ethereum news – Page 5 – BitcoTasks BLOG

Trading Guru Sees Bullish Future for Ethereum, Targets $5,600 in Latest Analysis

July 17, 2024

Ethereum has so far witnessed intensified attention from the crypto community following the swirling reports of the likely launch of Ethereum spot exchange-traded-funds (ETFs) next week. Of those giving the asset increasing attention is Peter Brandt, a veteran trader who has recently shared exciting insights into Ethereum’s price action. Renowned for his decades-long track record…

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Why Is The Ethereum Price Up Today?

July 16, 2024

Ethereum

Ethereum (ETH) is up in the last 24 hours. This is thanks to a recent development suggesting that the Spot Ethereum ETFs are set to launch anytime soon. These funds are expected to positively impact ETH’s price, with the second-largest crypto token poised to reach new highs. Why ETH Is Up Today Ethereum experienced a…

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Crypto Analyst Says Ethereum Price Is Headed To $4,000, Here’s Why

July 15, 2024

Ethereum

Crypto analyst Linda has made a bullish case for could rise to $4,000. The analyst also explained what could lead to such a price surge. Why Ethereum Could Reach $4,000 In a Securities and Exchange Commission (SEC). These Spot Ethereum ETFs are expected to be approved anytime soon based on predictions made by market experts,…

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Spot Ethereum ETFs FOMO: Tron Founder Justin Sun Drops $5 Million On ETH

July 12, 2024

Ethereum

Ethereum (ETH), the world’s second-largest cryptocurrency. Tron Founder Buys $5 Million Worth Of ETH In an X (formerly Twitter) Ethereum transaction allegedly executed by Sun. According to the analytics platform, the Tron founder had supposedly spent $5 million to buy 1,614 ETH tokens at an approximate price of $3,097 per ETH. Spot On Chain revealed…

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Analyst says Ethereum Will Reach $8,000 ATH, But This Needs To Happen First

July 12, 2024

Ethereum

A crypto analyst has predicted that Ethereum (ETH), the world’s second-largest cryptocurrency will surge to new all-time highs around the $8,000 price mark. However, for Ethereum to reach this ambitious price target, the analyst emphasized that the cryptocurrency must fulfill certain key conditions. Ethereum Road Map To $8,000 ATH A crypto analyst identified as ‘Bluntz’…

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Ethereum Whale Sparks Sell-Off Rumors With 11,215 ETH Coinbase Deposit

July 10, 2024

Ethereum

An Ethereum whale has caused panic among community members following a recent transaction suggesting they might be looking to offload their holdings. This comes amid a recent prediction by research firm Matrixport that Ethereum’s price could significantly rebound from its current price level. Ethereum Whales Transfers 11,215 ETH Onchain data shows that the Ethereum whale…

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Is This Ethereum ICO Project To Blame For ETH’s Price Slump?

July 8, 2024

Ethereum

The Ethereum price has fallen by around -25% since its mid-March peak at around $4,100 and is currently trading just above $3,000. While this loss is in line with the broader market trend and in particular Bitcoin’s price drop of about -22% in the same time, there could be another reason for ETH’s price slump,…

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Analyst Predicts Ethereum Nosedive, Cautions Investors To Prepare For $2,700 Target

July 5, 2024

Ethereum

Amid the ongoing bloodbath in the cryptocurrency market, Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has not been spared. Over the past week, ETH has experienced a significant 9% price decline, bringing it down to the $3,130 level. As market participants closely monitor the situation, the focus now lies on crucial levels that must…

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Experts Eye Spot Ethereum ETF Launch By Mid-July, Predict Price Rally

July 3, 2024

Ethereum

The crypto industry is on the verge of a potentially significant development as key figures in the sector hint at the imminent approval of a spot Ethereum ETF in the United States, possibly triggering a notable price rally for ETH. Nate Geraci, president of The ETF Store, shared insights into the expected timeline for the…

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Crypto Trader Says He’s ‘Extremely Long’ On Ethereum, Undeterred By Crash Below $3,400

June 28, 2024

Ethereum

Crypto trader Duncan has explained why he is “extremely long” on Ethereum (ETH) despite the crypto token’s recent drop to around $3,400. He emphasized the Spot Ethereum ETFs, which he believes could spark a significant rally for ETH. A ‘Significant Upside Repricing’ Could Be On The Horizon ForTHEEthereum Duncan mentioned in an X (formerly Twitter)…

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Is Ethereum About To Take Off? Analysts Weigh In Amid ETF Approval Date Rumors

June 28, 2024

Ethereum News

Ethereum (ETH)’s struggles to regain the last cycle’s heights have brewed a bearish sentiment among some sectors of the crypto community. Its performance during Q2 has seemingly continued to fuel the sentiment. However, with rumors of an ETH ETF (Exchange-Traded Fund) approval being around the corner, analysts believe the ‘King of Altcoins’ is about to…

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