The world of blockchain and crypto is always full of drama, and Ethereum is usually in the middle of it. Based in San Francisco, Miles O’Connor is here to help us make sense of the most recent developments on ETH. Mixed messages are making things even more confusing for investors....
Even amidst a nascent crypto winter, Bitcoin and Ethereum ETFs enjoyed record inflows reflecting increasing institutional adoption and confidence in regulated cryptocurrency products. On June 27, Bitcoin ETFs had an incredible $501 million in net inflows. If today’s gains hold, it will be their 14th straight day of net gains!...
Okay, let's be blunt. You’re looking hungrily at altcoins because Bitcoin is BTC is gearing up for another big run, aren’t you. You're thinking, "Easy money! 10x gains!" Maybe. Maybe not. I’m Haruto, a Tokyo-based research analyst, and I know how this movie ends. Before you take the plunge into...
Ethereum is starting to make some waves! When whales begin to accumulate a large amount of ETH, it can be a sign that market sentiment is about to change. On June 16, Ethereum whales bought 1M ETH — the biggest daily buy since 2018. This large build up is indicative...
Ethereum (ETH) is still treading through a somewhat shaky ground, seeing a 1% drop in the last 24 hours. This downturn coincides with Bitcoin (BTC) miner Bit Digital's (BTBT) recent announcement of a strategic pivot toward Ethereum staking and treasury management. Market forces are changing, and the charts tell the...
Crypto exchange-traded funds (ETFs) have also reached a record $62.9 billion. This rise comes after four weeks of unabated inflows, a clear sign that investor appetite for digital assets is accelerating. This recent explosion in popularity has led to much speculation, debate and enthusiasm. The world is watching and waiting...
Bitcoin’s price saw big volatility on the day, briefly hitting new all-time highs with a high of $105,581.85 and as low as $103,646.36. The largest cryptocurrency by market capitalization is trading at $103,867.5 as of writing time, down more than 1% in the past day. This price movement comes against...
Founded in 2020, UK-based Abraxas Capital Management is making a particularly aggressive bearish bet on the cryptocurrency market. The firm has so far bet close to $500 million on Bitcoin, Ethereum, and numerous altcoins going down. This trend demonstrates their wait for increased volatility and more severe market pullbacks. Total...
And the market’s hype for an “altcoin summer” is building up quickly. Regulatory optimism across the pond in the United States is causing a tidal wave of applications for altcoin exchange-traded funds (ETFs). The U.S. Securities and Exchange Commission (SEC) has received at least 31 altcoin ETF applications in the...
Over the past week the entire crypto market has taken quite the dip, mostly fueled by the increasing tensions between Israel and Iran. This article, decoded and dissected for BlockOpulent.com readers, examines the impact of these geopolitical events on major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), offering...
