Ethereum in the spotlight as weekly crypto inflows tap $1.84B

Investment inflows linked to Ethereum rose to $85 million. The price of ETH surpassed $3,600 and could hit $4,000 soon. Last week, digital asset investment products registered a total inflowThe post Ethereum in the spotlight as weekly crypto inflows tap $1.84B appeared first on AMBCrypto.

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Ethereum Registers Massive Inflows Even Though It Shows Subtlety

The second largest cryptocurrency is making a new wave in space in inflows, Ethereum and its related products recorded massive inflows for a second week consecutively. CoinShares’ weekly fund flow report data indicated a total inflow of $5.

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Ethereum Plunges Below $2,000 as Exchange Inflows Reach $445 Million in Minutes

Ethereum has dipped below the $2,000 level after exchange inflows reached a 2021 peak

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Data Shows Institutional Investors Diversifying Out of Bitcoin and Into Ethereum & Other Altcoins

Bitcoin is the only one to record outflow, that too the largest ever; meanwhile, Ethereum and other cryptocurrencies, especially ADA and DOT, continued to see inflows last week, as per the CoinShares report.

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What's the prevailing price plot for Ethereum?

Ethereum's price has recovered from the weekend blues: the price is up 7%. There is an uptick in exchange inflows after a consistent drop in percent balances across exchanges since the end of April 20The post What's the prevailing price plot for Ethereum? appeared first on AMBCrypto.

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Positive Momentum for Ethereum Continues with Another $60 Million in Inflows: CoinShares Report

Cardano (ADA) and Litecoin (LTC) are also seeing a great start with inflows of $6. 6 million and $3. 6 million, respectively. Bitcoin still accounts for the lion’s share of the inflows at $290 million last week.

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Shiba Inu Gets Listed on Binance and FTX After Price Skyrockets

Shiba Inu, an Ethereum based Dogecoin ripoff, has been listed on two important cryptocurrency exchanges today, Binance and FTX, after the price skyrocketed more than 1500% last week. Binance has faced stiff criticism for listing Shiba Inu due to its origin, but their systems are now overwhelmed with associated inflows. Shiba Inu Gets FTX and […]

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Crypto Markets See Record-Setting Week, ETH Enjoys New Highs

Ethereum and bitcoin posted record-setting inflows last week. Further analytics from a recent CoinShares report shows investors dumped more money into crypto last week than any week since February.

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Institutional managers hold a record $13.9B worth of Ethereum

Weekly inflows into Ethereum investment products continue to grow, according to the latest CoinShares report.

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Bitcoin Posted Record Weekly Outflow while Ethereum Showed Strong Inflows: CoinShares Report

Discount on GBTC meanwhile tanked to 19% before recovering to -5.75% as it continues to face increased competition from several Bitcoin ETFs trading in Canada. The post Bitcoin Posted Record Weekly Outflow while Ethereum Showed Strong Inflows: CoinShares Report first appeared on BitcoinExchangeGuide.

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Ethereum Targeting October for The Merge through Scaling Project ‘Rayonism’

Ether is enjoying a lot of momentum with prices aiming for fresh ATH as interest for the cryptocurrency gains interest from retail and institutions alike, as seen in the volume recorded by CME ETH futures, inflows into Ether funds, and four ETH ETFs gaining traction.

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Bitcoin and Ethereum See Record Inflows

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Ethereum posts a new all-time high: What’s next for ETH?

Ethereum (ETH) reentered price discovery mode just four days after reaching an all-time high of $1,764 on Friday. What’s the reason behind the current price increase, and should you buy some ETH now? Fundamental analysis: DeFi sector and institutional inflows push the price up The second-largest cryptocurrency by market capitalization continued its price increase throughout […] The post Ethereum posts a new all-time high: What’s next for ETH? appeared first on Invezz.

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Ethereum Records “Unusual” 4x More Inflows than Bitcoin: CoinShares Report

80% of all inflows went into Ether last week, ahead of the listing of its futures on the CME as investors look to diversify and get “increasingly comfortable with Ethereum fundamentals.” The post Ethereum Records “Unusual” 4x More Inflows than Bitcoin: CoinShares Report first appeared on BitcoinExchangeGuide.

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Ethereum Tops Bitcoin in Weekly Inflows with $195 Million in February

A new CoinShares report released on Feb. 8 shows that recent investment inflow has been heavily favoring Ethereum. The market’s second-largest cryptocurrency drew in $195 million in investment in the first week of February, trouncing other assets.

