Category

How helpful is GBTC compared to the Bitcoin bull market?September 2023-1914:10:09If you already own the Grayscale Bitcoin Trust GBTC, do you still need a spot Bitcoin ETF?The answer is certainly yes, as the actual ETF is a more liquid product than GBTC. And GBTC is trying to convert this product into a true ETFThe current form of GBTC has some commonalities with potential ETFs

Bitcoin prices are still in the positive zone above the resistance zone of $26200, with a strong break above $27000 before bearish positions appeared near $27500. Forming a high near $27468, the price has recently corrected its increase

Ethereum (ETH) prices have reached a long-term upward support line that has existed for nearly 460 days.Although price trends show conflicting readings, RSI has generated bullish signals that may lead to a significant price increase

The latest data from Lookonchain on September 18th shows that participants in Ethereum's initial token issuance (ICO) and one of the earliest supporters of the smart contract platform have transferred $9.96 million worth of 6000ETH to the cryptocurrency exchange Kraken

A storm has once again swept through Elon Musk, the helm and CEO of the technology giant Tesla. This time he is accused of manipulating the value of his publicly supported cryptocurrency, Dogcoin

The market generally believes that the core CPI (including food and energy imports) may only increase by 0.2% month on month in August, which is one of the main indicators of inflation

Bitcoin recorded its first weekly high since August, rising nearly 3% in the past 7 days. This positive momentum ended four consecutive weeks of decline

Buying orders are returning to the Ethereum futures market, indicating that negative sentiment is correcting. However, as the coinSince September 10th, ETH's buy to sell ratio has steadily increasedUnder strong resistance of $2000, ETH investment continues to yield extremely low profitsAccording to the 30 day Simple Moving Average (SMA) evaluation, the buying and selling ratio of Ethereum [ETH] recipients has climbed to its highest level since June 23rd

Ethereum Price PerformanceDue to parameter mismatch, Ethereum's highly anticipated Holesky test network will not be able to start as planned. Nevertheless, it will still become the largest testing network on the blockchain network

For most of this year, institutional cryptocurrency investors have been exiting the market, especially as a bear market has already formed. However, Ethereum suffered much greater losses in this regard than other assets, and the outflow of funds dragged down the decrease in total assets under management (AuM)

On September 2nd, the price of Ethereum (ETH) fell to $1620. Both on chain and derivative trading data indicate that Ethereum may experience more bearish resistance in the coming days

Ethereum (ETH) prices are currently in the recovery stage and are attempting to break through the key resistance level of $1620 against the US dollar. However, to achieve a significant increase, they must remain stable above $1650