Grayscale’s Ethereum Trust (ETHE) has shifted from a discount to a premium in its net asset value (NAV) for the first time since November 2021, as reported by ycharts.com metrics. This adjustment comes just before the expected debut of spot ether exchange-traded fund listings expected to launch later this month. On July 2, 2024, ycharts.com […]
According to the latest data, $ 305.43 million was liquidated across crypto derivatives exchanges when bitcoin dipped below $ 57,000. One analyst predicts that with the Mt Gox and German government sell-offs, “supply will likely outstrip demand.” Conversely, QCP Capital notes that despite the current crypto sell-off, the options market remains hopeful. Crypto …
A brand-new meme coin is making its way to the top of traders’ watchlist. WienerAI (WAI), a project that’s somehow managed to mash up the worlds of artificial intelligence and sausage dogs, has just hit the $ 6.5 million mark in presale. This success comes as both AI-related cryptos and meme coins continue to …
U.S. spot bitcoin exchange-traded funds (ETFs) experienced their fifth consecutive day of outflows on Thursday, losing $ 139.88 million. Grayscale’s Bitcoin Trust (GBTC) led the decline with a $ 53 million reduction, followed closely by Fidelity’s (FBTC) $ 51 million loss. U.S. Bitcoin ETFs Experience Sustained Outflows The 11 spot bitcoin ETFs …
Curve DAO’s (CRV) price increased over 10% early Wednesday, hitting $ 0.35 and marking a 41% increase from its low since a recent liquidation crisis involving its founder. On-chain data revealed significant accumulation of CRV by whales this week, with reports indicating a particular increase in purchasing during the post-liquidation price dip. This resurgence …