Ether Funds Soar as Investors Await ETF Decision

Send Timeļ¼š2024-04-19 06:48:43

Crypto markets have regained their momentum, with Bitcoin (BTC) surging above $16,000 and Ethereum (ETH) following suit. The recent price hike has beeBitcoin has historically seen significant price movements in the month of May, with the cryptocurrency posting gains in 4 out of the past 7 years. AccBitcoin prices bounced off a four-hour support level at $11,390 on Tuesday, but faced resistance at $12,000, according to CoinDesk's price index. TheMuesliSwap, a decentralized exchange (DEX) on the Cardano blockchain, has been experiencing slippage issues that have affected its users. The platformDespite reports of a $100 million deal with FTX, Taylor Swift's team is denying any involvement with the cryptocurrency exchange. Sources close to theJPMorgan's crypto custody service has reached a milestone of $300 million in assets under management, according to a report by CoinDesk. The service,Grayscale's Bitcoin Trust (GBTC) has seen an explosive increase in trading volume in recent days, with some analysts attributing the surge to HODLers

According to historical data, Bitcoin's average return in December has been lower than in other months. In fact, the average return for Bitcoin in DecThe price of Bitcoin (BTC) surged to a new high of $23,627 on Wednesday, following Federal Reserve Chairman Jerome Powell's hawkish comments on intereProShares' bitcoin ETF (BITO) has underperformed this year due to the persistent contango effect, which has exacerbated the fund's underperformance. TThe Ether-Bitcoin ratio has reached a key level of 0.07, indicating a potential bullish trend for the cryptocurrency market. This comes as the price oCrypto liquidations have reached unprecedented levels as the Asian trading session kicked off on Monday. According to Coinglass, a platform that trackAccording to a recent report by CoinShares, crypto investment products saw net outflows of $39,000 in the fourth quarter of 2022. This is a significanThe cryptocurrency markets have experienced a significant uptick in growth in the first half of 2022, with Bitcoin and large-cap assets leading the wa