Ethereum (ETH)

Ethereum investment products experienced net outflows of $146 million globally last week, largely due to $169.4 million in outflows from US spot Ethereum ETFs. This figure masks $430 million in net inflows into new Ethereum ETFs, overshadowed by $603 million in outflows from Grayscale’s ETHE fund. Additionally, there were minor outflows observed in European ETPs, according to CoinShares’ report. Bitcoin experienced massive outflows of $400 million, marking the first time in...

In a shocking turn of events over the weekend, spurred by mass bitcoin selloffs on Sunday, its price took a tremendous nosedive. Bitcoin’s value dropped by over 12% on Monday morning, going from over $60,000 to less than $53,000 within 24 hours. Bitcoin has not observed such lows since February, when it rallied toward new highs. This downturn also caused ETH to take a massive hit, as its price dropped to around $2,200, falling by over 20%. ETH has not touched this price point since last...

TL;DR Cardano (ADA) reached a nine-month low price, leaving many investors in losses (as of the moment). Input Output introduced a partner chains toolkit to enhance security, though ADA’s price remained unaffected. The RSI indicates it might be oversold, hinting at a potential rebound. Almost Every ADA Investor Goes Underwater The cryptocurrency market has significantly declined in the past few days, with things escalating in the past 24 hours. The sector witnessed a severe...

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Crypto.com’s trading volume surpassed that boasted by Coinbase on August 1, rising to $3.6 billion compared to the latter’s $2.12 billion. Data on crypto market intelligence firm Messari reflected the same. The 23% increase boasted by Crypto.com comes from the robust institutional adoption crypto has been witnessing, with the exchange becoming a go-to for numerous institutional players. The launch of spot ETH ETFs in the US is also a massive factor in dominance displayed by Crypto.com...

The largest cryptocurrency, bitcoin, dropped to price levels below $61,000 from highs of over $65,000 within 24 hours. The asset also nearly peaked past $70,000 earlier in the week. This drop comes despite a US jobs report showing that only 144,000 jobs were added in the past month, a factor that should have caused the asset’s price to rise. News like that often pushes risk assets like stocks and crypto into the green territory. Massive tech stocks also observed losses on Friday, regardless...

RCO Finance (RCOF) has captured significant interest among crypto traders, particularly via its public presale. With a 3,000% ROI on the table, investors are continuously gravitating towards RCOF to capitalize on its profit potential.  However, as RCOF enters Stage 2 of its presale, new investors may be too late to capture all 3,000% gains. Let’s determine whether you can still get a 3,000% ROI from this Ethereum token presale. RCO Finance Showcases AI-powered Features Built on...

Ethereum’s price has been going through a frustrating consolidation period over the past few months following the price’s failure to break above the $4,000 resistance level. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has recently rebounded from the $2,800 mark and rallied toward the $3,500 resistance level. However, the latter has rejected the price to the downside. The market has also dropped below the 200-day moving average, located...

The economic uncertainty in the US pushed bitcoin’s price south hard in the past day or so, and the asset plunged to $60,500 for the first time in almost three weeks. The altcoins are in an even worse state, with SOL, TON, and UNI plummeting by over 5% in the past day. ETH has slipped below $3,000. BTC Sees 3-Week Low The start of the business week couldn’t have foreseen what transpired just several days later. The asset soared to $70,000 on Monday after Donald Trump’s...