Ethereum spot ETFs recorded $55.71 million in net inflows on November 21, breaking an eight-day outflow streak. Summary Ethereum ETFs ended an eight-day outflow streak with $55.71M in net inflows. Fidelity’s FETH drove recovery with $95.4M inflows while BlackRock saw $53.7M out. ETH price stayed below $2,800, down 12.9% weekly and 28.9% over the past…
Ethereum falls below $2,700 as cryptocurrency market decline continues. Summary Ethereum, Bitcoin, and other tokens declined to multi-month lows, triggering liquidations of leveraged positions. Spot Bitcoin and Ethereum ETFs saw consecutive net outflows, while some other networks attracted inflows. Bitmine bought more Ethereum during the decline, but treasury firms now face substantial unrealized losses. Ethereum…
Bitmine continues its Ethereum buying spree while chairman Tom Lee warns that crypto markets are still struggling with weak market maker liquidity. Summary Bitmine’s latest ETH purchase strengthens its push to build one of the largest corporate crypto treasuries. The firm continues buying through OTC desks during market volatility, leaning on equity raises and staking…
Numerai — the San Francisco hedge fund that looks more like a sci-fi lab than a Wall Street operation — has raised $30 million in Series C funding, the company announced. Summary Numerai scored backing from university endowments and existing investors like Union Square Ventures and Paul Tudor Jones. The AI-driven hedge fund now marches…
Ethereum is trading near significant demand levels as volatility continues across cryptocurrency markets, new on-chain data shows. The second-largest cryptocurrency by market capitalization is hovering near short-term support following weeks of selling pressure. Summary Ethereum price nears key support: Ethereum is trading near short-term support levels after weeks of selling pressure, with on-chain data from…
Summary Tom Lee claims Ethereum is following in Bitcoin’s footsteps, warning of steep corrections but vast upside. Detractors ask what sets Ether apart from hundreds of rival coins and question its real-world utility for traditional finance. Future growth depends on stronger on-chain activity, Layer 2 innovation, and expanded institutional adoption. Ethereum (ETH) is “entering the…
Ethereum price crashed to an important support level as its open interest slipped and exchange-traded funds outflows accelerated. Summary Ethereum price has crashed by 35% from its highest level this year. The supply of exchanges has been in a strong freefall in the past few months. Ether has formed a small double-bottom pattern on the…
The crypto market continued its crash last week, with the total valuation of all tokens plunging to $3.24 trillion from over $4.27 trillion a few weeks ago. Summary The crypto market crash has accelerated in the past few months. Bitcoin and most altcoins have all moved to a bear market this year. A recovery will…
Saylor denies Bitcoin sale rumors, DOJ convicts North Korean scheme helpers, BitMine names new CEO | Weekly Recap
Ethereum price continues to weaken as long-term holders sell at their fastest pace since 2021, putting steady pressure on ETH market sentiment. Summary Ethereum price is sliding as long-term holders increase daily sell pressure Futures data from CryptoQuant shows net taker volume is still negative, suggesting buyers have not regained control. Technical indicators and moving…
