BlackRock transferred 8,700 Ethereum tokens valued at nearly $15.81 million to Coinbase Prime, coinciding with outflows from its Ethereum ETF wallets. This move follows previous large transfers of Bitcoin and Ethereum to Coinbase by BlackRock and reflects ongoing negative inflows in Ethereum ETFs, with $52 million outflows reported on July 9. Traders are closely watching these ETF flows as they have defined recent quarters, with Q3 historically showing potential for Ethereum price recovery. Ethereum recently gained 2.6% to $1,790, signaling possible reversal after a downtrend.
Ethereum's price has surged back toward $1,800 following a sharp short squeeze triggered by easing geopolitical tensions, particularly after U.S. strikes on Iranian targets initially caused a sell-off. Technical indicators suggest bullish momentum wi...
Options worth $1.75 billion for Bitcoin and Ethereum expired on July 10, reflecting cautious market sentiment. Bitcoin options valued at $1.5 billion had a balanced put-call ratio near 0.97 and a maximum pain level at $62,000, while Ethereum options ...
Ethereum is currently holding a short-term support zone between $1,720 and $1,745, which analysts say is crucial for a potential rally toward $1,840. If ETH maintains this support, it could break above resistance near $1,800 and continue its upward m...
Robinhood Chain, an Arbitrum-based Ethereum Layer 2 network, has quickly gained traction by attracting over $70 million in bridged ETH and reaching around 194,000 daily active users within its first week. The platform supports tokenized real-world as...
Wells Fargo significantly increased its holdings in Bitcoin and Ethereum ETFs, including a 125% rise in Strategy shares and a 65% boost in BlackRock's Ethereum ETF, while reducing stakes in some crypto stocks like Galaxy Digital and Coinbase. The ban...
