A higher low, a crucial reversal signal that might pave the way for fresh bullish momentum, is being hinted at by the price action of XRP. When XRP was unable to break above the $2.80 resistance level, a critical area that signaled the end of its recent rally, it entered correction mode on Dec. 3.
The two biggest exchange-traded fund (ETF) issuers, BlackRock and Fidelity, bought over $500 million in Ether in the past two days. According to Arkham Intelligence X's post on Dec.
Both firms largely purchased ether through Coinbase or its institution-focused crypto services platform Prime.
More all-time highs for bitcoin, solana and ether? Continuing inflows for ETFs?
Max Resnick, a reputable Ethereum expert, has taken a bold shift to the Solana blockchain. The change follows his departure from Consensys, where he played an important role in advancing Ethereum's ecosystem.
Bitcoin's rally above $100,000 has improved sentiment, triggering a strong recovery in several altcoins.
Goldman Sachs is eyeing the Bitcoin and Ethereum markets. CEO David Solomon said the Wall Street firm is ready to “evaluate” its entry, but only if regulators clear the path.
Ethereum's recent surge past $3,200 highlights renewed investor confidence, driven by favorable economic conditions and growing demand. Polygon is also making headway by strengthening its cross-chain capabilities, enabling seamless asset integration across networks like Ethereum and Solana. But Web3 is truly taking strides in reshaping e-commerce.
Here are some of the latest ETH price forecasts coming from popular analysts.
The altcoin season could begin anytime from now as Bitcoin dominance declines. As the leading altcoin, Ethereum will usher in this season, but there are other altcoins investors should be looking to hold as they could record significant gains during this period.
The US financial regulator is soliciting comments on NYSE's application to list Bitwise's cryptocurrency index ETF.
With the New Year barely twenty days away, Tom Dunleavy, a popular crypto analyst, has predicted the possible outlook of Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) in the first year of Donald Trump's presidency. From his predictions, all three cryptocurrencies will bag more than 150% increase in the coming year.
Major crypto exchange Coinbase has announced the addition of three crypto assets to its platform, with a particular focus on the Ethereum and Solana networks. These listings include Magic Eden (ME), Turbo (TURBO) and Gigachad (GIGA), each bringing unique value to Coinbase users.
Bulls are back in control of the crypto market on Wednesday, with the Ethereum (ETH) price rallying over 4% back towards $3,800 in wake of the latest US inflation figures all but confirming that the US Federal Reserve will cut interest rates by another 25 bps later this month. The post Ethereum Price Bounces Back to $3,800 – New ATHs Coming This Month? appeared first on Cryptonews.
Amid waning market momentum, Ethereum, the second-largest digital asset, is displaying a notable downswing, falling to multiple support levels. However, with recent developments cited on its chart, the altcoin might witness a major rally that could send ETH to a new all-time high in the upcoming months.
Yesterday, Dec. 10, BlackRock's Ethereum ETF (ETHA) made a big splash, landing in the top four ETF launches of 2024, according to Nate Geraci, President of the ETF Store. With a daily net inflow of around $81.6574 million, ETHA has seen consistent growth over the past 12 days, making it a key player in the highly competitive cryptocurrency landscape.
After Bitcoin's December 10 crash altcoins took a massive hit. However, Ethereum showed strength and has already began its recovery.
Bitcoin (BTC) reported another plunge below $95,000 late on Tuesday, falling to a low of $94,435 before recovering and climbing back above $97,000. The cryptocurrency is up marginally over the past 24 hours, trading around the $97,500 mark.
On Tuesday, spot bitcoin and ethereum exchange-traded funds (ETF) attracted a notable $745.3 million in combined inflows. The two groups of funds saw steady participation, emphasizing continued investor interest in these assets. Bitcoin ETFs Lead the Pack: Cumulative Inflows Skyrocket to $34.35 Billion On Dec. 10, 2024, spot bitcoin ETFs pulled in $439.
Billionaire entrepreneur and popular television personality Mark Cuban, while known for his investments in top cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), has not shied away from parking his money in lesser-hyped coins. What happened: During an Ask Me Anything session on X back in January, the popular “shark” revealed that Polygon (CRYPTO: MATIC), now rebranded to POL, and Injective (CRYPTO: INJ) were his favorite cryptocurrency projects outside of Bitcoin and Ethereum.
Bitwise Investments has outlined an ambitious outlook for 2025, predicting Bitcoin (CRYPTO: BTC) will surpass $200,000 while Solana (CRYPTO: SOL) emerges as a major player in decentralized finance (DeFi) and meme coin ecosystems. What Happened: These forecasts, among other bold predictions, underscore the continued evolution and mainstream adoption of cryptocurrencies.
Ethereum's price recovery hits $3,700, fueled by growing institutional demand and $305 million in daily ETF inflows. Will the declining Bitcoin dominance hinting at a new altcoin season drive ETH price for a new all-time high?
