Ethereum

On-chain data shows that the Ethereum exchange netflow recently spiked significantly, a sign that could be bearish for the cryptocurrency’s price. Ethereum Exchange Netflow Registered A Large Positive Spike Recently In a new post on X, the market intelligence platform IntoTheBlock has discussed about the latest trend that has been occurring in the exchange netflow metric for Ethereum. The “exchange netflow” here refers to an on-chain indicator that tracks the net amount of any given cryptocurrency entering into or exiting…

After becoming popular in 2021, GameStop faded, but returned in May 2024,  with an impressive rally. However, the hype fizzled quickly, with a whopping $13.1 billion claimed to have been lost by investors. For this reason, investors are becoming less optimistic about GameStop and are now shifting focus towards altcoins with good investment opportunities like Ethereum (ETH), and the new presale token called Raboo ($RABT). Raboo, while in its presale, is experiencing a surge in popularity due to its AI-driven…

Donald Trump’s cryptocurrency holdings exceed $10 million, significantly influenced by the TRUMP memecoin. Ethereum ETF Impact Could Propel ETH to Record Highs. According to recent updates by CNF On-Chain Data Analysis, Donald Trump’s cryptocurrency holdings have notably exceeded $10 million. This surge is primarily attributed to the TRUMP memecoin, which now constitutes $7.1 million of his portfolio. This memecoin, inspired by Trump himself, has seen a staggering increase of 17,200%, showcasing a 129% rise in just the last 30 days…

U.S. SEC’s approval of Ethereum as a commodity through ETFs sets a strong precedent for the asset’s growth. Anticipation of Ethereum ETFs introduces potential volatility but promises long-term stability and investor interest. Kaiko Research views the U.S. Securities and Exchange Commission’s (SEC) approval of spot Ethereum ETFs as a pivotal step for Ethereum’s future. Will Cai, Head of Indices at Kaiko, notes that treating Ethereum as a commodity rather than a security lays a foundational precedent for the treatment of…

The post Bitcoin, Ethereum, and Solana Price Prediction: Raoul Pal appeared first on Coinpedia Fintech News Macro guru Raoul Pal has expressed his bullish sentiment towards the cryptocurrency market, particularly Bitcoin, Ethereum, and Solana. He predicts record-breaking highs during the 2024-2025 bull market and foresees its value skyrocketing from $2 trillion to over $100 trillion in the next six years, marking a 50x increase. In his recent interview with Squiggle, Pal explained why crypto will surpass the fastest accumulation of…

The post Ethereum (ETH) Bulls Be Cautious as More Investors Accelerate Profit Taking appeared first on Coinpedia Fintech News After an impressive rally following the approval of spot Ethereum exchange-traded funds (ETFs) in the United States, ETH’s price against the United States has experienced a significant resistance level of around $3,900. The large-cap altcoin, with a fully diluted valuation (FDV) of about $465 billion and a total circulating supply of around 120 million, is on the cusp of exploding to…

Kaiko Research has stated that the approval of spot Ethereum ETFs is a highly positive sign for ETH’s long-term growth despite potential short-term struggles.  The on-chain analysis firm believes the approval has removed much of the regulatory uncertainty around ETH and its status as an asset class.  ETH Bull Run Imminent  Ethereum saw a significant development last week after the United States Securities and Exchange Commission (SEC) approved spot Ethereum ETFs. The decision came following the approval of 19b-4 filings…

The post Lark Davis’s Bitcoin and Ethereum Price Prediction: Altcoins Rally with Record ETF Inflows appeared first on Coinpedia Fintech News The altcoin market is on fire! Fueled by a surge in value and a decline in Bitcoin dominance, altcoins are experiencing a red-hot rally. The total market cap of altcoins has skyrocketed 15% in just two weeks, reaching a staggering $1.156 trillion. But what’s driving this insane surge? Let’s find out.  Bitcoin ETFs Drive Market Growth In a historic…

Ethereum (ETH) is currently at the forefront of an impending market surge, as indicated by a significant technical breakout. According to crypto analyst Jelle, Ethereum has recently emerged from a bearish pattern particularly breaking out from the “falling wedge” and flipping key resistance into support zones. Jelle reveals that Ethereum is currently pushing for the $4,000 mark which makes the possibility of reaching new heights seems more tangible. This movement marks a significant turnaround from previous trends, setting the stage…