Citi Forecasts Ether Price to Drop to $4,300 by Year-End
Citi's new analysis anticipates a decline in ether's value, heavily influenced by recent network activity and growth in layer-2 solutions.
Recent in
Citi's new analysis anticipates a decline in ether's value, heavily influenced by recent network activity and growth in layer-2 solutions.
According to Standard Chartered, Ether (ETH) is positioned to benefit more in the digital asset treasury landscape compared to Bitcoin (BTC) and Solana (SOL) due to favorable funding and growth factors.
BitMine recently reported its Ether treasury has crossed 2.15 million coins, driven by a rising stake in Eightco, a Worldcoin-affiliated firm.
Insights on market movements as Bitcoin fails to maintain significant prices while Ether sees rising interest among whales.
The upcoming Fed rate cut on September 17 could influence the prices of Bitcoin and Ether, impacting market sentiment significantly.
On Friday, Bitcoin and Ether experienced significant gains, reaching their highest values in three weeks as interest returned from investors.
Despite significant outflows from ether ETFs, the cryptocurrency has seen gains of over 16% in the last month, aided by new regulations.
The recent decline in Ether ETFs highlights a significant shift in investor sentiment, contrasting sharply with Bitcoin.
Yunfeng Financial Group expands its investment strategy in Web3 with a significant ether treasury initiative.
Bitcoin experienced a challenging August that erased its summer rally, while ether attracted significant capital. Analysts predict that September might be challenging as well.
A snapshot of the latest trends in cryptocurrency markets, highlighting ETF investments and expectations for institutional interest in altcoins.
ARK Invest has made a significant investment in Bitmine, a leading corporate holder of ether, purchasing over $15 million in shares.
Ether's open interest on the CME has set a new record, revealing increased institutional engagement with the cryptocurrency.
Bitcoin remains steady above $111,000, showing a smaller gain than the CoinDesk 20 Index.
Gemini has announced that it now allows all customers in the U.K. to stake ether and solana, following the opening of its first permanent office in London.
A significant percentage of ether’s supply has been acquired by treasury companies and ETFs, indicating potential undervaluation, as per Standard Chartered’s forecast.
Amid a drop below a significant moving average, Bitcoin's technical situation has soured, yet XRP, Ether, and Solana are showing resilience.
The upcoming expiry reveals strong demand for Bitcoin put options, highlighting a market preference for downside protection.
The crypto market faces downward pressure with Bitcoin falling back to its inauguration price while Ether drops sharply.
ETHZilla's board has authorized a significant stock buyback, enhancing its Ether treasury strategy.
Every week we share the most relevant news in tech, culture, and entertainment. Join our community.
Your privacy is important to us. We promise not to send you spam!