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

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.

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

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

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…

Ether Hits $4,000 Again As Bitcoin Crypto Market Cap Dominance Dives

Key points: Ether hits $4,000 for the first time since December 2024 in a key milestone for the year. ETH price optimism continues with Ether taking chunks away from Bitcoin’s crypto market cap dominance. BTC could still stage a fresh but short-lived rebound, analysis says. Ether (ETH) returned to $4,000 for the first time in eight months Friday as Bitcoin (BTC) shed its crypto market cap share. ETH/USD one-hour chart. Source: Cointelegraph/TradingView Ether in “reaccumulation zone” as bulls surge to $4,000 Data from Cointelegraph Markets Pro and TradingView showed ETH/USD…

Ether Surge Signals Major ‘200-500%’ Altcoin Rally: Trader

Ether has continued to hold strength, signalling that altcoins may be gearing up for an explosive rally of up to 500% as early as October, says a crypto analyst. However, not all traders are convinced Ether’s (ETH) current uptrend will last. Altcoins may start posting gains by October MN Trading Capital co-founder Michaël van de Poppe said in an X post on Thursday that he is “all-in” on altcoins, adding there could be “200-500% to be made in the next 2-4 months.”  “The recent move of ETH is the first…