Crypto Market Indecision: $52.46M Liquidated in 12 Hours – What’s Next for Bitcoin and Ether?

New York, NY – Bitcoin (BTC) and ether (ETH), the dominant players in the cryptocurrency market, are currently experiencing tight trading ranges as traders reevaluate their strategies post-halving. Market analysts are noting a decrease in volatility since the recent halving event. Thomas Kim, a trader at Presto, highlighted that the three-day realized volatility has been lower than the implied volatility of BTC options, prompting investors to consider various macroeconomic indicators before making significant moves. According …

Read more

**Grayscale Revelation: Ether ETFs Unveiled in New Filings – Will SEC Give Green Light?**

New York, NY – Grayscale, a prominent crypto investment firm, has made significant strides in its efforts to launch an ether exchange-traded fund (ETF). The company recently filed Form S-3 with the U.S. Securities and Exchange Commission for the Grayscale Ethereum Trust (ETHE), a crucial step in the process of transforming the fund into an ETF. Additionally, Grayscale also submitted filings for a Grayscale Ethereum Mini Trust, which is expected to have a lower management …

Read more

Bitcoin Plunges Below $62,500 as Ether Soars Above $3,000 – What’s Next for Crypto Prices?

New York, NY – Bitcoin (BTC) experienced a dip of nearly 4%, dropping below the $62,500 mark during the early hours of the Asia business day. Meanwhile, Ether (ETH) managed to hold its ground above $3,000. The CoinDesk 20, a benchmark for the world’s largest and most liquid digital assets, saw a 4% decrease, currently trading at 2,139. The shift in CoinDesk’s Indices Bitcoin Trend Indicator (BTI) from bullish to neutral signifies a potential weakening …

Read more

Institutional Demand Surge Expected as Hong Kong Approves BTC and ETH ETFs – Bitcoin Soars to $66,500 and Ether Hits $3,240!

Hong Kong – Bitcoin (BTC) has experienced a 2.8% increase in the last 24 hours, reaching a trading value above $66,500, while ether (ETH) has also seen a rise to $3,240, as reported by CoinDesk Indices data. This surge comes as several issuers in Hong Kong have announced their approval for spot crypto exchange-traded funds (ETFs). Among the organizations that have shared their approval for listing spot bitcoin and ether ETFs on the social media …

Read more

Bitcoin Reaches Two-Year High as Large Players Dive In: Ether Surges Past $3,200

New York, USA – Bitcoin reached a two-year high on Tuesday as large players were seen investing in the cryptocurrency. In addition to this, the smaller rival ether surpassed $3,200 for the first time since 2022. This surge in Bitcoin’s value has been fueled by major players like MicroStrategy, a crypto investor and software firm that recently disclosed the purchase of about 3,000 bitcoins for $155 million, contributing to Bitcoin’s rally of over 10% in …

Read more