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Ethereum – Page 25 – BitcoTasks BLOG
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CoinShares: Altcoins Defy Trends As Bitcoin Faces $600M in Outflows – What’s Next?

Cryptocurrency Market News

The Bitcoin market has witnessed significant shifts recently, influenced by macroeconomic factors and changing investor sentiments. Last week, digital asset investment products saw substantial outflows, which CoinShares attributed to several key economic updates. These included the release of US CPI data, the Federal Open Market Committee (FOMC) meeting, and Producer Price Index (PPI) figures. These…

CoinShares: Altcoins Defy Trends As Bitcoin Faces $600M in Outflows – What’s Next? 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 »

Ethereum On The Rise and Outperforms Bitcoin: Signals Indicate Fresh Increase

Eth

Ethereum price started a fresh increase from the $3,365 zone. ETH outperformed Bitcoin and might aim for a move toward the $3,800 resistance zone. Ethereum started a recovery after the bulls appeared near the $3,365 zone. The price is trading above $3,550 and the 100-hourly Simple Moving Average. There was a break above a key…

Ethereum On The Rise and Outperforms Bitcoin: Signals Indicate Fresh Increase Read More »

Ethereum: 200,000 ETH Options Expiry Spurs Demand – How Far Can Price Go?

Cryptocurrency Market News

Investors are bullish on Ethereum as the industry awaits the launch of Spot Ethereum ETFs. This sentiment is relayed through the recent expiration of Ethereum options contracts and the put-call ratio. According to data, over 200,000 ETH options recently expired, and the crypto community eagerly awaits the direction of the Ethereum price. Notably, the majority…

Ethereum: 200,000 ETH Options Expiry Spurs Demand – How Far Can Price Go? 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 »

Lido (LDO) Poised For Explosive Surge To $17, Expert Forecasts ‘Massive Breakout’

Lido Dao

Lido Finance, the liquid staking protocol for the Ethereum (ETH) network, has experienced significant price declines over the past two weeks, largely influenced by the market’s downtrend and the lack of bullish momentum. However, a notable breakout could be in the making for the protocol’s native token, LDO, despite negative financial metrics.  Lido And Mellow Finance’s…

Lido (LDO) Poised For Explosive Surge To $17, Expert Forecasts ‘Massive Breakout’ Read More »

Ethereum Longs Crushed! Who Got Burned In The $62 Million Fire Sale?

Cryptocurrency Market News

Ethereum (ETH) bulls got a taste of fire on June 11th as the altcoin’s derivatives market witnessed a dramatic surge in long liquidations. According to data from Coinglass, this event marked the highest level of long liquidations since May 23rd, signifying a significant correction for traders who bet on rising prices. Crimson Chart: Long Positions…

Ethereum Longs Crushed! Who Got Burned In The $62 Million Fire Sale? Read More »

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