If you haven`t sold the top on ETH: Then you need to know that the Chicago Board Options Exchange (CBOE) has announced that five spot Ethereum exchange-traded funds (ETFs) are slated to begin trading on July 23, pending regulatory approval. However, the launch of these Ethereum ETFs could lead to a price decline similar to what was observed with Bitcoin....
#ETH Analysis Ethereum Dumped 15% after #EthereumETFs goes live Breakdown of current support ($3056) will lead it to $2810 again Otherwise, All set to raid a new high
The novel asset class debuted for trading on Wall Street with about a billion dollars worth of trades. But Ether’s price didn’t move an inch. In fact, it dropped, confusing traders who were expecting a more impressive performance by the megacap token. What happened? Ether ETFs Make a Splash on Wall Street Ethereum ( ETH/USD ), the second-largest...
Market Update - July 19, 2024 Bitcoin Rallied Amid Renewed Volatility Linked to Trump's Election Prospects Mt. Gox Moves SEED_TVCODER77_ETHBTCDATA:9B in Bitcoin Ahead of Creditor Repayments Investors Hedge Positions as US Spot ETH ETFs Near Launch Coinbase Shifts Strategy for Gary Gensler Subpoena Hong Kong to Release Stablecoin Consultation Results ...
Celestia's TIAUSD token exhibits promising utility within its ecosystem, primarily serving network security through staking, participating in governance decisions, and incentivizing data availability and validation. Moreover, TIA facilitates transaction fees and rewards, ensuring participant compensation for their contributions. Support and Resistance Zones:...
Why isn't ETH pumping right now? Here are some possible reasons: No capital inflow: The ETFs haven't started yet, so there's no fresh capital inflow. Early buyers: Since the SEC decision earlier this week, many have already bought what they wanted. Regulatory hurdles: Only the 19b-4 filings were approved today, not the S-1 forms. In contrast, the Bitcoin ETF...
#eth #ethereum has formed the divergence in lower time frame. Sudden dump and pumps are expected till the ETF approval decision and later. Not financial advice.
If you find this information inspiring/helpful, please consider a boost and follow! Ethereum appears to be printing a beautiful impulse here. An impulse is a fantastic anchor in Elliott Waves. There are many ways it can develop that could telegraph a potential for continuation, or a reversal. I want to see a completed impulse down here at a lessor degree,...
Bitcoin hangs above $40k as ETF-led rally fizzles: After peaking at FWB:49K immediately after the launch of the ETFs, the price of bitcoin (BTC) has since dropped over 20% in the two weeks following, reaching a low of ~$38.5k on Tuesday. BTC is now trading back at the levels seen at the start of December, retracing the rally experienced in the build up to the...
Taking a peek at the ETH coin on a weekly basis, we see a nice dominance of it where, while BTC is tanking, ETH is pushing!! With more and more rumours about Ethereum ETF, prices seem to follow up the movement of BTC (before the ETF) If we see this kind of move, we might see ETH near $3500 from where we are seeing a very high probability of downward movement or...
Grayscale Ethereum Trust ETF appears to be forming a giant head/shoulders. If it continues in that direction, this would make it bullish in the near-term, up to around 20-21. After hitting 20-21, pay attention to whether it succeeds or fails in confirming the pattern and the succeeding in staying below neckline lows or failing and moving back above the right...
Well, back to Bitcoin and Ethereum as trading pairs for this trader. Gulp, cough cough. These are big freaking whales and waves, I tell ya. WOWie!!! Lots of biting by big sharks (so big, sharkies are called "Whales" LOL! Oh boy this little dogFISH feels tiny after the last few days of surfing. WOW what a way to end a winning streak! Now I have to wash my...