ETH

The post VanEck’s Ethereum Price Prediction: ETH Price To Hit $22,000 by 2030 with ETF Boost appeared first on Coinpedia Fintech News The investment management firm VanEck recently announced an ambitious Ethereum (ETH) price target of $22,000 by 2030. This comes after the U.S. Securities and Exchange Commission (SEC) approved spot Ethereum Exchange-Traded Funds (ETFs). According to VanEck’s analysis, several factors could drive this potential surge in Ethereum’s price, including positive investor sentiment about the newly approved ETFs, steady improvements…

K33 Researchers are optimistic spot Ethereum ETFs will attract over $4 billion in assets in 5 months. This inflow is poised to stir a growth in the price of the cryptocurrency across the board. Crypto analytical firm K33 Research predicts spot Ethereum Exchange-Traded Funds (ETFs) will attract inflows of $4 billion within the first five months of trading. This translates to 800,000 to 1.26 million ETH or around 0.7% to 1.05% of the entire coin supply. Notably, this projection surpasses…

Ethereum (ETH) saw a significant upswing at the end of May due to the rumors of a spot ETH ETF (Exchange-Traded Funds) approval in the US. This bullish momentum propelled the token’s price from the $3,000 price range to the $3,900 mark. After the approval, the second-largest cryptocurrency has shown a strong performance, consolidating between the $3,700 and $3,800 levels. Some crypto analysts believe ETH is preparing for a crucial test and eye bullish targets above the $10,000 price range…

The post Ancient Ethereum Whale Moves $32 Million ETH To Kraken appeared first on Coinpedia Fintech News An ancient ETH whale has transferred 8,518 ETH worth $32.51 million to the address of a Major US exchange, Kraken. During the ICO, the holder received 100,000 ETH when the price of the main altcoin was $0.311 and sold it after a year. He then stopped and resumed activity three months ago, transferring 29,519 ETH to the address we know today. Since the…

The post Kraken Witnesses Largest BTC And ETH Outflows Since 2017 appeared first on Coinpedia Fintech News Kraken witnessed an outflow of over 49,100 BTC, the largest since 2017. In terms of USD, this is the largest outflow in the exchange’s history, totaling $3.33 billion. It also saw a massive outflow of 572,100 ETH, equivalent to $2.15 billion! Kraken’s BTC reserves dropped to 2018 levels, holding 122,300 BTC. For Ethereum, Kraken’s reserves have fallen below 1 million units. The synchronized…

The crypto world expects the value of Ethereum (ETH) to surpass $4000 following the SEC’s approval of Ethereum ETF, and this expectation hinges on the fact that the approval will bring massive exposure and more mainstreamness to ETH. But it’s not just ETH that is on investors’ radar. Two underdogs, Algotech and Notcoin are equally getting the attention for the right reasons. With Algotech's successful presale and Notcoin’s massive price rally, the underdogs are proving that they can compete for…

The post Michael Saylor’s Bullish Sentiment Regarding Spot ETH ETFs – Prepare For This Rally With These Cryptos appeared first on Coinpedia Fintech News In a turn round of events, Michael Saylor has unexpectedly made a bullish sentiment regarding Spot Ethereum ETFs. Saylor had earlier criticized Ethereum and other cryptos, claiming that these digital currencies were simple investment contracts and that assets such as ETH will never be wrapped in spot ETH ETFs. However, in his recent interview, Saylor has…

The post 69K BTC & 92K ETH Options Expire On 31 May – Is a Massive Sell-Off Coming? appeared first on Coinpedia Fintech News On May 31, the cryptocurrency market witnessed the expiration of significant BTC and ETH options, providing key insights into market sentiment and potential strategies. According to a tweet by Greek Live, 69,000 BTC options and 920,000 ETH options expired, with notable disparities in their respective metrics. BTC & ETH Options Expiry A total of 69,000 Bitcoin…

Shiba Inu has been on the rise this year in terms of burn rate, with the team and the community burning millions of tokens every week. In the current events, the burn rate of Shiba Inu has increased by 600% which is even higher than Ethereum. However, Rollblock is a new DeFi project that is emerging as a major competitor to Shiba Inu. Rollblock’s burn mechanism is unique and is way above that of Shiba Inu. Let us learn about…