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Ethereum – Page 10 – BitcoTasks BLOG
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Ethereum Foundation Moves $64.4 Million Worth Of ETH, Is This A Dump?

Ethereum

The Ethereum (ETH) tokens. The non-profit organization’s Ethereum transactions are always significant, considering the impact they usually have on the second-largest crypto token.  Ethereum Foundation Transfers $64.4 Million Worth Of ETH Crypto journalist Colin Wu revealed in an X (formerly Twitter) post that a wallet (0x8e…D052) linked to the Ethereum Foundation transferred 18,089 ETH ($64.4…

Ethereum Foundation Moves $64.4 Million Worth Of ETH, Is This A Dump? Read More »

Spot Ethereum ETFs Expected To Begin Trading On July 2, Can This Propel ETH To $10,000?

Ethereum

Discussions around when the Spot Ethereum ETFs will likely begin trading have continued to heat up. This time, Bloomberg analyst Eric Balchunas and fellow Bloomberg analyst James Seyffart have shared an update on when they expect these funds to begin trading.  Spot Ethereum ETFs To Begin Trading By July 2 Balchunas stated in an X…

Spot Ethereum ETFs Expected To Begin Trading On July 2, Can This Propel ETH To $10,000? Read More »

Ethereum Withdrawals From Coinbase Top $1.2 Billion, What’s Going On?

Ethereum

Ethereum has seen a number of notable withdrawals that suggests that crypto whales are expecting a recovery in price. These large withdrawals has caused the ETH balances on centralized exchanges to fall to their lowest level since 2016. 336,000 ETH Withdrawn From Exchanges Crypto analyst Ash Crypto took to X (formerly Twitter) to ETH that…

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Is Ethereum’s Price Under Pressure? Here Is What Futures Data Signals

Ethereum

Recent data from CryptoQuant has revealed a bearish phase for Ethereum (ETH), as futures traders exhibit strong selling activity. The crypto community closely monitors these developments, especially with Ethereum struggling to hold above the $3,500 mark, adding tension to an already volatile market. Ethereum Market Sentiments And Technical Indicators Data from CryptoQuant has shed light…

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Ethereum Buying Pressure Reaches Critical Level Amid Massive Whale Buying

Ethereum

Institutional investors have been accumulating Ethereum at a rapid pace after the SEC’s recent approval of Spot Ethereum ETFs. Crypto analyst Ali Martinez noted that this accumulation trend has created buying pressure that could be the much-needed catalyst for Ethereum to break above the $4,000 price mark. According to a social media post by Ali…

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Ethereum Drops Below 4-Hour SMA: Analyzing The Impact

Ethereum

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently seen its price fall below the 4-hour Simple Moving Average (SMA). This technical development is noteworthy for traders and investors, as the 4-hour SMA is often used to gauge short-term market momentum. When a cryptocurrency’s price drops below this moving average, it can signal a…

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VanEck Revises Ethereum Prediction To Put Price At $22,000, Here’s Why

Ethereum

Ethereum (ETH), revealing what price it believes the second-largest crypto token could reach by 2030. The firm also did well to outline what could drive Ethereum’s price to this revised price.  Ethereum To Reach $22,000 By 2030 In a recent blog post, VanEck predicted that Ethereum could reach $22,000 by 2030. Before now, the asset…

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Ethereum Spot ETF: Franklin Templeton Launches Fee War With 0.19% Offer

Ethereum

Following the abrupt approval of the Ethereum Spot ETFs by the US Securities and Exchange Commission (SEC), several prospective issuers have now filed amended versions of their S-1 forms. This development follows an initial directive from the commission that necessitated all asset managers vying to launch an Ether Spot ETF  to submit their draft S-1…

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ETH/BTC Bounces From A 7-Year Support Trend Line: Ethereum To $4,900?

Ethereum

After a crucial week for Ethereum, a technical candlestick arrangement shows that ETH prices could prepare for a sharp upturn in the coming weeks and months. Pointing out events in the monthly chart, one analyst notes that the ETH/BTC ratio reverses from a multi-year support trend line. Usually, the analyst continued, when prices bounce from…

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Analyst Predicts Ethereum Spot ETFs To Attract 25% Of BTC Demand – Here’s Why

Ethereum

Following the sudden approval of the Ethereum Spot ETF last week, speculations continue to roll in on the potential performance of these funds ahead of their debut trading session. Most recently, renowned Bloomberg ETF analyst, James Seyffart has weighed in on the subject giving his thoughts on the possible level of investments the Ethereum spot…

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