The price of Ethereum has surged to $2,270, marking its highest point since May 2022. This significant climb is drawing attention from institutional investors who are placing their bets on the cryptocurrency reaching $3,000 by the end of the year. The renewed interest and investment from institutional players are contributing to Ethereum’s bullish momentum, signaling…
Big investors are getting into trusts linked to Ethereum (ETH) a bunch. They seem to really like ETH 2.0, thinking it shows the project is going to do well for a long time. More money has been going into Ethereum (ETH) trusts and ETFs since November 23. Currently, according to CryptoQuant, the Ethereum Funds Holdings…
Even though regulators took action against Binance, the price of Ethereum went above $2,000 due to increased activity on its network and optimism about a spot ETF approval. Ether (ETH) is currently priced at $2,067, showing a slight increase on November 23. It has managed to stay above $2,000, having briefly dipped to $1,930 on…
Fidelity, a big asset management firm handling over $4.5 trillion, has officially applied to create an Exchange-Traded Fund (ETF) for Ethereum. This move comes after BlackRock, another asset management company, submitted their application for an Ethereum ETF just last week. Fidelity Investments is now the seventh-largest asset management firm in the United States to seek…
Cryptocurrency investors are perpetually on the lookout for promising decentralized coins to diversify their holdings, especially amidst Ethereum’s continuous growth. One such coin that has garnered attention is NuggetRush (NUGX), a forthcoming rival to Dogecoin. NuggetRush has gained recognition due to its unique approach to meme culture and a recent 20% price surge, prompting further…
In the last 24 hours, the price of Ethereum (ETH) increased by more than 3.6%, reaching $1,893.51. Notably, just before this surge, a significant player withdrew $16 million worth of ETH after depositing 31.8 million USDT on Binance. The technical indicators on ETH’s daily chart also indicated the potential for its price to continue rising…
The Ethereum network is expanding as new addresses are being created, and data from derivatives markets suggests growing confidence in Ethereum’s future. This optimism could potentially drive ETH’s price higher in the coming days. While Solana, XRP, and Cardano are getting a lot of attention in the altcoin market rally, Ethereum (ETH) has been quietly…
The price of Ethereum is gradually increasing and approaching the $1,850 resistance against the US dollar. To sustain this upward momentum, Ethereum needs to surpass the hurdles at $1,820 and $1,850. Ethereum is currently encountering a significant obstacle around the $1,850 area. Despite this, it’s trading above $1,780 and remains above the 100-hourly Simple Moving…
The price of Ethereum has experienced a significant breakout after forming a double bottom pattern. This suggests that it may continue its upward trend towards the $2,000 mark. Today, the overall cryptocurrency market is in a state of excitement. Altcoins have joined Bitcoin in driving the entire crypto market up by 7.5%, increasing the total…
Some Stan Chartered experts think Ethereum’s price will reach $8,000 in two years. But, there are also people who are worried about a drop in Ethereum’s activity. In early October 2023, Ethereum (ETH), the second-largest cryptocurrency in the world, had a strong start but then faced a lot of selling, causing its price to drop…