Crypto analyst BATMAN has revealed that Ethereum is primed to make a parabolic run to a new all-time high (ATH) of $5,000. The analyst also mentioned the first resistance that ETH needs to break to reach this psychological level. Ethereum Ready To Break Out And Reach $5,000 In an X post, BATMAN noted that Ethereum…
There is a large amount of Bitcoin estimated to have been lost over time, but not much has been said about the amount of Ethereum lost as well. This might come down to the fact that Bitcoin has a much lower limited supply compared to Ethereum. Hence, the possibility of so many lost coins does not have…
Besides storing digital assets, crypto wallets tell stories about the occurrences or trends in the cryptocurrency market. Even more interesting are the stories told by wallets of the bigger participants — the whales. Tracking the transactions of these addresses can offer insight into market sentiment, as they often act as silent signals of future trends….
Ethereum is entering a volatile phase after a powerful multi-week rally. Following a sharp surge that began in late April, ETH recently hit a local high near $3,850 before pulling back slightly and now consolidating below the $3,750 mark. While some investors fear the rally may be losing steam, others see this pause as a…
Ethereum spot ETFs have achieved a historic 17-day consecutive inflow streak, recording $453 million on Friday alone and pushing total assets to $20.66 billion. BlackRock’s ETHA led with $440 million in daily inflows, making it the second-highest flowing US ETF this week. Source: SosoValue The sustained institutional demand has generated $9.33 billion in cumulative inflows,…
Ethereum price has established the $3,500 threshold as a critical launchpad level, while smart money rotation from Bitcoin creates unprecedented institutional demand. ETFs have purchased 1,368,980 ETH this month, compared to only 72,513 ETH minted, effectively buying 18 months’ worth of supply in just three weeks. This supply shock coincides with extreme bearish positioning in…
Ethereum has managed to diverge from the broader crypto market trend, posting gains while the overall market experienced a drop in capitalization. Over the past 24 hours, the global crypto market fell by 5.3%, yet Ethereum registered a 2.4% increase, currently trading around $3,719. This move has drawn renewed interest from analysts, particularly as on-chain…
Ethereum has been gaining ground in recent times, especially among institutional investors, as they believe that the leading altcoin is set to outperform Bitcoin. This is evidenced by the large buys that have dominated ETH as Ethereum treasury companies become a major player in the space. Amid this, billionaire and CEO of Galaxy Digital Investments,…
Ethereum staking validator Everstake has announced that the validator exit queue has reached its highest point in one year. The expert further explained why this development might be a positive for the ETH ecosystem. Ethereum Validator Exit Queue Reaches New High In an X post, Everstake stated that the Ethereum validator exit queue has reached…
After a notable bounce that took place earlier this month, Ethereum, the second-largest digital asset, is surging once again towards the key $4,000 price level. When the altcoin reclaims this level with the current bullish momentum, it is likely to witness a major rally, with popular figures predicting it could outperform Bitcoin this cycle. Galaxy…