Ethereum’s Ether Headed to $5K as Activity, Institutional Demand Grows
“According to ETH’s realized price—the average price at which holders purchased their ETH—the current upper limit for ETH’s price stands around $5.2k,” CryptoQuant said.
Eth
LINK, AAVE Rocket 30% as Trump’s World Liberty Financial Buys $2M Tokens
The AAVE token purchases came as a proposal to float a World Liberty Financial instance on Aave met quorum.
Cardano, XRP Lead Losses Among Majors as Market Slide Liquidates $300M Bullish Bets
The CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market cap, fell 3.6%. Weakness in majors saw midcaps fall as much as 10%, per Coingecko veri.
Ether Risk-Reward Is Attractive Given Recent Underperformance: Bernstein
The world’s second largest cryptocurrency may begin to outperform given the recent inflection in ETF inflows, the report said.
Ethereum ETFs See Record $333M Inflows, Outpacing Bitcoin Funds as Catch-Up Trade Gains Momentum
Improved outlook for the DeFi space and warmer regulatory climate with incoming U.S. administration are main drivers behind the sentiment shift towards ether, LMAX strategist Joel Kruger said.
Ethereum ETFs Inflow Streak Sets Up ETH for New Lifetime Highs, Traders Say
“Given that ETH has lagged behind BTC and SOL in the current rally, its recent strength supports the case for it to retest its all-time high,” QCP Capital said.
Bitcoin Pumps Above $97K, Then Dumps, as Ether, XRP Surge 7%
Crypto majors surged overnight before the Thanksgiving holiday, which has historically delivered market surprises.
Financial
Ethereum’s Ether Has Fallen Out of Investor Favor and How
The market assigns a very low probability of ether challenging its year-to-date high of around $4,000 by the end of December.
Financial
Ethereum Foundation’s Treasury Shrunk 39% Over 2 1/2 Years to $970M
The foundation has spent roughly $240 million since March 2022, and holds most of its treasury in ether, which has slid roughly 22% since the last financial report.
Financial
Post-Election Déjà Vu: Bitcoin Spikes to a New Record High, While Ether and Solana Rally Ahead of FOMC
Bitcoin (BTC) just hit a new all-time high, but Ethereum’s ether (ETH) is the bigger winner.