Ethereum price is again moving higher above the $3,800 resistance. ETH is now consolidating near $3,850 and is eyeing an upside break above $4,000 in the near term. Ethereum started a fresh increase above the $3,750 resistance. The price is trading above $3,750 and the 100-hourly Simple Moving Average. There is a key bullish trend…
Ethereum Price Sets Sights on New Peaks: Anticipating a Bullish Breakout Read More »
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…
Analyst Predicts Ethereum Spot ETFs To Attract 25% Of BTC Demand – Here’s Why Read More »
Over some days, the price of Ethereum has been in a consolidation zone, moving between $3,949 and $3,627. This is a result of the rally that happened a few days ago which led to the crypto asset’s price making over 10% movement on the upside. When prices are consolidating, it can only be considered that…
Ethereum Price Consolidates: Here Are The Next Key Levels To Watch Read More »
Lido (LDO), the liquid staking protocol for the Ethereum (ETH) and Polygon (MATIC) blockchains, has seen a significant price spike in the last 24 hours following the long-awaited approval of spot Ethereum ETF applications by the US Securities and Exchange Commission (SEC) on Thursday. The protocol’s native token, LDO, has successfully regained the $2.30 level…
The recent approval of the Ethereum ETF applications by the US Securities and Exchange Commission (SEC) on Thursday has sparked speculation on the next price movements for the market’s second-largest cryptocurrency as the trading launch date approaches. However, significant transfers of Ethereum (ETH) to cryptocurrency exchanges have raised concerns about profit-taking, portfolio rebalancing, and potential…
Post-Ethereum ETF Analysis: ETH Price Seeks Bottom As Bulls Eye $5,000 Target Read More »
Earlier today, the United States Securities and Exchange Commission (SEC) approved 19b-4 fillings for eight spot Ethereum exchange-traded funds (ETFs), paving the way for the highly anticipated institutional adoption of the second most valuable coin. The decision comes after months of uncertainty and less than six months after the regulator approved spot Bitcoin ETFs. For…
Did MicroStrategy Mess Up By Choosing Bitcoin Over Ethereum? Analyst Weighs In Read More »
Algorand Foundation’s new ad criticized Bitcoin, Ethereum, and Solana for their efficiency. The ad received mixed reactions from the crypto community and sparked a conversation about the art of advertising crypto products. Algorand, The Only One “Delivering” Algorand’s latest ad has sparked controversy for “dissing” three networks. Titled “When Blockchain Meets The Real World, Only…
Battle Of Networks? Algorand Pokes Fun At Bitcoin, Ethereum, And Solana In New Ad Read More »
A crypto analyst has made a rather cryptic prediction, suggesting that the approval of Ethereum Spot ETFs by the United States Securities and Exchange Commission (SEC) could unleash a new wave of “animal spirits.” This term in crypto is often used to describe an irrational exuberance and optimism that fuels financial markets. Ethereum Spot ETF…
Ethereum has yet to witness a move on the upside today, following the historic approval of the ETH Spot Exchange-Traded Funds (ETFs). However, given the impact of the exchange funds, as seen with Bitcoin, several crypto analysts and market watchers anticipate a major rally for ETH in the upcoming months. Joining the fray is popular…
Ethereum Undergoes Major Breakout, Path To New All-Time High? Read More »
Ethereum (ETH), the world’s second-largest cryptocurrency, has been on a tear lately. After months of hovering, the coin has seen a surge in price, and analysts are now pointing to signs within the derivatives market suggesting this rally might have legs. Taker Buy Sell Ratio Nears Equilibrium One key indicator is the Taker Buy Sell…
Ethereum Eyes $4,000 Comeback Fueled By Bullish Buying Spree Read More »
Thomas Fahrer, co-founder of Apollo, a firm focused on Bitcoin adoption, has issued a stark warning regarding the potential market dynamics following the approval of spot Ethereum ETFs. As the market anticipates this new development, Fahrer suggests that the transition might not be smooth for Ethereum. “The Grayscale Ethereum Trust launched in 2017 and accumulated…
When Spot Ethereum ETFs Go Live ‘Expect A Bloodbath’, Says Expert Read More »
