Author: Olivia Martinez
Ethereum ETFs inflows are outdoing Bitcoin ETF inflows. BlackRock’s iShares Ethereum Trust (ETHA) ETF leads with a $89.51M inflow on Dec 23, 2024. This Market shift may signal an altcoin season in 2025. In a surprising turn of events in the cryptocurrency market, Ethereum spot ETFs have been experiencing significant inflows, overshadowing the outflows noted in Bitcoin ETFs. On December 23, 2024, Ethereum ETFs recorded a net inflow of $130.8 million, with BlackRock’s iShares Ethereum Trust (ETHA) ETF leading with $89.50 million and Fidelity’s Ethereum ETF (FETH) adding $46.40 million according to Coinglass data. In stark contrast, Bitcoin ETFs saw…
Bullish pattern signals Ethereum price rebound The road has been rather rough for the bulls since Ethereum hit a fresh three-year high in mid-December last year. Since then, it has declined by over 20% as the gains recorded in the past two weeks were reversed in the current week. Even so, the bulls remain in control as the support level along $3,200 remains steady. Indeed, a look at its weekly chart signals a rebound. To start with, Ethereum price continues to trade above the 20 and 50-day EMAs. Besides, the formation of the bullish inverted head and shoulder pattern indicates…
The crypto market trended lower last week, driven largely by risk-off sentiments on newly released Fed meeting notes and economic data The Fed expressed caution around inflation, especially as President-elect Donald Trump’s policies will kick in after his inauguration on January 20 Meanwhile, spot crypto exchange-traded funds (ETFs) logged outflows from Wednesday, January 8 Bitcoin Bitcoin’s price logged a negative week falling from a high of $102,733 to a low of $91,188 before eventually closing at $94,547. Technical analysis shows a break above the last lower high and a push back down into the H4 demand zone, which means that…
Bulls remain in control of the broader cryptocurrency market as investors’ optimism remains pegged on crypto-friendly policy measures, heightened adoption of these digital assets, and central banks’ strategic reserves. Even so, crypto majors have largely stalled in the absence of an immediate catalyst. Amid the pullback, meme coins and particularly AI projects have shown immense growth and indismissible opportunities. iDEGEN, a unique social experiment is one such project. Even before hitting the public shelves, it has the potential to give the likes of Fartcoin and AI16z a run for their money. Bitcoin’s under pressure from bets on fewer rate cuts…
PostFinance AG launches Ethereum staking, expanding its crypto service offerings. The move aligns with rising global crypto adoption and Switzerland’s crypto-friendly stance. The US political shift under Trump is expected to boost crypto market stability and growth. In a pioneering move that underscores the growing integration of cryptocurrencies into traditional banking, Switzerland’s state-owned PostFinance AG has launched Ethereum staking services. This move comes at a time when the global financial landscape is witnessing a significant embrace of digital assets, particularly with expectations of a transformative year for cryptocurrencies in 2025. PostFinance AG’s forays into crypto PostFinance AG, already known for…
Circle launched a new on-chain utility that allows users to pay for gas fees with USDC on Arbitrum and Base Developers can use Paymaster to streamline gas payments within their applications Paymaster charges 10% of the gas fee, but is free until June 30 2025 Circle announced the launch of a new permissionless service, called Paymaster, that allows users to pay transaction fees in USDC for applications on the Arbitrum and Base networks. Paymaster allows developers to integrate its features into their applications to provide a smooth process for users. Introducing Circle Paymaster, enabling users to pay gas fees with…
Cryptocurrencies remain subject to heightened market volatility as the hype surrounding President Trump’s return to office eases. Even so, greed remains the main emotion controlling the market as investors remain optimistic of a crypto-friendly environment under Trump’s administration. As the bullish sentiment offers support to most cryptos, Ethereum is under pressure from the criticism and leadership issues rocking the Ethereum Foundation. On the other hand, iDEGEN is thriving as it widens its horizon through the video content embedded in its latest V3 upgrade. Beyond its popularity, savvy investors are buying into its potential as a leader in the AI meme…
MEXC, a leading global cryptocurrency exchange, has provided over $414 million through its Insurance Fund Account to cover deficits that occur when users’ losses during liquidation exceed their available margin as of January 23, 2025. This impressive figure underscores MEXC’s commitment to asset security and risk mitigation. Combined with Proof of Reserve, MEXC offers traders robust protection against extreme market fluctuations. How MEXC’s Insurance Fund Account Mitigates Risk for Traders The MEXC Insurance Fund Account, launched in November 2024, is specifically designed to protect traders from extreme market fluctuations, such as those experienced during a bull run, where rapid price…