In a surprising turn of events, Justin Sun, the founder of Tron, has decided to jump on the Ethereum bandwagon with a new $5 million investment in the world’s second-largest cryptocurrency. This move comes as a shock to many, considering Sun’s background in Tron and his previous investments in the crypto market. Spot On Chain,
Ethereum
The crypto market is always full of optimism and speculation, with various analysts making bold predictions about the future price movements of cryptocurrencies. One such analyst, known as ‘Bluntz’, has forecasted a significant surge for Ethereum (ETH) to reach an all-time high of $8,000. This prediction is based on the current market conditions and certain
Recently, an Ethereum whale’s transaction has caused a stir within the community, leading to speculation that they might be looking to sell off a significant portion of their holdings. This particular whale transferred a substantial amount of 11,215 ETH, equivalent to $34.3 million, to the popular crypto exchange, Coinbase. Such a move typically indicates a
Semilore Faleti is a cryptocurrency writer who has delved deep into the world of journalism and content creation. His journey began with writing on various topics, but as time passed, he discovered a particular interest and talent for unraveling the complexities of blockchains and cryptocurrency. Semilore is captivated by the efficiency of digital assets in
The recent turbulence in the crypto market, particularly for Ethereum, has been exacerbated by Peter Schiff’s stark prediction that the price of ETH could plummet to as low as $1,500. This projected decline comes at a time when Ethereum is already trading below the crucial support level of $3,000, representing a significant 30% fall from
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been experiencing a significant price decline in the past week. The price has dropped by 9%, bringing it down to the $3,130 level. This decline has raised concerns among market participants as they closely monitor the situation. Crypto analyst “Inspo Crypto” has pointed out that Ethereum’s
Ethereum (ETH) is currently facing a significant downturn, with its price rapidly approaching the crucial support level of $3,051. This sharp decline reflects an increase in selling pressure and a growing bearish sentiment in the market. Traders are closely watching Ethereum’s behavior as it nears this critical threshold, looking for signs of either a stabilization
Ethereum (ETH) price experienced a setback as it dropped back to the $3,400 support level after briefly surpassing $3,500 on Monday. The delay in the price surge is attributed to the SEC’s postponement of the expected full approval for Ethereum ETF applications to July 8. Analysts were initially anticipating approval by July 2, but the
Samuel Edyme, also known by his nickname HIM-buktu, is a multifaceted individual with a diverse range of skills and interests. As a web3 content writer, journalist, and aspiring trader, Edyme has made a name for himself in the crypto space. His journey into the world of cryptocurrencies was not conventional, starting with a scam that
The launch of the first spot Ethereum ETFs in the United States is eagerly awaited, with experts predicting a substantial price appreciation for the second-largest cryptocurrency in the market. The US Securities and Exchange Commission (SEC) is expected to approve Ethereum ETFs by July 4, as discussions between asset managers and regulators reach the final
Bitwise’s Chief Investment Officer (CIO) Matt Hougan recently provided insights on the potential inflows that US Spot Ethereum ETFs could attract. His analysis indicated that these funds could potentially see a significant amount of net inflows within their first 18 months of trading. Market Capitalizations Comparison Hougan based his predictions on the market capitalizations of
The cryptocurrency market is abuzz with excitement as asset managers gear up for the launch of new spot Ethereum ETFs, pending approval from the US Securities and Exchange Commission (SEC). Bitwise Chief Investment Officer (CIO) Matt Hougan has extensively analyzed the potential impact of these ETFs and predicts a significant influx of funds into the
Dalmas is not just another crypto reporter; he brings a unique perspective to the industry. With a background in mechanical engineering and over a decade of experience in journalism, Dalmas has been able to craft over 10,000 news and feature articles over the past eight years. His specialization in NFTs, blockchain, DeFi, and blockchain news
Ethereum, the second-largest cryptocurrency by market capitalization, finds itself at a crucial point as its price consolidates. This period of consolidation has brought about uncertainty among traders and investors, as the price hovers around key support and resistance levels. Technical indicators and market signals are being closely observed to predict Ethereum’s next move. The current