Tag Archives: Ethereum

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

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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?→

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→

Ethereum Dips Further: Will the Slide Stop or Is ETH on a Rollercoaster?

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Ethereum price extended its downside correction below the $3,800 support. ETH is now approaching the $3,720 support and might aim for a fresh increase. Ethereum extended its decline after it failed to stay above the $3,880 zone. The price is trading below $3,880 and the 100-hourly Simple Moving Average. There is a key bearish trend… Continue reading Ethereum Dips Further: Will the Slide Stop or Is ETH on a Rollercoaster?→

WIF Traders Raking Millions As Analyst Backs Meme Coins To Spearhead Crypto Rally

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Andrew Kang of Mechanism Capital, a crypto venture fund, thinks meme coins have evolved and shouldn’t be considered lowly. In a post on X, Kang argues that meme coins are no longer a “last resort” investment but an emerging sector constantly attracting millions of investors. Investors Should Change Strategy? If anything, the analyst thinks, top… Continue reading WIF Traders Raking Millions As Analyst Backs Meme Coins To Spearhead Crypto Rally→

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→

Can Ethereum Price Maintain This Support and Spark a New Increase?

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Ethereum price started a downside correction below the $3,880 support. ETH is now testing the $3,760 support and might aim for a fresh increase. Ethereum started another downside correction below the $3,880 zone. The price is trading above $3,750 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance… Continue reading Can Ethereum Price Maintain This Support and Spark a New Increase?→

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

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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→

Chainlink’s Performance Crucial For Altcoin Market, Analyst Suggests Rally Ahead

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Chainlink (LINK) has recently been identified as a significant influencer within the altcoin sector. Noted by crypto analyst Michaël van de Poppe, LINK’s market movements are increasingly seen as a barometer for the broader altcoin ecosystem. This observation places Chainlink at the center of potential market trends, suggesting that its performance could presage movements across… Continue reading Chainlink’s Performance Crucial For Altcoin Market, Analyst Suggests Rally Ahead→

Ethereum Deposits At 4-Month High: Whales Preparing For Selloff?

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On-chain data shows that the Ethereum exchange netflow recently spiked significantly, a sign that could be bearish for the cryptocurrency’s price. Ethereum Exchange Netflow Registered A Large Positive Spike Recently In a new post on X, the market intelligence platform IntoTheBlock has discussed about the latest trend that has been occurring in the exchange netflow… Continue reading Ethereum Deposits At 4-Month High: Whales Preparing For Selloff?→

While Ethereum Shines, Top Analyst Reveals His Best ‘Under-Radar’ Altcoin

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In a recent post on X, renowned crypto analyst Alex Wacy outlined his perspectives on the current state of the crypto market and his top pick for an “under-the-radar” altcoin following the recent price surge of Ethereum. Despite its position as the 9th largest cryptocurrency by market capitalization, Wacy remains bullish on the potential of… Continue reading While Ethereum Shines, Top Analyst Reveals His Best ‘Under-Radar’ Altcoin→