The current crypto market is facing a turbulent phase, with Ethereum experiencing a significant downturn of nearly 15% in the past week. This negative price performance has led Peter Schiff, a well-known economist and critic of cryptocurrencies, to project a grim prediction for Ethereum. According to Schiff, Ethereum could plummet to as low as $1,500,
Ethereum
Ethereum (ETH) has been facing a tough time in the recent cryptocurrency market bloodbath. With a 9% price decline in the past week, ETH is currently sitting at the $3,130 level. The market is watching closely as key levels are being tested to avoid further losses and liquidations. As highlighted by crypto analyst “Inspo Crypto,”
Ethereum (ETH) is currently facing a significant downturn, with its price rapidly approaching the crucial support level of $3,051. This sharp decline has brought about increased selling pressure and growing bearish sentiment in the market. Traders are closely monitoring Ethereum’s behavior as it nears this critical threshold, looking for signs of either stabilization or further
Ethereum’s price faced a setback after reaching the $3,500 mark on Monday, dropping back to the $3,400 support level due to a delay in the full approval of Ethereum ETF applications by the Securities and Exchange Commission (SEC). The SEC was expected to approve the applications by July 2, but issuers were requested to submit
Samuel Edyme, also known by his nickname HIM-buktu, is a multifaceted individual who wears many hats in the world of web3 content writing, journalism, and trading. His career has seen him contributing to leading industry publications such as AMBCrypto, Blockchain.News, and Blockchain Reporter. Edyme’s introduction to the cryptocurrency space was far from conventional, as he
As the first spot Ethereum ETFs in the United States are on the brink of launching, experts are projecting a notable price increase for the second-largest cryptocurrency in the market. With discussions between asset managers and regulators reaching their final stages, the US Securities and Exchange Commission (SEC) is expected to approve Ethereum ETFs as
The Chief Investment Officer (CIO) of Bitwise, Matt Hougan, recently shared some insights on the potential inflows that the US Spot Ethereum ETFs could attract. His estimated figures and calculations shed light on the possible scenario that could unfold in the upcoming months. Hougan mentioned in a note to investors that the Spot Ethereum ETFs
In a promising turn of events for the cryptocurrency market, asset managers are eagerly anticipating the launch of new spot Ethereum ETFs, pending approval from the US Securities and Exchange Commission (SEC). Bitwise Chief Investment Officer (CIO) Matt Hougan has shared his insights on the potential of these ETFs, foreseeing significant inflows into the regulated
Dalmas Ngetich, a seasoned crypto reporter, has made a significant impact on the industry with his unique perspective. With a specialization in NFTs, blockchain, DeFi, and blockchain news, combined with a background in mechanical engineering and over a decade of experience in journalism, Dalmas has crafted over 10,000 news and feature articles over the past
Ethereum, the second-largest cryptocurrency based on market capitalization, is currently in a phase of consolidation. This period of stability in the price of Ethereum has left traders and investors uncertain about the future direction of the cryptocurrency. With Ethereum’s price hovering around key support and resistance levels, market participants are cautiously monitoring technical indicators and
