Ethereum is experiencing a significant price surge due to increased institutional demand, positively impacting AVAX and Chainlink as well. Ethereum’s institutional demand is driving its price up significantly. AVAX and
Ethereum price found support near the $3,950 zone and started a fresh surge. ETH is rising and might soon aim for a move above the $4,320 zone. Ethereum started a fresh increase above the $3,880 and $4,150 levels. The price is trading above $4,100 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $4,250 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $4,150 zone in the near term. Ethereum Price Eyes Fresh Surge Ethereum price started a fresh increase from the $3,950 support zone, beating Bitcoin . ETH price was able to recover above the $4,000 and $4,250 resistance levels. The bulls even pushed the price above the $4,300 resistance zone. Finally, the price tested the $4,360 resistance zone. A high was formed at $4,362 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $3,545 swing low to the $4,362 high. Ethereum price is now trading above $4,200 and the 100-hourly Simple Moving Average . There is also a bullish trend line forming with support at $4,250 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $4,320 level. The next key resistance is near the $4,350 level. The first major resistance is near the $4,400 level. A clear move above the $4,400 resistance might send the price toward the $4,500 resistance. An upside break above the $4,500 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,550 resistance zone or even $4,650 in the near term. Are Dips Limited In ETH? If Ethereum fails to clear the $4,320 resistance, it could start a downside correction. Initial support on the downside is near the $4,250 level. The first major support sits near the $4,200 zone. A clear move below the $4,200 support might push the price toward the $4,120 support. Any more losses might send the price toward the $4,050 support level in the near term. The next key support sits at $4,000. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $4,150 Major Resistance Level – $4,320
BitcoinWorld MicroCloud Hologram Profit: Stunning $40.45 Million Gain from Crypto Derivatives Investment In a significant move that has captured the attention of both the technology and cryptocurrency sectors, MicroCloud Hologram, a Nasdaq-listed technology service provider, recently announced a stunning MicroCloud Hologram Profit . The company reported a remarkable $40.45 million gain from its substantial $200 million crypto derivatives investment , which notably included positions in Bitcoin (BTC). This impressive financial outcome, detailed in a recent PR Newswire press release, highlights a growing trend of established firms exploring digital assets for lucrative returns. MicroCloud Hologram Profit: A Bold Leap into Digital Assets MicroCloud Hologram’s venture into the volatile yet rewarding world of cryptocurrency derivatives has certainly paid off. Their strategic Bitcoin investment , alongside other digital assets, demonstrates a proactive approach to capital management. This isn’t just about making a quick buck; it reflects a deeper understanding of the evolving financial landscape and the potential of digital currencies. The initial $200 million allocation to crypto derivatives was a calculated risk. However, the subsequent $40.45 million profit underscores the potential for substantial returns in this market. This success story provides a compelling case study for other traditional businesses considering similar ventures. What Drives MicroCloud Hologram’s Digital Asset Strategy? Beyond the immediate profits, MicroCloud Hologram’s long-term vision for its digital asset strategy is equally compelling. The company currently boasts a robust cash reserve of $421 million, indicating a strong financial position that allows for such strategic investments. Moreover, they are not stopping at just derivatives. The company plans to allocate additional funds to a diverse range of cutting-edge technologies, including: Bitcoin (BTC): Continued direct investment in the leading cryptocurrency. Blockchain Technology: Exploring the foundational tech behind digital assets. Quantum Computing: Investing in the next frontier of computational power. Artificial Intelligence (AI): Further integrating advanced AI capabilities into their services. This holistic approach suggests that MicroCloud Hologram views digital assets not merely as an investment vehicle but as an integral part of future technological advancement. This makes them a pioneering tech company crypto enthusiast. Understanding the Crypto Derivatives Investment Landscape For those new to the space, a crypto derivatives investment involves financial contracts that derive their value from an underlying cryptocurrency like Bitcoin. These can include futures, options, or perpetual swaps. They allow investors to speculate on price movements without directly owning the underlying asset. Benefits of Crypto Derivatives: Leverage: Potential for amplified returns on smaller capital. Hedging: Ability to mitigate risk in spot market positions. Flexibility: Opportunities to profit from both rising and falling markets. Challenges of Crypto Derivatives: Volatility: High price swings can lead to rapid losses. Complexity: Requires a deep understanding of market mechanics. Regulatory Uncertainty: Evolving regulations can impact market stability. MicroCloud Hologram’s success in this complex arena points to sophisticated risk management and market analysis. How Will This Impact Other Tech Company Crypto Engagements? MicroCloud Hologram’s impressive MicroCloud Hologram Profit from its crypto ventures could serve as a significant precedent. It sends a clear signal