According to the latest numbers, U.S. spot bitcoin exchange-traded funds (ETFs) raked in $ 135.95 million in inflows on Tuesday. Meanwhile, spot ether ETFs were not left behind, attracting $ 62.51 million in new capital. U.S. Bitcoin ETFs Reap $ 135M Inflows, Ether Funds Close Behind with $ 62M It was …
Ethereum Technical Analysis: ETH Trades Above $2,600 Amid Strong Market Activity
Fedwatch Tool and Polymarket Indicate Strong Odds for September Rate Cut
Right now, the market is leaning towards the U.S. Federal Reserve lowering the benchmark interest rate at the Sept. 18, 2024, Federal Open Market Committee (FOMC) meeting. The CME Fedwatch tool currently indicates a 75% likelihood of a 25-basis-point (bps) rate cut. Over on Polymarket, bettors are even more confident, showing an 82% chance of […]
Ethereum Technical Analysis: ETH Faces Persistent Downtrend Despite Strong Market Activity
On August 12, 2024, ethereum (ETH) was priced at $ 2,683, fluctuating within a 24-hour range of $ 2,523 to $ 2,720. With a market capitalization of $ 321 billion and a trading volume of $ 17.58 billion, ether continues to exhibit significant market activity. However, technical indicators suggest ongoing …
Online Gaming Veteran: Top Tech, Strong Marketing Key to Web3 Growth and Adoption
While the biggest blockchain bridge hacks have centered on private key mismanagement, according to Joshua Tobkin, CEO of Supra, smart contract errors and cryptography implementation issues also contribute to cybercriminals’ success. Tobkin said while bridges are poised to play an increasingly critical role in blockchain interoperability, their control by a small number of validators poses […]