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implodes – Cryptocurrencypanther https://cryptocurrencypanther.com Latest Crypto News Fri, 05 Sep 2025 17:44:03 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://cryptocurrencypanther.com/wp-content/uploads/2021/07/cropped-Cryptocurrency-e1626714913653-32x32.png implodes – Cryptocurrencypanther https://cryptocurrencypanther.com 32 32 Ether ETF mania implodes: $505M lost in just 4 days https://cryptocurrencypanther.com/2025/09/05/ether-etf-mania-implodes-505m-lost-in-just-4-days/ https://cryptocurrencypanther.com/2025/09/05/ether-etf-mania-implodes-505m-lost-in-just-4-days/#respond Fri, 05 Sep 2025 17:44:03 +0000 https://cryptocurrencypanther.com/2025/09/05/ether-etf-mania-implodes-505m-lost-in-just-4-days/

Ethereum ETFs lost $505M in just four days amid profit-taking and economic uncertainty.

  • Ethereum ETFs lost $505M in just four days amid profit-taking and economic uncertainty.
  • Bitcoin ETFs gained $284M, signaling a shift toward perceived safer crypto assets.
  • Analysts warn volatility may continue, but long-term fundamentals for Ethereum remain strong.

Ethereum ETFs took a sharp hit, losing $505 million in just four days. The pullback follows a strong Q3 rally, where inflows and prices were hitting new highs, but investors suddenly hit the brakes.

Rising economic uncertainty and profit-taking appear to be behind the sudden flight.

Bitcoin ETFs, by contrast, drew in $284 million over the same stretch, showing investors are still hungry for crypto exposure—but not all crypto is treated equally.

For Ethereum, it’s a mix of strong demand and high volatility that’s keeping traders on edge.

Rise and fall of Ethereum ETF inflows

Ethereum ETFs rode a blistering wave in Q3 2025, pulling in over $33 billion in net inflows.

The surge was fueled by a mix of factors: the deflationary supply model after the Merge, attractive staking yields averaging 4.5% a year, and growing adoption of Layer 2 solutions, including the Dencun upgrades.

Institutional demand helped push Ethereum’s price from roughly $2,500 in mid-July to a peak of $4,744 by late August—a near doubling in just six weeks.

ETF inflows were closely tied to the rally, showing a 62% correlation with price movements.

Ethereum’s rally ran into trouble in early September. On Tuesday, investors pulled $135.3 million out of Ethereum ETFs, moving into Bitcoin ETFs, which are seen as a safer bet amid rising economic uncertainty.

The shift dragged Ethereum’s price down more than 10% from mid-August, to $4,209, the lowest since the middle of the month.

The drop highlights short-term caution, even as Ethereum’s ecosystem keeps evolving and the long-term growth story remains on track.

What analysts say: Caution amid volatility

Market watchers see the recent ETF outflows as a typical cooldown after an exuberant rally, though they warn that volatility could linger.

Analysts stress that the outflows are driven more by profit-taking and risk management than a loss of confidence in Ethereum’s fundamentals.

Institutional interest remains solid, supported by staking rewards, Layer 2 adoption, and growing custody demand as Ethereum ETFs still hold roughly 5% of the total supply.

The back-and-forth between Ethereum and Bitcoin ETFs is showing just how jittery investors are.

Bitcoin raked in $283.7 million while Ethereum saw money leaving, a clear sign traders are leaning toward what they consider safer bets as inflation and policy worries mount.

Charts show short-term hesitation, but the real test will be whether Ethereum can break past $4,550 and keep climbing.

Right now, everyone’s watching the headlines-economic data, regulations, and ETF flows for clues on the next move.

If Ethereum finds its footing, the outflows could flip fast, reinforcing its position as a top crypto, though caution is still the name of the game in this volatile stretch.