to other traditional tech companies: digital assets are a viable avenue for substantial financial growth and strategic diversification. This success might encourage: Increased institutional adoption of cryptocurrencies. Greater investment in blockchain-based solutions. More companies integrating digital asset strategies into their core business models. Ultimately, this development underscores the growing convergence of traditional finance, cutting-edge technology, and the decentralized world of cryptocurrencies. It’s a compelling example of how a forward-thinking tech company crypto strategy can yield remarkable results. In conclusion, MicroCloud Hologram’s phenomenal $40.45 million profit from its crypto derivatives investment , particularly its astute Bitcoin investment , marks a pivotal moment. It highlights the immense potential of digital assets for corporate treasury management and strategic growth. As companies like MicroCloud Hologram continue to innovate and adapt their digital asset strategy , we can expect to see further integration of cryptocurrencies into mainstream finance and technology. This success story isn’t just about numbers; it’s about foresight, strategic planning, and embracing the future of finance. Frequently Asked Questions (FAQs) Q1: What is MicroCloud Hologram? A1: MicroCloud Hologram is a Nasdaq-listed technology service provider that offers various tech solutions, now also engaging in significant digital asset investments. Q2: How much profit did MicroCloud Hologram make from crypto? A2: MicroCloud Hologram reported a $40.45 million profit from its $200 million investment in cryptocurrency derivatives. Q3: What is a crypto derivatives investment? A3: A crypto derivatives investment involves financial contracts whose value is derived from an underlying cryptocurrency (like Bitcoin), allowing speculation on price movements without direct ownership. Q4: What are MicroCloud Hologram’s future investment plans? A4: The company plans to allocate additional funds to Bitcoin, blockchain technology, quantum computing, and artificial intelligence. Q5: Why are tech companies investing in crypto? A5: Tech companies are investing in crypto for potential high returns, strategic diversification, and to integrate with future technological advancements like blockchain and AI. If you found this article insightful, consider sharing it with your network! Help us spread the word about how innovative companies like MicroCloud Hologram are shaping the future of finance and technology. Your shares help us bring more valuable content to you. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin institutional adoption . This post MicroCloud Hologram Profit: Stunning $40.45 Million Gain from Crypto Derivatives Investment first appeared on BitcoinWorld and is written by Editorial Team
Crypto-related exchange-traded funds (ETFs) now make up 10 of the top 20 ETFs in the overall market, launched since the beginning of 2024. This has come against a backdrop of good performance for these investment products so far in 2025. ETF Leaderboard According to an August 10 X post by wealth manager Nate Geraci, more than 1,300 ETFs have launched since the beginning of last year. He added that 10 of the top 20 by total inflows are crypto-related, including the top four overall. Among them are five spot Bitcoin ETFs, two spot Ethereum ETFs, a couple of MicroStrategy-focused option income ETFs, and one leveraged Ethereum ETF. Leading the pack is the iShares Bitcoin Trust ETF (IBIT), which has amassed over $57.4 billion in inflows, followed by Fidelity’s FBTC with $12.1 billion. BlackRock’s Ethereum fund, ETHA, ranks third, pulling in $9.6 billion, while the YieldMax MSTR Option Income Strategy ETF (MSTY) holds fourth place with $7.2 billion. Others in the top 20 include the ARK 21’s ARKB with $2.38 billion, Bitwise’s BITB with $2.32 billion, and the Fidelity Ethereum Fund ETF (FETH) with $2.23 billion. The Grayscale Bitcoin Mini Trust ETF (BTC) has drawn $1.66 billion, while the 2x Ether ETF (ETHU) and the Defiance Daily Target 2x Long MicroStrategy ETF (MSTX) have brought in $1.64 billion and $1.52 billion, respectively. Bloomberg ETF analyst Eric Balchunas described the leaderboard as “wild,” noting that NEOS and YieldMax making it into the top 10 was also a “semi-shock.” ETFs Rebound Strongly Following Outflows Despite recent volatility, these investment products continue to post strong overall growth. Spot ETH ETFs saw a major reversal last week, experiencing $465 million in outflows on August 4. BlackRock’s ETHA recorded the largest negative movement, losing approximately $375 million. Fidelity’s FETH followed closely, with outflows of $55.1 million. However, SoSoValue data shows they have since rebounded, recording $461.21 million in net inflows on August 8 alone, bringing their cumulative total to $9.82 billion. ETHA was in the lead, attracting $254.73 million, followed by FETH with $132.35 million and Grayscale’s ETHE bringing in $26.84 million. On the other hand, spot BTC ETFs have faced heavier turbulence. After shedding $812 million on August 1, marking the second-largest single-day withdrawal in their history, outflows continued into early August, with BlackRock’s IBIT alone seeing a withdrawal of $292 million last Monday, while Fidelity’s FBTC and ARK Invest’s ARKB also experienced major losses. Despite the negative movement, they turned things around by the end of that week, posting $403.88 million in net inflows on August 8, to push their cumulative total to $54.43 billion. IBIT dominated the day with $359.98 million in inflows, while FBTC added $30.49 million. The post Crypto Dominates ETF Rankings, Claims Half of Top 20 ‘Newcomer’ Spots appeared first on CryptoPotato .