Ethena Labs is going through the most rapid expansion of the USDe supply in its history, boosted by bullish crypto sentiment.
Ethereum's price has retreated from $4,000 to $3,621 amid increasing retail selling pressure on Binance, while institutional ETF demand remains strong, resulting in $234.72 million in liquidations and a $40 billion drop in market cap.
For several months, investors have been turning their attention to crypto ETH, hoping for a significant jump in its value. However, forecasts do not seem to favor the giant of smart contracts.
Will strong ETF inflows stop ETH from falling below $3.5K?
The Ethereum Foundation has unveiled the recipients of its 2022 Academic Grants, supporting research in blockchain technology and Ethereum advancements.
Ethereum has shown resilience in the face of recent market challenges, as evidenced by the consistent positive net flows into the asset's exchange-traded funds. According to data from Farside Investors, daily inflows into spot Ethereum (ETH) ETFs in the U.
The Ethereum Foundation has sold over $12.2M in ETH this year, including a recent $367K transfer. Despite this, ETH's price remains stable.
Goldman Sachs is exploring the possibility of entering the Bitcoin (BTC) and Ethereum (ETH) spot market, contingent on changes to the regulatory environment in the U.S.
Ethereum's path to $5,000 by year-end is getting more uncertain by the day despite strong ETF inflows.
Bitwise predicts record valuations for Bitcoin ($200,000-$500,000), Ethereum ($7,000), and Solana ($750) by 2025, driven by institutional adoption, ETF success, and improved regulatory conditions.
The rise of AI-driven meme coins, a $400 billion stablecoin market cap, and crypto IPOs will mark 2025's turning point.
Goldman Sachs CEO has confirmed that the investment bank is open to engaging with cryptocurrencies if the regulatory environment changes under President Donald Trump.
David Solomon says he is ready to consider cryptocurrencies, but only with a stable regulatory framework.
In a recent report, crypto exchange-traded fund (ETF) issuer and asset manager Bitwise unveiled bold predictions for Bitcoin and the broader cryptocurrency market by 2025, highlighting the significant performance of major cryptocurrencies throughout this year. A Stellar Year For Bitcoin And Major Cryptos Bitcoin reached an all-time high of $104,000 at the start of the month, marking a staggering increase of 141.72% year-to-date, driven largely by the historic launch of spot Bitcoin ETFs in the United States, which amassed $33.56 billion in assets.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, seems to be drawing attention as analysts observe market metrics that indicates the possible next move for ETH. Recent data from CryptoQuant has highlighted patterns in accumulation and exchange-traded fund (ETF) inflows, providing a detailed look at Ethereum's potential trajectory as it underperforms relative to Bitcoin in the current cycle.
Derive suggests data shows the chances of Ether reaching $5,000 by the end of the year are low, but traders seem more bullish than ever amid significant ETF inflows.
Solana price retested $220 on Dec 11, having dipped 15% during the crypto market crash on Monday. Critical SOL trading data now flashes multiple rebound signals
Goldman Sachs Group Inc. (NYSE:GS) CEO David Solomon said on Tuesday that the investment banking giant might explore becoming a spot market maker for leading cryptocurrencies if more regulatory clarity is provided. What happened: At the Reuters NEXT event, Solomon stated that the firm's ability to participate in spot trading for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) was "extremely limited" from a regulatory point of view.
Ethereum price remained stable above the $3,500 zone. ETH is now consolidating and might aim for a move above the $3,750 resistance zone.
Goldman Sachs CEO David Solomon hinted at the firms readiness to embrace Bitcoin and Ethereum, contingent on Trump-era regulatory shifts. With AI advancements bolstering operations, the bank is poised for digital asset innovation.
Ethereum (ETH) continues to experience pullback in its price as it recently tested the $4,000 resistance level, a key psychological price mark for the cryptocurrency. Amid this correction, bearish tendencies among investors on Binance have surfaced.
Max Resnick, a prominent researcher previously associated with Ethereum's Consensys, has shifted to Solana. Resnick's departure reflects his increasing disapproval of Ethereum's reliance on layer-2 scaling solutions and his belief in Solana's distinct approach to blockchain infrastructure.
The Ethereum Foundation, the non-profit organization funding the critical development of Ethereum-related technology, has moved 100 Ether (ETH) tokens other than decentralized exchange CowSwap. The funds were then sold for the DAI stablecoin. According to data from on-chain analysis service Lookonchain, the Ethereum Foundation has sold a total of $12.
Binance's 25th Proof of Reserves report shows strong reserve ratios for Bitcoin (108.21%), Ethereum (102.68%), and Tether (108.96%). These reports, now regularized by Binance and other exchanges, are a bid to prove user funds are fully backed and accessible, building trust after the FTX collapse.
Ethereum dropped under the $3.8k mark, but bulls might be preparing for a trend reversal.