Tag: ETH

Ethereum Price Cracks Above $2,000 As BlackRock Eyes ETH ETF

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Move over Bitcoin ETF, it is time for Ethereum to take the center stage. $9 trillion asset manager BlackRock has revealed its intention to to launch a spot Ethereum ETF, and it already sent the price per ETH above $2,000. Ethereum ETF News From BlackRock Prompts Break Above $2,000 Ethereum sentiment has recently been in the gutter, but breaking news today has instantly revived the top altcoin and caused its price to surge higher. That news was none other than BlackRock announcing its intention to file for a spot ETH…

Ethereum (ETH) Eyes $3K Mark as Network Activity Surges

ETH may now be useful for those looking to hold on to the crypto asset as a store of value. Things are looking bright for Ether (ETH) at the moment following a resurgence in Ethereum network activity this week. According to the research head of Matrixport Markus Thielen, the weekly revenue recently recorded on the Ethereum network is an indicator of good times to come. Thielen noted in his report: “Revenues for the Ethereum ecosystem are bottoming out from depressed levels; this could signal a tradeable bottom for ETH.” Thielen’s…

Ethereum Price Bullish Momentum Fades But ETH Bulls Still In Control

Ethereum price is still struggling to clear the $1,920 resistance against the US dollar. ETH is moving lower but downsides might be limited below $1,850. Ethereum is still struggling to clear the $1,920 level. The price is trading above $1,860 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance near $1,880 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rise once again unless there is a close below the $1,850 support zone. Ethereum Price Stuck In…

Analyst Sets Bullish Ether (ETH) Price Target as Ethereum Blockchain Settlements Soar to 7-Month High

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Price analysis 11/6: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

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Bitcoin price is consolidating near $35,000. Will altcoins capitalize on the sideways price action and move higher? Bitcoin’s (BTC) marginal rise of about 1.5% last week suggests that traders are cautious at higher levels but they are not rushing to the exit. The bears have been in hibernation for the past few days but if the rally fails to resume, sellers may try to make a comeback. However, in an uptrend, dips are usually viewed as an opportunity for long-term investors to accumulate. The positive sentiment among traders can be…

‘Smart Whale’ Withdraws About $32,000,000 Worth of Ethereum (ETH) From Crypto Exchange Binance: Lookonchain

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A crypto whale was recently spotted by a blockchain monitoring platform withdrawing a massive stack of Ethereum (ETH) from Binance over the weekend. First seen by Lookonchain, a “smart whale” deposited 31.8 million Tether (USDT) into Binance, and then withdrew $15.94 million worth of ETH hours later. Just hours later, the whale took out another $16 million worth of ETH from Binance. According to Lookonchain, the whale remains long on their ETH from the price of $1,836. “This smart whale withdrew another 8,618 ETH ($16 million) from Binance… The whale…

Did Ethereum Founder Vitalik Buterin Short Ethereum? Unraveling A 70,000 ETH Sale

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A video has surfaced on social media where Ethereum founder Vitalik Buterin revealed he sold 70,000 ETH tokens during its price all-time high.  Buterin Acknowledges Shorting Ethereum Crypto community member, MetaMan X, published a video post on X (formerly Twitter), disclosing a conversation where Ethereum Founder, Vitalik Buterin admitted that he had sold about 70,000 ETH tokens, essentially shorting the cryptocurrency during a major all-time high.  In the podcast with American hedge fund director, Eric Ross Weinstein, Buterin spoke on the price of Ethereum and Bitcoin in 2017. During Ethereum’s…

This “Smart” Whale Buys ETH Again, Could There Be An Incoming Price Surge?

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In the last week, Ethereum (ETH) has attracted many investors’ attention as it gradually approaches the $1900 price region. Similar to many assets riding on the Bitcoin-fueled market rally, ETH, also known as Ether, is up by 5.85% in the last seven days, bringing its total price increase in the last four weeks to 15.17%. Interestingly, a recent whale movement has now added more speculation around ETH, prompting suggestions that the largest altcoin may soon experience a price surge. ‘Smart’ Whale Purchases $15.94 Million Ether – What Could They Know? In…