Tag: ETH

ETH Reaches $3,000 After Two Years, More Excitement To Come?

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On Tuesday, Ether (ETH), the second largest cryptocurrency by market capitalization, touched its highest level since April of 2022. Ethereum’s native cryptocurrency momentarily surpassed the $3,000 before quickly facing a price pullback. Ether Briefly Touches The Sky The whole crypto market has been buzzing with a bullish sentiment in recent weeks after the massive inflows coming into the recently launched Spot Bitcoin ETFs (exchange-traded funds). Since the approval of Bitcoin ETFs by the US Securities and Exchange Commission (SEC), eyes have moved to the possibility of other spot crypto-based ETFs…

Ethereum Price Overtakes BTC -Is $4k ETH a Valid Prediction?

Ethereum price surged past $3,000 on Feb. 20, eclipsing Bitcoin’s 22% growth; ETH 2.0 staking deposit trends observed this week suggest the gap could widen even further. The media frenzy surrounding the Bitcoin ETF approval saw BTC price outperform ETH in the early days of the 2024 market rally. However, this market trend has flipped since the start of February.  As investors make long-term bets, the bulls may capitalize on the rising ETH 2.0 staking deposits and declining market supply to drive a rally above $4,000.  Ethereum surpasses BTC despite…

ETH Price Will Reach $10,000

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Global asset management firm, Bernstein has expressed confidence, foreseeing a fairly strong chance of the United States Securities and Exchange Commission (SEC) approving an Ethereum Spot ETF.   SEC Ethereum Spot ETF Approval Imminent In a February 19 research report, Bernstein analysts Gautam Chhugani and Mahika Sapra disclosed that Ethereum, the world’s second-largest cryptocurrency, may be the only digital asset after Bitcoin, to win an ETF approval from the US SEC.  Following the approval of Spot Bitcoin ETF, many crypto enthusiasts anticipated Ethereum as the next in line for an ETF.…

Market Expert Spotlights ETH, BLUR, MATIC, And More For Explosive Gains

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Crypto analyst Miles Deutscher has spotlighted several altcoins, with a special focus on artificial intelligence (AI) tokens, that demonstrate strong breakout potential in the current market rebound.  ETH On The Rise In a recent post on X (formerly Twitter), Deutscher suggests that the upcoming Ethereum (ETH) Dencun upgrade, along with advancements in the AI industry, could drive significant price movements in related tokens.  Deutscher emphasizes the upcoming ETH Dencun upgrade, noting that while much attention has been directed towards Bitcoin (BTC) and exchange-traded fund (ETF) flows, ETH has been steadily…

Ethereum Price Grinds Higher, Will ETH Bulls Be Able to Hit $3K Milestone?

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Ethereum price is showing positive signs above the $2,850 support. ETH eyes more gains and might surge toward the $3,000 resistance zone. Ethereum is slowly moving higher above the $2,800 support zone. The price is trading above $2,850 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,910 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up toward the $3,000 resistance zone. Ethereum Price Remains Supported Ethereum price remained well-bid and slowly moved higher…

Cryptocurrency Exchange Fixedfloat Hacked, Close to $26 Million Lost in BTC and ETH

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Fixedfloat, an automatic cryptocurrency exchange, has been hacked by an unknown attacker who siphoned almost $26 million worth of BTC and ETH. The exchange, which has already acknowledged the attack, is investigating the event and working to eliminate all possible vulnerabilities. Meanwhile, Fixedfloat’s platform remains closed until further notice. Fixedfloat Loses $26 Million in ETH […] Source

Ethereum Technical Analysis: ETH Highlights Resilience Across Several Timeframes

Ethereum started Monday with its price hitting $2,934 per unit, marking a week filled with a strong 14.9% increase. Over the preceding fortnight, the second-leading crypto asset by market cap witnessed a substantial 25.9% upswing. Kicking off this week, ether’s trading volume over the past 24 hours has hovered around $24.74 billion. Ethereum Peering into […] Source CryptoX Portal

Ethereum (ETH) Price Targets $3,500 in the Week Ahead

Ethereum price crossed the $2,900 milestone on Feb. 19, but rising volume of trading activity across the ETH spot markets could propel it even further.  With investors placing bullish bets ahead of Bitcoin ETFs trading hours, is Ethereum price set for the much-anticipated bounce toward $3,500?  Ethereum trading volume crosses $25 billion milestone Ethereum price made another giant stride on Feb. 19 as it crossed the $2,900 territory to bring its gains for February 2024 to the 30% mark. Record-breaking inflows from Bitcoin ETFs and institutional entities in recent weeks…