Tag Archives: ethereum news

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→

Bitwise CIO Expects $15 Billion To Flow Into Spot Ethereum ETFs, How Will ETH React?

Posted on by — No Comments ↓

Bitwise’s Chief Investment Officer (CIO) Matt Hougan recently discussed the inflows the US Spot Ethereum ETFs could attract. Specifically, he stated how much could flow into these funds in their first 18 months of trading.  Spot Ethereum ETFs To Record $15 Billion In First 18 Months Of Trading Hougan mentioned in a Bitcoin and Ethereum… Continue reading Bitwise CIO Expects $15 Billion To Flow Into Spot Ethereum ETFs, How Will ETH React?→

Spot Bitcoin ETFs See 7 Consecutive Days Of Outflows, Here’s What Happened Last Time

Posted on by — No Comments ↓

Spot Bitcoin ETFs have entered another disturbing trend, recording outflows for one week straight. These outflows have coincided with the decline in the Bitcoin price, suggesting that the sell-offs may be directly linked to institutional sell-offs, as well as miner sell-offs. The funds have now completed seven consecutive days of outflows, so this report takes… Continue reading Spot Bitcoin ETFs See 7 Consecutive Days Of Outflows, Here’s What Happened Last Time→

Will Ethereum Skyrocket? Crypto Analyst Predicts $6,000 By September

Posted on by — No Comments ↓

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,… Continue reading Will Ethereum Skyrocket? Crypto Analyst Predicts $6,000 By September→

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

Posted on by — No Comments ↓

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→

Ethereum Price To Hit $10,000, ‘Just The Way The Chips Have Fallen,’ Analyst Says

Posted on by — No Comments ↓

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… Continue reading Ethereum Price To Hit $10,000, ‘Just The Way The Chips Have Fallen,’ Analyst Says→

Ethereum Foundation Moves $64.4 Million Worth Of ETH, Is This A Dump?

Posted on by — No Comments ↓

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… Continue reading Ethereum Foundation Moves $64.4 Million Worth Of ETH, Is This A Dump?→

Spot Ethereum ETFs Expected To Begin Trading On July 2, Can This Propel ETH To $10,000?

Posted on by — No Comments ↓

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… Continue reading Spot Ethereum ETFs Expected To Begin Trading On July 2, Can This Propel ETH To $10,000?→

Ethereum Withdrawals From Coinbase Top $1.2 Billion, What’s Going On?

Posted on by — No Comments ↓

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… Continue reading Ethereum Withdrawals From Coinbase Top $1.2 Billion, What’s Going On?→

Ethereum Buying Pressure Reaches Critical Level Amid Massive Whale Buying

Posted on by — No Comments ↓

Institutional investors have been accumulating Ethereum at a rapid pace after the SEC’s recent approval of Spot Ethereum ETFs. Crypto analyst Ali Martinez noted that this accumulation trend has created buying pressure that could be the much-needed catalyst for Ethereum to break above the $4,000 price mark. According to a social media post by Ali… Continue reading Ethereum Buying Pressure Reaches Critical Level Amid Massive Whale Buying→