Big investors in Ethereum, known as whales, are snapping up ETH like crazy. This is happening even though the price of ETH has been dropping lately. Whales are Loading Up Data shows that whales bought a whopping $1 billion worth of ETH on July 24th alone. That’s on top of the almost $400 million they…
Ethereum’s price is holding steady, even after the big news of spot Ethereum ETFs being approved in the US. It’s trading just below key resistance levels of $3,500 and $3,700, but buyers are keeping it above $3,300. While there’s a chance for some price swings, things are looking pretty stable for now. Whales are making…
With Ethereum ETFs finally hitting the market, everyone’s wondering what this means for the price of ETH. One crypto analyst, Doctor Profit, is making some bold predictions. Ethereum ETFs: The Big Catalyst? Doctor Profit believes that Ethereum ETFs are going to be a huge catalyst for ETH’s price, potentially pushing it past $10,000 and even…
Ethereum is on a roll! Last week, it saw more money flowing in than Solana, a popular cryptocurrency. This surge in interest comes just before the launch of Ethereum exchange-traded funds (ETFs) in the US. These ETFs will allow regular investors to buy Ethereum through their brokerage accounts, making it easier than ever to invest…
Ethereum has been on a wild ride lately. After dipping to around $2,800 earlier this month, it’s now back on the rise, gaining over 24%. But while buyers are hoping for a surge past $3,700, there’s a big obstacle in the way. The $3,500 Wall Data shows that Ethereum faces strong resistance at $3,500. A…
The wait is over! The Chicago Board Options Exchange (CBOE) has officially confirmed the launch date for Spot Ethereum ETFs, and they’re hitting the market on July 23rd. A Long Time Coming This launch has been a long time coming, with analysts predicting a July 2nd start date. However, some delays pushed the launch back…
Despite the recent approval of Spot Ethereum ETFs, which are expected to launch next week, Ethereum derivatives volume hasn’t seen a significant jump. This suggests that investors aren’t overly confident about a major price surge for ETH. Low Confidence in ETH’s Price Data shows that Ethereum futures contracts are currently trading at a premium of…
Ethereum ETFs are coming, and some experts believe they could send the price of ETH soaring. Matt Hougan, Chief Investment Officer of Bitwise, a crypto asset manager, is predicting that the launch of spot Ethereum ETFs will push ETH to record highs, potentially even surpassing $5,000. Why is Hougan so bullish on Ethereum ETFs? He…
Ethereum (ETH) is on fire lately, and it’s all thanks to the upcoming launch of Spot Ethereum ETFs. These funds are basically like mutual funds that let people invest in Ethereum without actually buying the cryptocurrency directly. The Big News: ETFs Are Coming! A Bloomberg analyst, Eric Balchunas, dropped a bombshell on Twitter (now X)…
Ethereum is looking good! Crypto analyst Linda thinks the second-largest cryptocurrency could reach a whopping $4,000. She’s not alone in this prediction, with other analysts like Michael van de Poppe sharing the same bullish sentiment. Why the Hype? Spot Ethereum ETFs are the main reason for this excitement. These funds, which allow investors to buy…
