Eric Jackson, a founder of his fund EMJ Capital, says Ether could one day skyrocket to $1.5 million. Jackson’s outlook arrives as US spot Ether ETFs have generated $1.41 billion in ETF volume. He believes the real catalyst for Ether is still ahead: staking approval, expected before October.Jackson said all...
Ethereum, the second-largest cryptocurrency, is currently trading at just under $3,040 and according to these analysts, poised for exponential growth. The crypto has successfully processed multiple upgrades in recent years, notably the Ethereum Merge and EIP-1559. Together, these upgrades have transitioned Ethereum from a proof-of-work system to an environmentally-friendly proof-of-stake...
Ethereum is undergoing a historic supply squeeze as an increasing amount of its total supply gets locked in staking mechanisms. This drop in Ethereum available on exchanges comes alongside significant price movements and longer-term relative value trading strategies seen in institutional clients.As we’ve seen with Ethereum steadily leaving exchanges, this...
Ethereum did show immense strength, closing above a critical resistance level and even climbing as high as $3,039 for a brief moment. The rush is driven by increasing ETF inflows, improving tech in its core blockchain, and a boom in its Layer-2 ecosystem. Ethereum has all the makings of a...
To that end, Joe Lubin-chaired SharpLink Gaming has handsomely positioned itself with the shrewd purchase of 16,373 ETH ($48.85 million). This monumental investment, made possible through Galaxy OTC, temporarily moved Ethereum prices above the $3,000 threshold. The company intends to stake and restake the purchased ETH, permanently removing some of...
SharpLink Technologies just added an undisclosed number of Ethereum-related assets to its portfolio as it looks to demonstrate increasing confidence in the cryptocurrency’s long-term potential. This is a significant indicator of institutional interest in Ethereum. The booming DeFi Space and economic value it’s bringing with it is powering this move....
Ethereum has blown through the $2800 resistance level… Ethereum has hit a historic new all-time high! The crypto is up nearly 30% from its June lows just under $2,100, with today’s price sitting around $2,817. This breakout hints at a broader shift in market sentiment. Growing usage of Ethereum’s Layer...
The Ethereum Foundation (EF) has been involved in significant Ethereum (ETH) transactions, selling a substantial amount of ETH just as the cryptocurrency's price surged past $3,000 for the first time since February. These transactions illustrate the deepening engagement of institutional players into the Ethereum ecosystem.As recently as July 11, one...
Alongside Ethereum, Cardano showcased tremendous strength amidst the broader crypto landscape, highlighted by increased on-chain movement and rapid price recovery. Ethereum's accumulation addresses have surged to a record high, while Cardano's price has broken through key resistance levels, signaling renewed investor confidence in these leading blockchain platforms.Ethereum’s number of accumulation...