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…
Justin Sun, the founder of Tron, has been making headlines for his recent Ethereum (ETH) purchases. He’s not just dipping his toes in either; he’s splashed a whopping $5 million on the second-largest cryptocurrency. Sun’s Ethereum Spree According to on-chain analytics, Sun has been steadily accumulating ETH since February. He’s reportedly bought over 360,000 ETH…
A crypto analyst thinks Ethereum (ETH) could reach a new all-time high of $8,000, but it needs to go through some rough patches first. Ethereum’s Road to $8,000 The analyst, known as Bluntz on X (formerly Twitter), sees a big rally coming for Ethereum. But before that happens, ETH needs to hit a low point….
A big Ethereum whale moved a huge chunk of their ETH to Coinbase, causing some people to worry about a potential sell-off. Whale Watch: 11,215 ETH on the Move A whale (someone who owns a lot of cryptocurrency) transferred a whopping 11,215 ETH to Coinbase, a popular crypto exchange. This got people nervous because it’s…
Ethereum is back on the rise, climbing above $3,000 after dipping below $2,800 recently. This recovery has traders feeling optimistic, and breaking through $3,200 could be a game-changer. Two Million Addresses in the Green According to IntoTheBlock, if Ethereum surpasses $3,200, it’ll be a big win for traders. Around two million people who bought ETH…
Ethereum’s price has taken a hit, dropping by about 25% since its peak in March. While the overall market slump and Bitcoin’s price drop are likely contributing factors, some believe a specific project might be responsible for Ethereum’s woes. Golem: A Project With a Big Past and a Questionable Present Golem, an Ethereum-based project that…
Ethereum Price Drop After a market crash on Friday, Ethereum’s price plummeted by 10%. This revealed some interesting information about Justin Sun’s Ethereum investments. Justin Sun’s Ethereum Holdings According to blockchain analytics platform Spot on Chain, Sun allegedly purchased 361,000 ETH (worth $1.1 billion) over the past five months. The investments were made through three…
