Tag: Ether

Bitcoin and Ether Are Primed for New All-Time Highs

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Key points: Bitcoin takes another shot at price discovery as volatility returns with Wall Street traders. Crypto liquidations pass $500 million in 24 hours. Ether comes within $150 of new all-time highs as institutional interest surges. Bitcoin (BTC) sought new all-time highs at the Wednesday Wall Street open as institutional demand punished late shorts. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Bitcoin, altcoin volatility liquidates $500 million Data from Cointelegraph Markets Pro and TradingView showed BTC/USD piercing the $122,000 mark before cooling. Up 1% on the day, the pair faced resistance around…

Ether May Climb Above $8,500 On A $150,000 Bitcoin Move: Trader

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A math-based scenario is getting attention in markets this week. According to experts, Ether’s market value has historically moved to about 30–35% of Bitcoin’s market cap during major bull runs. Related Reading If Bitcoin climbs to $150,000 from its current price of $119,250, that ratio would put Ether near $8,656 at the top end of the model. At the time of writing, Ether was up 8% in a 24-hour price move, hitting $4,630 for new weekly high. Bitcoin was up a percent, and slowly closing in the key $120,000 region,…

Ether May Tap Above $8.6K If Bitcoin Reaches $150K: Trader

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Ether could climb to over $8,600 if Bitcoin makes a highly anticipated move to $150,000, according to a trader’s analysis of past bull market trends. “In major bull runs, ETH typically hits 30-35% of Bitcoin’s [market cap],” crypto trader Yashasedu said in an X post on Tuesday, noting that in the 2021 bull run, Ether (ETH) rose to reach 36% of Bitcoin’s then-market capitalization. Analysts predict Bitcoin surpassing $150,000 Yashasedu said that if Bitcoin (BTC) reaches $150,000 — a roughly 25% increase from its current price of $119,335 — then…

Bitcoin’s Range Break Waiting Room, TOTAL Market Cap All Time High, XRP’s Range End, Alts .702 Break

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Blockchain Backer Newsletter – Blockchain Backer’s Technical Analysis Toolkit for Crypto – Blockchain Backer 702 Digital Art NFT Collection on XRP – Hi, I am the Blockchain Backer, bringing you the latest cryptocurrency news and analysis. The content of my channel primarily focuses on crypto news, motivation, and chart analysis on the XRP chart, Bitcoin chart, various Altcoin charts, and market cap charts. DISCLAIMER: I am not a financial adviser. Investing and trading is risky, and you can lose your money. The…

Ether ETFs Post Record $1B Inflows

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Spot Ether exchange-traded funds (ETFs) recorded their biggest day of net inflows ever on Monday, with flows across all funds totalling $1.01 billion. The development came as many key indicators had turned bullish and Ether (ETH) gained 45% in the past 30 days. Inflows into Ether ETFs far exceeded those of their Bitcoin (BTC) counterparts, which saw a net inflow of $178 million on Monday, according to Farside Investors. For the Ether funds, BlackRock’s iShares Ethereum Trust ETF (ETHA) attracted the lion’s share of flows, with a record $640 million…

An Institutional Entity Has Bought Ether Worth $946M In The Past 7 Days.

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An unidentified entity has been accumulating Ether (ETH) aggressively over the past week, buying 221,166 ETH as the asset rallied by 21%. In the past 24 hours alone, the “mysterious institution” bought $212 million of Ether, according to data analytics platform Lookonchain. The whale tracker said the entity is using six different wallets to store its Ether, which it acquired from Galaxy Digital, FalconX and BitGo. The wallet with the most Ether has $181 million worth, while the wallet with the least Ether has $128 million worth. The buying comes…

Ether May See New Record Highs in Under Two Weeks

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Key points: Ether is on track to reach $20,000 as a lifelong price channel stays relevant, says a popular trader. ETH may even break beyond the channel for the first time in history. Against Bitcoin, Ether bulls still have a lot of work to do to match all-time highs from 2021. Ether (ETH) has a new $20,000 target as hyper-bullish price predictions join the push to seven-month highs. New X analysis from popular trader Merlijn sees ETH/USD repeating a rare chart move, which could produce another 375% gain. ETH price…

Ether Short Wipeout Amid $4K Reclaim Led To Eric Trump Smiling

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Ether saw the largest short position wipeout of the day across all crypto assets on Friday as its price surpassed $4,000, with some analysts saying it could be setting the stage for a short squeeze. The rally led to Eric Trump, son of US President Donald Trump, taking a jab at bearish traders. $4.1K is now key for the “short squeeze,” says trader “It puts a smile on my face to see ETH shorts get smoked today. Stop betting against BTC and ETH – you will be run over,” Trump…