* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, May 13, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Downtown Frederick Partnership announces Alive@Five season lineup – The Frederick News-Post

    Get Ready for Fun: Downtown Frederick’s Exciting Alive@Five Season Lineup Revealed!

    ‘American Idol’ Top 3 revealed as 2 contestants eliminated: Who advanced to the Season 23 finale? – Yahoo

    ‘American Idol’ Top 3 revealed as 2 contestants eliminated: Who advanced to the Season 23 finale? – Yahoo

    60,000 Fans Caused a Small Earthquake Because of One Famous Rock Song – Yahoo

    How 60,000 Fans Rocked the Ground with One Iconic Song!

    Dan Spilo Out at Industry Entertainment After Incident on Set of Alan Ritchson Movie (Exclusive) – The Hollywood Reporter

    Dan Spilo Exits Industry Entertainment Following Controversial Incident on Set of Alan Ritchson Film

    John Legend Says He’s Shocked by Ye’s ‘Descent’ Into ‘Antisemitism’ and ‘Anti-Blackness’ – Yahoo

    John Legend Expresses Shock Over Ye’s Troubling Descent into Antisemitism and Anti-Blackness

    Free Flowin’ Fest brings entertainment to Pascagoula’s Beach Park – WLOX

    Experience the Excitement: Free Flowin’ Fest Lights Up Pascagoula’s Beach Park!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Michigan Public Policy Survey suggests uncertainty among local officials on AI police surveillance technology – The Michigan Daily

    Local Officials Grapple with Uncertainty Over AI Surveillance Technology in Policing

    Trump Media & Technology Group: When Politics Gets A Ticker Symbol (NASDAQ:DJT) – Seeking Alpha

    Trump Media & Technology Group: When Politics Gets A Ticker Symbol (NASDAQ:DJT) – Seeking Alpha

    GenTech offers coding, AI lessons for elementary students – KTAR.com

    GenTech offers coding, AI lessons for elementary students – KTAR.com

    Arkansas Tech Univeristy-Ozark collision repair technology program re-accredited – Northwest Arkansas Democrat-Gazette

    Arkansas Tech University-Ozark’s Collision Repair Technology Program Earns Re-Accreditation!

    Top Chief Technology Officers to Watch in 2025: SMX’s Anthony Vultaggio – WashingtonExec

    Top Chief Technology Officers to Watch in 2025: SMX’s Anthony Vultaggio – WashingtonExec

    Well completions per location more than double in Lower 48 states as technology advances – U.S. Energy Information Administration (EIA) (.gov)

    Revolutionizing Oil Production: Lower 48 States See Doubling of Well Completions Thanks to Technological Breakthroughs!

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Downtown Frederick Partnership announces Alive@Five season lineup – The Frederick News-Post

    Get Ready for Fun: Downtown Frederick’s Exciting Alive@Five Season Lineup Revealed!

    ‘American Idol’ Top 3 revealed as 2 contestants eliminated: Who advanced to the Season 23 finale? – Yahoo

    ‘American Idol’ Top 3 revealed as 2 contestants eliminated: Who advanced to the Season 23 finale? – Yahoo

    60,000 Fans Caused a Small Earthquake Because of One Famous Rock Song – Yahoo

    How 60,000 Fans Rocked the Ground with One Iconic Song!

    Dan Spilo Out at Industry Entertainment After Incident on Set of Alan Ritchson Movie (Exclusive) – The Hollywood Reporter

    Dan Spilo Exits Industry Entertainment Following Controversial Incident on Set of Alan Ritchson Film

    John Legend Says He’s Shocked by Ye’s ‘Descent’ Into ‘Antisemitism’ and ‘Anti-Blackness’ – Yahoo

    John Legend Expresses Shock Over Ye’s Troubling Descent into Antisemitism and Anti-Blackness

    Free Flowin’ Fest brings entertainment to Pascagoula’s Beach Park – WLOX

    Experience the Excitement: Free Flowin’ Fest Lights Up Pascagoula’s Beach Park!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Michigan Public Policy Survey suggests uncertainty among local officials on AI police surveillance technology – The Michigan Daily

    Local Officials Grapple with Uncertainty Over AI Surveillance Technology in Policing

    Trump Media & Technology Group: When Politics Gets A Ticker Symbol (NASDAQ:DJT) – Seeking Alpha

    Trump Media & Technology Group: When Politics Gets A Ticker Symbol (NASDAQ:DJT) – Seeking Alpha

    GenTech offers coding, AI lessons for elementary students – KTAR.com

    GenTech offers coding, AI lessons for elementary students – KTAR.com

    Arkansas Tech Univeristy-Ozark collision repair technology program re-accredited – Northwest Arkansas Democrat-Gazette

    Arkansas Tech University-Ozark’s Collision Repair Technology Program Earns Re-Accreditation!

    Top Chief Technology Officers to Watch in 2025: SMX’s Anthony Vultaggio – WashingtonExec

    Top Chief Technology Officers to Watch in 2025: SMX’s Anthony Vultaggio – WashingtonExec

    Well completions per location more than double in Lower 48 states as technology advances – U.S. Energy Information Administration (EIA) (.gov)

    Revolutionizing Oil Production: Lower 48 States See Doubling of Well Completions Thanks to Technological Breakthroughs!

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Ethereum sees $30M inflows after weeks – This is the key reason why

May 8, 2024
in Business
Ethereum sees $30M inflows after weeks – This is the key reason why
Share on FacebookShare on Twitter

Investments worth $30 million were allocated to Ethereum products.
Bitcoin registered outflows, but ETH’s price might drop.

