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ETHUSD

Ethereum / US Dollar

Industry

Digital Currency

Ethereum is open access to digital money and data-friendly services for everyone – no matter your background or location. It's a community-built technology behind the cryptocurrency ether (ETH) and thousands of applications you can use today.

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Portfolio Pulse from Pooja Rajkumari

May 21, 2024 | 11:48 am

Bitcoin spot ETFs saw a significant net inflow of $241 million on Monday, driving Bitcoin prices above $70,000. Leading the inflows were Ark Invest and 21Shares’ ETF (ARKB), BlackRock’s iShares Bitcoin Trust (IBIT), Fidelity Wise Origin Bitcoin Fund (FBTC), Bitwise’s Bitcoin ETF (BITB), and Grayscale Bitcoin Trust (GBTC). The inflows reflect growing investor confidence and favorable market conditions.

Portfolio Pulse from Murtuza Merchant

May 21, 2024 | 11:25 am

Wall Street is expected to open mostly flat as traders await Nvidia's earnings and several Fed speeches. Bitcoin surged above $71K on Ethereum ETF approval speculation. Key stocks in focus include Nvidia, Palo Alto Networks, Zoom Video Communications, Lowe's, AutoZone, Macy's, Toll Brothers, Viasat, and Urban Outfitters.

Portfolio Pulse from Shanthi Rexaline

May 21, 2024 | 11:14 am

Ethereum futures open interest has reached a record $15.1 billion, driven by optimism about the potential approval of spot ETH ETFs in the U.S. Bloomberg analysts have increased the likelihood of approval from 25% to 75%, and the SEC has requested expedited filings from exchanges. Ethereum's price has surged by nearly 20% in the last 24 hours.

Portfolio Pulse from Benzinga Neuro

May 21, 2024 | 11:00 am

Gala Games experienced a $214 million hack, causing its native token GALA to drop by 19%. The hacker minted 5 billion GALA tokens and swapped 592 million GALA for Ethereum. Gala Games has blacklisted the hacker's address and is working with law enforcement.

Portfolio Pulse from Aniket Verma

May 21, 2024 | 8:59 am

Prominent crypto analyst Adam Cochran mocked SEC Chair Gary Gensler over his stance on Ethereum being a security. Cochran's remarks come as the SEC reportedly moved forward with spot Ether ETF applications, suggesting a potential shift in the SEC's view on Ethereum. This news has led to a 16% increase in ETH's price.

Portfolio Pulse from Aniket Verma

May 21, 2024 | 6:10 am

Renowned financial advisor Ric Edelman predicts Bitcoin could reach $420,000 if 1% of global financial assets are allocated to it. This comes amid growing institutional interest and debates about Bitcoin's future. Bitcoin is currently trading at $70,846, with a 60.39% increase in value since the beginning of the year.

Portfolio Pulse from Benzinga Neuro

May 21, 2024 | 5:24 am

A significant increase in the probability of a spot Ethereum ETF approval has led to bullish activity among cryptocurrency investors. James Fickel, a prominent investor, swapped $25 million worth of Wrapped Bitcoin for Ether, contributing to a broader market rally. The number of traders going long on ETH has surged, and large transaction volumes have tripled in the last 24 hours.

Portfolio Pulse from Aniket Verma

May 21, 2024 | 4:22 am

Memecoins like Pepe and Bonk outperformed major cryptocurrencies such as Bitcoin and Ethereum amid a market rally driven by expectations of an Ethereum spot ETF approval by the SEC. Pepe and Bonk saw significant price increases and trading volumes, surpassing larger market cap coins like Dogecoin and Shiba Inu.

Portfolio Pulse from Aniket Verma

May 21, 2024 | 3:05 am

On Monday, major U.S. indices ended mixed with notable movements in specific stocks. Trump Media & Technology Group fell by 4.98% due to a significant quarterly loss. Marathon Digital surged by 14.76% amid a cryptocurrency rally. Zoom Video saw a slight decline ahead of its earnings report. Palo Alto Networks rose by 1.86% after beating earnings estimates. Tesla fell by 1.41% amid ongoing layoffs.

Portfolio Pulse from Benzinga Neuro

May 21, 2024 | 2:24 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.