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Dogecoin and Dogelon Mars Prices at Risk as Tesla Stock Implodes – Bankless Times https://cryptocurrencypanther.com/2025/03/10/dogecoin-and-dogelon-mars-prices-at-risk-as-tesla-stock-implodes-bankless-times/ https://cryptocurrencypanther.com/2025/03/10/dogecoin-and-dogelon-mars-prices-at-risk-as-tesla-stock-implodes-bankless-times/#respond Mon, 10 Mar 2025 04:54:54 +0000 https://cryptocurrencypanther.com/2025/03/10/dogecoin-and-dogelon-mars-prices-at-risk-as-tesla-stock-implodes-bankless-times/

Dogecoin and Dogelon Mars Prices at Risk as Tesla Stock Implodes  Bankless Times



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Dogecoin Price Chokes as Tesla Stock Implodes, DXY Rises https://cryptocurrencypanther.com/2023/01/13/dogecoin-price-chokes-as-tesla-stock-implodes-dxy-rises/ https://cryptocurrencypanther.com/2023/01/13/dogecoin-price-chokes-as-tesla-stock-implodes-dxy-rises/#respond Fri, 13 Jan 2023 18:37:47 +0000 https://cryptocurrencypanther.com/2023/01/13/dogecoin-price-chokes-as-tesla-stock-implodes-dxy-rises/

Dogecoin price pulled back on Thursday after a series of weak Wall Street banks earnings. DOGE dropped to a low of $0.078, which was slightly below this year’s high of $0.081. This price is about 19.87% above the lowest level in December. DOGE/GBP also pulled back to 0.65 while DOGE/EUR fell to 0.072. The DXY index drifted upwards amid high recession hopes while Tesla stock price plunged.

DXY index crawls back

2023 has been characterized by a major crash of the US dollar. The US dollar index, which tracks the performance of the US dollar against a basket of currencies, crashed to $102. This price was much lower than last year’s high of $115.

The US dollar index plunged as signs of a Fed pivot increased. Data published last Friday showed that wage growth slowed dramatically in December. While that was a bad thing, investors interpreted it as a victory for the Fed. The Federal Reserve has been hoping that wages will stop growing, which it believes will help slow inflation.

Find out how to invest in Dogecoin.

Additional data published on Thursday showed that US inflation was continued to decelerate. Headline CPI dropped from 7.1% in November to 6.5% in December. Therefore, some analysts have started predicting a deflation in the United States. As such, they believe that the Fed will continue its pivot this year.

More data published on Friday showed that a Fed pivot is imminent as banks warned of a recession. Wells Fargo increased its bad debt provisions dramatically while JP Morgan warned of a slow recession. Other banks like Bank of America and Goldman Sachs hinted that a recession was indeed happening.

These numbers led the US dollar index and the VIX to rebound modestly. This happened as the volatility rose while stock futures fell. Still, I believe that signs of a Fed pivot will push the US dollar index lower and Dogecoin higher.

Tesla stock price is imploding.

Another catalyst for the Dogecoin price is that Tesla is imploding. Tesla stock crashed by more than 6% in the pre-market after the company announced another round of price cuts in the US. It has already slashed prices in China and Europe.

This is a sign that demand for vehicles is falling amid high interest rates. Tesla stock price has plunged by more than 65% in the past 12 months and analysts expect the sell-off to intensify. Tesla matters to Dogecoin because Elon Musk made the coin popular in 2021. He is also one of its top investors. Therefore, a crash in Tesla shares could see him sell some of his coins.



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Dogecoin Price Preps Another 20% Dive as Tesla Stock Implodes https://cryptocurrencypanther.com/2022/12/28/dogecoin-price-preps-another-20-dive-as-tesla-stock-implodes/ https://cryptocurrencypanther.com/2022/12/28/dogecoin-price-preps-another-20-dive-as-tesla-stock-implodes/#respond Wed, 28 Dec 2022 14:50:05 +0000 https://cryptocurrencypanther.com/2022/12/28/dogecoin-price-preps-another-20-dive-as-tesla-stock-implodes/

Dogecoin price continued its bearish trend as investors reacted to the collapse of Tesla stock. DOGE plunged to a low of $0.070, the lowest level since October 26. It has crashed by more than 55% from the highest point in November and by 60% in 2022.

Tesla stock price has crashed

Dogecoin is the biggest meme crypto in the world. It gained its popularity after getting endorsed by Elon Musk, the founder of Tesla and SpaceX. At the time, he was slowly rising the billionaire ranking that propelled him to become the richest person on earth.

