Ethereum may be heading for a breakthrough above $5,000, with Cryptoquant analysts pointing to a mix of tightening supply, climbing demand, and lively network activity as driving factors. Will Ethereum Break $5K? Cryptoquant Highlights Key Indicators According to Cryptoquant‘s December 2024 analysis, ethereum (ETH) is riding a wave of favorable trends, fueled by data from […] Source CryptoX Portal
Tag: Ethereum
Ethereum derivatives have mixed performance against Bitcoin: Bybit
Bybit and analytics firm Block Scholes released a derivatives market report indicating mixed signals for Ethereum and Bitcoin. The report highlights a decline in Ethereum’s (ETH) perpetual open interest, primarily due to the liquidation of overleveraged long positions. These positions had accumulated during a period of optimism but were reset by falling ETH spot prices, according to the report shared with crypto.news. The report also notes that ETH futures contracts have not experienced the same decline in open interest as ETH perpetual swap contracts during a brief pause in…
Trump buys up Ethereum and Trog. Is Wall Street Pepe next?
As well as cleaning up in the Electoral College, Donald Trump also seems to be doing rather bullishly with his cryptocurrency account. And now, observers are wondering if Wall Street Pepe ($WEPE) is next on his radar. Despite his past talent for bankrupting businesses, Trump’s crypto account seems to be bucking trends by performing rather well so far. According to Arkham, he currently holds almost $10M in crypto assets, with $TROG being the biggest one by far (almost $3.9M). This is notable as his preferred cryptocurrency has always seemed to…
Bitcoin and Ethereum ETFs See Extended Inflow Streaks
Accumulated consistent inflows over a 13-day period for Bitcoin and Ethereum ETFs signals robust demand. Bitcoin and Ethereum ETFs on a Roll Bitcoin and Ethereum exchange-traded funds (ETFs) have been on a remarkable inflow streak over the past two weeks. This is according to data from Sosovalue which tracks the performance of ETFs. On Dec. […] Original
Bitcoin To $250,000, Ethereum To $12,000: Here’s When, Says VC
Este artículo también está disponible en español. In a price prediction shared on X, Tom Dunleavy, Chief Investment Officer (CIO) at MV Global—formerly known as Master Ventures—outlined his bullish projections for major cryptocurrencies in 2025. MV Global is a blockchain-focused venture studio renowned for building infrastructure companies aimed at advancing blockchain adoption, with investments spanning prominent entities such as Coinbase, Kraken, Ripple, Circle, and Bitfinex. Dunleavy’s forecast positions Bitcoin (BTC) at a target of $250,000 and Ethereum (ETH) at $12,000 by the end of 2025. Additionally, he anticipates Solana (SOL)…
Solana Welcomes Ethereum Prodigy – Impact On SOL Price
Este artículo también está disponible en español. Max Resnick, a reputable Ethereum expert, has taken a bold shift to the Solana blockchain. The change follows his departure from Consensys, where he played an important role in advancing Ethereum’s ecosystem. Given Resnick’s strong ties to Ethereum and growing enthusiasm for Solana, this unexpected decision has sparked debate in the cryptocurrency community. Related Reading Resnick wrote a blog post outlining his motivation for joining Solana, emphasizing his wish to become knowledgeable about the protocol’s main components, including consensus processes and fee markets.…
Big Money Bets on Crypto: $745M Pours Into Bitcoin and Ethereum ETFs in a Single Day
On Tuesday, spot bitcoin and ethereum exchange-traded funds (ETF) attracted a notable $745.3 million in combined inflows. The two groups of funds saw steady participation, emphasizing continued investor interest in these assets. Bitcoin ETFs Lead the Pack: Cumulative Inflows Skyrocket to $34.35 Billion On Dec. 10, 2024, spot bitcoin ETFs pulled in $439.56 million in […] Original
Bitcoin, Ethereum, And Solana Poised For Record Highs In 2025
Este artículo también está disponible en español. In a recent report, crypto exchange-traded fund (ETF) issuer and asset manager Bitwise unveiled bold predictions for Bitcoin and the broader cryptocurrency market by 2025, highlighting the significant performance of major cryptocurrencies throughout this year. A Stellar Year For Bitcoin And Major Cryptos Bitcoin reached an all-time high of $104,000 at the start of the month, marking a staggering increase of 141.72% year-to-date, driven largely by the historic launch of spot Bitcoin ETFs in the United States, which amassed $33.56 billion in assets. …
Ethereum Battles Bearish Retail Sentiment Amid Surging ETF Demand
Ethereum (ETH) continues to experience pullback in its price as it recently tested the $4,000 resistance level, a key psychological price mark for the cryptocurrency. Amid this correction, bearish tendencies among investors on Binance have surfaced. A recent analysis by CryptoQuant analyst Darkfost highlights a significant trend where Binance’s taker buy-sell ratio for Ethereum turned “sharply negative” at the $4,000 mark. This suggests that traders on the exchange have predominantly adopted a selling stance. Ethereum Tug of War According to Darkfost, the bearish sentiment on Binance has persisted since the…
Goldman Sachs open to Bitcoin, Ethereum market
Goldman Sachs is unopposed to expanding its Bitcoin or Ethereum participation in an accommodating regulatory environment. Original