FTX customers are updating their lawsuit against Fenwick & West, claiming new evidence from Sam Bankman-Fried’s trial shows the law firm played a crucial role in the exchange’s collapse. New
BitcoinWorld US Spot Ethereum ETFs: Unprecedented $1.02 Billion Inflow Signals Massive Shift The cryptocurrency world is buzzing with extraordinary news! On August 12, US spot Ethereum ETFs achieved an astonishing milestone, attracting a combined net inflow of approximately $1.02 billion. This isn’t just a significant sum; it represents the largest single-day total ever recorded since the launch of these groundbreaking financial products, making it the first time daily Ethereum ETF inflows have surpassed the monumental $1 billion mark. This unprecedented surge signals a pivotal moment for the entire digital asset market , reflecting growing confidence and robust participation from major institutional players. What Drove These Record Ethereum ETF Inflows? The remarkable $1.02 billion influx on August 12, as reported by Trader T on X, wasn’t a broad, evenly distributed event. Instead, a few key players dominated the scene, showcasing where the bulk of the institutional crypto investment is currently flowing. Understanding these contributions helps paint a clearer picture of the market dynamics at play. BlackRock’s ETHA led the charge impressively, accounting for $640.68 million of the total. This highlights the substantial appetite from one of the world’s largest asset managers. Fidelity’s FETH followed with a strong performance, adding $276.90 million. Fidelity’s consistent presence in the crypto space continues to attract significant capital. Grayscale’s offerings also contributed, with its mini ETH seeing $66.57 million and its flagship ETHE adding $13.01 million. These figures indicate ongoing interest in established products. Other notable contributors included Van Eck’s ETHV ($9.42 million), Franklin’s EZET ($4.88 million), Bitwise’s ETHW ($4.30 million), and 21Shares’ CETH ($3.86 million). These diverse participants underscore the broad appeal of spot ETH ETFs across various investment firms. The fact that the remaining ETFs reported no change further emphasizes the concentrated nature of this record-breaking inflow, with a few major players driving the majority of the activity. Why Are US Spot Ethereum ETFs Gaining Traction? The significant inflows into US spot Ethereum ETFs are not merely isolated events; they are indicative of broader trends and advantages these products offer to investors. These ETFs provide a regulated and accessible gateway for traditional investors to gain exposure to Ethereum without directly owning the cryptocurrency. This ease of access is a powerful draw. For many institutional investors, the ability to trade Ethereum through a familiar brokerage account, under existing regulatory frameworks, simplifies compliance and operational complexities. This comfort level lowers the barrier to entry for large-scale capital. Furthermore, the transparency and liquidity offered by these ETFs make them an attractive option compared to direct crypto purchases, which can involve navigating complex exchanges and custody solutions. The approval and subsequent performance of these ETFs also lend an air of legitimacy to Ethereum as an asset class. This institutional validation can, in turn, attract even more capital, creating a positive feedback loop within the digital asset market . It signals that regulators and traditional finance are becoming increasingly comfortable with cryptocurrency-backed products. What Does This Mean for Institutional Crypto Investment? The recent surge in Ethereum ETF inflows underscores a growing confidence among major financial institutions in the long-term viability and potential of cryptocurrencies. This isn’t just retail enthusiasm; it’s a strategic move by sophisticated investors seeking diversification and growth opportunities. The substantial sums flowing into these products suggest that institutions are increasingly viewing Ethereum not just as a speculative asset, but as a legitimate component of a diversified portfolio. This trend has several implications for the future of institutional crypto investment : Mainstream Adoption: The success of these ETFs paves the way for broader acceptance of digital assets within traditional finance. It normalizes crypto exposure. Market Stability: Increased institutional participation can potentially bring more stability to the often-volatile crypto markets, as large investors tend to have longer-term horizons. Product Innovation: The success of spot Ethereum ETFs might encourage the development and approval of other cryptocurrency-backed financial products, further