Tag Archives: ethusd

VC Firm Paradigm Secures $850 Million For Crypto Projects In Latest Fundraise

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Venture capital firm Paradigm has reportedly raised $850 million for its third fund, supporting early-stage cryptocurrency initiatives led by Coinbase co-founder Fred Ehrsam and ex-Sequoia Capital partner Matt Huang.  Increased Venture Capital Interest In The Industry Paradigm’s previous investments include prominent projects like decentralized exchange (DEX) Uniswap and Optimism, a scaling solution for the Ethereum… Continue reading VC Firm Paradigm Secures $850 Million For Crypto Projects In Latest Fundraise→

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?→

Ethereum Price Slippery Slope: More Downside Risks in Sight

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Ethereum price failed to clear the $3,650 resistance. ETH declined again after the Fed decision and now shows bearish signs below the $3,550 level. Ethereum started a fresh decline below the $3,580 support zone. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with… Continue reading Ethereum Price Slippery Slope: More Downside Risks in Sight→

Bullish News: Top Analyst Forecasts Altcoin Bottom Today, Market Poised For Upswing – Here’s Why

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In a recent social media post, renowned crypto analyst Michael Van de Poppe shared his predictions regarding the potential bottoming out of the altcoin market.  Van de Poppe emphasized the significance of key economic data and the upcoming interest rate decisions from the Federal Open Market Committee (FOMC), highlighting their potential impact on the crypto… Continue reading Bullish News: Top Analyst Forecasts Altcoin Bottom Today, Market Poised For Upswing – Here’s Why→

Ethereum Price Slips: Slow Descent as Market Pressure Mounts

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Ethereum price failed to recover above the $3,650 resistance. ETH declined again below the $3,550 level and now shows bearish signs below $3,600. Ethereum started a fresh decline below the $3,550 support zone. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance… Continue reading Ethereum Price Slips: Slow Descent as Market Pressure Mounts→

Ethereum Buying Pressure Reaches Critical Level Amid Massive Whale Buying

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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→

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→

$2 Billion Crypto Funds Flow Into Market On Rate Cut Buzz

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The cryptocurrency market is buzzing with renewed optimism as investment funds witness a historic inflow surge. CoinShares, a leading digital asset manager, reported a record-breaking $2 billion influx into crypto funds in just one week, surpassing the entire month of May’s net inflows. This positive trend, now spanning five consecutive weeks, has propelled total assets… Continue reading $2 Billion Crypto Funds Flow Into Market On Rate Cut Buzz→

Ethereum Price Downward Drift: Decline Resumes Again

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Ethereum price failed to clear the $3,720 resistance. ETH declined again and is now at risk of more losses below the $3,550 support zone. Ethereum started a fresh decline from the $3,720 resistance zone. The price is trading below $3,650 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with… Continue reading Ethereum Price Downward Drift: Decline Resumes Again→

Ethereum Inflows Soar: Record Week With $69M As ETFs Near Trading Launch, What’s Next?

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Following the recent price spike that brought Ethereum (ETH) close to the $4,000 mark, the second-largest cryptocurrency has experienced inflows and renewed market enthusiasm. This comes in response to the US Securities and Exchange Commission’s (SEC) approval of Ethereum ETF applications by major asset managers. Best Week For Ethereum Since March  According to a report… Continue reading Ethereum Inflows Soar: Record Week With $69M As ETFs Near Trading Launch, What’s Next?→