#ether
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First Mover Americas: Bitcoin at $50K. What Next?

Solana's SOL led gains among major cryptocurrencies as bitcoin briefly crossed the $50,000 mark.

Franklin Templeton has applied for a spot Ethereum exchange-traded fund (ETF). [ more ]

Coindesk

Ether Tops $2.4K as Cathie Wood's Ark, 21Shares Amend Spot ETH ETF Filing

Ethereum's native token ether (ETH) jumped above $2,400 to a two-week high after Ark Invest and 21Shares amended their spot ETH ETF filing.

The updated filing brings the ETF more in line with spot bitcoin ETFs approved by regulators last month. [ more ]

Coindesk

First Mover Americas: Bitcoin Slips Over 15% Since ETF Approval

Bitcoin price drops and outflows from GBTC following the listing of BTC ETFs

Ether could see a price increase on hopes of a spot ETH ETF listing [ more ]

Coindesk

Bitcoin Dips Under $41K to Begin The Week in Red as Memecoin, Ordinals Frenzy Clogs up Blockchains

Bitcoin and Ether are both trading slightly down in Asia, but the broader market remains resilient despite recent events.

Bitcoin's long-term growth momentum is expected to remain on track despite its current correction phase. [ more ]

Coindesk

First Mover Americas: Grayscale's Is the First ETF to Begin Trading

The SEC has approved spot bitcoin ETFs in the U.S., allowing companies like BlackRock and Grayscale to create ETFs that hold actual bitcoin.

Grayscale's GBTC was the first spot bitcoin ETF to begin trading, with other companies set to follow suit on U.S. markets. [ more ]

Coindesk

Bitcoin Wobbles Below $46K, Ether and Grayscale's GBTC Jump as SEC Approves Spot Bitcoin ETFs

Bitcoin price experienced volatility after the SEC approved spot BTC ETFs.

Ether surged past $2,500 as attention shifted to spot-based ether ETF applications. [ more ]

Coindesk

First Mover Americas: Ether, Lido DAO, Arbitrum Gain on Possibility of ETH ETF

Ether and native tokens on Ethereum surged as traders anticipate the approval of an ether ETF following the expected approval of a bitcoin ETF in the US.

BlackRock and ARK 21Shares have lowered the fees for their proposed ETFs in anticipation of the SEC approving a spot bitcoin ETF. [ more ]

Coindesk

JPMorgan Is Cautious About Crypto Markets Into 2024

JPMorgan is cautious about cryptocurrency markets into 2024 but expects ether to outperform bitcoin due to an upgrade on the Ethereum blockchain.

The SEC's decision on approving spot bitcoin ETFs is unlikely to drive significant gains in the market. [ more ]

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Coindesk

BTC, ETH, SOL and Major Altcoins Begin Asia Business Day in Deep Red

Bitcoin and major altcoins started the Asian trading day with losses and volatility.

The market saw significant liquidations, with over $335 million in liquidations and $89 million in bitcoin positions getting liquidated. [ more ]

Coindesk

1 week ago

First Mover Americas: Bitcoin, Ether Sink Amid U.S. Stagflation Fears

Bitcoin and ether prices dip amidst U.S. stagflation fears. Potential for first spot Bitcoin ETF approval in Australia. Slowdown in Bitcoin ETF inflows is a short-term development. [ more ]

Coindesk

1 week ago

Bitcoin, Ether Nurse Losses as U.S. Stagflation Fears Grip Market

Bitcoin and ether trade lower at the beginning of the week amidst mixed market signals and concerns about U.S. stagflation. [ more ]

Coindesk

3 weeks ago

First Mover Americas: Bitcoin Price Bounces as Halving Nears

Bitcoin and Ether prices rise ahead of the halving event, altcoins also see gains.

U.S.-based spot bitcoin ETFs experience outflows, with Grayscale's GBTC leading.

