Raoul Pal, the CEO and founder of Real Vision, thinks the Ethereum chart is “gorgeous” and expects the coin to increase in the months ahead. Though it is unclear when the coin will break from the current consolidation and extend gains of the recent few weeks, the endorsement from the founder can be bullish for the…
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Ethereum prices might be stagnant at spot rates, weaving around the $1,540 and $1,560 zone, looking at technical charts. However, amid this period of consolidation and holders worrying about Ethereum’s prospects, Kaiko notes that the coin’s open interest has been gradually rising since September 2023. Ethereum Open Interest Rising: What Does It Mean? As of…
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The Ethereum price is hovering around yearly lows compared to the dominant cryptocurrency, Bitcoin. This decline, notable since September 2022, has brought ETH to trade as low as $1,594 at the time of writing. However, amid the concerns about Ethereum’s notable plunge, there are hints of a potential trend reversal, according to the latest report…
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ProShares has filed for an equal-weight Bitcoin and Ether exchange-traded fund, marking the 11th Ether ETF application in less than seven days. The United States Securities and Exchange Commission has been recently inundated with applications for Ether (ETH) futures exchange-traded funds (ETFs), with a grand total of 11 Ether-based filings being submitted in less than…
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