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news-imageJanuary 7, 2025

Ethereum Price Crashes 8% – Collapse Back Below $3,000 Imminent?

The Ethereum (ETH) price took a beating on Tuesday, dropping 8% on the day to below $3,400 as risk appetite took a broad beating following strong US economic data that triggered fears of a US inflation rebound that could result in slower/less interest rate cuts from the US Federal Reserve. The post Ethereum Price Crashes 8% – Collapse Back Below $3,000 Imminent? appeared first on Cryptonews.
Publisher: Cryptonews
Sentiment: Negative
ETH

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Positive
cover-imageBenzinga
January 8, 2025

XRP ETF 'Very Soon,' Likely Next After Bitcoin And Ethereum, Ripple President Says

Ripple President Monica Long has stated that an XRP spot exchange-traded fund (ETF) is likely to be approved “very soon,” and is expected to be next in line after the recently approved Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) ETFs. Long's comments suggest a significant shift in the regulatory landscape, potentially opening up (CRYPTO: XRP) to a broader investor base.

Positive
cover-imageCointribune
January 8, 2025

Can Ethereum Reach $12,000 in 2025 Thanks to Trump?

The year 2025 could mark a turning point for Ether (ETH), the second largest cryptocurrency by market capitalization. According to Dr. Sean Dawson, head of research at Derive, Ether could reach a peak of $12,000 this year, thanks to Trump, representing a 257% increase from its current price.

Positive
cover-imageCryptoGlobe
January 8, 2025

Ripple President on Spot Crypto ETFs: ‘I Think XRP Is Likely To Be Next in Line After Bitcoin and Ether'

On Jan. 7, Ripple President Monica Long discussed her company's strategic direction during an interview with Bloomberg TV. She highlighted Ripple's ongoing efforts to increase the distribution and availability of Ripple USD (RLUSD) across additional exchanges, indicating that further developments and announcements are expected imminently.

Positive
cover-imageCoinPedia
January 8, 2025

Bhutan's City To Add Bitcoin, Ethereum & Binance To Strategic Reserves

Bhutan's newly established Gelephu Mindfulness City (GMC) has announced its plan to include digital assets such as Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) as part of its strategic reserves. This initiative positions GMC as one of the first Special Administrative Regions (SARs) to officially integrate digital currencies into its economic framework.

Negative
cover-imageCoinPedia
January 8, 2025

Ethereum Price Prediction Today: Bears Target $2400 After 9% Dip

Ethereum's price is currently moving within a key price channel, maintaining a bullish trend as it holds above an important support zone. However, at the time of writing, Ethereum has declined by more than 9% and is now trading below $3,350. Ethereum's 1-month high is at $4,098.29, while the 1-month low is $3,103.

Positive
cover-imageThe Currency Analytics
January 8, 2025

Ethereum Eyes $4,000 Breakout with Bullish Setup

Ethereum (ETH) is making waves in the crypto market, with its price recently breaking through the $3,670 resistance point and now eyeing the $4,000 level. This move has rekindled excitement among traders and analysts, fueling speculation that Ethereum could soon achieve new all-time highs (ATHs).

Neutral
cover-imageNewsBTC
January 8, 2025

Ethereum Will Drop Before The Next Leg Up – Analyst Sets Target

Ethereum is trading below last year's highs as investors eagerly await a breakout to confirm the start of the anticipated Altseason. While ETH's price action has been subdued, traders remain optimistic about its potential to perform exceptionally well in 2025, given its historical cycles and the market's overall bullish sentiment.

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