Este artículo también está disponible en español. Ethereum has reached a new local high at $3,219, marking an impressive 35% surge since last Monday. This rapid rise has ignited strong optimism among analysts and investors, who now see Ethereum as primed for further gains as it begins to show strength against Bitcoin. The rally reflects renewed confidence in ETH’s potential, especially as major stakeholders increase their activity. Related Reading Key data from Santiment supports this bullish outlook, highlighting a significant spike in whale transactions. Increased activity among large ETH holders…
Tag: Ethereum
Ethereum Rockets Past $3,000: A Comeback Story or Short-Lived Rise?
The world’s second-largest cryptocurrency by market cap, ethereum (ETH), has broken back over the $3,000 level this week for the first time since late July. Ethereum’s Meteoric Rise to $3,000 Ethereum’s momentum kicked in after bitcoin (BTC) surged to a fresh all-time high, reaching the $3,000 mark on Nov. 8. ETH hit an intraday high […] Source CryptoX Portal
Ethereum Funding Rates Hit Key Bullish Level, Price Surge Ahead?
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
Ethereum ETFs post record weekly inflows as ETH eyes $4,000
Spot Ethereum exchange-traded funds recorded their highest-ever weekly inflows as the flagship altcoin shot past the $3,000 mark for the first time since August. According to SoSovalue data, $154.66 million flowed into Ether-based ETF products over the past week, the highest since the Securities and Exchange Commission (SEC) approved the offerings in July. The uptick in inflows began after Donald Trump won the U.S. presidential elections, sparking a market wide rally as market participants remain hopeful that the new administration in Washington will introduce more favorable regulations for digital assets.…
Ethereum ETFs Record Largest Inflows Since August 6
Este artículo también está disponible en español. Ethereum (ETH) registered a remarkable performance following Donald Trump’s victory in the November 5 US elections. The second-largest cryptocurrency by market capitalization has jumped 21.9% in the past three days, reigniting investors’ bullish sentiment for the crypto and ETH-based investment products. Related Reading Ethereum ETFs See Third Best-performing Day Amid ETH’s price rally, spot Ethereum exchange-traded funds (ETFs) have recorded their best-performing day in 13 weeks. Launched in late July, ETH ETFs have seen a shaky performance in the past few months. The…
Ethereum To Outperform Bitcoin, Fund Managers Set $8,000 Target
Este artículo también está disponible en español. The strong performance of Ethereum in recent days has caught the attention of experts. In several posts on X, prominent fund managers and industry leaders have projected a bullish outlook for Ethereum (ETH), positioning it to outperform Bitcoin (BTC) with a target price of $8,000. This optimism is underpinned by anticipated regulatory advancements for the decentralized finance (DeFi) ecosystem. Why Ethereum Could Outperform Bitcoin Raoul Pal, Founder and CEO of Global Macro Investor, articulated his perspective on ETH’s potential resurgence in a post…
Grayscale Unveils Plan to Transform Bitcoin, Ethereum Funds With Split Strategy
Grayscale Investments has announced plans for reverse share splits for its Grayscale Bitcoin Mini Trust ETF (Ticker: BTC) and Grayscale Ethereum Mini Trust ETF (Ticker: ETH). Effective at 5:00 pm ET on Nov. 19, the BTC fund will undergo a 1-for-5 split, while the ETH fund will undergo a 1-for-10 split. These adjustments are intended […] Original
Ethereum Analyst Sees Altseason Potential As BTS Is Still Outpacing ETH – Time To Buy Altcoins?
Este artículo también está disponible en español. Ethereum has finally surged after breaking through a critical resistance level that had kept the price subdued since early August. This move has shifted market sentiment, as many investors and analysts previously doubted ETH’s potential in the current cycle, expecting it to lag behind. However, Ethereum’s recent strength is starting to reshape these perspectives. Prominent analyst and investor Ali Martinez recently shared insights indicating that while Ethereum’s momentum is building, the much-anticipated “Altseason” hasn’t arrived just yet. Related Reading According to Martinez, this…
Ethereum Oversold? Researcher Predicts Speculative Surge Could Spark Market Revival
Este artículo también está disponible en español. Ethereum has had a rough year, but recent insights from industry insiders indicate a possible comeback. Matthew Sigel, VanEck’s Head of Digital Assets Research, recently indicated that Ethereum is oversold. He thinks that raising speculative interest in the altcoin will enable its comeback. This comes as Ether tries to catch up with rivals such as Bitcoin and Solana, which far exceeded it in 2024. Related Reading A Shift In Market Sentiment Sigel spoke on The Tie’s latest episode in which he hopes Ethereum…
Ethereum Foundation: ETH Holdings in Treasury Represent 0.26% of Total Supply
The Ethereum Foundation has released a report detailing its $970.2 million treasury, primarily held in ether. The report outlines the foundation’s strategy of selling ETH during bull markets to fund ecosystem projects during bear markets. Rationale Behind Ethereum Foundation’s ETH Sales The Ethereum Foundation (EF), the non-profit organization supporting the Ethereum ecosystem, has unveiled a […] Source CryptoX Portal