Elon Musk owns an unspecified amount of Dogecoin and has expressed his desire to help its developers behind the scenes. However, recently, things have gone downwards for him. According to Bloomberg, his net worth has plunged by more than $140 billion. He has also become the second-richest person after Bernand Arnault. He will soon be overtaken by India’s Gautam Adani.

Find out how to buy Dogecoin.

This performance happened as the Tesla stock price plunged this year. It has fallen by more than 74% in 2022, meaning that Dogecoin has done better than it. Tesla shares plunged as investors remained concerned about its valuation, rising competition from the likes of Nio, Ford, and GM.

Further, the stock plunged because of Elon Musk’s recent acquisition of Twitter. At the time, some analysts believed that the deal would become positive for DOGE prices. However, his buyout has been tumultuous at best. Twitter has lost a bunch of advertisers and fired thousands of workers. Therefore, it is highly unlikely that Twitter will integrate Dogecoin in its ecosystem.

At the same time, there is a likelihood that Musk will start selling his Dogecoin holdings. He was forced to take loans worth billions of dollars to fund his Twitter buyout. Also, he has been selling Twitter shares recently. Still, it is unclear how much DOGE coins he owns.

Dogecoin price prediction

The daily chart shows that DOGE price has been in a strong bearish trend in the past few months. Most recently, the 50-day and 100-day moving averages are about to make a bearish crossover pattern. It has also moved below the important resistance point at $0.089, which was the highest point on August 17.

The current price is important because it was the lowest point on November 10 and 21. Therefore, a drop below this level will be a bearish sign. If this happens, the next level to watch will be at $0.056.



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Enjin Coin and Immutable X prices at risk as NFT industry implodes https://cryptocurrencypanther.com/2022/08/04/enjin-coin-and-immutable-x-prices-at-risk-as-nft-industry-implodes/ https://cryptocurrencypanther.com/2022/08/04/enjin-coin-and-immutable-x-prices-at-risk-as-nft-industry-implodes/#respond Thu, 04 Aug 2022 10:34:57 +0000 https://cryptocurrencypanther.com/2022/08/04/enjin-coin-and-immutable-x-prices-at-risk-as-nft-industry-implodes/

Enjin Coin and Immutable X prices are at major risk as the non-fungible tokens (NFT) industry implodes. The ENJ price has crashed by more than 87% from its all-time high, bringing its total market cap to about $610 million. On the other hand, IMX has seen its price crash by over 85% from its record high.

Are NFTs dying?

Enjin and Immutable are leading blockchain projects that hope to solve some of the most important challenges that NFT creators and buyers have. Unlike Ethereum, Cardano, and Bitgert, their whole ecosystem is about NFTs. 

Enjin runs a platform known as Efinity that enables people to mint and sell NFTs. On the other hand, Immutable X is a layer 2 platform that increases the speed and lowers costs of Ethereum NFT platforms. 

Therefore, the two blockchains are at a major risk as the NFT industry crumbles. Recently, OpenSea, the biggest NFT marketplace, announced that it will lay off a substantial number of its employees as volume drops. In a statement, the firm’s CEO blamed the situation to the ongoing cryptocurrency winter.

Now, new data published by Balthazar shows that the monthly sales volume of NFTs in major marketplaces like OpenSea, Magic Eden, LooksRare, and Solanart has dropped sharply in the past few months. The volume of NFTs sales in July was just $676.73 million, down from January’s high of $6 billion. Still, sales to July were higher than those made in 2021.

According to the report, OpenSea is expected to end the year with sales worth over $26.56 billion, up from 2021’ high of $13 billion. 

Still, analysts believe that the volume of NFTs will continue to languish as interest rates and inflation continue rising. At the same time, liquidity will continue being a challenge as demand wanes. Besides, most people who bought NFTs in 2021 and earlier this year have experienced substantial losses. 

Enjin Coin price prediction 

The daily chart shows that the ENJ price has been moving sideways in the past few days. It is trading at $0.64, where it has been recently. As a result, it is oscillating at the 25-day and 50-day moving averages. 

It has also formed a narrow channel that is shown in green. Therefore, there is a likelihood that the coin will have a major bearish breakout as sellers target the next key support level at $0.35.



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