Bitcoin Hovers Over $27.5K, Crypto Bulls Face $100M Liquidations as Altcoins Drop
The ongoing conflict in the Middle East impacted prices of riskier assets, such as bitcoin, on Monday.
ether
Ethereum Has Become More Centralized Since the Merge and Shanghai Upgrades: JPMorgan
The increase in staking has reduced the appeal of ether from a yield perspective, the report said.
Poor Week for Ether Prompts Research Firm to Reverse Outlook, Advise Favoring Bitcoin Instead
Ether’s price dropped to its lowest price compared to bitcoin since July 2022 as the launch of futures-based ETH ETFs attracted meager interest from investors.
Bitcoin Slumps Below $28K as Yields Spike; Ether Futures ETFs Fizzle on Lukewarm Investor Interest
Bitcoin slumped below $28,000, and ether dipped below $1670.
Ether Futures ETFs See Low Volume in First-Day Trading
Among the more popular of the new ETFs today, VanEck’s Ethereum Strategy ETF (EFUT) traded just shy of 25,000 shares at a price roughly averaging $17 per share.
Valkyrie Backs Off Ether Futures Purchases Until SEC ETF Approval Officially Effective
The asset manager Thursday said it had already begun purchasing ether futures contracts.
Bitcoin Traders Eye $28K; Solana, Cardano and Tellor Lead Altcoin Bump
Traders at Japanese exchange Bitbank said in a daily note that they expect bitcoin prices to move towards the $28,000 level, citing ETF optimism.
Bitcoin Slides to $26.5K Amid Surging U.S. Dollar; Record-High Rates Are ‘Nightmare’ for Crypto Firms
BTC slid to $26,500 as interest rates and the U.S. dollar surged while equities declined.
Ether Staking Landscape Gets Boost as SSV Mainnet Seeks to Dispel Centralization Concerns
The launch comes as staking landscape is dominated by centralized staking providers, which together hold more than 70% of the staked ether (ETH) supply.
