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Ethereum (ETH)

Bloomberg Expert Says Ethereum ETF Approvals Are Overhyped Next To Bitcoin

Crypto fanatics eager for a market-shattering Ethereum spot ETF launch may be in for an underwhelming surprise, according to Bloomberg ETF analyst Eric Balchunas. While the recent launch of multiple Bitcoin spot ETFs in the United States has proven phenomenally successful, Balchunas claims a follow-up launch for Ethereum would be “small potatoes” compared to the original. Do Ethereum ETFs Matter? In a post to X on Saturday, Balchunas wrote: “No offense to the ETH people but...

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Bitcoin Price Passes $65k as Whales Buy in and Green Bitcoin ICO Exceeds $1.5M

Bitcoin’s price surged above $65,000 today, reaching its highest level since November 2021, as rumors about large investors accumulating the coin started to circulate. The coin’s rally continues to make headlines in the crypto market – and analysts now expect BTC to hit a new all-time high soon. Meanwhile, some traders are keeping a close eye on Green Bitcoin (GBTC), a brand-new project that combines the legacy of Bitcoin with the eco-friendliness of Ethereum. Bitcoin Soars...

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Will ETH Reach $4K This Week or Are Bears Preparing a Correction? (Ethereum Price Analysis)

Ethereum is approaching its all-time high aggressively, with the price on an almost vertical rise. Yet, based on both technical and sentiment analysis, a correction in the short term is looking probable. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been blowing past several resistance levels since rebounding from the $2,200 level at the beginning of February. The market is currently testing the $3,500 resistance level and is yet to break...

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Ethereum Bulls Are Unstoppable as ETH Price Breaks Above $3,500 in Anticipation of Dencun Upgrade

CoinspeakerEthereum Bulls Are Unstoppable as ETH Price Breaks Above $3,500 in Anticipation of Dencun Upgrade The anticipation surrounding the Dencun upgrade has undoubtedly contributed to the recent bullish sentiment in the Ethereum market. Ethereum Bulls Are Unstoppable as ETH Price Breaks Above $3,500 in Anticipation of Dencun Upgrade

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Ripple (XRP) Price Poised for a Massive Breakout in March: Analysts

TL;DR Analysts predict a bullish future for XRP, expecting a substantial price increase to nearly $2 by July due to technical indicators and market factors. Optimism is fueled by Ripple’s legal developments and the Bitcoin halving event, with some predictions suggesting XRP could reach all-time highs beyond $5.85. Where Is XRP Headed? Ripple’s XRP has not recorded the same spectacular price ascents as other cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), Solana...

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Bitcoin and Ether Dominate Institutional Portfolios: Bybit Report

The crypto market’s rally clearly indicates that institutions have shown a stronger preference for Bitcoin and Ether, allocating approximately 40% each to these top assets. As of January 31st, 2024, these entities have dedicated 15% to stablecoins and only 5% to alternative coins. A new report by Bybit suggests that institutional portfolios have become significantly more focused, increasing from 50% to 80% over the past few months. In contrast, retail investors display a...

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Shiba Inu (SHIB) Price Explodes 130% in a Week: Here’s How Many Holders are Currently in Profit

TL;DR Shiba Inu experienced a substantial price increase, outperforming major cryptocurrencies and bringing profits to a majority of its holders (at least on paper). Its market cap rose notably, making it one of the top digital assets, but the token remains a risky investment due to its volatility. Shiba Inu’s Massive Resurgence The second-largest meme coin – Shiba Inu – was not among the best-performing cryptocurrencies last week when the market started booming. However, it...

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Bitcoin With a Monster Monthly Candle, Solana Explodes, Memes Soar: This Week’s Recap

What a week! Better yet, what a month! Did you know that Bitcoin has never had a month as good as February 2024? That’s right, the cryptocurrency closed its best-yet candle, and we haven’t even gone through the halving yet. The pre-halving anticipation of higher prices is palpable as spot Bitcoin ETFs continue to see outrageous inflows. The total cryptocurrency market capitalization exploded to $2.4 trillion (per CoinGecko) as BTC charted a 21.3% increase in the past seven...

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