Ethereum surged 29.8% over the past week, reaching a high of $2,546 fueled by strong inflows into Ethereum ETFs, short covering, and reduced exchange supply. Spot ETFs attracted nearly $700 million in net inflows, with major players like Blackrock leading demand. The rally was supported by a shrinking supply of ETH on exchanges and increased futures activity, although liquidations hit $265 million amid volatile trading. Traders are watching key support levels around $2,400 and the impact of ETF flows for the coming days as Ethereum's market dominance approaches 11%.
Bitcoin is currently 39% below its all-time high, with Ethereum down 55%, and meme coins like Dogecoin and TrumpCoin falling 90% to 99% from their peaks. In contrast, the S&P 500 is only about 3% below its record high, showing much smaller losses. Th...
Ether (ETH), the second-largest cryptocurrency by market value, climbed above the $2,300 mark, reaching $2,311 on the Binance spot market as of 10:29 p.m. ET on November 1. This price reflects a $15 increase within 15 minutes and a 0.60% gain over th...
Thorchain experienced an emergency pause across 12 networks after a one-block Ethereum reorganization caused a 10 ETH double refund error. This accounting glitch disrupted cross-chain swaps and inadvertently delayed laundering of funds stolen in Bina...
Ethereum price rose about 1.19% to around $2,268 as talks between Iran and the US, mediated by Qatar, proposed reopening the Strait of Hormuz within two days if Iran's conditions are met. This potential reopening could ease energy supply concerns and...
STX tops the Korean crypto interest index with a score of 86.3, showing a domestic trading share 51.5 times larger than its global share. Other notable assets with strong domestic trading include ENA and WLD. BTC has a smaller domestic share compared...
