Standard Chartered reaffirms a $40,000 price target for Ethereum by 2030, highlighting a disconnect between ETH's current price around $2,000 and its robust network activity and DeFi dominance. The bank compares Ethereum's situation to Amazon after the dot-com crash, noting record transaction volumes and over half of global DeFi liquidity on Ethereum's network. They expect Ethereum's price to double to $4,000 by year-end and eventually reach $40,000 if Bitcoin hits $500,000 and the ETH/BTC ratio returns to 0.08. Risks include regulatory challenges and DeFi security issues, but the bank sees Ethereum's shrinking supply and growing demand as bullish factors.
Arthur Hayes reversed his crypto strategy by purchasing over $3.7 million worth of Ethereum after selling 6,000 ETH at a loss of about $606,000 just weeks prior. This move follows his pattern of bold crypto trades and quick exits, which have drawn cr...
Ethereum is gaining strength, trading near $1,920 after surpassing its 26-day and 50-day EMAs, signaling renewed buying interest. The next key resistance is the 100-day EMA at around $1,944; a daily close above this could lead Ethereum toward the 200...
ETHSystems, a new Ethereum-focused non-profit backed by Bitmine Immersion Technologies and Ethereum co-founder Joe Lubin, aims to enhance privacy on the Ethereum network for institutional use. This marks the third non-profit stepping in as the Ethere...
Ether has surged about 11% over the past week, outperforming other major cryptocurrencies like Bitcoin, which rose 4%. This rise is driven by $96 million inflows into U.S. spot ether ETFs, mainly BlackRock’s low-fee funds, while Grayscale’s higher-fe...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
