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Grayscale ETHE ETF Bleeds $1.15 Billion In 3 Days As ETH ETF Ouflows Hit $152 Million On Day 3 

The Grayscale Ethereum ETF (ETHE) has reported cumulative net outflows of $1.15 billion in the three days since its launch on July 23 as newly listed ETH ETFs overall recorded outflows of $152 million on July 25 , Data from SoSoValue shows that Grayscale’s ETF posted $346 million in outflows on its third day of trading, still below its record high of $484 million on July 23. 📊 Ethereum ETF Tracker | 2024-07-25 🟥 Daily Total Net Inflow -$152.30M 💰 Total Value Traded $955.85M 🏦 Total Net Assets $8.97B 📊 ETF Market Value Ratio 2.36% 🥇 Net Inflows/Outflows for Each ETF 🟩 ETHA +$70.93M 🟩 ETH +$58.09M 🟩 FETH +$34.32M 🟩 ETHW +$16.34M 🟩 ETHV… pic.twitter.com/VXeS5Sqz0Q — SoSoValue Research (@SoSoValue) July 26, 2024 Grayscale Ethereum Trust Investors Cash Out Grayscale’s 2.5% fee for ETHE ETF, converted into an ETF from the Grayscale Ethereum Trust, has seen investors turn to other issuers with significantly lower fees. This situation mirrors what happened with the Graysca

Dogecoin Price Prediction - One Last Dip For Elon Musk's Favorite Crypto Then $1

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Dogecoin has been the benchmark memecoin crypto for a decade now, and it remains the biggest in its category. Dubbed Elon Musk’s favorite crypto, it is on the watchlist, if not in the wallets, of thousands of investors worldwide. Dogecoin had been moving sideways for a long duration until its recent movements started showing an increase in investor engagement, leading several analysts and the community to speculate that this season may witness the token pumping and crossing the $1 mark. Dogecoin’s Latest Dip And Price Movement Since its last pump, Dogecoin had been stagnant in terms of price and only started seeing major movements since the start of 2024. In February, the token saw a major increase in the influx of investments, moving from the $0.090 range directly to the $0.19 level in April. Since hitting this point, the token corrected back down to the $0.13 range. However, this correction or dip is speculated by many to be the last for Dogecoin, with the next reversal s

Crypto Analyst Says Top Ethereum Rival Could Skyrocket by 900%, Outlines Path Forward for Bitcoin and Dogecoin

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A widely followed crypto analyst says that one smart contract platform could see massive gains while updating his outlook on Bitcoin (BTC) and Dogecoin (DOGE). In a new strategy session, crypto trader Ali Martinez tells his 68,2000 followers on the social media platform X that Ethereum (ETH) competitor Solana (SOL) has the potential to skyrocket by a staggering 900%. “Solana has officially broken out from this bull pennant, suggesting a potential 900% rally ahead.” Source: Ali Martinez/X The strategist’s chart suggests that Solana will break out near the end of summer and skyrocket toward the $1,600 price tag until early 2025. Solana is trading for $170.97 at time of writing, a 5.3% decrease during the last 24 hours. Moving on to the top digital asset by market cap, Martinez says it could potentially be hit by a wave of upcoming liquidations as it rebounds toward $65,200. “BTC could rebound to $65,200 to liquidate $42.16 million in short positions!” Source:

INTMAX announces the leading developers of Plasma Free, a new EVM-compatible protocol

INTMAX, the innovative developer behind the zkRollup Layer 2, has announced that the co-founder of Settle Network and Latamex will lead the development of Plasma Free, the pioneering EVM-compatible Plasma protocol , according to the latest updates shared with Finbold on July 25. Plasma Free is expected to transform blockchain applications by enhancing programmability and flexibility and catering to the growing demands of developers worldwide. What is Plasma Free? Plasma, initially envisioned by Joseph Poon and Vitalik Buterin in 2017, was a promising Ethereum (ETH) Layer-2 scaling solution set to enable Visa-level transaction volumes on Ethereum.  Picks for you Meta AI predicts Bitcoin price for 2025 9 mins ago XRP headed ‘to the moon

Circle Developers Build Wallet Platform That Supports Email and Social-Based Logins

The team behind the second-largest stablecoin by market cap is building a crypto wallet platform that supports email and social media-based logins. In a new announcement on the social media platform X, developers at USDC issuer Circle say their latest product would allow users to authorize crypto transactions via email, social log-ins, or PIN codes. “Onboard users to your apps faster with Social Logins or Email OTP (one-time passcode) verification! Our latest release provides you with more options to seamlessly onboard users and securely authenticate transactions when building with user-controlled programmable wallets.” Social logins would allow users to log in to third-party websites using existing data from their social media accounts, such as Facebook and X. According to Circle chief executive Jeremy Allaire, the new product will facilitate a smooth transition from Web2 to Web3. “Another milestone in building safe and easy to adopt Web3 wallets. Circle’s Pro

Citi Sees 33% Upside For Coinbase Stock On Improving US Regulatory Environment

Citi has upgraded its Coinbase stock rating from “neutral” to “buy” on an improving regulatory outlook in the US and raised its price target by almost 33% to $345. Citi attributed the higher stock rating to a shift in the US election landscape as presidential candidates compete to win the crypto vote, and after the US Supreme Court overturned the so-called Chevron precedent. The stock rose 1.6% in pre-market trading to change hands for $259.29 as of 9:20 a.m. EST. Citi’s previous price target for COIN was $260. $COIN upgraded to BUY at CITI "Shifts in the U.S. Election landscape and the Supreme Court’s overturning of the long-standing Chevron precedent has changed our view on Coinbase’s regulatory risks." Raises target price 33% to $345 pic.twitter.com/CoMbCTFbK8 — matthew sigel, recovering CFA (@matthew_sigel) July 23, 2024 Former US President Donald Trump, who vows to become ”crypto president” if he retakes the White House, is set to speak at the Bitcoin 2024 Confe

Arbitrum Attracts Over 48% Of Assets From Ethereum: Why Is ARB Down 68% In 7 Months?

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ARB, the native token of Arbitrum, the Ethereum layer-2 solution, is down 68% from January 2024 highs. However, there is good news: While ARB holders “suffer” in the face of unrelenting bears, positive on-chain developments reveal a platform that is not only the largest by total value locked (TVL) but also brimming with potential. Over 48% Of Ethereum Bridged Assets End Up In Arbitrum Taking to X, one analyst notes a surge in user activity on Arbitrum and that the platform leads across multiple key performance indicators (KPIs). Related Reading Analyst Says Solana Price Will Surge 1,000% To $1,800, Here’s When 12 hours ago Of importance, the analyst observed that though there are other Ethereum l