Tag: ETH

Crypto, News

Ethereum ETFs On The Rise: Grayscale’s Leadership, Growing Investor Confidence, And Market Maturity

As cryptocurrency integrates deeper into the financial mainstream, Ethereum (ETH) has evolved beyond a digital asset to a favored choice among institutional investors. Grayscale’s dominance in Ethereum-based exchange-traded funds (ETFs) is particularly notable, with its ETHE fund controlling a substantial 56.98% share of the Ethereum ETF market. Grayscale’s 1,606,070 ETH […]

Crypto, News

Ethereum Hits Lowest Valuation Against Bitcoin Since 2021 Amid Gas Fee Reduction Plans

Ethereum ($ETH) has fallen to its lowest valuation against Bitcoin ($BTC) since April 2021, but co-founder Vitalik Buterin has unveiled plans to turn the tide. BREAKING 🚨: Ethereum $ETH falls to its lowest valuation against Bitcoin $BTC since April 2021 pic.twitter.com/GcIZPtI4ur — Barchart (@Barchart) October 24, 2024 In a recent […]

Crypto, News

Ethereum Faces Pressure But Signals Of Movement Emerge Amid Short-Squeeze Risks

Ethereum’s price continues to face significant pressure, yet there are emerging signs of potential movement.  The total amount of ETH held in accumulation addresses has reached an impressive 19.2 million, indicating a strong interest among investors. Additionally, the latest trading day for ETFs recorded an inflow of $48 million, highlighting […]

Market Analysis

ETHEREUM PRICE ANALYSIS & PREDICTION (October 22) – ETH Trades Above $2,700, Can It Break This Critical Resistance?

Ethereum is still struggling to overcome a critical resistance level despite recovering nicely in the past months. The price will remain trapped in a range until it finds a breakout. Since Ethereum found a local bottom at $2,111 two months ago, it has recovered notably and shown signs of reversal. […]

Market Analysis

ETHEREUM PRICE ANALYSIS & PREDICTION (October 15) – ETH Is Back Above $2.5k Following A Double-Bottom Formation, Signals A Reversal

Opening this month short, ETH found solid ground after establishing support above $2.3k. This restored buying pressure as the price gradually rose with a double-bottom formation on the short-term scale.  Ethereum has continued to subject the market to a sideway move since it rejected the $2,100 level in August. It […]

Crypto, News

Ethereum Whale Continues To Sell Amid Market Movements, While Layer-2 Solutions Gain Momentum

In the past 24 hours, 108,000 ETH, worth approximately $259.2 million, was transferred to cryptocurrency exchanges, signaling increased selling pressure. A prominent Ethereum ICO participant has been at the center of this activity, offloading another 6,000 ETH, valued at $14.11 million, just 45 minutes ago. 108,000 $ETH were sent to […]