expanding investment avenues. Regulatory Clarity: The demand for these products puts pressure on regulators to provide clearer guidelines, which benefits the entire ecosystem. The record inflows into US spot Ethereum ETFs are a clear indicator that the bridge between traditional finance and the crypto world is strengthening, with significant capital now flowing across. Navigating the Future: Opportunities and Considerations While the recent record inflows are certainly exciting, it is important to consider both the opportunities and potential challenges ahead for spot ETH ETFs and the broader crypto landscape. The market remains dynamic, and investors should stay informed. Opportunities: Increased Liquidity: Higher trading volumes and larger asset bases can lead to deeper liquidity, making it easier for investors to enter and exit positions. Price Discovery: As more capital flows through regulated products, it can contribute to more efficient price discovery for Ethereum itself. Innovation: The success may spur further innovation in crypto-backed financial products, offering more tailored investment solutions. Considerations: Market Volatility: While institutional investment can bring stability, the underlying crypto market remains volatile. ETF values will still be subject to significant price swings. Regulatory Changes: The regulatory landscape for digital assets is still evolving. Future policy changes could impact ETF operations or investor sentiment. Competition: As more ETFs launch, competition for assets under management will intensify, potentially impacting fees and product offerings. The growth of US spot Ethereum ETFs is a testament to the evolving nature of finance, where digital assets are carving out a significant niche. These products offer a powerful avenue for diversified portfolios and could redefine investment strategies in the years to come. The monumental $1.02 billion inflow into US spot Ethereum ETFs on August 12 stands as a clear and compelling signal of accelerating institutional interest in the burgeoning digital asset market . This record-breaking day, largely propelled by giants like BlackRock and Fidelity, powerfully underscores the growing legitimacy and enhanced accessibility of Ethereum as a core investment asset. As these substantial Ethereum ETF inflows continue to redefine the investment landscape, they are set to bridge the gap even further between traditional finance and the innovative world of cryptocurrencies, truly marking a new and exciting era for institutional crypto investment . Frequently Asked Questions (FAQs) Q1: What are US spot Ethereum ETFs? A1: US spot Ethereum ETFs are exchange-traded funds that directly hold Ethereum (ETH) as their underlying asset, allowing investors to gain exposure to ETH’s price movements through traditional brokerage accounts without directly owning the cryptocurrency. Q2: What caused the record $1.02 billion inflow on August 12? A2: The record inflow was driven by significant purchases from major institutional players, particularly BlackRock’s ETHA and Fidelity’s FETH, indicating strong institutional confidence and demand for regulated Ethereum investment products. Q3: Which firms contributed most to these significant Ethereum ETF inflows? A3: BlackRock’s ETHA led with $640.68 million, followed by Fidelity’s FETH with $276.90 million. Grayscale’s mini ETH and ETHE also made notable contributions. Q4: How do these inflows impact the broader digital asset market? A4: These substantial Ethereum ETF inflows signal increasing mainstream acceptance and institutional validation of cryptocurrencies. They can lead to greater market stability, increased liquidity, and encourage further product innovation within the digital asset market . Q5: Are there risks associated with investing in Ethereum ETFs? A5: Yes, while offering accessibility, spot ETH ETFs are still subject to the inherent volatility of the underlying cryptocurrency market. Regulatory changes and competition among ETFs are also factors to consider. Did you find this analysis insightful? Share this article with your network on social media to spread the word about the significant strides US spot Ethereum ETFs are making in the financial world! Let’s continue the conversation. To learn more about the latest Ethereum ETF inflows trends, explore our article on key developments shaping Ethereum institutional adoption. This post US Spot Ethereum ETFs: Unprecedented $1.02 Billion Inflow Signals Massive Shift first appeared on BitcoinWorld and is written by Editorial Team
Ether prices reached their highest price since late 2021 on Monday, August 11, as the digital currency benefited from a combination of factors.
