Ethereum (ETH) is making bullish predictions, with one company claiming that it is a hugely mispriced option. This bullish sentiment comes after massive ETH futures liquidations. Secondly, pro-Ethereum sentiment has padded US spot Ethereum exchange-traded funds (ETFs) with a steady stream of cash. Analysts remain bullish on Ethereum’s long-term price...
SharpLink Gaming (SBET) got shellacked, losing a whopping 70% in after-hours trading Thursday. The New Jersey-based, Nasdaq-listed company’s stock market decline came on the heels of an SEC filing recently submitted to the U.S. Securities and Exchange Commission (SEC).The filing, an S-3ASR registration statement, will make available for resale up...
Ether (ETH), the second-largest cryptocurrency by market capitalization, revved up Tuesday morning, quickly climbing over the $2,800 threshold. This increase in the rank all comes from a dramatic increase in spot turnover. Furthermore, we observe ATHs of staked Ether and massive inflows into Ether ETFs (exchange-traded funds).For much of Tuesday,...
An Ethereum whale recently opened a substantial $11.15 million leveraged long position, signaling strong confidence in the cryptocurrency's near-term performance. This decision comes in tandem with a noticeable shift on Ethereum’s options market. As the last 48 hours have unfolded, the mood has shifted to one of almost giddy optimism....
Ethereum also continues to display tremendous price resilience, ripping back above $2,800 after hitting significant support and bouncing back from lower lows. The cryptocurrency’s soaring past major resistance levels reveals that bullish momentum has returned in full force. ETH’s options market is currently experiencing historic levels of activity. Open interest...
The digital asset market is seeing a similar split performance on the day. As Bitcoin hovers around the $25,000 mark with little movement, altcoins like Uniswap, Fartcoin, and Jito continue to make impressive moves. The total market capitalization of the global crypto market is $3.45 trillion, representing a 0.38% growth...
Ethereum (ETH) is approaching an important resistance level, and it’s showing indication of a potential breakout. This recent advancement is fueling hope among investors. Technical indicators Ethereum (ETH) appears to have reclaimed its upward trajectory. The $2,790 resistance serves as a significant bearish trend line. Such an upward movement would...
Ethereum (ETH) is on a tear, generating serious bullish momentum. It has managed to overcome a formidable resistance level that kept its price action in check since the middle of May. Analysts remain cautiously optimistic, citing indecisiveness in the market and the need for sustained support to validate further gains....
Ethereum is clearly building some serious momentum. Institutional investors are diversifying their crypto portfolios and turning their focus away from Bitcoin. This change is underscored by record investment into ethereum exchange-traded funds (ETFs) and a new all-time-high in staked Ethereum.All Ethereum ETFS have seen net inflows for the last 15...
Over the past 24 hours, ETH skyrocketed over 13%. This rally was predicated on extremely strong buying pressure and a very bullish market sentiment. The meme-inspired cryptocurrency rose more than 6.5% to $2,744.87, a significant bounce from where it started.The day’s trading session opened with Ethereum (ETH) trading at around...
