JP Morgan Reveals Likelihood Of Spot Ethereum ETFs Getting Approved
[ad_1] Now that Spot Bitcoin ETFs have been approved by the United States Securities and Exchange Commission (SEC), the crypto space anticipates more ETFs to enter the market, particularly Spot Ethereum ETFs. Despite this, analysts at JP Morgan, an American multinational financial service firm, have revealed a less than optimistic outlook for the potential approval […]
Here Are The Most Bullish Predictions For ETH Price As Ethereum Dominance Rises Against Bitcoin
[ad_1] The sentiments around Ethereum look to be very bullish at the moment as the second-largest crypto token by market cap has seen its dominance surge against Bitcoin. Ethereum’s rise against the flagship crypto token is also significant, as crypto analyst Jaydee recently suggested that it could usher in the altcoin season. Bullish Predictions For […]
Ethereum Bloodbath Incoming? Celsius’ $125 Million Move Threatens ETH Price
[ad_1] The Ethereum price might be doing well post-spot Bitcoin ETF launch, but recent moves by Celsius threaten to destabilize the price movement. The now-bankrupt crypto lender seems to have begun its reimbursement plan to its creditors, as on-chain data reveal the movement of its ETH holdings to crypto exchanges. According to crypto market intelligence […]
American Investment Bank TD Cowen Says Ethereum ETF Will Be Delayed
[ad_1] Despite the United States Securities and Exchange Commission (SEC) granting approval for Spot Bitcoin ETFs, TD Cowen, a prominent American investment bank and financial service firm, foresees potential delays in the approval process of Ethereum Spot ETFs. Ethereum Spot ETF Faces Potential Hold-Up TD Cowen, an investment bank and financial service division of TD […]
Analyst Predicts 100% Rise Against Bitcoin
[ad_1] Crypto analyst Michaël Van De Poppe recently made a bullish prediction for the Ethereum price against Bitcoin in the near future, noting the path for this to happen. According to a social media post by the analyst, price action on the ETH/BTC pair for the next months will center around spot Bitcoin ETFs, with […]
Ethereum Layer 2 Networks Just Set A New Record
[ad_1] The total value locked (TVL) on Ethereum layer-2 networks recently hit a new all-time high in January, a testament to the continued adoption of Ethereum. Layer 2 networks sit on top of the Ethereum blockchain and help scale it by processing transactions off-chain before sending data back to the main blockchain. According to data […]
Ethereum Bearish Falling Wedge Pattern Appears, How Low Can Price Go?
[ad_1] Ethereum has followed the general trend of Bitcoin over the last few weeks and when the asset dipped from its 2023 peak, so did the price of ETH. Following this decline in price, a worrying pattern has appeared on the ETH chart known as a falling wedge pattern. This was brought to light by crypto […]
Ethereum Exchange Balances Drop Drastically, What This Means For ETH Price
[ad_1] Ethereum is currently ranging around $2,200, with its price undergoing a calm volatility in the past 7 days. New data from Santiment has revealed the current sentiment among Ethereum whale addresses, as the total supply on exchanges recently hit a new low. According to the on-chain analytics platform, more than 240,000 ETH have left […]