Tag Archives: ethusd

Why Is ETH Price Struggling Despite The Spot Ethereum ETFs Launch?

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Post the Spot Ethereum ETFs launch, the ETH price has continued to struggle unexpectedly, proving that the launch of the Spot ETFs were a ‘sell the news’ event. So far, the second-largest cryptocurrency by market cap has lost around 10% of its value since the Spot Ethereum ETFs trading began on Tuesday, July 23, and… Continue reading Why Is ETH Price Struggling Despite The Spot Ethereum ETFs Launch?→

Ethereum Targets Recovery: Can It Mirror Bitcoin’s Performance?

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Ethereum price extended losses and tested the $3,080 support zone. ETH is recovering and might aim for a test of the $3,350 resistance zone. Ethereum tested $3,080 and started a recovery wave. The price is trading below $3,350 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with… Continue reading Ethereum Targets Recovery: Can It Mirror Bitcoin’s Performance?→

Ethereum Whales Rapidly Accumulate ETH Amid Price Decline

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ETH’s price, with history suggesting that the crypto token might suffer more price declines in the short term.  Whales Accumulate More ETH Data from the market intelligence platform whales’ addresses in the last seven days.   The decline in outflows from these addresses further highlights these investors’ bullish sentiment towards Ethereum despite its underperformance. Outflows from… Continue reading Ethereum Whales Rapidly Accumulate ETH Amid Price Decline→

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

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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→

Ethereum Price Drops 8%: What’s Next for the Altcoin Giant?

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Ethereum price started a major decline from the $3,500 resistance zone. ETH is down over 8% and might continue to decline toward the $3,120 support. Ethereum is gaining bearish pace from the $3,500 resistance zone. The price is trading below $3,400 and the 100-hourly Simple Moving Average. There was a break below a key declining… Continue reading Ethereum Price Drops 8%: What’s Next for the Altcoin Giant?→

Ethereum ETFs Debut: BlackRock Reigns With $260M Inflows, Grayscale Bleeds

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Nine spot Ethereum ETFs commenced trading on the US stock market on Tuesday, marking a pivotal moment for the crypto industry following the Securities and Exchange Commission’s (SEC) green light on Monday. Ethereum ETFs See $1B In Trading Volume On Debut James Seyffart, a senior ETF analyst at Bloomberg, described the Monday ETF launch as… Continue reading Ethereum ETFs Debut: BlackRock Reigns With $260M Inflows, Grayscale Bleeds→

Forget $10,000, Crypto Analyst Says Spot Ethereum ETFs Will Drive ETH To $14,000

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The long-awaited Ethereum ETFs have finally hit the market, marking a significant milestone for Ethereum and other altcoins. Industry experts and enthusiasts are looking at how the effects could play out on Ethereum’s price action in the coming months.  Renowned crypto analyst Doctor Profit has made a bold prediction. According to him, Ethereum’s value is… Continue reading Forget $10,000, Crypto Analyst Says Spot Ethereum ETFs Will Drive ETH To $14,000→

Ethereum In A Holding Pattern: Will It Break Out To Higher Levels?

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Ethereum price failed to continue higher above the $3,500 resistance zone. ETH corrected gains and is now trading in a range above the $3,400 level. Ethereum is consolidating below the $3,500 resistance zone. The price is trading below $3,480 and the 100-hourly Simple Moving Average. There is a key declining channel forming with resistance at… Continue reading Ethereum In A Holding Pattern: Will It Break Out To Higher Levels?→

Ethereum ETFs Witness Stellar Start As Trading Soars; Analyst Sees ETH’s Price Reaching $8,000 In Q4

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Ethereum ETFs (exchange-traded funds) began trading on Tuesday, generating significant volume within the first 2 hours of trading. Interestingly, the Ethereum ETFs ranked among the top 1% regarding ETF volume.  Ethereum ETFs Surpass Traditional Launch Volumes According to Bloomberg ETF expert Eric Balchunas, the ETH ETFs traded $361 million in the first 90 minutes on… Continue reading Ethereum ETFs Witness Stellar Start As Trading Soars; Analyst Sees ETH’s Price Reaching $8,000 In Q4→

Ethereum Eclipses Solana In 2024 Inflows Amid Hype For Upcoming ETF Launch

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According to a recent report from CoinShares, Ethereum (ETH) saw an uptick in inflows last week, surpassing Solana’s (SOL) inflows for 2024, coinciding with the impending launch of exchange-traded funds (ETFs) that will allow regulated investment in the US for the second-largest cryptocurrency by market capitalization.  ETH Dominates Inflows The report highlights Ethereum’s strong momentum… Continue reading Ethereum Eclipses Solana In 2024 Inflows Amid Hype For Upcoming ETF Launch→