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Ethereum is Struggling to Hold This Crucial Level Following Recent Rebound

Ethereum has been closely tracking Bitcoin’s price action throughout the past few days, which has caused it to bear witness to immense volatility The cryptocurrency’s price rocketed up to highs of $1,400 last week before facing intense inflows of selling pressure that sent it to $900 It has since recovered from this decline, and it […]

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Chainlink Could Rocket Higher if It Breaks Above One Key Level

Chainlink has been underperforming Bitcoin and the aggregated crypto market as of late, with its price action largely mirroring that of the rest of the altcoin market. While Bitcoin captures investors’ attention with its massive uptrend, major altcoins like Ethereum and LINK have been underperforming, facing inflows of selling pressure as traders chase the BTC […]

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Ethereum Fund Inflows Nearly Double Over Last Week as Investors Switch Focus: CoinShares

Last week’s highlight has been Ethereum than Bitcoin as fund flows doubled from $87 million to $160 million, as per CoinShares weekly fund flow report. While Bitcoin has captured institutional investors' attention, high net worth individuals, family offices, and insurance companies, Ethereum is also trying to follow the leading cryptocurrency.

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Ethereum’s Macro Outlook Shapes Up as Technical Strength Grows

Ethereum has been closely tracking Bitcoin as of late, which has caused it to see some consolidation Where the crypto trends in the mid-term should depend largely on ETH’s continued reaction to the $600 region Just as $19,000 is a key level for Bitcoin at the present moment, $600 is a crucial level for ETH, as breaks above this level often lead to inflows of buying pressure Where the cryptocurrency trends in the days and […]

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Ethereum Faces “No Resistance” Until $800, Signaling Its Rally is Just Starting

Ethereum has been struggling to break above $600 throughout the day, with the selling pressure proving significant. Each break above this level has caused it to see inflows of selling pressure that have slowed its growth and caused it to see slight rejections at this level.

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Bullish Trend: Chainlink’s Top Investors are Accumulating at a Rapid Pace

Chainlink’s price action has been rather lackluster as of late, with its price lacking a clear trend as it consolidates alongside Ethereum and the rest of the crypto market. However, there’s a strong possibility that this will soon shift as Bitcoin’s ongoing uptrend will eventually lead to a capital rotation even that causes significant inflows […]

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Bitcoin Bulls Remain in Full Control as Long as They Defend a Few Key Levels

Bitcoin has witnessed intense inflows of selling pressure throughout the past several hours on news of Bithumb’s Korean offices being “raided” by authorities Although it remains unclear as to why the raid took place – or why Bitcoin investors should care – it instantly led fear to spread throughout the industry This created shockwaves that caused many other digital assets to plunge lower as well, with Ethereum at one point dropping from highs of $480 […]

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Margin Traders Go Short on Polkadot as Its Massive Ascent Continues

Polkadot has become a rising star within the crypto markets, with the layer one “Ethereum killer” seeing massive inflows of capital throughout the past few weeks that have allowed it to become one of the largest crypto assets.

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After Surging 25% in 5 Days, Ethereum Forms Sign Last Seen Before March Dump

Ethereum has seen an extremely strong rally over the past few days. The asset reached a high of $310 on Saturday — the highest price in 2020 thus far. ETH is up approximately 25% in the past days, having benefited from an extremely strong influx of capital inflows.

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Analyst Who Predicted Bitcoin’s $3,000 2018 Bottom Says This is Next

At the start of 2018, everyone thought Bitcoin was going to the moon, so to speak. 2017 saw the price of BTC surge by thousands of percent, boosted by retail inflows which itself was caused by the hype around altcoins like Ethereum.

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Bitcoin Price Rise Fuelled by Experienced Crypto Traders

Bitcoin’s 2019 parabolic rise is coming from veteran cryptocurrency traders, not newbies, the latest data suggests.   Newbies Absent From 2019 Bitcoin Boom Analysis of capital inflows into Bitcoin , courtesy of monitoring resource Coinlib, shows huge influxes from both altcoin markets and stablecoin Tether.

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Institutional Investors Are in Love With Bitcoin, Grayscale Report Reveals

In its recent Digital Asset Investment Report, Grayscale Investments LLC, an investment company that specializes in cryptocurrency funds, revealed that it has raised $250 million through new asset investments in this year alone.

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