On Monday, Oct. 7, bitcoin (BTC) reached an intraday peak of $ 64,444, giving traders plenty to buzz about. By the end of Monday’s trading sessions, BTC had gained 2% against the U.S. dollar. The global crypto trading scene saw an impressive $ 92.617 billion in volume, with bitcoin grabbing a $ …
Crypto Market Holds Strong Despite Monday Dip: MOODENG and ETHW Shine
The crypto economy had a fairly solid week, though Monday morning brought a bit of a dip. The market currently holds at $ 2.26 trillion, reflecting a 1.6% drop over the last 24 hours. Among the big winners, meme coin MOODENG took the spotlight, soaring by 400%, while ETHW snagged second place with an …
Spot Bitcoin ETFs See $61.98M Inflows on Monday as Ether ETFs Struggle
On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) saw an influx of $ 61.98 million, while spot ether ETFs experienced net outflows totaling $ 13.52 million. Among the 12 BTC ETFs, Blackrock was the standout performer, while Grayscale’s Mini Ethereum Trust led the gains in the ETH ETF category. Spot Bitcoin ETFs Gain …
Grayscale Report: Liquidated Long Perpetual Positions Fueled ETH’s Black Monday Flash Crash
Ethereum’s Aug. 4 decline could have been fueled by the liquidation of a portion of long positions in perpetual futures, the Grayscale report concluded. The crypto asset’s decline was epitomized by its over 7% drop in just three minutes on Aug. 4. Jump Crypto’s rumored offloading of more than 17,500 ether coins, as well as […]
US ETH ETFs Draw $48.73M on Monday; Grayscale’s $46.84M Outflow Dampens Impact
On Monday, U.S. spot ethereum exchange-traded funds (ETFs) recorded their second-highest inflows since their inception. Approximately $ 48.73 million was added, yet the nine funds collectively remain in the red, with a deficit of $ 461.98 million, primarily due to significant outflows from Grayscale’s Ethereum Trust. Blackrock Leads $ 48.73M Inflows for …