Ethereum spot ETFs recorded $446.71 million in net outflows on Sept. 5. This is the second-largest single-day outflow since the products launched. Summary Ethereum ETFs saw $446.7m outflows Sept 5, second-largest since launch. BlackRock led with $309.9m in redemptions, followed by Grayscale and Fidelity. ETH trades near $4,300 after recent highs of $4,900 triggered profit-taking….
A lukewarm U.S. employment report for August sparked a broad crypto rally Friday. Traders appear to have interpreted the stagnant data as a signal for potential monetary easing, pushing Bitcoin above $113,000 and lifting altcoins across the board. Summary Bitcoin climbed above $113K as a soft August U.S. jobs report sparked a broad crypto rally….
After weeks of decline, top altcoins are flashing green again. Ethereum, Solana, and XRP are showing signs of recovery but is this the start of a bigger rally? Summary Altcoin momentum builds as “Red September” fears fade and technicals flash early bullish signals. Ethereum is up 21.9% in 30 days, holding above $4,250; exchange supply…
Gemini, the crypto exchange founded by the Winklevoss twins, has expanded its European operations with Ethereum and Solana staking services and USDC-denominated derivatives. Summary Gemini launched ETH and SOL staking and USDC perpetual contracts in the European Economic Area. The expansion follows regulatory approvals under Malta’s MiCA in August and the EU’s MiFID II in…
Shrinking exchange balances on Binance suggest Ethereum holders are pulling coins off the market, a move that could tighten supply and set the stage for next rally. Summary Ethereum price is at $4,330, consolidating just under $4,400 after a late August peak. Binance’s Ethereum supply ratio fell from 0.041 to 0.037, suggesting reduced sell pressure….
Ethereum layer 2 Linea has announced the launch of its long-awaited token with a community-first model that rejects venture capital allocations. Summary Linea token launch will take place on Sept. 10, with 85% allocated to ecosystem growth and no VC or team share. 9% of supply goes to early users through fully unlocked airdrops; 75%…
Grayscale is leveraging its own ecosystem to launch the ETCO fund, a strategy that writes call options on its existing Grayscale Ethereum Trust ETFs, creating a new product designed to generate yield from volatility. Summary Grayscale launched the Ethereum Covered Call ETF (ETCO) on NYSE Arca, an income-oriented fund that writes call options on its…
Ethereum’s price momentum is getting a boost from big-money moves. BitMine Immersion Technologies has just added hundreds of millions worth of ETH to its holdings, marking one of the largest single-day purchases this year. Summary BitMine bought 80,325 ETH worth $358 million, boosting its total stash to 1.87 million ETH valued at $8.1 billion. Corporate…
Bad actors have started using Ethereum smart contracts to deploy malicious software and code, and are therefore able to bypass traditional security scans using this novel technique. Summary The npm packages use Ethereum smart contracts to hide malicious payloads. Researchers believe it is part of a larger campaign that primarily operates through GitHub. Researchers at…
Ethereum has pulled far ahead in total value locked while Solana remains stuck despite strong network activity. Summary Ethereum’s DeFi TVL has jumped from $43B in April to $92B, aided by yield strategies, institutional inflows, and an ETH rally. Solana’s TVL is holding at $25.7B backed by $12.46B in stablecoins and $118B in 30-day DEX…
