Ethereum Supply On Exchanges Shrinks: Multi-Year Lows Signal Bullish Setup
As Ethereum (ETH) fell below $4,000 for the first time since August 8, amid a market-wide pullback, the exchange reserves of the cryptocurrency also recorded a sharp decline. Notably, leading crypto exchanges like Binance and Coinbase Advanced witnessed a sharp increase in ETH outflows. Ethereum Reserves On Binance, Coinbase Advanced Dwindle According to a CryptoQuant…
BlackRock Leads Spot ETH ETF Inflows With Over $500M, Ethereum Possibly On Track To $5,000
Ethereum’s institutional narrative is strengthening as US-based Spot ETF trackers witnessed another week of inflows last week. BlackRock’s ETHA fund captured the majority of this activity with more than half a billion dollars in new investments, while other ETFs struggled with minor outflows. At the same time, technical patterns are aligning with this buying pressure,…
Shiba Inu Joins The Ranks Of Dogecoin, XRP On Coinbase ETF Watchlist – The Next Big Thing?
Shiba Inu is now entering the same space as some of the largest cryptocurrencies when it comes to discussing exchange-traded funds (ETFs). The SHIB coin is starting to gain notice as it appears on Coinbase’s radar. Coinbase already offers a futures product for Shiba Inu, and this step positions the meme coin for consideration as…
Crypto Investment Slows, August Funding Sinks To $2 Billion
After a summer marked by cautious investor sentiment and shifting priorities across the sector, new figures show that capital flows into crypto are starting to cool. Overall funding for crypto protocols was down 30% in August, sliding to nearly $2 billion from July’s $2.67 billion, according to DeFiLlama. Funding Dips Yet Quarter Gains Based on…
Solana Treasury Player SOL Strategies Goes Public On Nasdaq
SOL Strategies Inc., the company that grew out of Cypherpunk Holdings, made its Nasdaq debut this week under the ticker STKE. According to reports, the move converts the company’s Canadian listings into a US trading venue and gives American investors direct access to a firm that holds a sizable Solana treasury. The firm’s SOL holdings…
No Chain Comes Close: Solana Leads With 2.5x Ethereum’s Revenue
Solana has pulled well ahead of other networks on a key measure: revenue. That gap is large enough to change how traders and builders talk about where money flows in crypto. Solana Tops Blockchain Revenue Charts According to data shared by crypto media outlets, Solana has generated $1.25 billion in revenue year-to-date. That is about…
Ethereum Exchange Balance Turns Negative For The First Time – Why This Is Bullish For Price
Ethereum (ETH) has just made history with a development that could reshape its market trajectory. For the first time, the Ethereum exchange balance has turned negative, meaning more tokens are being withdrawn from trading platforms than deposited. This structural shift in supply dynamics has analysts labeling it a key bullish signal for the market’s next…
MemeCore Explodes 3,800% For ATH — But Is A Collapse Around The Corner?
MemeCore’s native token M has raced from near-zero to headline-making highs in a matter of weeks, drawing both excitement and sharp warnings from market watchers. MemeCore’s Meteoric Rise According to reports, M hit a fresh all-time high of $1.69 Friday before easing back to $1.60, while 24-hour volume climbed past $53 million. At the time…
20 Million New SUI Tokens Push Treasury To New High – Details
SUI Group Holdings moved again in the market, adding 20 million SUI to its holdings and lifting its total to about 102 million tokens, a stash worth roughly $344 million at current prices. The Minnesota-based company, which trades on Nasdaq under the ticker SUIG, bought the tokens through an arrangement tied to the Sui Foundation,…
Ethereum Eyes $5,500 Amid Illiquid Supply Crunch And ETF Momentum
Following a rejection at $4,946 on August 24, Ethereum (ETH) is now trading in the low $4,000 level. However, some analysts are still hopeful that ETH is likely to surge beyond $5,000 in the coming weeks, thanks to its rising illiquid supply and positive exchange-traded fund (ETF) momentum. Ethereum To Hit $5,500 In September? According…