FTX customers say their class complaint against Fenwick & West needs updating with new details from Sam Bankman-Fried’s trial and FTX’s bankruptcy case.
Cold Wallet is moving fast, already securing $5.9 million in its presale with a sharp 4,900% possible return at launch. This pace is backed by more than hype. The $270 million takeover of Plus Wallet added two million active users and a built-in cashback system. Cold Wallet (CWT) is now finding its place among the top trending crypto names in the market. Litecoin (LTC) has seen a strong jump, hitting $128.40 as treasury moves and ETF talk drive a rally. The Litecoin (LTC) price surge is getting noticed across payment networks. In contrast, the Hedera (HBAR) price outlook is under pressure after a 20% drop, with weak signs and cautious sentiment keeping buyers wary. Litecoin (LTC) Price Surge Hits Highest Level in Five Months The Litecoin (LTC) price surge reached a five-month peak of $128.40 on Tuesday, fueled by ETF speculation and a large treasury purchase by MEI Pharma. Over 24 hours, Litecoin rose 5.8% to $123.60, posting 12.3% gains in the week and 41% in the month. Its market cap now stands at $9.4 billion. Analysts link MEI Pharma’s $100 million private placement to its plan to act as a Litecoin treasury company, which is seen as the main reason for the Litecoin (LTC) price surge. Polymarket puts the chance of a Litecoin ETF approval by 2025 at 80%, though XRP could arrive first. Beyond ETF news, payment data shows actual usage, with Litecoin taking 14.5% of crypto transactions last month. The Litecoin (LTC) price surge is not slowing yet. Hedera (HBAR) Price Outlook Drops After Sharp 20% Loss The Hedera (HBAR) price outlook turned negative after a 20% fall from July 23 to August 3. Technical markers like a declining MACD, RSI, and weak CMF point to higher selling pressure. The slip below the 20-day EMA on August 1 adds weight to the short-term downtrend. HBAR now trades around $0.2491, slightly under the 20-day EMA at $0.2446. While the Hedera (HBAR) price outlook could recover with rising TVL, growing adoption, and ETF discussions, the market mood remains muted. For now, the Hedera (HBAR) price outlook stays uncertain as traders look for signs of either a deeper drop or a rebound. Cold Wallet Closes in on $6M While Use Cases Grow Fast Cold Wallet ($CWT) is emerging as one of the top trending crypto names of 2025, with progress driven by real results instead of hype. The price shifted from $0.007 to $0.00998 in Stage 17, while the launch price is fixed at $0.3517. This gives early buyers a chance for nearly 4,900% returns. Almost $6 million already raised shows this is a project with real momentum, not just another pitch. One factor that sets Cold Wallet apart is its launch method. Rather than building from zero, it secured Plus Wallet in a $270 million acquisition. That instantly brought in more than two million users. These users collect CWT simply by doing familiar tasks like swapping, paying gas fees, and moving between crypto and fiat. There is no extra training or new tools needed. The utility is already part of the system, and so is the demand. Another feature driving attention is its cashback rewards. Users receive up to 100% back on gas fees and 50% on swaps and bridges. This works without lockups or hidden terms. The referral program benefits both sides, with 10% in CWT going to the referrer and 5% to the new user. While many projects are still talking about future plans, Cold Wallet is already delivering. With $270 million in acquisitions, $5.9 million raised, and an active product in use, it is producing results now. And with its price still under one cent, CWT stands out as a top crypto to watch for strong returns in 2025. Why These Three Stand Out in a Shifting Market The Litecoin (LTC) price surge signals rising interest in how crypto treasuries are managed, while the Hedera (HBAR) price outlook still points to risks despite long-term potential. These changes show how quickly market stories can turn, yet Cold Wallet keeps moving forward. With a product already running, 2 million active users, and cashback rewards tied to daily crypto activity, it has reached a stage many others still aim for. Its sub-one-cent price, combined with a fixed $0.3517 launch and $5.9 million raised, makes Cold Wallet more than just another entry on the list of top trending presale crypto . It is among the few delivering real utility now, and that gives it lasting strength. Explore Cold Wallet Now: Presale: https://purchase.coldwallet.com/ Website: https://coldwallet.com/ X: https://x.com/coldwalletapp Telegram: https://t.me/ColdWalletAppOfficial The post Litecoin Reaches $128.40, HBAR Slips 20%, & Cold Wallet Presale Moves Toward $6M appeared first on TheCoinrise.com .
Are Cardano whales set for a breakout or a dump?