Spot Ethereum ETFs have hit a major milestone of their own, surpassing $4 billion in net inflows. That increase is more than $1 billion in only 15 trading days. This swift surge highlights the growing demand and investor appetite for Ethereum-based investment products.Yet by the end of June 23, spot...
The narrative is tempting: Ethereum dips, whales swoop in, and voila, a bullish signal. We’re told they're "buying the dip," scooping up ETH at bargain prices, a sign of confidence in the asset's future. Analysts point to the growth in wallets that hold 10,000 ETH as a bullish sign. These...
For reference, the Altcoin Season Index today is at 14. With such a low score, it’s a glaring indication that Bitcoin obviously still rules the altcoin market. This extremely low value made a two-year low on June 23. It’s a sign that the dreamt-of altcoin season is still a ways...
It’s a great time for Cryptocurrencies Bitcoin’s dominance of the cryptocurrency market is an issue of contention once again. Renowned crypto journalist Scott Matherson at Bitcoinist offers piercing analysis on what this means for altcoins. Regular readers will recognize Matherson by his byline on some of the most thought-provoking and...
In the world of cryptocurrency, Benjamin Cowen is perhaps the most recent to skyrocket to 1 million followers on X. He is expecting a multi-month correction for Bitcoin and advises caution around altcoins. Cowen says Bitcoin will lose its $100,000 support level and drop back down to its bull market...
Ethereum (ETH) is having a pretty bad run lately. It has recently fallen below the key $2,500 price point, where it is encountering increasing bearish pressure. Since its all-time high, the cryptocurrency faced a healthy pullback, very briefly hitting the support area around $2,200. Yet even amid these headwinds, technical...
The crypto landscape is once again about to be rocked by seismic change. With the debut of Bitcoin and Ethereum ETFs, the market is now preparing for the expected onslaught of altcoin ETFs. Whether you’re a long-time crypto veteran or just taking your first steps into the space, knowing what’s...
It’s a wild ride, this crypto market, right? Last week’s plunge, largely driven by fear over overt global hostility, rattled a lot of nerves. Bitcoin wobbled, Ethereum stumbled. Bitcoin’s recent months of glory came to an abrupt end in the second week of March. And so the news media is...
Prometheus, a lesser-known analyst on X, has nevertheless become an altcoin oracle, accurately predicting the start of each altcoin rally. The chart on $TOTAL3ESBTC is the basis for this prediction. This is the chart that’s been tracking the total altcoin market capitalization divided by Bitcoin excluding stablecoins. Prometheus’ analysis would...
The world is shouting altseason, but are you really ready, or just out here doing what the crowd is telling you to do? From my vantage point in Tokyo, I see a market filled with hope and excitement. This promise hides the promise that dilation depth often leads to overdose....
