Author: msmark

Ethereum exchange-traded funds have broken a critical record as their inflows continue to rise. Ethereum (Ethereum) ETFs have seen inflows for the last 16 consecutive days, breaking a personal record. Net inflow on Friday, December 14 was more than $23.6 million, bringing the total since inception to more than $2.26 billion. According to SoSoValue, all Ethereum ETFs hold more than $13.7 billion in assets. The Grayscale Ethereum ETF remains the largest at over $5.6 billion. It is followed by iShares Ethereum Trust ETF, Fidelity Ethereum Fund, Bitwise Ethereum ETF, VanEck Ethereum ETF, and Franklin Ethereum ETF. One reason for these…

Despite rising more than 65% year over year (YTD), Ethereum (ETH) was overshadowed by Bitcoin (BTC) and other cryptocurrencies like Solana (SOL) and XRP due to its extraordinary price gains throughout 2024. Analysts increasingly rising on ETH, with five-figure price targets expected for the second-largest cryptocurrency. Ethereum finally having its moment? The leading smart contract platform had a relatively modest performance in 2024. ETH traded at $2,350 on January 1, at just above $3,800, representing a gain of more than 65%. However, a 65% annual increase is often viewed as average in the cryptocurrency industry, especially during a bull market.…

Van Eyck It predicted significant developments in the cryptocurrency industry in 2025, ranging from a double-peak bull market to the US adoption of Bitcoin as a strategic reserve asset.The company’s 2025 Outlook report envisions milestones that could redefine the role of digital assets in global finance, driven by regulatory clarity and institutional momentum.Bull market peaks and US strategic dependenceVanEck predicts a double-peak bull market, with Bitcoin (Bitcoin) and Ethereum (Ethereum) Reaching new highs in the first quarter before mid-year consolidation. Additionally, a recovery in the fourth quarter is expected to push both assets past their previous peaks.The company expects Bitcoin…

Bitcoin is back above $100,000 after a slight correction at the beginning of this week. A 2024 Pew Research Center poll showed that 17% of US adults say they have invested in, traded or used cryptocurrency. This statistic has not changed since 2021. Bitcoin’s rise above $100,000 has many investors fearful of losing it. The Fear and Greed Index, which measures market sentiment, reads “Extreme Greed.” However, marginal traders looking to enter trades can consider cheap altcoins as alternatives to the largest cryptocurrency this market cycle. Trump’s Cryptocurrency Plans Are Catalyzing Gains in Bitcoin and Altcoins “We’re going to do…

The Eigen Foundation has allocated 1% of its EIGEN token supply to the Protocol Guild, a group dedicated to Ethereum First-class research and development.according to Cryptocellite data, king The token has a total supply exceeding 1.6 billion. Through this pledge, the Protocol Guild can acquire up to 1.6 million EIGEN tokens, worth approximately $8 million, based on the current price of $5 per token.Eigen stated that the deal for this pledge will be implemented soon.Support the development of EthereumIn a December 13 post on X (formerly Twitter), the foundation explained that the pledge furthers its goal of supporting the growth…

Société Générale has successfully implemented secured market transactions with the Bank of France, using digital securities and central bank digital currencies on the blockchain. Société Générale, FranceIt completed the third largest bank by total assets after BNP Paribas and Credit Agricole blockchainRepo transaction based on the Banque de France, the French National Bank. On December 13th press releaseThe French bank said that the deal includes bonds issued on the Ethereum currency (Ethereum) blockchain, which was used as collateral Central bank digital currency From the Bank of France. According to the announcement, this is the first repo transaction with a central…

This article is also available in Spanish. Ethereum (ETH) has seen a significant 4.7% rebound over the past 24 hours, reclaiming an important support area. This performance has fueled bullish sentiment among some market watchers, who believe that the cryptocurrency will surpass the key resistance level in the coming days. Related reading Ethereum is regaining key support Nearly a week ago, Ethereum jumped above $4,000 for the first time in nine months, approaching its March highs and the long-awaited $4,100 resistance level. However, the cryptocurrency’s rise was temporarily halted after the cryptocurrency market witnessed a major decline. Earlier this week,…

Solana is ranked as the fastest growing blockchain in terms of new cryptocurrency developers, with double-digit growth in one year. According to the electric capital a report On December 12, Solana (Sol) is the number one blockchain for new cryptocurrency developers, with annual growth of 83%, surpassing the world’s largest blockchain, Ethereum (Ethereum). The report found that 7,625 out of 39,148 new developers this year were using Solana as their first blockchain. This number was surpassed by Ethereum with 6,456 new developers and other blockchain groups with 3,383. This trend has been increasing every year since a few years ago.…

Exodus announced updated figures for its digital asset holdings and swap volume as Bitcoin crossed the $100,000 mark. According to a memo sent to Cryptocurrency. News, the company revealed preliminary financial data for the fourth quarter of 2024, which reflects the strong performance in the exchange services it provides. Exodus reported holding over 1,900 bitcoins (Bitcoin) and 2,660 Ethereum (Ethereum) as of December 11. This represents an increase of 100 BTC in its treasury since the end of the third quarter of 2024. CFO James Jernitzky attributed this growth to revenue generated by the platform’s stock exchange aggregator, which processed…

Bybit and analytics firm Block Scholes released a derivatives market report indicating mixed signals regarding Ethereum and Bitcoin. The report highlights the decline in the value of Ethereum (Ethereum) Perpetual open interest, primarily due to the liquidation of over-leveraged long positions. These positions had built up during a period of optimism but were reset by a decline in Ethereum spot prices, according to the report shared with crypto.news. The report also notes that ETH futures did not see the same decline in open interest as ETH perpetual swap contracts during a brief pause in upward price momentum. However, the positioning…