Category Archives: Ethereum News

Ethereum ETFs See Largest Outflows Since July: Is Waning Institutional Demand Hurting ETH?

Posted on by — No Comments ↓

Ethereum (ETH) exchange-traded funds (ETFs) posted the largest outflows since July 2024, with $79.2 million leaving the market on Monday, according to data from SoSoValue. Ethereum ETFs Continue To Underperform Despite the highly-anticipated and strong start for Ethereum ETFs in July 2024, the latest crypto-based ETFs have, thus far, failed to sustain institutional interest. The… Continue reading Ethereum ETFs See Largest Outflows Since July: Is Waning Institutional Demand Hurting ETH?→

Ethereum Poised For A Comeback Following Interest Rate Cut: Steno Research

Posted on by — No Comments ↓

According to Steno Research, Ethereum’s (ETH) days of underperformance against the wider crypto market might be numbered following the US Federal Reserve’s (Fed) decision to cut interest rates. It’s Time For Ethereum To Shine Again Regarding price appreciation, ETH hasn’t had a particularly impressive 2024. While Bitcoin (BTC) and altcoins like Solana (SOL) and Tron… Continue reading Ethereum Poised For A Comeback Following Interest Rate Cut: Steno Research→

Bitwise CIO Calls Ethereum The ‘Microsoft Of Blockchains’, Can ETH Make A Comeback?

Posted on by — No Comments ↓

Bitwise Chief Investment Officer Matt Hougan dubbed Ethereum (ETH) the ‘Microsoft of blockchains’, adding that none of the smart contract platform’s challenges are existential. Ethereum Has Challenges, But None Of Them Are Existential In a recent memo titled ‘A Contrarian Bet on Ethereum’, Hougan highlighted the tumbling ETH/BTC trading pair, indicating the weakening Ethereum price… Continue reading Bitwise CIO Calls Ethereum The ‘Microsoft Of Blockchains’, Can ETH Make A Comeback?→

Ethereum Spot ETF Hype: ETH Whale Activity 64% More Than BTC

Posted on by — No Comments ↓

On-chain data shows whale activity on the Ethereum blockchain has been quite high recently due to the excitement around the spot exchange-traded funds (ETFs). Ethereum Whales Showing Significantly Higher Activity Than Bitcoin Ones According to data from the on-chain analytics firm Whale Transaction Count,” which keeps track of the total amount of transfers happening on… Continue reading Ethereum Spot ETF Hype: ETH Whale Activity 64% More Than BTC→

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

Posted on by — No Comments ↓

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… Continue reading Trading Guru Sees Bullish Future for Ethereum, Targets $5,600 in Latest Analysis→

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

Posted on by — No Comments ↓

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… Continue reading Is Ethereum About To Take Off? Analysts Weigh In Amid ETF Approval Date Rumors→

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

Posted on by — No Comments ↓

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

Ethereum Investors Take On Sky-High Leverage: Brace For Volatile Storm?

Posted on by — No Comments ↓

Data shows the investors in the Ethereum derivatives market have been taking on very high leverage recently, something that could lead to volatility for the asset. Ethereum Estimated Leverage Ratio Has Been At Extreme Levels Recently As pointed out by an analyst in a CryptoQuant Quicktake Estimated Leverage Ratio” (ELR) refers to an indicator that… Continue reading Ethereum Investors Take On Sky-High Leverage: Brace For Volatile Storm?→

DeFiance Capital Foresees ETH Soaring To $4,500 Pre-Ethereum ETF Trading

Posted on by — No Comments ↓

As the US Securities and Exchange Commission (SEC) approved all the spot Ethereum ETF applications, despite increased regulatory uncertainty surrounding the cryptocurrency, investors are becoming more optimistic about the potential for ETH’s price to reach new heights.  Bullish Sentiment Surrounds Ethereum ETF Approval  DeFiance Capital Founder and CIO Arthur Cheong predicts that ETH could reach… Continue reading DeFiance Capital Foresees ETH Soaring To $4,500 Pre-Ethereum ETF Trading→