For the fourth consecutive week, digital asset investment products recorded more outflows than inflows. Coinshares, the leading asset manager, made this known in a post dated the 7th of May.

In total, the outflows were worth $251 million with Bitcoin [BTC] accounting for $284 million. However, Ethereum [ETH] was able to reduce that number after it registered inflows worth $30 million.

ETH comes out from the shadows

This was the first time in seven weeks that Ethereum had inflows. However, AMBCrypto observed that the launch of Bitcoin and Ethereum spot ETFs in Hong Kong last week was responsible for the increase.

Weekly crypto flows shows Ethereum high inflows

Source: CoinShares

CoinShares also agreed, highlighting that,

“The bright spot last week was the successful launch of spot-based Bitcoin and Ethereum ETFs in Hong Kong, which saw US$307m inflows in the first week of trading.”

Another reason could be linked to the anticipated decision of the U.S. whether to approve the Ethereum ETF applications or not.

In previous articles, AMBCrypto had reported how some experts expressed skepticism about the approvals.

However, there were a few who displayed optimism that the filing would get the green light. In the week before the last, we had mentioned how Litecoin [LTC] and Chainlink [LINK] led the inflows.

But last week, these altcoins could not find favor in the eyes of investors. For Ethereum, an approval could save ETH from its depressing phase.

On the other hand, rejection could trigger another wave of correction for the cryptocurrency. At press time, ETH changed hands at $3,067.

The coast is not clear

Furthermore, there have been predictions that the price might slide again. If validated, a decline to $2,800 could happen, as it did a few weeks back.

Nonetheless, there are some traders whose target is a return above $4,000. To ascertain the potential of these forecasts, we looked at the Market Value to Realized Value (MVRV) ratio.

The MVRV ratio measures the profitability status of holders. With this metric, one can tell if a cryptocurrency is undervalued, at fair value, or overvalued.

At press time, Ethereum’s 30-day MVRV ratio was -3.447%. This means that holders would generate an average of a -3% loss if they all decide to sell at the current value.

Ethereum shows low profitability status

Source: Santiment

But most would not do this. However, this might not be a good accumulation point, despite the negative reading. Historically, great buying opportunities appear when the metric is between -7% and -18%.

Therefore, those keeping an eye on ETH, and waiting for good entries, might need to wait a little longer.

Is your portfolio green? Check out the ETH Profit Calculator

Regardless of the entry region, ETH would need an intense level of buying pressure to start rewarding the positions.

For now, it is uncertain when that will happen. However, market participants are hopeful that Ethereum’s time to shine might not be far away.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : AMBCrypto – https://ambcrypto.com/ethereum-sees-30m-inflow-after-weeks-this-is-the-key-reason-why/

Tags: businessEthereumInflows
Previous Post

Russia unleashes ‘massive’ barrage targeting Ukraine energy infrastructure

Next Post

All about Revolut exchange and its latest crypto plans for U.K customers

State lays out plan to tackle impacts of climate change in Washington – Department of Ecology – State of Washington (.gov)

Washington’s Bold Strategy to Combat Climate Change and Protect Our Future

May 13, 2025
The American brain drain has arrived. Just ask these scientists. – Business Insider

America’s Brain Drain: Insights from Leading Scientists

May 13, 2025
Class of 2025: Sophie Laman aimed straight for VCU’s forensic science program – VCU News

Class of 2025: Sophie Laman aimed straight for VCU’s forensic science program – VCU News

May 13, 2025
Lifestyle Diseases: Speed up implementation of front-of-pack labelling – Government urged – Africa Science News

Lifestyle Diseases: Speed up implementation of front-of-pack labelling – Government urged – Africa Science News

May 13, 2025
Climate crisis threatens the banana, the world’s most popular fruit, research shows – The Guardian

Climate crisis threatens the banana, the world’s most popular fruit, research shows – The Guardian

May 13, 2025
European economist says Russia’s economy is strained due to the Ukraine war and sanctions – Alton Telegraph

How the Ukraine War and Sanctions Are Straining Russia’s Economy

May 13, 2025
Downtown Frederick Partnership announces Alive@Five season lineup – The Frederick News-Post

Get Ready for Fun: Downtown Frederick’s Exciting Alive@Five Season Lineup Revealed!

May 13, 2025
Interwell Health Recognized as a Modern Healthcare 2025 Best Place to Work in Healthcare – PR Newswire

Interwell Health Recognized as a Modern Healthcare 2025 Best Place to Work in Healthcare – PR Newswire

May 13, 2025
Has America Given Up on Children’s Learning? – The New York Times

Is America Turning Its Back on Children’s Education

May 13, 2025
Michigan Public Policy Survey suggests uncertainty among local officials on AI police surveillance technology – The Michigan Daily

Local Officials Grapple with Uncertainty Over AI Surveillance Technology in Policing

May 13, 2025

Categories

Archives

May 2025
MTWTFSS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Apr    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (606)
  • Economy (617)
  • Entertainment (21,530)
  • General (15,214)
  • Health (9,660)
  • Lifestyle (623)
  • News (22,149)
  • People (620)
  • Politics (624)
  • Science (15,840)
  • Sports (21,127)
  • Technology (15,608)
  • World (608)

Recent News

State lays out plan to tackle impacts of climate change in Washington – Department of Ecology – State of Washington (.gov)

Washington’s Bold Strategy to Combat Climate Change and Protect Our Future

May 13, 2025
The American brain drain has arrived. Just ask these scientists. – Business Insider

America’s Brain Drain: Insights from Leading Scientists

May 13, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version