Kraken acquires TradeStation Crypto to enhance regulatory licensing in the U.S. [ more ]

Coindesk

3 weeks ago

Bitcoin and Ether Show Relative Resilience Amid Widespread Losses: CoinDesk Indices Market Update

Bitcoin and ether outperformed in the CoinDesk market update despite losses, with Uniswap, Filecoin, and Aptos bearing the brunt of the selloff. [ more ]

Coindesk

3 weeks ago

BTC, ETH Rise as Hong Kong Bitcoin ETF Applicants Say They've Been Approved

Bitcoin (BTC) rose 2.8% to over $66,500, with ether (ETH) at $3,240, following news of approved spot crypto ETFs in Hong Kong. [ more ]

Coindesk

4 weeks ago

Hong Kong Could Approve Spot Bitcoin, Ether ETFs as Early as Monday: Bloomberg

Hong Kong may approve spot bitcoin and ether ETFs soon. [ more ]

Coindesk

1 month ago

Ether Could Avoid Designation as a Security With Centralization Risk Easing, JPMorgan Says

Lido's share in staked ether has decreased, easing concentration concerns.

Decentralized networks may exempt tokens from being classified as securities. [ more ]

Coindesk

1 month ago

First Mover Americas: Galaxy Digital to Raise $100M for New Fund

Galaxy Digital is launching a $100 million fund to invest in early-stage crypto companies.

U.S. SEC allows comments on three ether spot exchange-traded fund proposals, but optimism is lower compared to bitcoin ETF approvals. [ more ]

Coindesk

1 month ago

Crypto Market in Zen Mode as Bitcoin Remains Stable at $70K Ahead of Halving

Bitcoin trading above $70K, Ether above $3600.

Bitcoin halving event impacting volatility and futures funding rates.

BTC and ETH trading flat at the start of the week due to major financial centers being closed. [ more ]

Coindesk

Ether Hits $4K for First Time in More Than Two Years

Ether (ETH) hit $4,000, the highest in over two years.

Ether outperformed bitcoin in the last 30 days. [ more ]

Coindesk

First Mover Americas: Ether Approaches $4K

Ether approaches $4,000 mark, outperforms bitcoin in past 30 days, anticipation of altcoin rally.

JPMorgan report suggests unrealistic for bitcoin to match gold's allocation due to risk and volatility. [ more ]

Coindesk

Bitcoin Tops $67K, Nearing Silver's $1.38T Market Cap

Bitcoin hits $67,500 high, nearing silver's market cap.

Ether surpasses $3,600 fueled by institutional interest. [ more ]

TechCrunch

Bitcoin jumped and Coinbase's app crashed, while Aptos eyes Hong Kong and Telegram rolls out rewards with TON | TechCrunch

Bitcoin and Ether prices surged about 23.6% and 18% respectively, with the total crypto market cap reaching $2.34 trillion.

Nigerian crypto users faced access issues with exchanges like Binance, Kraken, and Coinbase this week. [ more ]

Coindesk

First Mover Americas: PEPE, Not BTC, Is The Top Trending Token

Bitcoin is approaching its record high, with $59,000 mark surpassed.

Frenzied action in meme tokens like PEPE signal possible market-wide pullbacks. [ more ]

Coindesk

Falling Bitcoin-Ether Spread is Music to Altcoin Traders' Ears

The spread between bitcoin and ether perpetual funding rates recently collapsed, pointing to increased risk appetite among investors.

The development indicates the potential for continued outperformance of alternative cryptocurrencies, particularly meme coins. [ more ]

Coindesk

Ether is Now the Largest Institutional Crypto Asset: Bybit Research

Institutions are heavily allocating their portfolios to ether and bitcoin.

Retail users are more bullish on bitcoin compared to institutions.

Solana has seen a decline in interest from both institutions and retail users. [ more ]

Coindesk

Ether's Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein

Ether has outperformed bitcoin year-to-date by 33%.

Bernstein identifies five catalysts fueling Ether's recent gains, including increased decentralized finance activity. [ more ]

Coindesk

Ether ETFs Unlikely to Cause a 'Bubble,' Traders Say

Ether spot-ETFs unlikely to cause major price surges

Interest in ether bets rose significantly after spot bitcoin ETF approval [ more ]

Coindesk

Bitcoin Back Over $51K, Crypto Market Recovers as Nvidia Earnings Rejuvenates AI-Tokens

Bitcoin and ether experienced sell-offs but recovered slightly, while crypto market highs fluctuated due to profit-taking and Nvidia's earnings report.

Traders noted the sell-offs were expected and not reflective of a broader market trend. [ more ]

Coindesk

First Mover Americas: Ether Flirts With $3K

Ether reaches two-year high amidst anticipation of ETF approval

Starknet initiates largest airdrop of the year with 728 million tokens distributed [ more ]

Coindesk

Ether Hits $3K for First Time in Nearly 2 Years Amid Rising ETH ETF Excitement

Ether's price surpassed $3,000 for the first time since April 2022, with a 12% increase in the past week, outperforming other cryptocurrencies.

