Ether holds a slight edge over Bitcoin in the short-term as social media chatter around the cryptocurrency is less overheated, says sentiment platform Santiment. “The $ETH crowd hasn’t shown nearly as much bullishness despite significantly better performance over the past 3 months,” Santiment said in an X post on Friday amid the ETH/BTC ratio, which…
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US-based spot Bitcoin and Ether exchange-traded funds (ETFs) just logged their strongest week of trading volume yet, according to an ETF analyst. “Biggest week ever for them, thanks to Ether ETFs stepping up big,” ETF analyst Eric Balchunas said in an X post on Friday. Ether ETFs were “asleep” for 11 months, says Balchunas “Ether…
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Bitcoin’s price chart is starting to mimic the same pattern it did when it reached the previous cycle’s all-time high of $69,000 in November 2021, according to a crypto trader. However, other traders argue that charts don’t tell the full story anymore with mounting demand for Bitcoin (BTC) from crypto treasury companies. Bitcoin charts look…
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Ether could climb to over $8,600 if Bitcoin makes a highly anticipated move to $150,000, according to a trader’s analysis of past bull market trends. “In major bull runs, ETH typically hits 30-35% of Bitcoin’s [market cap],” crypto trader Yashasedu said in an X post on Tuesday, noting that in the 2021 bull run, Ether…
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Bitcoin’s price chart indicates there could be further downside following a stumble on Monday, with Bitcoin falling 2.6% over 24 hours, a crypto analyst said. “Quite ugly daily candle,” MN Trading Capital founder Michael van de Poppe said in an X post on Monday, after Bitcoin (BTC) fell 2.6% from $122,200 to about $119,000 within…
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Strategy executive chairman and Bitcoin maximalist Michael Saylor showed no signs of worry about the growing treasury interest in Ether and other cryptocurrencies. “I think there is an explosion of innovation across the entire crypto economy, and on the margin it is good for everybody in the digital asset space,” Saylor said during a Bloomberg…
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The world’s largest asset manager, BlackRock, should not be allowed to launch a Solana exchange-traded fund (ETF) simultaneously with the US-based issuers who have already filed for one, says ETF analyst James Seyffart. “That’s messed up,” Seyffart told ETF analyst Nate Geraci in a video published to YouTube on Saturday, discussing a hypothetical scenario where…
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Ether saw the largest short position wipeout of the day across all crypto assets on Friday as its price surpassed $4,000, with some analysts saying it could be setting the stage for a short squeeze. The rally led to Eric Trump, son of US President Donald Trump, taking a jab at bearish traders. $4.1K is…
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The odds of an early Bitcoin investor buying the cryptocurrency when it was worth cents and keeping those holdings until today to make them a billionaire are extremely low, says a crypto trader. The trader, known as Techdev, shot down the notion that many traders could’ve held onto Bitcoin (BTC) from its early days in…
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Ether has continued to hold strength, signalling that altcoins may be gearing up for an explosive rally of up to 500% as early as October, says a crypto analyst. However, not all traders are convinced Ether’s (ETH) current uptrend will last. Altcoins may start posting gains by October MN Trading Capital co-founder Michaël van de…
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