Tag Archives: Ether

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

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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… Continue reading 3 Reasons To Invest In Ethereum, 1 To Stay Bitcoin-Only: Bitwise CIO→

Double-Whammy For Ethereum: Price Collapses, Exchange Supply Dries Up

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The winds of change are blowing through the Ethereum (ETH) ecosystem. Despite tentative signs of recovery after recent dips, the price has struggled to stay afloat in the last 30 days. Additionally, a more intriguing trend has emerged: a mass exodus of ETH from cryptocurrency exchanges. This movement, marked by declining exchange supply and net… Continue reading Double-Whammy For Ethereum: Price Collapses, Exchange Supply Dries Up→

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

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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… Continue reading Ethereum Longs Crushed! Who Got Burned In The $62 Million Fire Sale?→

Blood In The Water? Ethereum Whales Circle As Price Drops

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Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, has created a perplexing scenario for investors recently. Despite a noticeable decline in its price, on-chain data reveals that large investors, often referred to as “whales,” are accumulating ETH. This could signal a potential buying opportunity, though technical indicators suggest a weakening uptrend, leaving Ethereum’s near-term… Continue reading Blood In The Water? Ethereum Whales Circle As Price Drops→

Ethereum (ETH) Set For ‘Glorious Year,’ Analyst Eyes $10,000 Target

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Ethereum (ETH) saw a significant upswing at the end of May due to the rumors of a spot ETH ETF (Exchange-Traded Funds) approval in the US. This bullish momentum propelled the token’s price from the $3,000 price range to the $3,900 mark. After the approval, the second-largest cryptocurrency has shown a strong performance, consolidating between… Continue reading Ethereum (ETH) Set For ‘Glorious Year,’ Analyst Eyes $10,000 Target→

Is This The Ethereum Endgame? Investors Pull $3 Billion From Exchanges

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The winds of change are blowing through the Ethereum ecosystem. Since the long-awaited approval of spot Ether ETFs in the US on May 23rd, a quiet exodus of Ether has been underway. A massive amount of the world’s second-largest cryptocurrency, or around $3 billion, has vanished from centralized exchanges, marking the lowest level of Ether… Continue reading Is This The Ethereum Endgame? Investors Pull $3 Billion From Exchanges→

Ethereum Bloodbath: Over $55 Million In Longs Liquidated As Price Plummets

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The recent price action of Ethereum has not been so much of a breeze. The second-largest cryptocurrency by market cap experienced a surge that nearly reached its all-time high, only to be met with a sharp reversal, leaving long traders licking their wounds. Bulls Take A Hit, But Sentiment Remains Positive The past few days… Continue reading Ethereum Bloodbath: Over $55 Million In Longs Liquidated As Price Plummets→

Are Whales Sniffing Out A Deal? Ethereum Holdings Balloon To 30% – Details

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The past few months have seen Ethereum whales, the cryptocurrency world’s Goliaths, flexing their financial muscles. According to a recent report by Santiment, on-chain data reveals a surge in whale activity, possibly fueled by the green light for spot Ethereum exchange-traded funds (ETFs) from the US Securities and Exchange Commission (SEC). This heightened involvement from… Continue reading Are Whales Sniffing Out A Deal? Ethereum Holdings Balloon To 30% – Details→

Research Firm Projects Ethereum Explosion To $15,000 With ETF Inflows

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Michael Nadeau, founder of The DeFi Report, has regulatory nod from the US Securities and Exchange Commission (SEC), which approved the 19b-4 applications for eight leading financial entities — Grayscale, Bitwise, BlackRock, VanEck, Ark 21Shares, Invesco, Fidelity, and Franklin. These approvals, granted under a collective omnibus order on May 23, set the stage for the… Continue reading Research Firm Projects Ethereum Explosion To $15,000 With ETF Inflows→

When Spot Ethereum ETFs Go Live ‘Expect A Bloodbath’, Says Expert

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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… Continue reading When Spot Ethereum ETFs Go Live ‘Expect A Bloodbath’, Says Expert→