The broader cryptocurrency market has seen positive growth in 2024, with ETH surging nearly 30% since the beginning of the year, surpassing Bitcoin's 22% advance. [ more ]

Coindesk

First Mover Americas: All Eyes on Ether

Bitcoin's rally driven by ETFs, now focus on Ether for potential ETF approval.

Japan's approval of bill to allow investment funds to acquire crypto signals growing cryptocurrency adoption. [ more ]

London Business News | Londonlovesbusiness.com

ETH predicted to reach almost $4,900 by the end of 2024

Ether is predicted to end 2024 just shy of its all-time high.

The average prediction for ETH's peak in 2024 is $5,300. [ more ]

Coindesk

First Mover Americas: Crypto Remains Resilient as Japan, UK Slip Into Recession

Bitcoin and Ether rose in value as two of the world's largest economies slipped into recession.

Inflows into spot bitcoin exchange-traded funds (ETFs) are driving anticipation of a bull cycle in the next 1-2 years. [ more ]

Coindesk

Crypto Stocks Advance Pre-Market as Bitcoin Tops $51K, Market Cap Hits 26-Month High

U.S.-listed crypto companies rose as bitcoin surpassed $51,000 and its market cap reached $1 trillion.

Ether reached its highest level since May 2022 and the total crypto market cap touched $2 trillion for the first time since April of that year. [ more ]

Coindesk

Peter Thiel Made $200M Investment in BTC, ETH Before Bull Run: Reuters

Peter Thiel's Founders Fund invested $200 million in bitcoin and ether before the recent bull run.

Thiel has been a long-time proponent of bitcoin and sold most of the fund's crypto holdings for $1.8 billion before the crypto winter. [ more ]

Coindesk

First Mover Americas: Bitcoin Approaches $45K; Crypto Trading Volumes Rise

Bitcoin rallied to a four-week high approaching $45,000 amid record highs in U.S. equity indexes.

Spot trading volume across centralized crypto exchanges rose for the fourth consecutive month in January to a level last seen in June 2022. [ more ]

Coindesk

Traders Prefer Bitcoin to Ether Despite Developing Spot ETH ETF Narrative

Traders expect ether to underperform bitcoin in the coming months based on the pricing of futures contracts.

The SEC's classification of ether as a security or commodity is still uncertain, which has implications for the approval of spot ETH ETFs. [ more ]

Coindesk

Crypto Market Maker GSR Appoints Former JPMorgan Executive as Head of Trading

GSR, a crypto trading firm, has appointed Andreas Koukorinis as its new head of trading.

GSR is expanding its capabilities to cater to more conservative clients interested in trading bitcoin and ether. [ more ]

Coindesk

Ether Could Hit $4,000 With Likely Spot ETH ETF Approval in May: Standard Chartered

Standard Chartered believes that Ether (ETH) could rise nearly 70% and hit $4,000 by May as spot-based ETFs are expected to win regulatory approval in the US.

The bank sees no reason for the SEC to treat ETH differently from Bitcoin, as ETH futures are listed on the CME and the SEC did not consider ETH a security in its legal battle against Ripple. [ more ]

Coindesk

SOL, AVAX Lead Crypto-Market Recovery, Bitcoin Tops 50-Day Average Before Fed Meeting

Altcoins are outperforming bitcoin and ether, indicating a broadening of investor interest in the cryptocurrency market.

Solana's SOL has risen 27%, AVAX has rallied over 25%, and other altcoins have also seen significant gains.

Bitcoin's move above the 50-day average is seen as a positive sign, but further evidence is needed to confirm a bullish trend. [ more ]

Bloomberg

Privacy technologies

Bloomberg

Cryptocurrency prices are on the rise once again.

The cryptocurrency market is becoming more mainstream. [ more ]

Coindesk

Vibe Check: Ether Finds Support: CoinDesk Indices' Todd Groth

Ether (ETH) is finding support around the $2,200 level and the 38 Fibonacci retracement level.

