Tag Archives: Ether

5 Million Strong: Active Ethereum Wallets Drive Strong Momentum

Posted on by — No Comments ↓

According to veteran trader Peter Brandt, Ethereum might have just seen its future looking brighter. Known for his technical forecasts, Brandt feels the altcoin is on the verge of a bullish turnaround. He’s identified an inverted Head and Shoulders formation on the daily chart of Ethereum. This is one of the most classic buy signals… Continue reading 5 Million Strong: Active Ethereum Wallets Drive Strong Momentum→

Ethereum (ETH) About To ‘Catch Up On BTC’, Is It Ready To Reclaim $3,000?

Posted on by — No Comments ↓

Following the market’s recent performance, Ethereum (ETH) attempted to break out of a bullish formation. Some analysts believe the cryptocurrency is preparing to catch up with Bitcoin and aim for March highs. Ethereum Getting Ready To Challenge BTC This week, Ethereum has successfully reclaimed the $2,500 support zone following the market’s recent performance. The second-largest… Continue reading Ethereum (ETH) About To ‘Catch Up On BTC’, Is It Ready To Reclaim $3,000?→

Bad Decisions By Ethereum Foundation Hurt ETH Price, Hedge Fund CIO Says

Posted on by — No Comments ↓

Zaheer Ebtikar, the Chief Investment Officer (CIO) and founder of Split Capital—a hedge fund specializing in liquid token investments—has attributed the Ethereum underperformance over the last months to strategic missteps by the Ethereum Foundation and structural shifts in crypto capital flows. In an analysis shared via X (formerly Twitter), Ebtikar writes, “Independent of the myriad… Continue reading Bad Decisions By Ethereum Foundation Hurt ETH Price, Hedge Fund CIO Says→

$6 Million ETH Sale: Ethereum Foundation Joins Whale Liquidation Frenzy

Posted on by — No Comments ↓

The Ethereum Foundation was at the center of attention recently concerning a liquidation plan it has set in place to sell parts of its Ether balance. According to the on-chain tracker Lookonchain, a wallet linked to the foundation moved 2,500 ETH, valued around $6 million, to the exchange Bitstamp on October 8, 2024. This is… Continue reading $6 Million ETH Sale: Ethereum Foundation Joins Whale Liquidation Frenzy→