Ethereum's price witnessed a dramatic increase, surging from $2,300 to $2,900 in a span of 24 hours. The price expansion came after an uncertain period that demonstrated a major recovery for Ethereum as the second-largest cryptocurrency.
Ethereum (ETH) appears to be on the verge of a significant breakout, with its current market structure closely mirroring the 2020-2021 cycle.
The Hong Kong authorities recognize BTC and Ethereum as valid ways to confirm assets within investment immigration protocols. The HK$30 million ($3.8 million) residency program in Hong Kong accepts crypto assets as valid documentation of assets.
Bitcoin (BTC) remained sluggish over the weekend, hovering between $96,000 and $97,000. However, it dipped below $95,000 early on Monday, falling to a low of $94,855 before rebounding and moving to its current level of $97,450.
Ethereum (ETH) is showing signs of accumulation into wallets and outflows from exchanges. Traders suspect market manipulation to suppress the price, while whales buy near the new lows.
Vitalik Buterin, a co-founder and frontman of the second biggest blockchain platform Ethereum, has taken to his account on the X social media platform to share his negative take on the current state of products powered by artificial intelligence and OpenAI's ChatGPT in particular.
ETH, DOGE Price Analysis: How Trump Tariffs May Impact Cryptos Such as Ether, Dogecoin
Ethereum (ETH) has been under significant pressure in recent months, with its price continuing to decline. However, a recent surge in short positions against the asset from hedge funds has raised the possibility of a short squeeze.
Short interest in Ethereum has skyrocketed by 500% since Nov. 2024, raising questions about whether a looming short squeeze could close the widening performance gap with Bitcoin, despite regulatory support.
Ether and other altcoins saw a massive week of ETP inflow, while Bitcoin inflows continued to decline, according to data from CoinShares.
Closely followed crypto analyst Benjamin Cowen says that a shift in monetary policy will most likely be what finally triggers an “altseason,” or a period where altcoins vastly outperform Bitcoin (BTC).
Ether (exchange-traded funds) ETFs saw more than double the inflows of bitcoin ETFs, with a significant net inflow of $420 million. Ether ETFs Grab The Spotlight in Trading Week Review In the week spanning Feb. 3 to Feb. 7, ether ETFs experienced a substantial net inflow of $420.06 million.
A crypto analyst has shared a new bold forecast for the Ethereum price, predicting that the number one altcoin is on the verge of an explosive rally to $17,000. The analyst has cited past trends to support his bullish projections, highlighting that Ethereum rallies significantly after a decline.
The crypto market's squeeze continues, with assets recording double-digit exits. Bitcoin (BTC) and Ethereum's (ETH) outflows have shaped other assets, heightening sell pressures in the second week.
Brazil's B3 stock exchange is expanding its cryptocurrency offerings with the introduction of Bitcoin options and futures contracts for Ethereum and Solana. The post Brazil's B3 Stock Exchange to Launch Bitcoin Options and Futures for ETH and SOL appeared first on Cryptonews.
The B3 Stock Exchange announced that it will expand its cryptocurrency offering this year, opening options for users to invest in solana and ether.
TL;DR Ethereum is experiencing a surge in short positions, with Wall Street investors significantly increasing their bets against the cryptocurrency. Analysts from the Kobeissi Letter report a dramatic rise in Ethereum short positions, up 40% in one week and 500% since November 2024.
The evolution of the crypto market often relies on subtle signals that only savvy investors know how to interpret. Among these, the inflows to accumulation addresses are closely monitored, as they help anticipate bullish trends.
The B3 has announced the introduction of options on Bitcoin and futures contracts on Ethereum and Solana.
Ethereum has shed 18% of its value over the past month. As its price continues to slide, the percentage of ETH's supply held in profit has fallen to its lowest level since October, signaling mounting challenges for the altcoin.
The Ethereum investment products have attracted more than $177 million in cash inflows year-to-date led by by BlackRock's ETHA.
Ethereum has faced its most short-selling activity in history. Institutional short positions have soared by 40% in just one week and an astounding 500% since November 2024, according to data from the Kobeissi Letter.
Ethereum is at a pivotal level, trading near key Fibonacci retracement zones. A break above $2,881 could confirm a bullish reversal, while failure to hold $2,500 may trigger deeper retracements.
The Ethereum price continues losing momentum amid the ongoing market uncertainty. Despite recording a new all-time high in its accumulation, the ETH price has plunged by over 20%, raising concerns about its future price prospects.
This is only the second time Ether's daily transaction fees have fallen below $1 million since November 2020.
Coinbase has accumulated $300M+ in ETH, which is more than 2x all of Base's ETH earnings over time," Base member Kabir.base.eth said on X.
Ethereum faces increasing pressure as hedge fund short positions reach record levels of 11,341 contracts while the price hovers near crucial support at $2,600, despite spot ETFs showing strong inflows and institutional interest remaining mixed.
