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This Historical Ethereum Top Signal Is Yet To Appear This Cycle

Ethereum

On-chain data suggests this signal that has historically occurred around Ethereum peaks has yet to appear in the current cycle. Ethereum Foundation Wallets Haven’t Made Large Outflows This Cycle So Far In a new post on X, the market intelligence platform IntoTheBlock has discussed a pattern that Ethereum has witnessed alongside its previous market peaks.…

This Historical Ethereum Top Signal Is Yet To Appear This Cycle Read More »

Bitwise CIO Bullish On Spot Ethereum ETFs: Envisions $15 Billion Inflows

Ethereum

In a significant development for the cryptocurrency market, asset managers are eagerly preparing for the launch of new spot Ethereum ETFs, pending approval from the US Securities and Exchange Commission (SEC).  Bitwise Chief Investment Officer (CIO) Matt Hougan has weighed in on the potential of these ETFs, predicting substantial inflows into the regulated market within…

Bitwise CIO Bullish On Spot Ethereum ETFs: Envisions $15 Billion Inflows Read More »

Ethereum Set For $5,000? ETH Open Interest Expanding On CME Ahead Of Spot ETFs Trading

Ethereum

Ethereum is tracking lower when writing, sinking roughly 18% from March 2024 highs. Even though bears appear to be in control at spot rates, keeping the second most valuable coin below $3,700, confidence is high among analysts. ETH Futures Open Interest Rising On CME Taking to X, one of them noted that there are solid…

Ethereum Set For $5,000? ETH Open Interest Expanding On CME Ahead Of Spot ETFs Trading Read More »

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 »

Ethereum At A Crossroads: Big Move Coming After Consolidation Phase?

Ethereum

Ethereum, the second-largest cryptocurrency by market capitalization, is currently at a critical juncture as its price enters a consolidation phase. This period of price stability, marked by a narrow trading range, has left traders and investors in a state of uncertainty.  With Ethereum’s price hovering around key support and resistance levels, market participants are closely…

Ethereum At A Crossroads: Big Move Coming After Consolidation Phase? Read More »

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 »

Is Ethereum Poised For A Record Break? Top Analyst Says $5K is Coming Soon – Here’s Why

Ethereum

Prominent crypto analyst Jelle has projected Ethereum (ETH) to surge to $5,000 by the end of this year. This prediction comes with a notable reason from a technical perspective. Ethereum Rally: Setting the Stage For New Peaks Jelle’s forecast comes after Ethereum is experiencing a form of stabilization above the $3,500 mark, following a correction…

Is Ethereum Poised For A Record Break? Top Analyst Says $5K is Coming Soon – Here’s Why 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 »

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