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Ether price pulled back after a relentless run, but lower levels are likely to attract buyers. Key point: Ether shows signs of being overbought, but a shallow pullback suggests the bulls are not hurrying to the exit. SharpLink Gaming and BitMine Immersion Technologies have been on an Ether (ETH) buying spree to take the mantle…
DeFi’s obsession with maximum decentralization sacrifices performance. Minimum viable decentralization offers a pragmatic path to compete with TradFi. Opinion by: Doug Colkitt, a founding contributor at Fogo To adhere to its ethos of decentralization above all else, the crypto industry often forgets its core user: the trader. What exists today is an ecosystem that has…
Ether Machine’s Andrew Keys said he’s an Ethereum maxi and doesn’t own Bitcoin — he’d “rather have an iPhone than a landline.” Andrew Keys, the co-founder of the new Ethereum investment firm The Ether Machine, argues investors would have made much more money investing in Ether than Bitcoin a decade ago. “The price of Ether…
CryptoPunks remain the top NFT collection by market capitalization, with a valuation of $1.8 billion, according to NFT Price Floor. Ethereum-based non-fungible tokens (NFT) collections took over the latest seven-day sales rankings, accounting for nine out of the top ten collections by total sales volumes. On Monday, CryptoSlam data showed nine of last week’s top…
Ether’s current structure mirrors the Dow Jones’s 1980 bull run, with technical patterns reinforcing the ETH price rally outlook. Key takeaways: Ethereum could surge toward $8,000 as it enters the final phase of a long-term bullish pattern. The pattern is strikingly similar to Dow Jones’s bullish structure from 1980. Read more If you liked the…
Bitcoin and Ether traders are eyeing price milestones into the weekly close, with a resistance trend line keeping BTC bulls from heading to all-time highs. Key points: Bitcoin market participants expect a resistance trend line breakout, with nearby targets including $125,000. Attention continues to focus on altcoins while Bitcoin consolidates, with Ether reaching seven-month highs….
Charles Schwab plans to offer spot trading for Bitcoin and Ethereum, aiming to attract clients who want to consolidate crypto holdings with their traditional assets. Charles Schwab is preparing to expand its crypto offerings by launching spot trading for Bitcoin and Ethereum, according to CEO Rick Wurster. In an interview with CNBC on Friday, Wurster said Schwab clients…
The company holds more than 280,000 ETH in its treasury. It has bought ETH worth $515M in the past nine days. Joseph Lubin-backed SharpLink Gaming has drastically increased the equity it intends to sell to scoop up more Ether — and has added $515 million of Ether (ETH) to its treasury in just the last…
The “hard data” signals that Ether is not due for a correction anytime soon, according to Felix Xu, a partner at crypto hedge fund ZX Squared Capital. Ether’s meteoric rally to $3,600 on Thursday is unlikely to retreat as long as two key macro conditions continue to hold, a hedge fund executive says. “All the…
The US SEC has extended its decision deadline on whether to allow in-kind redemptions for Bitwise’s spot Bitcoin and Ether ETFs on NYSE Arca. The United States Securities and Exchange Commission (SEC) extended its deadline for ruling on in-kind redemptions for two separate crypto exchange-traded funds (ETFs). According to a Wednesday SEC filing, the regulator…