Ethereum
As visible from their daily chart performances, Bitcoin, Ethereum, and other top altcoins are not free from bearish pressures. Bitcoin and Ethereum, despite being the most liquid, are still down double digits in the past trading week. As bulls push higher, traders closely monitor how prices will react at immediate liquidation zones. Institutions Choosing Ethereum…
A crypto analyst has pointed out a notable divergence in the performance of Bitcoin (BTC) and Ethereum (ETH). The analyst has noted signs of weakness in Ethereum compared to Bitcoin, predicting that BTC is likely to experience a faster recovery than ETH. Technical Analysis Highlights BTC’s Strong Recovery In an X (formerly Twitter) post on…
Over the weekend, Ethereum, the second largest digital asset, took a hit as its price fell significantly, triggering broader negative sentiment around the crypto asset and the factors that could be responsible for the dip. Delving into the matter, popular crypto analyst and trader Michael Van De Poppe has offered insights on the recent price…
According to Bloomberg, a wallet linked to a major cryptocurrency heist two years ago swapped $39.75 million worth of the stablecoin DAI to scoop up 16,892 Ethereum (ETH) as the second-largest cryptocurrency plummeted by as much as 23% on Monday. Crypto Hacker Exploits Ethereum Crash Per the report, the hacker behind the 2022 attack on…
The Ethereum price performance has been a major source of concern for investors over the past few weeks, persisting in a downward trend. What makes the token’s struggles even more worrying is that it has not shown any signs of relief despite the recent launch of spot ETH ETFs (exchange-traded funds) in the United States….
Ethereum has been experiencing a prolonged period of bearish price action. The altcoin has been relatively quiet, with its price declining, leaving many investors and traders feeling uncertain. However, a notable bullish proponent continues behind the scenes, indicating a potential shift in market dynamics. In the last few days, on-chain data has revealed a significant…
Ethereum whales also known as major investors are gradually returning to the market following recent positive developments around ETH, which demonstrates renewed optimism among institutional and retail investors around the crypto asset. Current data shows that the whales have amassed 426,000 ETH in light of rising excitement over the introduction of spot Ethereum Exchange-Traded Funds…
The Spot Ethereum ETFs haven’t exactly gotten off to the perfect start, with these funds experiencing mixed flows in their first three days of trading. Crypto research firm 10x Research has provided some answers as to why institutional investors aren’t so enthusiastic about these funds. Wall Street Doesn’t Fully Understand What ETH Is About 10x…
Popular crypto analyst and enthusiast, Doctor Profit has boldly predicted that Ethereum would see a huge parabolic move following the spot ETH ETFs launch before the year closes, which has garnered the interest of the cryptocurrency space. Ethereum Poised Major Price Rally Post-Spot ETH ETFs In the post on the X (formerly Twitter) platform, Doctor…
There have been many discussions and opinions about how much the Spot Ethereum ETFs will affect the ETH price. Crypto analyst and trader Raman has also joined the conversation and revealed how these funds provide upside catalysts for Ethereum. How The Spot Ethereum ETFs Provide A Bullish Setup For ETH Price While alluding to the…
