BlackRock’s iShare Bitcoin Trust (IBIT) registered its first daily net inflow in three weeks, leading to US spot Bitcoin exchange-traded-funds (ETFs) witnessing a combined net inflow of $12.8 million, data from Farside Investors confirms. BlackRock’s Spot Bitcoin ETF Attracts Net Inflows, How About Other ETFs? BlackRock forayed into the Bitcoin ETF space when the US…
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Ethereum, the second-largest cryptocurrency by market capitalization, is experiencing increasing bearish sentiment in its futures market, according to a recent analysis by CryptoQuant analyst ShayanBTC. The analyst reported on the CryptoQuant QuickTake platform that Ethereum’s futures market has shown its lowest funding rates of 2024. This trend indicates that traders in the perpetual futures market…
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Today’s Ethereum-Bitcoin (ETH/BTC) trading pair slid below 0.04, a level last seen in April 2021. The declining ETH/BTC ratio could have multiple implications for the wider altcoin market. Altcoins Might Suffer Due To Weak Ethereum One of the key indicators to gauge the resiliency of the altcoin market is the ETH/BTC ratio. The ratio essentially…
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Ethereum price gained bearish momentum and traded below $2,350. ETH is consolidating losses and might struggle to recover above $2,350. Ethereum started another decline below $2,350 and $2,320. The price is trading below $2,310 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance at $2,360 on the hourly…
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Regardless of the Ethereum (ETH) price’s unappealing performance, the latest analysis from top crypto analysts in the space predicts that the asset might be on the verge of a parabolic rise. In a recent post uploaded on X, renowned crypto analyst Javon Marks has laid out an optimistic scenario for Ethereum, suggesting a potential price…
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Ethereum is wavy when writing as bulls struggle to build momentum and push the coin above the immediate resistance levels at around $2,400 and $2,800. Even so, most ETH holders are upbeat, expecting prices to turn around the corner and soar, even breaking above July highs of around $3,500. 61% Of ETH Holders In The…
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Ethereum price is down over 5% and trading below $2,350l. ETH is signaling an increase in selling pressure and might drop to $2,120. Ethereum started another decline after it failed to clear $2,450. The price is trading below $2,320 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line…
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Ethereum price is holding gains above the $2,300 level. ETH could gain bullish momentum if it clears the $2,380 resistance zone. Ethereum is showing positive signs but facing hurdles near $2,400. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with resistance at $2,365 on…
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Ethereum price is again rising and trading above $2,320. ETH must clear the $2,400 resistance to gain bullish momentum in the near term. Ethereum is attempting a recovery wave above the $2,320 zone. The price is trading above $2,350 and the 100-hourly Simple Moving Average. There was a break above a short-term declining channel with…
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Ethereum price is attempting a fresh increase wave above $2,300. ETH might gain bullish momentum if it clears the $2,400 resistance zone. Ethereum is attempting a recovery wave above the $2,300 zone. The price is trading above $2,330 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at…
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