Since the start of the year, all eyes—and wallets—have turned toward Ethereum. Traders are bullishly eyeing a price breakout, fueled by Bitcoin’s recent new all-time high, BTC. Here’s why the next few months look bright for the cryptocurrency. A large percentage of its supply is staked, institutional inflows are increasing...
The world of cryptocurrency is an ever-changing landscape, and changes in the market for Ethereum have recently made waves and has everyone buzzing. BlockOpulent.com decodes the latest buzz: a substantial $148.5 million net inflow into Ethereum spot ETFs on July 3. This increase is not just a passing trend. It’s...
Ethereum, previously the domain of the crypto-enthusiast, is quickly becoming a major player in the institutions’ eyes. BlackRock, Fidelity, and other large institutional investors are waking up to its potential, creating meaningful momentum within the Ethereum ecosystem. In this article we will take a look at how institutional adoption is...
The euphoric winds of change are blowing through the crypto landscape, and all signs indicate an imminent altcoin season. Is it institutional investment, which is indeed surging now that Bitcoin and Ethereum ETFs have started winning acceptance? Such momentum would tremendously elevate a slew of altcoins. Dublin-based analyst Miles O’Connor...
The glitz and glamour of EthCC in Cannes, held in a venue usually reserved for film stars, screams one thing: Ethereum is going mainstream. Pat yourselves on the back, everybody—huge success! Now, blow the trumpet, because the “suits” are coming to town. I'm here to tell you that this institutional...
$134.1 million flowing into Ethereum. Headlines shout “institutional demand!”, “bullish outlook!”, “ETF inflows!”. Cathy Wood’s probably doing a victory dance. Before we pop the champagne and hail our new institutional overlords, let's ask a harder question: At what cost does this "revolution" get televised?Is Decentralization Becoming a Myth?We were promised...
Currently, Ethereum sits a crucial juncture in its price action. For now, the $2,600 figure has emerged as an important resistance level for the cryptocurrency. Market analysts are intently watching to see if Ethereum has got what it takes to overcome this resistance level and continue fueling its bullish trend....
Ethereum (ETH) is returning bullish with high momentum supported by strong institutional buying and climbing up to breakout recently above important resistance levels. The new crypto craze shot up close to 44% this week, increasing from just over $1,800 to an all-time high of over $2,600. Now, it goes for...
