Just when market watchers thought Ethereum was done for this cycle, the second-largest cryptocurrency has pulled off a significant upward move, setting its sights on new highs. While ETH’s price has rallied strongly in the past few weeks, there has also been a sharp increase in futures demand during this period. Record-Breaking Ethereum Futures Open…
Ethereum continues to make waves in the broader cryptocurrency sector, even with its price falling below the $2,700 level once again as Thursday drew to a close. In recent weeks, ETH has shown notable bullish action, and several crypto analysts are highlighting its potential for a huge upward move toward higher levels in the short…
Spot Ether ETFs had their largest single-day inflow of $431 million on December 5th, bringing the total to over $1 billion. BlackRock Ishares Ethereum Trust led with nearly $300 million, followed by Fidelity’s $114 million inflow. This surge indicates growing institutional interest in Ethereum ETFs, coinciding with Ether’s recent price rally to over $4,000. Spot…
The world’s largest asset manager, BlackRock, aims to expand its foray in the digital asset industry following the successful launch of spot Bitcoin and Ethereum ETFs in 2024. In a new venture, the American asset manager is attempting to push the adoption of its money-market token BUIDL as a collateral asset in the crypto derivative…