ETH may show a long-term upward trend as a pattern pointing to $10K appears, according to an analyst.
Key Insights on Ethereum (ETH) Recent bullish signals on ETH’s chart indicate a potential rise to $10,000, with $5,000 serving as a crucial resistance level. Analysts point out that before ETH embarks on a multi-year bullish trend, it may experience some short-term volatility. A surge to $5,100 might trigger the liquidation of approximately $5 billion […]
Bitcoin whales exchange BTC for Ether as trader predicts ETH will reach $5.5K next.
Key Points: Bitcoin is nearing a significant level of $114,000 as the week wraps up, accumulating profits. Ether is drawing attention following its recent record highs, with investors trading Bitcoin for Ether. BTC’s price movement is expected to touch the CME futures gap and establish new short-term targets. As Sunday came to a close, Bitcoin […]
ETH reaches a new record over $4,870 as the Fed adopts a more accommodating stance and Ether ETF inflows restart
Key Highlights Ethereum has surged over 250% since its low in April. The recent dovish tone from Federal Reserve Chair Jerome Powell is fueling the rise in ETH prices. Bitcoin’s share of the crypto market has dipped below 60% for the first time since March. On Friday, Ether (ETH) experienced a significant jump, closing at […]
$250 Million in Ethereum Shorts Liquidated as ETH Approaches Record High
Simply put Ethereum surged by nearly 15% on Friday. In the past 24 hours, over $340 million in Ethereum positions, both long and short, have been liquidated, which is more than half of all liquidations in the crypto market. While demand for assets has been bolstered by regulatory support and corporate purchases, it hasn’t yet […]
ETH price surge appears as hopes for Fed rate cuts grow: Is $6K Ether on the horizon?
Key Highlights Ethereum (ETH) jumped 13% on Friday after Federal Reserve Chair Jerome Powell hinted at possible interest rate cuts in a speech at Jackson Hole. Both on-chain and technical indicators suggest that ETH could potentially hit $6,000 shortly. On Friday, Ether (ETH) demonstrated impressive strength, rising 13% to $4,788 right after the Wall Street […]
Ether rises 10% following Jackson Hole, ETF holdings exceed 6.4M ETH
Key Insights Over 6.42 million ETH was held by the Spot Ether ETF, with a record inflow of $7.888 billion reported in July and August. Following Powell’s comments, ETH is expected to hit $4,650 after a 10% increase. Ether Surges 10% After Powell’s Jackson Hole Address Ether broke through the $4,350 resistance on Thursday, approaching […]
Price forecasts for 8/20: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, HYPE, XLM
Key Points: Bitcoin’s recent dip resulted in significant withdrawals from the BTC ETF on Tuesday, but buyers may intervene if prices drop to around $110,530. Ether bulls are attempting to solidify a support level at $4,094, indicating some positive market sentiment. Bitcoin (BTC) is currently test the immediate support level near $112,000, yet if it […]
BTCS to distribute loyalty rewards in ETH to discourage ‘predatory short-sellers’
BTCS Inc. Announces One-Time Ether Dividend BTCS Inc., an Ethereum treasury company, is set to distribute a one-off ether dividend and royalty payment of $0.40 per share of ETH. This initiative aims to reward shareholders while addressing concerns about “predatory short selling.” “These payments are meant to benefit long-term shareholders and will, hopefully, discourage stock […]
ETH charts suggest a $3.9K revisit, followed by a 100% surge to new peaks.
Key Insights on Ether’s Market Position Ether is navigating a liquidity challenge between a support level at $3,900 and a resistance level at $4,400. The market has seen unprecedented ETF inflows totaling 649,000 ETH. Long-term predictions remain optimistic, suggesting a potential rally to $8,000 after fluctuating between $3,000 and $3,500. This week marks a pivotal […]
Bitcoin Declines as Big Investors Cash In; Ethereum and Dogecoin Also Decrease: Analyst Excludes Significant ETH Correction Before It Reaches $5,000
Cryptocurrency Market Update Major cryptocurrencies experienced declines on Sunday evening as large investors began to take profits. Market Movements Bitcoin dropped below $116,000 overnight, although trading volumes did see a slight uptick over the last 24 hours. This drop follows Bitcoin reaching an all-time high of $124,000 earlier this week. As for Ethereum, it similarly […]