Bitcoin Could Retract to $36K Before Uptrend Resumes, QCP Capital Says
In a recent note, the Singapore-based investment fund said expects topside resistance for bitcoin in the $45k-$48.5K region.
ETH
Bitcoin Hovers Over $41K as Memecoin, Ordinals Frenzy Clogs up Blockchains
Longs continue to get liquidated as the price of bitcoin and other major digital assets gyrate.
Bitcoin, Ether, and Major Altcoins in Deep Red
Bitcoin and Ether lead in liquidation heatmap with over $335 million in rekt positions in the last 12 hours.
Early Ether Investor Moves Nearly $90M ETH to Kraken
Moving to an exchange could suggest the investor is likely to sell the asset for stablecoins or other tokens.
Fidelity Wants to Create an Ether ETF, Joining BlackRock in Doubling Down on Crypto
Gary Gensler’s SEC must now decide what to do about multiple applications for BTC and ETH ETFs (Jesse Hamilton/CoinDesk)
Crypto Futures Funding Rates Normalize After Bitcoin Drops to $35.6K
Large movements in spot markets led to open interest surging to $35 billion over the weekend, indicating highly leveraged bets from traders hoping for even higher prices.
Ethereum Fees Briefly Jumped to $100 After BlackRock’s ETH ETF Filing
Fees spiked to as high as 270 gwei late on Thursday, the data shows, temporarily touching a level last seen in June 2022.
BlackRock’s Ethereum ETF Plan Is Confirmed in Nasdaq Filing
The world’s largest asset manager already made waves by seeking to list a bitcoin ETF
ETH Soars Above $2K as BlackRock iShares Ethereum Trust Registered as Corporate Entity in Delaware
BlackRock declined to comment on the filing.
Ether Could Hit $3,000 as Soaring Network Activity Turns Token Deflationary
The Ethereum blockchain settled $250 billion of transactions last week, the highest since mid-March, underpinning ether’s bullish outlook.