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Month: July 2024

cryptocurrency July 15, 2024

Crypto inflows increased last week, recording $1.44 billion in positive flows to digital asset investment products. This brings year-to-date (YTD) inflows to $17.8 billion, effectively beating 2021 highs. Advertisements The crypto market is staging a recovery, flashing green as Bitcoin (BTC) treads in the $62,000 range. The global cryptocurrency market capitalization is up almost 5% […]

cryptocurrency July 15, 2024

Justin Sun’s recent 14,436 ETH purchase from Binance continued his strategic investments in Ethereum. Sun’s history of buying ETH has revealed a calculated investment pattern, resulting in over $50M in unrealized profits. Justin Sun, the founder of Tron [TRX], has reportedly made another significant transaction involving Ethereum [ETH].  Advertisements According to on-chain analytics provider Spot […]

cryptocurrency July 15, 2024

Inflows into Ethereum (ETH) digital investment products have now reached the highest value since March. This new record suggests that ETH’s price may continue recovering as it has within the past week. Advertisements ETH’s price as of this writing is $3,338, representing a 4.12% increase in the last 24 hours. But will the altcoin price […]

cryptocurrency July 15, 2024

Ethereum price started a major increase above the $3,250 resistance zone. ETH even surpassed $3,300 and aims for more upsides in the near term. Advertisements Ethereum is gaining pace above the $3,250 level. The price is trading above $3,250 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support […]

cryptocurrency July 15, 2024

Nate Geraci, president of ETF Store, predicts the imminent approval of the spot Ethereum (ETH) exchange-traded fund (ETF). Advertisements Analysts and industry leaders, including Matt Hougan from Bitwise Asset Management, have echoed Geraci’s optimism. They believe the approval could drive substantial interest and investment in Ethereum, potentially reshaping the market and broader crypto industry. Industry […]

cryptocurrency July 14, 2024

The increase in the Coinbase Premium Gap suggests a price increase for ETH. However, ETH might not reach $4,000. According to data from CryptoQuant, crypto investors have been buying Ethereum [ETH] in large numbers. This was evident from the trend of the Coinbase Premium Gap. Advertisements This metric measures the difference between the ETH price […]

cryptocurrency July 14, 2024

Ethereum has shown some degree of resilience in the face of heavy volatility in the broader crypto landscape, keeping ground above the $3,000 barrier in a week when Bitcoin stumbled under the weight of German economic policies. Advertisements Related Reading Ether hodlers are keenly observing as the terrain of digital currencies undergoes notable changes; many […]

cryptocurrency July 13, 2024

Ethereum fees declined significantly and hit its lowest point in over a month Developers continued to work on the Pectra update, with the testnet expected to launch next week Ethereum [ETH] has seen a significant surge in price over the past week, with the altcoin even managing to push past the $3,000-level. This has inspired […]

cryptocurrency July 13, 2024

As the market anticipates the US Securities and Exchange Commission’s (SEC) final decision on a spot Ethereum exchange-traded fund (ETF), experts believe these products will attract new investment and attention to the industry. Advertisements On July 12, Kraken’s Head of Strategy, Thomas Perfumo, told Bloomberg that Ethereum ETFs will elevate the market. ETF Approval Could […]

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