Market makers sold over $300M Ether as ETH price crashed below $2,200
Ether’s price fell from above $3,000 to $2,100 due to selling pressure from a select group of market makers. Go to Source
ethereum ETF
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Crypto market crash triggered by ‘aggressive’ selling by Jump Trading – report
Jump Trading significantly contributed to the crypto market sell-off and it could be looking to sell another $104 million worth of wstETH. Go to Source
Galaxy Digital stock pullback a buying opportunity — Analyst
Shares are a bargain after second-quarter earnings sent the stock down roughly 16%, says Benchmark analyst Mark Palmer. Go to Source
Crypto.com surpasses Coinbase in trading volume as institutional demand grows
The trading volume was largely boosted by new TradFi institutions, along with the launch of the first spot Ether ETFs. Go to Source
Why is ETH demand lacking post-Ethereum ETF?
ETH price failed to crack the $3,400 resistance level, as spot Ethereum ETFs are seeing more outflows largely due to Grayscale. Go to Source
3 Ethereum price metrics point to further downside in ETH
ETH price continues to underperform Bitcoin price, and the downside is set to continue. Go to Source
Grayscale sheds $20B from Bitcoin and Ether ETFs
Grayscale’s BTC and ETH ETFs face significant outflows, while other approved ETF participants maintain a positive balance. Go to Source
Grayscale’s ETH ETF outflows could subside this week — Analyst
Ether ETFs posted a net outflow of $98 million on July 29, marking the fourth consecutive day of bleeding — but analysts predict this trend could reverse soon. Go to Source
Blackrock Warns of Rising Crypto Investment Scams
Blackrock, the world’s largest asset manager with $10.5 trillion in assets under management, has warned about cryptocurrency scams. The firm urged caution when dealing with individuals, websites, or social media platforms using its brand to offer training or investments. Blackrock noted a spike in scams directing users to crypto investment-related websites or platforms like Whatsapp … Read more
21shares Announces Chainlink Integration for Real-Time Ethereum Reserve Verification
21shares announced it has integrated Chainlink’s Proof of Reserve on Ethereum mainnet to bolster the transparency of the 21shares Core Ethereum exchange-traded fund (ETF), also known as CETH. The crypto exchange-traded product (ETP) issuer said this integration aims to provide real-time visibility into the ethereum (ETH) reserves backing the ETF. 21shares Enhances CETH Transparency With … Read more
