Following a significant downturn earlier in the week, Ethereum (ETH) has managed to stage a recovery and reclaim the crucial $2,600 level. The recent crash on August 5 brought Ethereum’s price down to $2,112, marking the largest market slump of the year. Despite this, the digital asset has since bounced back, showing an 8% increase
Ethereum
The latest data from CoinShares has revealed a notable comeback in the crypto market, with digital asset investment products seeing $176 million in inflows. According to James Butterfill, head of research at CoinShares, this surge in investor confidence signals a strong, “unanimous” positive sentiment, particularly towards Ethereum-based funds. Ethereum products have distinctly stood out, attracting
Opeyemi is not your average writer. His passion lies in the intricate realms of the cryptocurrency market, a space he stumbled upon over two years ago. What started as a mere curiosity has now blossomed into a deep-seated fascination for blockchain technology and the ever-evolving trends in the world of digital assets. Unlike most writers,
The ongoing debate between Ethereum (ETH) and Solana (SOL) has been fueled by a crypto analyst’s recent evaluation of both cryptocurrencies. Peter Brandt, a renowned crypto trader and analyst, has shed light on the fundamental characteristics, strengths, and weaknesses of Ethereum and Solana. Through his analysis, Brandt has identified a clear winner in the competition
Dalmas Ngetich, a seasoned crypto reporter, has been making waves in the industry with his unique perspective and expertise. With a background in mechanical engineering and over a decade of experience in journalism, Dalmas has crafted over 10,000 news and feature articles in various topics ranging from technology to finance. His specialization in NFTs, blockchain,
Ronaldo, a seasoned crypto enthusiast, has spent over five years immersing himself in the dynamic world of cryptocurrencies. What started as a spark of curiosity quickly transformed into a deep passion for understanding the intricate workings of this revolutionary technology. His dedication to research and unwavering commitment to staying up-to-date with the latest developments have
In the past 24 hours, the cryptocurrency market has experienced a massive sell-off, shaking investors to their core. The two leading digital assets, Bitcoin (BTC) and Ethereum (ETH), have both seen their values plummet by over 20%. This sudden drop has left many wondering about the stability and future of the digital currency market. At
John is a dedicated writer with a strong passion for the cryptocurrency industry. Despite not initially choosing this path, he has become deeply engrossed in the world of digital assets for over two years. His commitment to unraveling the complexities of blockchain technology and sharing insights on the latest trends in cryptocurrencies is unparalleled. John
Recently, two market experts have made bold predictions regarding the future price of Ethereum, with one expert even suggesting that the second-largest cryptocurrency could skyrocket to $100,000. These predictions go against conventional expectations but are aligned with some forecasts made by major financial institutions. Ethereum maximalist, Adriano Feria, made headlines by predicting that Ethereum could
In a recent interview, pseudonymous trader and analyst Roman made a bold prediction regarding the future of the ETH price, advising investors to lower their short-term expectations. Roman expressed his belief that Ethereum may not perform well in the upcoming months due to Bitcoin dominating the market and altcoins trading sideways. He indicated that a
Samuel Edyme, also known by his nickname HIM-buktu, is not your typical web3 content writer. His journey into the realm of crypto was far from conventional, starting with a Ponzi scheme that led him down a path of self-discovery and resilience. Despite facing setbacks and challenges, Edyme emerged as a seasoned trader and insightful market
Cryptocurrency enthusiasts have been closely monitoring Ethereum, the second-largest cryptocurrency by market capitalization, as it begins to show signs of a bullish trajectory. According to insights from CoinSignals, a leading crypto analysis platform, Ethereum is on track for a substantial price rally. The platform suggests that Ethereum could potentially reach a price range between $12,000
Semilore Faleti’s journey in the world of cryptocurrency writing began with a broad spectrum of topics, but he quickly discovered his passion for unraveling the complexities of blockchains and digital assets. His dedication to understanding the efficiency of cryptocurrencies in storing and transferring value drove him towards becoming a staunch advocate for their adoption. Over
