Bitcoin might be up 20% after flash crashing and breaching $50,000 in early August. However, the coin remains within a tight range while there is excitement. Looking at the events in the daily chart, Bitcoin is now moving between $57,000 and $63,000, stuck in a sideways movement even though traders are upbeat and expect prices […]

Shibarium, the Ethereum-based Layer 2 (L2) scaling solution of the Shiba Inu ecosystem is changing forever. After months of speculation, the memecoin project developers have launched the ShibTorch, the portal for automatic burning of SHIB. Shibarium Burn: Catalyst For SHIB Supply Crunch One of the long term promises of the ecosystem developers is to launch […]

The post Institutions remain heavily interested in Bitcoin appeared on BitcoinEthereumNews.com. Bitcoin continues to attract institutional investors. Despite price correction, 2024’s second quarter witnessed a huge uptick in institutional interest.  The numbers speak volumes: the adoption of US-based spot Bitcoin ETFs jumped by over 27%. In Q2, K33 Research data shows that more than 262 […]

The post Pawfury (PAW) Presale Crosses $5.1—Investors Rush to Secure Last Remaining Tokens appeared on BitcoinEthereumNews.com. In a stunning display of market dominance, Pawfury has swiftly carved out its territory in the cryptocurrency jungle, amassing an jaw-dropping $5 million+ within mere weeks of its launch. This phenomenal achievement isn’t just a number—it’s a roaring declaration […]

The post Is Toncoin Headed for a Crash Despite Binance Buzz? appeared on BitcoinEthereumNews.com. Earlier this week, Binance, the largest cryptocurrency exchange by trading volume and global users, added Toncoin (TON) to its Launchpool and Super Earn programs. This allows Binance users to farm 7.6 million TON tokens by staking BNB, FDUSD, and TON. Interestingly […]

The post EigenLayer TVL hits $12.9 billion and surges 11% in one week appeared on BitcoinEthereumNews.com. EigenLayer, an Ethereum restaking platform, topped the restaking ecosystem after hitting a TVL of $12.9 billion. According to data from IntoTheBlock, a crypto data analytics company, the TVL surged by 11% in one week from $11.6 billion. Ethereum restaking […]

The post BlackRock Bitcoin & Ether ETFs Outpace Grayscale ETF AUM But There’s A Catch appeared on BitcoinEthereumNews.com. For the first time ever, BlackRock’s Bitcoin and Ethereum ETFs have now surpassed Grayscale ETF offerings in terms of assets under management (AUM). This feat is attributed to the robust inflows into IBIT and ETHA since inception. […]

The post $4.7B Institutional Investment in Spot Bitcoin ETF appeared on BitcoinEthereumNews.com. As we take a look at the historic Q2 2024 data, institutional investors made some bold moves in the cryptocurrency space, collectively channeling a hefty $4.7 billion into spot Bitcoin ETFs. This isn’t just pocket change—it’s a clear sign that big financial players […]

The post Will Ethereum (ETH) Drop Further Amid the Bearish Trend? appeared on BitcoinEthereumNews.com. Ethereum (ETH) remains consolidated within the $2.6K range. ETH’s fear and greed index suggests fear sentiment in the market. As in the mid of August, Ethereum (ETH), has witnessed significant bearish momentum over the past weeks. This largest altcoin struggles to […]

The post US Bitcoin ETFs Gain $11M, Ether ETFs Slip by $39M on Thursday appeared on BitcoinEthereumNews.com. On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) pulled in $11.11 million, while ethereum ETFs faced a different outcome, with losses totaling $39.21 million during the day’s trading session. A Dive Into Thursday’s Crypto ETF Landscape U.S. spot […]