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Bitwise CIO Expects $15 Billion To Flow Into Spot Ethereum ETFs, How Will ETH React?

Ethereum

Bitwise’s Chief Investment Officer (CIO) Matt Hougan recently discussed the inflows the US Spot Ethereum ETFs could attract. Specifically, he stated how much could flow into these funds in their first 18 months of trading.  Spot Ethereum ETFs To Record $15 Billion In First 18 Months Of Trading Hougan mentioned in a Bitcoin and Ethereum…

Bitwise CIO Expects $15 Billion To Flow Into Spot Ethereum ETFs, How Will ETH React? Read More »

Spot Bitcoin ETFs See 7 Consecutive Days Of Outflows, Here’s What Happened Last Time

Bitcoin

Spot Bitcoin ETFs have entered another disturbing trend, recording outflows for one week straight. These outflows have coincided with the decline in the Bitcoin price, suggesting that the sell-offs may be directly linked to institutional sell-offs, as well as miner sell-offs. The funds have now completed seven consecutive days of outflows, so this report takes…

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Will Ethereum Skyrocket? Crypto Analyst Predicts $6,000 By September

Ethereum

Popular crypto analyst degentrading (@degentradingLSD) has made a bold prediction that Ethereum will reach $6,000 by September 2024. This prediction comes in response to an analysis by Mechanism Capital founder Andrew Kang, who expects Ethereum to underperform despite the imminent launch of US spot Ethereum ETFs. Andrew Kang’s analysis projects a continued downtrend for ETHBTC,…

Will Ethereum Skyrocket? Crypto Analyst Predicts $6,000 By September Read More »

3 Reasons To Invest In Ethereum, 1 To Stay Bitcoin-Only: Bitwise CIO

Bitcoin

In a recent commentary shared on X, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, which ranks as the world’s largest provider of cryptocurrency index funds, detailed why investors should consider diversifying their cryptocurrency portfolio by adding Ethereum (ETH), alongside maintaining a position in Bitcoin (BTC). Hougan offered three compelling reasons for investors to…

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Ethereum Price To Hit $10,000, ‘Just The Way The Chips Have Fallen,’ Analyst Says

Ethereum

Crypto analyst and trader Tyler Durden has revealed his bullish sentiment towards Ethereum (ETH). The analyst suggested that the ETH rise was inevitable and that it was better for traders to go with the tide.  Ethereum Is Set To Rise To $10,000 Durden mentioned in an X (formerly Twitter) post that Ethereum to $10,000 is…

Ethereum Price To Hit $10,000, ‘Just The Way The Chips Have Fallen,’ Analyst Says Read More »

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…

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

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 Inflows Soar: Record Week With $69M As ETFs Near Trading Launch, What’s Next?

Ethereum News

Following the recent price spike that brought Ethereum (ETH) close to the $4,000 mark, the second-largest cryptocurrency has experienced inflows and renewed market enthusiasm. This comes in response to the US Securities and Exchange Commission’s (SEC) approval of Ethereum ETF applications by major asset managers. Best Week For Ethereum Since March  According to a report…

Ethereum Inflows Soar: Record Week With $69M As ETFs Near Trading Launch, What’s Next? Read More »

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…

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

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