Recent market trends indicate a promising trajectory for Ethereum (ETH), signaling a potential new era of growth for the cryptocurrency. With Ethereum’s price climbing and touching $2,402, suggests a solid bullish outlook driven by various factors. An investment firm’s report by VanEck has highlighted 15 projections for the cryptocurrency landscape
The altcoins have capitalised on the recent bullish momentum while bitcoin price witnessed a brief correction. The Ethereum price has reached its highest point in over 18 months. It wasn’t until early May 2022 that ETH traded above this level. Cryptocurrencies are a new danger to the US, according to
On Thursday, the Bitcoin (BTC) rally hit a snag, making way for other major cryptocurrencies like Ethereum (ETH) and Solana (SOL) to surge to a new 19-month high, spearheading the ongoing crypto market rally. In the past 24 hours, Ethereum (ETH) has witnessed a 6% increase, currently trading at $2,356,
Whales now possess a larger share of Ether than a year ago, according to IntoTheBlock. Recent reports suggested a significant growth in the holdings of Ethereum whales. An increase from 32% in January to about 35% was shown by the figures. There has been a noticeable rising tendency over the
The cryptocurrency markets have surged from a period of consolidation, showing an upswing since the commencement of the final quarter. Over the past few days, the crypto sphere witnessed the liquidation of more than $120 million in leveraged Bitcoin positions, propelling the BTC price beyond the $44,280 mark. Additionally, Robinhood
Surprisingly the US government’s acquisition of bonds via stablecoins, most notably USDT Tether, and the continuous upward trend in Bitcoin happen at the same time. A massive $24 trillion crisis, centered on the dropping value of U.S. Treasury bonds are haunting the financial sector, and this event develops against that
Bybit released a research report that highlighted the strategic movements made by institutional investors and provided insight into their asset allocation interests. The research emphasizes a notable change in asset allocation, particularly within the Bitcoin and Ethereum domains, with an emphasis on the evolving market attitudes of institutional investors. Institutional
The price of bitcoin has been rising sharply, and it is already approaching the $39,000 threshold. A major contributor to this gain is the recent Binance settlement. At first, the market experienced conflicting signals from the $4.3 billion settlement that Binance reached with the US DOJ. However, the market witnessed
Beginning the month of December on a positive note, the price of Bitcoin (BTC) soared beyond $38,500 and is closing in on the $39,000 mark. Once again, Bitcoin showed extraordinary endurance, recovering most of the losses sustained in the catastrophic 2022 market meltdown. As of late, it has eclipsed $38,500,
Ethereum (ETH) continues its bullish trend, reclaiming the $2,100 mark amidst discussions about a potential spot Ethereum ETF (Ethereum-based Exchange Traded Fund) approval by the US SEC. The cryptocurrency’s price surged by 2.90%, reaching $2,108, with a market cap exceeding $251 billion. The recent surge began with multiple factors, including
