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Ethereum – Page 6 – BitcoTasks BLOG
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Ethereum Price Under Pressure: Here’s Why $3,000 Is A Critical Level

Ethereum

The Ethereum price has been under intense bearish pressure over the past few weeks, continuing in a downward spiral over the last seven-day period. This horrid run of form has persisted despite the recent launch of spot ETH ETFs. According to recent on-chain data, the price of the altcoin seems to be approaching a significant…

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Market Experts Update Ethereum Predictions: Is A 1,400% Rally To $50,000 Possible?

Ethereum

Two market experts recently revised their predictions for Ethereum, with one claiming that the second-largest crypto token could rise to as high as $100,000. Interestingly, these ultra-bullish predictions align with some predictions made by financial institutions. Ethereum To Rise To $50,000 Ethereum maximalist Adriano Feria predicted in an X (formerly Twitter) Ethereum developer Eric Conner’s…

Market Experts Update Ethereum Predictions: Is A 1,400% Rally To $50,000 Possible? Read More »

Ethereum Seeing High Exchange Outflows, But Watch Out For This Bearish Signal

Ethereum

On-chain data shows Ethereum has been observing high exchange outflows recently, but a development related to Tether (USDT) may be a bearish obstacle for the market. Ethereum And Tether Both Have Seen Withdrawals From Exchanges Recently As explained by the on-chain analytics firm Santiment in a new Exchange Flow Balance,” which measures the net amount…

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Analyst Says ETH Price Will Struggle As Spot Ethereum ETFs Expectations Crash

Ethereum

Pseudonymous trader and analyst Roman has made a bold prediction regarding the ETH price, suggesting that investors should lower their short-term expectations. This comes amid a drop in the hype around the Spot Ethereum ETFs, with these funds currently suffering significant outflows.  What To Expect From The ETH Price Roman mentioned during an interview with…

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Ethereum vs. Bitcoin: Why ETH Could See Larger Fluctuations Soon, QCP Reveals

Ethereum

Regardless of both their maturity in the market, Bitcoin and Ethereum rivalry persists. According to recent potential price swings. ETH to see Larger Price Swings than BTC Delving further into the insights shared, QCP Capital disclosed that it has observed Ethereum’s volatility premium over Bitcoin expanding to 8%, up from 4% just last week. This…

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Brace For Impact: Ethereum Whales Send Over $205 Million To Coinbase

Ethereum

On-chain data suggests that some Ethereum whales might be jumping off the bandwagon amidst the ongoing tug-of-war between bulls and bears. This phenomenon has become increasingly evident as transaction data from whale trackers reveals a significant uptick in whale activity over the past 24 hours. The majority of these transactions are directed towards various crypto…

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Over 33 Million ETH Staked As Spot Ethereum ETFs Roll Out: Up Next $4,000?

Ethereum

Ethereum is outperforming Bitcoin at spot rates, holding firm above the support zone between $3,000 and $3,300. Although prices retraced yesterday, with the July 29 bar closing with a long upper wick pointing to weakness, ETH holders are upbeat, expecting gains above $4,000. Roughly 30% Of All ETH Staked, Validators Stand At Over 1 Million…

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Ethereum’s Breakout Moment: Here’s Why ETH Could Skyrocket to $15,000 Soon

Ethereum

Ethereum, the second-largest cryptocurrency by market capitalization, has started showing signs of a bullish trajectory. Particularly, according to insights from CoinSignals, a prominent crypto analysis platform, Ethereum is poised for a significant price rally. The platform suggests that Ethereum could see its value rise to between $12,000 and $15,000 shortly. This forecast is based on…

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Ethereum Poised To Break $4,000 As Price Tests Crucial Levels; Analyst

Ethereum

Ethereum appears poised for a significant breakout above the highly anticipated $4,000 price threshold. Despite this potential, the cryptocurrency has recently fallen short of the expectations of many enthusiasts and retail traders. The much-hyped launch of Spot Ethereum ETFs, rather than sparking a rally, turned into a classic “sell-the-news” event, leading to disappointment in the…

Ethereum Poised To Break $4,000 As Price Tests Crucial Levels; Analyst Read More »

Ethereum Open Interest Rises By $1.5 Billion – What This Means

Ethereum

Ethereum (ETH) recorded a significant loss in price this week following the trading debut of Ethereum spot ETFs. According to data from CoinMarketCap, ETH has declined by 6.60% in the last seven days, falling as low as $3,100. However, amidst this price crash, CryptoQuant analyst burakkesmeci has made an important observation with a potential impact…

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