Following the launch of the Spot Ethereum ETFs, the price of Ethereum has been facing unexpected struggles. Despite the initial excitement surrounding the ETF launch, the second-largest cryptocurrency by market cap has seen a decline in value, losing around 10% since the trading began on Tuesday, July 23. This decline may continue, according to an
In recent weeks, Ethereum whales have been actively accumulating ETH despite a decline in its price. Data from market intelligence platform IntoTheBlock reveals that these large investors bought nearly a billion dollars worth of ETH on July 24 alone. This surge in buying activity by whales indicates a strong bullish sentiment towards Ethereum, even as
Ethereum ETFs have made their debut in the market, signaling a significant milestone for Ethereum and other altcoins. With this development, industry experts and enthusiasts are eagerly anticipating the effects on Ethereum’s price action in the upcoming months. Renowned crypto analyst Doctor Profit has put forth a bold prediction regarding Ethereum’s value. He believes that
A recent report from CoinShares revealed that Ethereum (ETH) experienced a surge in inflows last week, overtaking Solana’s (SOL) inflows for the year 2024. This coincides with the upcoming launch of exchange-traded funds (ETFs) that will enable regulated investment in the US for the second-largest cryptocurrency by market capitalization. Strong Momentum for Ethereum The report
The Chicago Board Options Exchange (CBOE) has provided clarity on the official launch date for Spot Ethereum ETFs in the crypto market. The announcement of five Spot ETH ETFs set to commence trading on July 23, 2024, has generated significant interest and anticipation among investors and analysts alike. Previously, there were speculations about the potential
The recent surge in Ethereum derivatives volume indicates that investors have little confidence in the upcoming launch of Spot Ethereum ETFs. Despite expectations of a price rally for the second-largest crypto asset, data from Laevitas shows that Ethereum’s fixed-month contracts have an annualized premium of only 11%. This lack of bullishness is further highlighted by
The launch of spot Ethereum ETFs has been highly anticipated by investors, with Chief Investment Officer of Bitwise, Matt Hougan, predicting that these inflows could drive the Ethereum price to new record highs. In his recent client note, Hougan emphasized the significant impact that ETF flows could have on the price of Ethereum, surpassing even
Ethereum (ETH) has seen a surge in price in the last 24 hours following the announcement of the imminent launch of Spot Ethereum ETFs. This development has sparked optimism among investors regarding the future price trajectory of the second-largest cryptocurrency. The Spot Ethereum ETFs, set to launch by next week, are expected to bring a
The crypto analyst Linda has recently made a bold claim regarding Ethereum’s price, suggesting that it could reach $4,000. This prediction is based on the potential approval of the Spot Ethereum ETFs. While Linda’s analysis seems optimistic, it is important to approach such price predictions with caution. Speculation often plays a significant role in the
Recently, Justin Sun, the founder of Tron, made headlines in the cryptocurrency world with a $5 million investment in Ethereum (ETH). This investment, revealed by Spot On Chain, an AI-driven on-chain analytics platform, shows that Sun purchased 1,614 ETH tokens at an approximate price of $3,097 per ETH. This is part of a larger trend,
A crypto analyst going by the name ‘Bluntz’ has made a bold prediction regarding the future of Ethereum (ETH), stating that the cryptocurrency could potentially reach an all-time high of $8,000 in the near future. However, achieving this ambitious price target will require Ethereum to fulfill specific key conditions as outlined by the analyst. Bluntz
An Ethereum whale has recently sparked concern within the community with a significant transaction indicating a possible intent to sell off their holdings. The transfer of 11,215 ETH ($34.3 million) to Coinbase has raised alarms, as such a move by a trader of this magnitude could have a substantial impact on Ethereum’s price. The potential
Cryptocurrency journalism has seen a rise in the past few years with individuals like Semilore Faleti leading the way. As a specialized writer in the field, Semilore has shown a deep understanding of the complexities and intricacies of blockchains and digital assets. His dedication to educating and informing his audience sets him apart in the
The recent downturn in the cryptocurrency market has sparked concern among investors, especially for Ethereum, which has seen a notable drop in value. Notably, economist Peter Schiff has made a bold prediction, suggesting that Ethereum could plummet to as low as $1,500. This forecast comes at a time when Ethereum is struggling to maintain its