This week in cryptocurrency, Bitcoin is forecasted to have a bearish summer due to resistance levels and weakening momentum, despite earlier bullish predictions. Meanwhile, investor interest in Bitcoin-linked strategies could create a self-reinforcing buying cycle. A notable crypto wallet recovery also made headlines, highlighting security challenges. Additionally, the Clarity Act advanced in the Senate, signaling regulatory progress. Experts suggest the crypto winter may be ending, with Ethereum's sustained gains as a key indicator.
A crypto whale purchased approximately $7.22 million worth of nine different tokens within 24 hours. The largest buys were 378,129 Lighter (LIT) tokens valued at $1.4 million, followed by 6.61 million Ethena (ENA) and 3 million Ondo (ONDO) tokens, ea...
U.S. spot Bitcoin ETFs attracted $524.8 million on Wednesday, extending a three-day inflow streak to about $1.07 billion and reversing October losses by roughly $460 million. This inflow surge follows a prior two-week outflow totaling around $910 mil...
On October 21, spot Ether (ETH) ETFs experienced divergent fund flows. The Grayscale Ethereum Staking Mini ETF led inflows with $28.07 million, followed by Fidelity's FETH ETF with $13.03 million. In contrast, BlackRock's ETHA ETF recorded the larges...
Ethereum developers have canceled the Glamsterdam upgrade scheduled for October 26 on the Hoodi testnet, instructing node operators to continue using the current software without the planned fork. This cancellation introduces uncertainty about the up...
Ether (ETH) fell 1.41% within an hour to $2,442 on Binance's ETH/USDT spot market, marking a $35 decline from the previous hour. Over the same period, long position liquidations across Binance, Bybit, and OKX totaled $7.52 million, while short liquid...