Real rates trending lower is supportive for digital assets, including smaller-cap altcoins. [ more ]

Coindesk

Ether Could Soar in 2024 on the Back of Dencun Upgrade, ETF Narrative: Analysts

Investors are likely to have a relook at ether as the spot ETF narrative gathers steam and Ethereum remains the dominant chain in the DeFi and NFT world.

Ether is qualified to be a core holding in a diversified crypto portfolio, one observer said. [ more ]

Coindesk

Ether Jumps Over $2.4K as Traders Bet on Possible Ether ETF Next

Ether and native tokens of applications built on Ethereum surged as traders anticipate the proposal of an ether exchange-traded fund (ETF).

BlackRock has filed an S-1 form with the SEC for its iShares Ethereum Trust, a spot ether ETF. [ more ]

Coindesk

Bitcoin ETF Fever Drives Ethereum to 32-Month Low Versus BTC

Ethereum's ether (ETH) has reached its lowest price versus bitcoin (BTC) since April 2021.

Bitcoin's dominance in the cryptocurrency market has risen from 39% to 54% in the past 14 months. [ more ]

Coindesk

First Mover Americas: Crypto ETPs Gained $2.2 Billion of Investment in 2023

Investors poured $2 billion into digital-asset investment ETPs in 2023, making it the third-largest year for net inflows since 2017.

Ether prices may gain after Celsius announces it will unstake its ETH holdings, removing a factor that may have contributed to underperformance in recent months. [ more ]

Coindesk

Celsius to Unstake Thousands of Ether, Possibly Easing ETH Selling Pressure

Celsius will unstake its holdings of Ether (ETH) in order to offset costs associated with its restructuring process.

The unstaking activity may boost ETH prices as it removes a factor that may have contributed to its underperformance in recent months. [ more ]

Coindesk

A Record $11B Crypto Options Expiry Looms as BTC Shows Little Volatility

Bitcoin, ether options worth over $11 billion will expire on Deribit on Friday.Both cryptocurrencies are trading well above their "max pain points."

WSJ

A Spot Bitcoin ETF Is Easy. What Comes Next Could Get Dangerous.

The crypto rally has expanded beyond bitcoin to include other cryptocurrencies like ether.

The influx of institutional money into ether could pose unexpected risks. [ more ]

Coindesk

Bitcoin, Ether Options' Value on Deribit Reaches Record High of $23B

Bitcoin and ether options trading on Deribit have reached a record high, with a cumulative notional open interest of $23.6 billion.

Sophisticated traders are entering the crypto market through options trading, leading to improved price discovery. [ more ]

Coindesk

Ether, Solana Hit 19-Month Highs as Bitcoin Rally Halts with Traders Fearing 'Bull Trap'

Ether and Solana rallied to new highs while Bitcoin dipped to $43,000.

Bitcoin traders fear a 'bull trap' and growing fear could push BTC towards $50,000. [ more ]

Coindesk

First Mover Americas: Traders Are Turning to Ether

Derivatives market metrics suggest that traders are shifting their focus from bitcoin to ether, potentially indicating a future outperformance of Ethereum's native token.

IBM has released the IBM Hyper Protect Offline Signing Orchestrator (OSO), a cryptographic signing technology that enhances security for digital assets in cold storage. [ more ]

Coindesk

Two Key Metrics Show Crypto Traders Turning to Ether From Bitcoin

Money is flowing into ether futures at a faster pace than bitcoin.

Options listed on Deribit show a strengthening bias for ether call options. [ more ]

Coindesk

Bitcoin's Price Rise to $41K Buoyed by $200M in Weekend Short Liquidations

Bitcoin and ether prices rose 4% due to growing optimism about a possible ETF approval and increased gold prices.

Exchanges liquidated $220 million in crypto futures positions over the weekend, with bullish longs accounting for 85% of the total. [ more ]

Coindesk

Institutional Traders Split Between Bitcoin, Ether: Bybit Research

Institutional traders have increased their holdings of bitcoin and are optimistic about its future.

Institutional traders and large bitcoin holders are skeptical of altcoins and have been reducing their holdings. [ more ]

Coindesk

Investment Giant Franklin Templeton's CEO Holds Bitcoin, Ether and Other Tokens in Her Portfolio: Report

Franklin Templeton CEO Jenny Johnson holds bitcoin, ether, uniswap, and sushi in her portfolio.

