Tag Archives: ethusd

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

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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 Price Steadies: Strong Support Hints at Exciting Upside Potential

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Ethereum price extended its decline and tested the $3,700 support. ETH is now consolidating and eyeing a fresh increase above $3,840. Ethereum extended its decline and tested the $3,700 zone. The price is trading near $3,800 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support near $3,760 on… Continue reading Ethereum Price Steadies: Strong Support Hints at Exciting Upside Potential→

Ethereum Spot ETF: Franklin Templeton Launches Fee War With 0.19% Offer

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Following the abrupt approval of the Ethereum Spot ETFs by the US Securities and Exchange Commission (SEC), several prospective issuers have now filed amended versions of their S-1 forms. This development follows an initial directive from the commission that necessitated all asset managers vying to launch an Ether Spot ETF  to submit their draft S-1… Continue reading Ethereum Spot ETF: Franklin Templeton Launches Fee War With 0.19% Offer→

Ethereum Investors Take On Sky-High Leverage: Brace For Volatile Storm?

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Data shows the investors in the Ethereum derivatives market have been taking on very high leverage recently, something that could lead to volatility for the asset. Ethereum Estimated Leverage Ratio Has Been At Extreme Levels Recently As pointed out by an analyst in a CryptoQuant Quicktake Estimated Leverage Ratio” (ELR) refers to an indicator that… Continue reading Ethereum Investors Take On Sky-High Leverage: Brace For Volatile Storm?→

Ethereum Bloodbath: Over $55 Million In Longs Liquidated As Price Plummets

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The recent price action of Ethereum has not been so much of a breeze. The second-largest cryptocurrency by market cap experienced a surge that nearly reached its all-time high, only to be met with a sharp reversal, leaving long traders licking their wounds. Bulls Take A Hit, But Sentiment Remains Positive The past few days… Continue reading Ethereum Bloodbath: Over $55 Million In Longs Liquidated As Price Plummets→

Ethereum Faces an Uphill Battle: Can It Overcome the Challenges?

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Ethereum price extended its decline and tested the $3,720 support. ETH is now consolidating and facing many hurdles near the $3,800 level. Ethereum extended its decline and tested the $3,720 zone. The price is trading below $3,820 and the 100-hourly Simple Moving Average. There is a new bearish trend line forming with resistance at $3,810… Continue reading Ethereum Faces an Uphill Battle: Can It Overcome the Challenges?→

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?→

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→