Spot Ethereum exchange-traded funds (ETFs) posted another strong session on Friday, drawing $452.72 million in net inflows and extending their inflow streak to 16 consecutive trading days, according to data from SoSoValue. BlackRock’s iShares Ethereum Trust (ETHA) once again dominated the charts, pulling in $440.10 million in daily net inflows. The fund now commands $10.69…
Ether’s recent price rally may be due for a cooldown, as a surge in social media mentions — reaching levels of “extreme euphoria” — points to the potential for a near term correction, according to sentiment platform Santiment. However, other indicators suggest Ether’s (ETH) rally may still have room to run, which has gained more than…
Key takeaways: ETH gained 50% in two weeks, and Elliott Wave models are pointing to a possible $9,000 top by early 2026. Onchain fundamentals are strong: 28% of ETH is staked, exchange balances are at their lowest since 2016, and new buyer inflows are accelerating. Network usage remains near full capacity, even after multiple block…
Key takeaways: Ether’s bullish structure remains intact even as the broader crypto market shows weakness. Over 540,000 ETH have been accumulated by new whale wallets since July 9. A concentration of buy orders between $3,000 to $3,400 raises the risk of a liquidity sweep before a rally to new highs. After hitting a yearly high…
Key points: Bitcoin has pulled back into the $115,000 to $110,530 support zone, where buyers are expected to mount a strong defense. ETH has been holding near the overhead resistance as investors pour money into the spot ETH ETFs. Repeated failure to maintain Bitcoin (BTC) above the $120,000 level in the past few days may…
Institutional interest in cryptocurrencies was piqued after “Crypto Week” in the US saw the passage of the industry’s key stablecoin bill, the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act. Signed into law by US President Donald Trump on July 18, the GENIUS Act bans yield-bearing stablecoins in the world’s largest economy,…
Sharplink, a major public company with significant Ether holdings, has hired a veteran BlackRock executive as the corporate Ether treasury race heats up. Former BlackRock senior executive Joseph Chalom has joined Sharplink as its new co-CEO, effective July 24, the company announced on Friday. In his new role at Sharplink, Chalom will be responsible for…
Key takeaways: Analysts say Ether is undervalued and should be above $8,000, as global M2 money supply hits a record $95.58 trillion. A falling Bitcoin dominance adds fuel for ETH bulls, with Bitcoin’s market share dropping 8.5% since June 27. Analysts say Ether (ETH) is undervalued and “should be trading above $8,000” as global liquidity,…
The non-fungible token (NFT) market is showing signs of a resurgence, as the sector’s total market capitalization reached $6.6 billion in July, according to the data platform DappRadar. The platform reported on Thursday that the figure represented a 94% increase from the previous month. Weekly trading volume surged to $136 million, up 51% from the…
US investors poured more into spot Ether exchange-traded funds than their Bitcoin counterparts over the last six trading days, as institutional interest in Ethereum surged this week. Spot Ether ETFs recorded a net inflow of nearly $2.4 billion in the past six trading days, far above spot Bitcoin ETFs, which recorded only $827 million during…