By Emir Abyazov Ethereum is currently experiencing a dramatic “demand shock”—a phenomenon described by Bitwise Chief Investment Officer Matt Hougan. The numbers are striking: since May 15, ETFs and corporate treasuries have purchased about 2.83 million ETH, worth roughly $10 billion. This figure is 32 times more than the amount of new ETH issued by […]
Tag: ETF
By Afe Funbi Key highlights: BNB price has broken above $800, it also reached its highest weekly close since May 2024, supported by strong trend continuation and volume pickup. Technical structure remains bullish with $740–$760 as a key support zone and $880–$960 as the next resistance band. Monthly active addresses on BNB Chain surged past […]
By Emir Abyazov Trading firm QCP Capital released a report signaling the start of the long-awaited altcoin season. The Altcoin Season Index crossed the 50 mark according to major sources, reaching its highest level since last December. Altcoin Season Index. Source: CoinMarketCap Institutional Investors Lead the Charge Total open interest in perpetual Ethereum futures soared […]