News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Analysts believe Ether will see “tremendous” price action once spot ETFs build momentum, similar to Bitcoin after the launch of spot Bitcoin ETFs.
Share link:In this post: Ethereum’s spot ETF launch didn’t cause the market to explode, with inflows of $107 million on the first day. Ether is currently trading below key moving averages, indicating short-term bearish momentum despite a long-term bullish outlook. Analysts remain bullish, expecting Ethereum to break all-time highs with sustained institutional interest.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the infor
Spot Ethereum ETFs recorded $106.7 million in net inflows on Tuesday.“I think they pretty much met expectations for me,” Bloomberg Intelligence’s James Seyffart told The Block.
Chainalysis identified that the expansion of crypto-linked disinformation campaigns by actors like SouthFront and ISWN poses risks to global elections in 2024.
- 03:36A whale shorting ETH at 25x leverage closed the position an hour later, losing $333,600According to Lookonchain monitoring, the whale that deposited 3.36 million USDC into Hyperliquid and shorted ETH with 25x leverage an hour ago has closed the position, incurring a loss of $333,600. The whale's total nominal short position was 41,947 ETH (worth $92 million), with a liquidation price of $2,247.1.
- 03:35Metaplanet Issues $21.25 Million Zero-Interest Bonds to Increase Bitcoin HoldingsMetaplanet announced that the company has passed a board resolution to issue the 13th series of ordinary bonds to EVO FUND, amounting to $21.25 million, with an interest rate of 0%, for the purpose of purchasing Bitcoin.
- 03:27VANA to Unlock Tokens Worth Approximately $9.7 Million in One WeekAccording to RootData token unlocking data, vana (VANA) will unlock approximately 1.62 million tokens, valued at about 9.7 million USD, on May 16 at 19:00 (UTC+8).