Ethereum Market
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Whales Cash Out Millions! Will Ethereum’s Rally Continue to $2,795?
- September 19, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
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The cryptocurrency market has been buzzing following the U.S. Federal Reserve’s announcement of a 50 basis point interest rate cut, the first such reduction in over four years. This has created a mix of reactions for Bitcoin, Ethereum, and their respective ETFs, as large investors, known as whales, are booking profits and reshaping market dynamics.
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Bitcoin ETFs See Major Turnaround—Could This Spark a New Rally?
- September 13, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
The cryptocurrency market is witnessing renewed optimism as U.S. Bitcoin exchange-traded funds (ETFs) show a significant rebound, attracting $39.02 million in inflows on September 12. This turnaround comes after the previous day’s outflows, signaling that investors are regaining confidence in Bitcoin, which is trading steadily around the $58,000 mark. Bitcoin ETFs Attract Institutional Interest Data
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Ethereum Sell-Off Shocks Investors: $42.5 Million Out in a Single Day!
- August 16, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
In a striking turn of events, Ethereum ETFs have experienced their largest outflow since August 2, signaling growing bearish sentiment in the market. The latest data reveals that $39.2 million exited Ethereum ETFs on Thursday, with the majority of the outflows stemming from Grayscale’s Ethereum Trust (ETHE), which recorded a substantial withdrawal of $42.5 million.
