Standard Chartered reaffirmed its bullish Ethereum price targets, expecting ETH to reach $4,000 by the end of 2026 and $40,000 by 2030, despite ETH recently dropping below $2,000. The bank's research compares Ethereum's current slump to Amazon's 2001 tech bubble crash, highlighting strong network usage metrics even as prices fall. Retail investors are buying the dip, while institutional investors are selling, with some predicting ETH could fall below $1,500 by year-end. The outlook depends on Ethereum's ability to convert network growth into token value, amid debates on value accruing to apps and Layer 2 solutions rather than ETH itself.
Bitcoin fell 2% in 24 hours, dropping below its key resistance near $74,000, signaling a possible repeat of midterm-year bear market patterns seen in 2018 and 2022. Analyst Benjamin Cowen noted the rally lacked strong follow-through, suggesting furth...
USDT (Tether) trading volume has increased significantly across major cryptocurrency exchanges due to heightened volatility in Bitcoin and other altcoins. Traders are using USDT as a stable liquidity asset to manage risk and maintain market exposure ...
Ethereum dropped below the key $2,000 support level for the first time since March, hitting a low of $1,967 and sparking bearish moves among large holders. Several whales opened significant short positions, signaling growing pessimism, while retail i...
During a recent market downturn, traders moved over $35 million into the stablecoin Tether (USDT), signaling a defensive shift away from riskier assets like Bitcoin and major altcoins. This influx reflects increased market volatility and uncertainty,...
Ethereum's price has dropped below the key $2,000 level after weeks of weak recovery attempts, sparking concern among analysts about further declines. Retail traders are unusually optimistic, calling to "buy the dip," but experts warn this optimism m...
