VanEck Revises Ethereum Prediction To Put Price At $22,000, Here’s Why

Ethereum (ETH), revealing what price it believes the second-largest crypto token could reach by 2030. The firm also did well to outline what could drive Ethereum’s price to this revised price.  Ethereum To Reach $22,000 By 2030 In a recent blog post, VanEck predicted that Ethereum could reach $22,000 by 2030. Before now, the asset… Continue reading VanEck Revises Ethereum Prediction To Put Price At $22,000, Here’s Why

Bitcoin, Ethereum, Solana Over 150% Annual Gains Leave The Stock Market, Gold In The Dust

Despite the relative tepid movement in the crypto market since Bitcoin hit a new all-time high (ATH) in March, Bitcoin, Ethereum, and Solana have continued to top traditional assets, including Gold. This was highlighted in a recent report that showed how crypto assets have provided the best returns for a while now.  Bitcoin, Ethereum, And… Continue reading Bitcoin, Ethereum, Solana Over 150% Annual Gains Leave The Stock Market, Gold In The Dust

Bitcoin, Ethereum On Exchanges Drop To New Lows, What A Supply Squeeze Would Mean For The Market

Recent data shows that the supply of Bitcoin (BTC) and Ethereum (ETH) on exchanges has dropped significantly. This means the largest crypto tokens by market cap could be well-primed for significant moves to the upside, with a supply squeeze imminent.  Supply Of Bitcoin And Ethereum Drop To New Lows BTC ECHO analyst Leon Waidmann shared… Continue reading Bitcoin, Ethereum On Exchanges Drop To New Lows, What A Supply Squeeze Would Mean For The Market

Ethereum Hovering Above $3,700 As Mega Whales Accumulate: $4,900 Incoming?

At spot rates, Ethereum prices have been edging lower, recently even retesting the immediate support at $3,700. Even though the coin is still hovering around this level, optimism is high that it will spike higher in the coming days. Ethereum Whales Are Now Accumulating Cementing this outlook, one analyst, citing on-chain events, notes that a… Continue reading Ethereum Hovering Above $3,700 As Mega Whales Accumulate: $4,900 Incoming?

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

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

Ethereum Spot ETFs: Report Shows Grayscale Could Keep ETH Price Down With $110M Daily Outflows

A recent market report by research firm Kaiko noted how Grayscale’s Spot Ethereum ETF could have a negative impact on Ethereum’s (ETH) price. This is based on the firm’s expectations that Grayscale’s Ethereum Trust (ETHE) could follow a similar path to Grayscale’s Bitcoin Trust (GBTC). Ethereum Could Face Significant Selling Pressure From Grayscale’s Outflows Kaiko… Continue reading Ethereum Spot ETFs: Report Shows Grayscale Could Keep ETH Price Down With $110M Daily Outflows

ETH/BTC Bounces From A 7-Year Support Trend Line: Ethereum To $4,900?

After a crucial week for Ethereum, a technical candlestick arrangement shows that ETH prices could prepare for a sharp upturn in the coming weeks and months. Pointing out events in the monthly chart, one analyst notes that the ETH/BTC ratio reverses from a multi-year support trend line. Usually, the analyst continued, when prices bounce from… Continue reading ETH/BTC Bounces From A 7-Year Support Trend Line: Ethereum To $4,900?

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

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

Post-Ethereum ETF Analysis: ETH Price Seeks Bottom As Bulls Eye $5,000 Target

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… Continue reading Post-Ethereum ETF Analysis: ETH Price Seeks Bottom As Bulls Eye $5,000 Target

Did MicroStrategy Mess Up By Choosing Bitcoin Over Ethereum? Analyst Weighs In

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… Continue reading Did MicroStrategy Mess Up By Choosing Bitcoin Over Ethereum? Analyst Weighs In