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Analyst eyes Ether 'major push' to $3.5K, traders bet against dip
Analyst eyes Ether 'major push' to $3.5K, traders bet against dip

A crypto analyst says Ether could make a "major push" to $3,500 if it holds a $2,800 weekly close. Meanwhile, futures traders are betting on an upward move.

Cointelegraph·2024/08/24 07:51
PEPE Price in Trouble as Whale Activity Declines – Here’s What You Need to Know
PEPE Price in Trouble as Whale Activity Declines – Here’s What You Need to Know

A recent spike in selling suggests that most whales may have offloaded their holdings in the meme token.

CryptoNews·2024/08/23 22:24
Flash
  • 04:09
    Ethereum Spot ETF Recorded a Total Net Inflow of $109 Million Yesterday, Marking 12 Consecutive Days of Net Inflows
    Odaily Planet Daily News: According to SoSoValue data, yesterday (June 3, Eastern Time), the total net inflow of Ethereum spot ETFs was $109 million. The Ethereum spot ETF with the highest single-day net inflow yesterday was Blackrock's ETF ETHA, with a single-day net inflow of $77.0596 million. Currently, the historical total net inflow of ETHA has reached $4.731 billion. Next was Fidelity's ETF FETH, with a single-day net inflow of $20.973 million. Currently, the historical total net inflow of FETH has reached $1.563 billion. As of the time of writing, the total net asset value of Ethereum spot ETFs is $9.813 billion, with an ETF net asset ratio (market value compared to the total market value of Ethereum) of 3.11%. The historical cumulative net inflow has reached $3.233 billion.
  • 04:08
    Tether CEO: Will Continue to Focus on Non-U.S. Markets, Does Not Rule Out Issuing New Stablecoin in the U.S. After "Appropriate Regulatory Framework Emerges"
    According to ChainCatcher, Bloomberg reports that Tether CEO Paolo Ardoino recently stated in a Bloomberg interview that despite the Trump administration's friendly stance towards cryptocurrencies, the company's "main interest" will still focus on regions outside the United States. Data shows that stablecoin payment transactions reached $51.4 billion in 2024, a significant increase from last year, with Tether's USDT holding a market share of 62% to 91% in most regions globally. Singapore, Hong Kong, and Japan together account for 36.3% of global stablecoin traffic, far surpassing the United States' 18.7%. Ardoino stated that the company will continue to focus on emerging markets such as Latin America, Asia, and Africa, while not ruling out the possibility of issuing new stablecoins in the United States once a "suitable regulatory framework emerges."
  • 04:07
    ETH ICO Whale Transfers 996 ETH to CEX Again 6 Hours Ago
    According to a report by Jinse Finance, monitored by on-chain analyst Ai Yi (@ai_9684xtpa), the "ETH ICO 1 million ETH whale" deposited 996 ETH into a CEX 6 hours ago, valued at $2.6 million, with a cost as low as $0.31. Currently, the whale still holds 48,748 ETH. If estimated at a rate of selling 960 ETH every two days, the remaining tokens will be completely sold out in about 100 days.
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