Coinbase's layer-2 network, Base, has denied allegations of selling its Ethereum (ETH) holdings. Over the weekend, crypto community members pointed out that Base has funneled sequencer fees to Coinbase, sparking concerns about transparency and potential ETH sales.
Ethereum (CRYPTO: ETH) witnessed an unprecedented jump in bearish bets by Wall Street hedge funds, limiting the second-largest cryptocurrency's upside potential. What Happened: In an X post on Sunday, capital markets commentator The Kobeissi Letter highlighted that short positioning in Ethereum has surged by 40% in just one week and by a staggering 500% since Nov. 2024.
Ethereum researcher Justin Drake reignited the "ultra sound money" debate by arguing that Ethereum's economic model is more sustainable than Bitcoin's.
Ethereum (ETH) is facing a critical moment in its market, with two opposing forces in play: large-scale sell-offs by whales and a significant increase in buying activity from retail investors. Since December 2024, the Ethereum network has seen a shift in market dynamics, with aggressive selling by whales clashing with heightened retail buying interest.
Ethereum is experiencing an unprecedented level of short selling, with futures contracts on the Chicago Mercantile Exchange (CME) reaching a record high of 11,341. The post Ethereum Short Positions Hit Record High as Hedge Funds Bet Against ETH appeared first on Cryptonews.
Despite a $500 million influx into spot Ethereum ETFs, the second-largest crypto by market cap continues to struggle with little price movement. Ethereum's (ETH) price is still stuck, even with spot exchange-traded fund investments rolling in.
In a dramatic shift, hedge funds appear to be ramping up short positions in Ethereum at a rate not seen before, sparking questions on whether the second‐largest cryptocurrency by market capitalization could be facing troubled waters—or if something else is at play. According to renowned analysts from the Kobeissi Letter (@KobeissiLetter), short positioning in Ethereum “is now up +40% in ONE WEEK and +500% since November 2024.
Spot Ethereum prices continue to crumble as short positions in the asset from hedge funds surge along with the potential for a short squeeze.
Bill Barhydt, CEO of Abra, has made bold predictions about Bitcoin and Ethereum, suggesting that Bitcoin could reach as high as $700,000 in the current cycle.
Ethereum (ETH) has recently faced a tough market downturn, with its price dropping 36% from its recent peak. This sharp decline has led to a significant drop in profitability, reaching a low not seen in months.
Ethereum, the second-largest cryptocurrency by market cap, is under significant pressure as hedge funds ramp up their bearish bets. Despite the broader crypto market showing signs of recovery, Ethereum has been left trailing. Since November 2024, short positions against Ethereum have surged by 500%, reaching record highs, according to data from The Kobeissi Letter.
Spot Ethereum exchange-traded funds in the U.S. have recorded over double the net inflows of their Bitcoin counterparts over the past week amid macroeconomic uncertainty triggered by U.S. President Trump's tariffs.
The crypto market continues recording a bearish price action this month. This has resulted in the top cryptocurrency tokens plunging below their important support levels within a short period. Notably, market leaders, Bitcoin, Ethereum, and Ripple coins have experienced a similar price action, highlighting increased bearish sentiment.
Ethereum (ETH) has experienced a notable price increase, trading at $2,666.49, up by 1.91% over the past 24 hours. Despite a significant drop in 24-hour trading volume, down by 48.83% to $15.15 billion, the price surge signals a potential shift in momentum for the second-largest cryptocurrency by market cap, now sitting at $321.4 billion.
Trump's tariff threats trigger a crypto market dip, with Bitcoin and Ethereum consolidating amid declining open interest. Ethereum risks a 26% drop, but whale accumulation signals potential resilience.
Ethereum short positions have skyrocketed surging to more than 40% over the past week, the largest short position on the altcoin in history. This happens as the ETH price has seen strong selling pressure in recent weeks with short traders showing no signs of remorse.
Ethereum's increased short positions could lead to heightened volatility, impacting investor confidence and potentially triggering market-wide effects. The post Ethereum's price under pressure as short positions reach record highs appeared first on Crypto Briefing.
Ethereum price failed to continue higher above the $2,880 resistance. ETH is now moving lower and might slip further toward the $2,320 support.
Ethereum's market has been shaped by a surge in whale sell-offs and increased retail buying since December 2024.
ETH price opened trading around the $2,630 level on Feb 10, entering a 3-day stagnation phase. Historical data suggests Ethereum Foundation's latest 50,000 ETH transaction could potentially spark volatile market reactions in the week ahead.
A large entity is reportedly accumulating Uniswap's native token UNI, according to blockchain tracking firm Lookonchain. Citing data from on-chain “de-anonymizer” Arkham, Lookonchain reports that an unknown deep-pocketed investor has begun withdrawing UNI from Binance, the largest crypto exchange in the world.