News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Analysts believe Ether will see “tremendous” price action once spot ETFs build momentum, similar to Bitcoin after the launch of spot Bitcoin ETFs.
Share link:In this post: Ethereum’s spot ETF launch didn’t cause the market to explode, with inflows of $107 million on the first day. Ether is currently trading below key moving averages, indicating short-term bearish momentum despite a long-term bullish outlook. Analysts remain bullish, expecting Ethereum to break all-time highs with sustained institutional interest.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the infor
Spot Ethereum ETFs recorded $106.7 million in net inflows on Tuesday.“I think they pretty much met expectations for me,” Bloomberg Intelligence’s James Seyffart told The Block.
Chainalysis identified that the expansion of crypto-linked disinformation campaigns by actors like SouthFront and ISWN poses risks to global elections in 2024.
- 02:55In the past 4 hours, the total liquidation across the network reached $97.6415 million, primarily short positionsOdaily Planet Daily News Coinglass data shows that in the past 4 hours, the total liquidation across the network was 97.6415 million USD, with short positions liquidated at 90.9437 million USD and long positions at 6.6979 million USD. Bitcoin liquidations amounted to 55.1162 million USD, and Ethereum liquidations were 19.9085 million USD
- 02:50Aave Labs Proposes Launching Uniswap V4 Position Manager to Uniswap DAOOdaily Planet Daily News Aave Labs tweeted that it is proposing to the Uniswap DAO to launch a Uniswap V4 position manager. This proposal will allow users to use Uniswap V4 liquidity provider (LP) positions as collateral to borrow GHO through the Hooks mechanism, while establishing a revenue-sharing model for both DAOs. The position manager will be responsible for verifying collateral, enforcing borrowing limits, and enabling borrowing functionality; initially supporting GHO, and with the launch of Aave V4, it will support more assets in the future.
- 02:50A Whale Sells $4.727 Million Worth of AAVE, MKR, and ETH, and Buys $4.79 Million Worth of BTCOdaily Planet Daily News According to Onchain Lens monitoring, in the past 5 hours, the wallet address associated with the whale jez (@izebel_eth) performed the following operations:Sold 10,000 AAVE at an average price of $170.7, obtaining 1.7 million USDC;Sold 100 MKR at an average price of $1,438, obtaining 1.437 million USDC;Sold 1,001.56 ETH at an average price of $1,592, obtaining 1.59 million USDC;Bought 50 WBTC at an average price of $95,800, spending 4.79 million USDC.