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U.S. spot Ethereum exchange-traded funds now hold more than 5% of the current ETH supply, according to on-chain data.The Block's data dashboard shows that Ethereum ETFs hold 6.3 million ETH ($26.7 billion) in on-chain assets, representing nearly 5.1% of ETH's current supply. Meanwhile, digital asset…
Shares in electric vehicle maker Faraday Future Intelligent Electric fell almost 7% on Monday after the company filed its second-quarter earnings, which also came just a day after announcing a multibillion-dollar crypto reserve plan. Faraday Future Intelligent Electric (FFAI) saw a brief spike as th…
After a larger period of consolidation, Ripple’s XRP may be gearing up for a breakout against Ethereum (ETH), according to a leading analyst.He says that market structure and trading patterns show XRP’s prolonged consolidation period could soon yield to a powerful upward move, coinciding with a pote…
Gala has unveiled new content for VEXI Villages this August. On August 21, seven new Spider Tanks in VEXI style will be introduced alongside achievement updates, timed event preferences, and a store revamp. The month also includes two major events—Midsummer Medley and Fitness Fest—as well as major d…
Ethereum treasury firm BTCS Inc. will issue a one-time Ether dividend payment and a loyalty payment, totaling $0.40 per share in ETH, to reward shareholders and limit “predatory short-selling.”“These payments are designed to reward our long-term shareholders and empower them to take control of their…
TL;DRPrice Pulls Back Near Technical GapEthereum (ETH) is now trading close to $4,350, after falling from recent highs near $4,800. The focus is on a CME futures gap between $4,050 and $4,100. These gaps occur when futures markets reopen after weekends and can often act as magnet levels for the pric…
Ethereum ETF inflows are going off the charts, attracting more corporate investment in the last six weeks than the previous 12 months. In July, ETH-based products definitively outperformed BTC.Corporate inflows are keeping this dynamic afloat, buying the dip at a massive scale and allowing ETH into …
A participant in the Ethereum ICO continues to offload thousands of Ether tokens after dumping millions worth of the cryptocurrency in recent days.
Ethereum’s run toward a new all-time high (ATH) is colliding with shifting sentiment in prediction markets, where traders are recalibrating their bets on whether the cryptocurrency can cross the $5,000 milestone before the end of August.Over the weekend, users on Polymarket saw a 64% chance of ETH h…
Key takeaways:ETH price hit a 4-year high weekly close at $4,475, driven by ETF inflows and high network activity.A key support zone for Ether sits between support at $4,000 and $4,150. Ether price hit another milestone this cycle after the trading pair achieved its highest weekly close since Nove…
Key points:Bitcoin attempts a rebound into a cluster of shorts as market expectations flip bearish on BTC and altcoins.Speculative ETH traders form the largest-ever leveraged short postion, per data from CME Group.Crypto traders could be de-risking ahead of the US Federal Reserve’s Jackson Hole symp…
Cryptos are facing a pullback to start the new week, with both Bitcoin and Ethereum notably dropping. The former is down close to 2%, adjusting lower after failing to get above $124,000 last week. The latter is seeing a similar rejection of the $4,800 mark. The Friday decline already saw Bitcoin los…