Does Ethereum react to Bitcoin the way silver does to gold

Which cryptocurrency is going to explode in 2021? What coins can one buy right now, to make it big in the near future? Which crypto is the next best thing to Bitcoin? Many interested in cashing in on the historic run we have seen over the last few months, have been asking these questions and … Read more

Fund managers increase Ethereum (ETH) holdings citing ‘most compelling’ growth outlook

211-year-old investment firm buys $4.75 million of Ethereum (ETH) Chicago-based financier Rothschild Investment Corporation purchased over 265,302 shares of the Grayscale Ethereum Trust (ETHE), marking its first-ever investment into ETH, the asset powering the world’s most-used blockchain. 2 min read →

How the ‘Great Wall of FUD’ was a buying opportunity for Bitcoin investors

China bans Bitcoin (BTC) — again, again, and again. In fact, this exact piece of news has been floating around forever. Needless to say, there have been a few direct repercussions pre and post the news. For instance, the larger cryptocurrency market took a hit. Now, how is this ban different from previous bans? Or … Read more

Digital assets witness higher inflows, thanks to ‘altcoins rather than Bitcoin’

Institutions across the globe have been increasingly investing in crypto tokens. Currently, the investment is valued at $2.01T, with a 1.45% rise in 24 hours. That said, here is more data on how the top crypto tokens interacted with institutions. Digital Asset Fund Flows Weekly report by Coinshares, Europe’s largest digital assets fund manager, discussed the … Read more

Ethereum Inflows Totaled $33.1 Million: CoinShares Digital Asset Report

CoinShares’ most recent weekly digital asset fund highlights see Ethereum top the list while Bitcoin experiences minor outflows. Total outflow for the week clocked in at $94 million. Ethereum in the lead The report covering the week ending June 7, showed that Ethereum and other altcoins remain a popular choice for crypto investors. Ethereum inflows … Read more