assets. Bitcoin (BTC) continues to struggle below $50,000 on March 5 as a spike in the 10-year Treasury yield to 1.62%, its highest level in over a year, has taken a…
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Miners weigh in on lucrative ETH mining payouts as the blockchain eyes a transition away from its proof-of-work consensus in 2021. Ethereum miners continue to enjoy lucrative payouts for their efforts in 2021, while the smart contract blockchain platform edges closer to a move away from its proof-of-work consensus. The past few months have been…
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New research from CrossTower argues institutional buyers will hold BTC prices above $50,000. In a report shared with Cointelegraph, institutional crypto trading platform CrossTower asserts that large investors will not let Bitcoin (BTC) fall back below $50,000. According to the report, addresses holding over 1,000 BTC rose to record highs in January on the heels of sizable…
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Using multi-leg options can give traders a less risky way to invest in Ethereum price as it pushes above $2,000. This week Ether (ETH) price finally broke through the $2,000 level as aggressive institutional inflow through Grayscale Investments products and declining exchange reserves signaled that buying pressure was increasing. While many traders are skilled at…
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Venus protocol becomes the top-ranked DeFi platform on the Binance Smart Chain as XVS price and the total value locked in the platform reach new highs. As decentralized finance continues to increase it hold on the wider cryptocurrency market, Binance Smart Chain (BSC) is beginning to emerge as a suitable option for traders looking to…
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Bitcoin has been outperforming Ethereum in the past few days as one popular trader says this is a result of “simple math.” Bitcoin (BTC) has been outperforming Ether (ETH) in the past several days as BTC surged above $50,000 for the first time in history. Meanwhile, one popular cryptocurrency trader explains that this is “simple…
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Today’s Ether market is nothing like it was in 2018, says Ki Young Ju, as data reveals huge Coinbase outflows taking place last year. Ether (ETH) hit fresh all-time highs and neared $2,000 for the first time on Feb. 18 as momentum returned to trading. ETH/USD 1-day candle chart (Bitstamp). Source: TradingView ETH sets sights…
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Both on-chain and trading metrics indicate Ether dips are meant for buying as ETH eyes $2,000. In the early hours of Feb. 15, Ether (ETH) price plunged to $1,660, followed by a 9% recovery within 10 hours. The move triggered $280 million in futures contracts liquidations, indicating excessive leverage from longs. Although the initial anxiety…
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Investors are nervous that this week’s CME ETH futures launch will be a repeat of Bitcoin’s 2017 CME launch but data suggests otherwise. Bitcoin’s (BTC) abysmal December 2017 futures launch quickly fell short of investors expectations and even though the CME BTC market has surpassed $2.5 billion in open interest, the initial launch has reinforced…
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