She sees bitcoin as a distraction from the disruptive potential of blockchain technology. [ more ]

Coindesk

Bitcoin Tops $42K as Crypto Market Recovers to Pre-Terra Levels

Bitcoin surpassed $42,000 for the first time since April 2022

Ether also reached a price above $2,200 [ more ]

Cointelegraph

Business

How to buy Bitcoin and Ethereum in the UK

Buying Bitcoin and Ether is legal in the U.K, but taxes and compliance with regulations are important.

Choose a secure cryptocurrency exchange or broker and set up a secure wallet.

The U.K. does not recognize cryptocurrencies as legal tender, but has a transparent regulatory framework. [ more ]

Coindesk

NFT Prices Are Still Lagging Behind Ether's Gains

Ether has gained over 10% since the start of the year, while NFT prices have not followed the same upward trend.

Utility and technological development are necessary for growth in the NFT market. [ more ]

Coindesk

Crypto Funds Attract Largest Weekly Inflow in 2023 as Bitcoin 'Short-Sellers Capitulate': CoinShares

Digital asset funds attracted net inflows of $346 million last week.

Bitcoin fund inflows surpassed $1.5 billion this year.

Ether and Solana led among altcoins fund inflows. [ more ]

Cointelegraph Magazine

OpenAI's Sam Altman ousted, BlackRock and Fidelity seek Ether ETF, and more: Hodler's Digest, Nov. 12-18

Sam Altman removed as CEO of OpenAI.

BlackRock files for an Ether ETF with the SEC.

Australia imposes capital gains tax on wrapped crypto tokens. [ more ]

www.nytimes.com

Cryptocurrency Prices Surge, Driven by a Potential Bitcoin Fund

The cryptocurrency industry is experiencing renewed optimism as the price of Bitcoin reaches its highest level since 2022 and Ether surges in value.

Investors are hopeful that the Securities and Exchange Commission will approve a Bitcoin exchange traded fund (E.T.F.), potentially bringing a wave of money into the industry.

Some analysts are skeptical that a Bitcoin E.T.F. would attract significant new investment. [ more ]

Coindesk

BlackRock Files Application for Spot Ether ETF

BlackRock has filed a form to issue a spot ether (ETH) exchange-traded fund.

The price of ether jumped nearly 2% on the news.

BlackRock is also seeking to list a bitcoin ETF.

BlackRock's CEO, Larry Fink, has expressed support for the crypto sector. [ more ]

Coindesk

Bitcoin Bounces 6%, Threatens $38K; 'Good Times Are Here,' Analyst Says

Bitcoin nears new 18-month high, rebounds from previous drop.

Ether recovers to $2,060 after falling to nearly $1,900.

Altcoins Solana and Avalanche lead gains with significant jumps. [ more ]

Coindesk

Bitcoin Drops 4% to $35K Despite Soaring Tradfi Markets, But Analysts Remain Optimistic

Crypto markets experienced a significant drop despite positive inflation data.

Bitcoin and Ether both saw notable declines over the past 24 hours.

Traditional markets performed well, with Nasdaq up 2.3% and S&P 500 up 1.8%. [ more ]

Coindesk

What Are the Tax Implications of the Alleged Binance Wallet Hack (or Any Crypto Exploit)?

A crypto hacker drained $27 million worth of tether (USDT) from a cryptocurrency wallet linked to Binance.

The stolen stablecoins were quickly converted to ether (ETH) and then to bitcoin (BTC) using the THORChain bridge.

The hacker may have inside knowledge of Binance's operations and is speculated to use a mixer to launder the funds. [ more ]

Coindesk

Cboe Digital to Launch Margined Futures for Bitcoin, Ether

Cboe Digital will list margined bitcoin and ether futures starting January 11, 2022.

This makes Cboe the first US regulated exchange to offer spot and leveraged derivatives trading on a single platform.

The new product will be supported by trading firms like Cumberland DRW, Jump Trading Group, and B2C2. [ more ]

Coindesk

Grayscale Discount Continues to Narrow as Spot Bitcoin, Ether ETF Euphoria Works Through Markets

Bitcoin and ether are trading steady in Asia, supported by narrowing discounts on Grayscale Bitcoin Trust and anticipation for the approval of spot bitcoin and ether ETFs.

Market optimism is high, with investor inflows surpassing $1 billion this year.

U.S. economic data and Federal Reserve communications are expected to influence crypto market trends. [ more ]

Coindesk