Investors have pulled about $555 million from U.S. Ethereum ETFs over two weeks, extending the recent trend of fund withdrawals. According to data from SoSoValue, the nine U.S. spot Ethereum ETFs recorded their second straight week of outflows between October 20 and October 24, with investors pulling out roughly $243.91 million during the period. Fidelity’s…
As stablecoins gain mainstream use for daily transactions, users are discovering that the speed and ease they offer often come with higher transaction fees. According to new data from New York-based blockchain analytics firm Artemis, stablecoin payments are growing rapidly across multiple sectors—even though transaction fees often rival or surpass those in traditional banking systems….
Ethereum is struggling below the $3,930 resistance level, but traders believe a strong breakout could be on the horizon. Ethereum (ETH) hovered close to the $3,930 resistance mark during the European session, trading around $3,951.37 with a 24-hour volume of $25.6 billion. As the world’s second-largest cryptocurrency, Ethereum now holds a $476.9 billion market cap,…
Expanding on his comments, Udi Wertheimer explained that many traders were misunderstanding the meaning of large-scale liquidations. “You have $100 in your account and open a $2,000 long position. If that position gets liquidated, you only lose your $100—not $2,000,” he said. “People seem to think $19 billion in liquidations means $19 billion in real…
Video-sharing platform Rumble is gearing up to launch Bitcoin tipping for its 51 million monthly users, in partnership with Tether, the issuer of the world’s largest stablecoin. The new feature aims to make it easier for creators and viewers to send and receive Bitcoin tips directly on the platform, promoting broader crypto adoption in the…
Bitcoin (BTC) briefly surged past $112,000 on Friday, marking a new milestone as investors reacted positively to a softer-than-expected U.S. Consumer Price Index (CPI) report. The data signaled easing inflation pressure, boosting both digital assets and traditional markets, with major stock indexes also closing at record highs. According to market data, Bitcoin climbed nearly 6%…
JPMorgan analysts have suggested that Coinbase could unlock up to $34 billion in value through the future launch of a Base network token. The investment bank described the potential token as a major new revenue stream, adding to Coinbase’s growing focus on USDC yield opportunities and on-chain trading. Traders Pull Bitcoin from Binance, Hinting at…
At press time, the global crypto market cap stood at $3.75 trillion, showing a slight 0.2% drop in the past 24 hours. Bitcoin was trading around $108,720, edging up 0.1%, while Ethereum slipped 1.1% to $3,839. BNB gained 0.9% to reach $1,086, and Solana eased 0.8% to $184. The cryptocurrency market is showing little movement…
Massive ETF Outflows Spark Bitcoin Price Drop Bitcoin’s price has come under pressure this week as investors pulled over $1.2 billion from spot Bitcoin exchange-traded funds (ETFs). The heavy outflows have sparked renewed volatility in the crypto market, pushing BTC down toward the $107,000 mark. Market analysts believe these redemptions reflect short-term profit-taking and portfolio…
As Ethereum’s price slips, major firms are taking advantage of the dip. Joe Lubin-backed SharpLink has increased its holdings to 859,853 ETH (worth about $3.5 billion), while Tom Lee’s BitMine has accumulated 3.24 million ETH—roughly 2.7% of the total supply, valued at around $13 billion. Ethereum’s price has faced some downward pressure lately, but big…