Ether is Now the Largest Institutional Crypto Asset: Bybit Research
Ether is now the largest single asset held by institutions, with Bybit speculating that this may be because of a potential upward swing from the Dencun upgrade
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Ether’s Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein
The amount of ether held on exchanges is at an all-time low of 11%, a sign that more of the cryptocurrency is being locked up for DeFi, the report said.
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First Mover Americas: Bitcoin Correction Could Be Approaching
The latest price moves in crypto markets in context for Feb. 26, 2024.
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Ether, Mantle Lead Crypto Majors as Bitcoin Traders See Prices Correcting to $48K
“Without a bounce from here, we could see a deeper correction begin, potentially as low as $47,000-$49,000,” one trader said.
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Ether ETFs Unlikely to Cause a ‘Bubble,’ Traders Say
Interest in ether bets rose significantly after the approval of spot bitcoin ETFs in January sparked optimism among ETH traders.
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Ether’s $3K Breakout Partly Fueled by Dealer Hedging, Analyst Says
Options dealers likely bought ETH in spot/futures market to hedge their short positions in call options, adding to bullish momentum, BloFin’s Griffin Ardern said.
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Ether’s Triangle Breakout Could Push It to New All-Time High of $5.2K: Kraken OTC
Ether rose above $3,000 earlier this week, the highest level since April 2022.
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Liquid Restaking Protocol Puffer Rakes in $1B in Deposits in Just 3 Weeks
Liquid restaking protocols are seeing ample demand from users as speculation mounts over potential applications for the Ethereum restaking juggernaut EigenLayer, and the prospects for rewards paid out to early users.
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First Mover Americas: All Eyes on Ether
The latest price moves in crypto markets in context for Feb. 19, 2024.
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Ether’s Fundamental Supply Outlook Better Than Bitcoin’s, Analyst Says as ETH Tops $2.9K
Ether has rallied 16% in seven days, outperforming bitcoin’s 8.5% rise.