Tag: Ethereum

UBS launches first tokenized investment fund on Ethereum

UBS Asset Management has introduced its first tokenized investment fund on Ethereum. Named “UBS USD Money Market Investment Fund Token,” or ‘uMINT,’ the fund is built on Ethereum (ETH) for various authorized distribution partners across Singapore, per UBS. Tokenization is a process that converts traditional assets, like stocks or bonds, into digital tokens that can be managed on a blockchain, the decentralized technology underlying crypto like Bitcoin (BTC) and Ethereum.  These digital tokens represent a share of the asset, enabling investors to buy, sell, or hold portions of traditional financial…

Ethereum Claims Address Dominance With 43% Lead—Will It Keep Rising?

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Este artículo también está disponible en español. Ethereum missed out on this week’s crazy price movements. For the last couple of days, Bitcoin has dominated the bigger crypto market, making gigantic strides almost crossing the $73,500 mark for its best in recent months. Other altcoins have also followed that trajectory as SOL and DOGE trail Bitcoin. Related Reading As Bitcoin retests a new high this October, Ethereum lags, even touching a low of $2,322 last October 3rd. Since then, Ether has slowly inched its way up the price charts, reaching…

Analyst Exposes Ethereum Ascending Support At $2,400 – Best Chance To Accumulate ETH?

Este artículo también está disponible en español. Ethereum is trading at $2,500, following a 9% pullback from recent highs after it failed to establish a higher high above $2,820. This retrace has sparked renewed interest among investors, with top analyst and investor Carl Runefelt sharing a technical analysis that points to a promising setup for accumulation.  Runefelt highlights a bullish pattern emerging in ETH’s price action, indicating that this retracement could be a prime opportunity for long-term holders to accumulate more Ethereum before a potential rally. Related Reading The coming…

Ethereum Futures Show Signs of Optimism: Will Positive Funding Rates Drive a Breakout?

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Ethereum recent performance in the futures market is generating optimism among traders and analysts, according to insights shared by CryptoQuant analyst ‘ShayanBTC.’ As the second-largest crypto by market capitalization, Ethereum has garnered notable attention following an uptick in funding rates—a measure used to gauge the demand balance between buyers and sellers in futures contracts. Rise In Funding Rates To Drive Breakout? Positive funding rates imply that there are more aggressive buyers, indicating bullish sentiment, whereas negative rates suggest more sellers and a bearish outlook. This trend reflects a favorable market…

Ethereum Blobs Are ‘Insanely Bullish” For ETH Price: Research

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Este artículo también está disponible en español. Tim Robinson, Head of Crypto Research at BlueYard Capital, has unveiled groundbreaking simulations indicating that Ethereum’s implementation of “blobs” could be exceptionally bullish for the long-term price of ETH. In a series of posts on X, Robinson highlighted how blobs could revolutionize Ethereum’s scalability and economic dynamics. “Many people arguing about blobs, but so far no one has simulated how they respond to demand… until now,” Robinson stated. “TL;DR: Blobs are insanely bullish for ETH long term.” Why Blobs Are ‘Insanely Bullish’ For…

Ethereum Price Completes 12 Weeks Of Bottom Formation, Analyst Says Don’t Aim Lower Than $4,900 ATH

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Este artículo también está disponible en español. Technical analysis suggests the days of the Ethereum price consolidation might be over very soon. At the time of writing, Ethereum is trading with a 0.07% gain in the past 30 days, which reveals the current consolidation situation it finds itself under.  However, according to a technical analysis on TradingView, the Ethereum price could be well on its way to reaching a new all-time high after 12 weeks of consolidation. Ethereum Price Completes Bottom Formation According to a technical analysis of the Ethereum…

Analyst Claims Ethereum ‘Isn’t Dying,’ Bitcoin Surge No Threat To Ether

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Este artículo también está disponible en español. This week has witnessed remarkable growth in the global cryptocurrency market, spearheaded by Bitcoin. Today, the total market capitalization of the cryptocurrency market stands at $2.44 trillion, an increase of 1.61% from the previous day. Most of the digital assets are in the green zone meaning that their prices are rising and the outlook of the market is generally positive. Related Reading In this latest market frenzy, one storyline is attracting attention and some analysis: while Bitcoin is outperforming the rest and retesting…

Ethereum Price Consolidates Gains: Is It Ready for Another Push?

Ethereum price started a fresh increase above the $2,600 resistance. ETH is consolidating gains and might aim for a move above the $2,720 resistance. Ethereum started a decent increase above the $2,650 zone. The price is trading above $2,600 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,540 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it clears the $2,650 and $2,720 resistance levels. Ethereum Price Eyes More Gains Ethereum price formed…

This October investment is outperforming top cryptos like Bitcoin, Ethereum, and Solana

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. An unexpected player is outpacing leading cryptocurrencies this October, capturing the crypto community’s attention. An unexpected player is outpacing the leading digital currencies this October. While the most well-known cryptocurrencies are under the spotlight, another investment is quietly surpassing them all. This surprising asset is catching attention in the crypto community. What is this rising star that’s eclipsing the top digital tokens? Discover the investment that’s challenging the dominance…

Ethereum Holds Key Support To Set A $6,000 Target – Analyst

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Este artículo también está disponible en español. Ethereum (ETH) is showing strength, finding support at a critical level around $2,400 and pushing to local highs near $2,800. Top analyst Ali Martinez shared a technical analysis highlighting Ethereum’s potential to break out. Holding this key level suggests ETH could be on the verge of a significant rally.  Martinez’s analysis points to a large trading channel with an upper boundary of around $6,000, indicating a substantial upside if ETH continues to gain momentum. Related Reading As the crypto market broadly trends toward…