Author: Digicoinvision
Key Takeaways Ethereum ETFs added +16.9k ETH after last week’s –105k outflows, showing renewed institutional demand. Exchange reserves fell 4.41% to $80.7 billion as Binance traders leaned bullish. However, liquidation clusters near $4,700 remain key hurdles. Since last week, Ethereum [ETH] has seen a dramatic shift in ETF flows as institutional investors recorded –105k ETH in net outflows – Ending a strong multi-week inflow streak. This sudden reversal unsettled the market, hinting at fading institutional confidence. However, the week started on a positive note, with +16.9k ETH flowing back into Spot ETFs and showing signs of renewed appetite. At the…
Key takeaways:Bitcoin price needs to hold above $110,000 to avoid further losses.The Taker-Buy-Sell-Ratio is down to levels last seen in November 2021, when BTC price reached its cycle peak.Bitcoin’s (BTC) price saw modest gains on Wednesday, rising 0.9% over 24 hours to trade at around $111,000.Several analysts said the next most crucial support remains $110,000, and the price must hold it to avoid a deeper correction.“BTC is at a make-or-break level,” said Swissblock in a Wednesday post on X. The private wealth manager asserted that Bitcoin’s “lifeline support” sits at $110,000, a level bulls must hold to ensure the bullish trend…
Join Our Telegram channel to stay up to date on breaking news coverage An altcoin season could take off later this year, driven by the SEC’s expected approval of ETFs for smaller-cap tokens and a rebound in Bitcoin ETF inflows. That’s according to researchers at Bitfinex, who said in research note that such a “rising tide lifts all boats’ environment” is poised for later in the year. Once new crypto ETFs and Bitcoin ETFS start to gain momentum, they are likely to generate sustained demand, the researchers said, adding that this would create the conditions “for a broader re-rating across…
Key takeaways:Bitcoin price needs to hold above $110,000 to avoid further losses.The Taker-Buy-Sell-Ratio is down to levels last seen in November 2021, when BTC price reached its cycle peak.Bitcoin’s (BTC) price saw modest gains on Wednesday, rising 0.9% over 24 hours to trade at around $111,000.Several analysts said the next most crucial support remains $110,000, and the price must hold it to avoid a deeper correction.“BTC is at a make-or-break level,” said Swissblock in a Wednesday post on X. The private wealth manager asserted that Bitcoin’s “lifeline support” sits at $110,000, a level bulls must hold to ensure the bullish trend…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Nasdaq-listed SharpLink Gaming disclosed today that it purchased an additional 56,553 Ethereum (ETH) during the week ending August 24. The latest acquisition brings the company’s total ETH holdings to approximately $3.7 billion. SharpLink Gaming Enhances Ethereum Holdings According to an announcement made today, SharpLink Gaming is not holding back from buying ETH despite the current market turbulence. The company stated it had purchased 56,553 ETH during the week ending August 24. Notably, SharpLink’s latest ETH buy was its fourth consecutive weekly purchase of the digital asset in…
What if one cryptocurrency could turn a modest investment into a fortune within months? In today’s market, opportunities appear and vanish in the blink of an eye, leaving many investors asking: which token has the potential to be tomorrow’s breakout star? Among recent market movers, Arctic Pablo Coin (APC) is making waves with its innovative presale. At the same time, Official Trump Coin and Bonk show extraordinary trading activity that keeps the spotlight on meme coins. With APC’s presale entering a high-stakes phase, hesitation could mean watching from the sidelines while others reap life-changing gains. This article will cover the…
Ethereum (ETH) recently broke through to a new all-time high above $4,900 before undergoing a correction. As of now, the asset trades at $4,520, reflecting an 8.9% pullback from its peak but still up 7.6% over the past week. The move follows weeks of strong upward momentum that returned ETH to price levels unseen since the 2021 bull cycle. While Ethereum’s long-term trend remains upward, analysts are examining short-term patterns to explain the market’s current volatility. One such perspective comes from XWIN Research Japan, a contributor to CryptoQuant’s QuickTake platform, highlighting how recurring liquidation cycles are shaping ETH’s price action,…
US prosecutors appealed the sentences of time served given to the co-founders of HashFlare, a crypto mining service and $577 million Ponzi scheme.Prosecutors told a Seattle federal court on Tuesday that the government was appealing the sentences handed down earlier this month to Sergei Potapenko and Ivan Turõgin to the Ninth Circuit.Potapenko and Turõgin were in custody for 16 months in their native Estonia after their arrest in October 2022 and were extradited to the US in May 2024, where they pleaded guilty to conspiracy to commit wire fraud.The government had argued that the pair should get 10 years in…
An Interpol coordinated operation led to a sweeping cybercrime crackdown across Africa, resulting in 1,209 arrests and the recovery of $97.4 million. In Angola, authorities shut down 25 illegal cryptocurrency mining centers and confiscated 45 illicit power stations and equipment worth over $37 million. Angola Cracks Down on Illegal Crypto Mining Authorities in Angola recently […]
XRP futures became the fastest contract in CME Group history to cross $1 billion in open interest (OI), achieving the milestone in just over three months.CME Group reported its crypto futures suite surpassed $30 billion in notional open interest for the first time, with XRP and Solana futures each crossing the $1 billion threshold. Additionally, Ethereum reached the OI record of $10.5 billion.The derivatives exchange stated:“Our Crypto futures suite just surpassed $30B in notional open interest for the first time ever. Our SOL and XRP futures, along with ETH options, each crossed $1B in OI, with XRP being the fastest-ever…