Ethereum (ETH) Price Aims at $6K Next amid Anticipated Altseason
The low demand for Ethereum among institutional investors will soon change as Bitcoin dominance hovers around a major psychological resistance level.
Focus on the ecosystem surrounding Ethereum, the second‑largest network by market cap. Get insights into network upgrades, smart‑contract innovations, DeFi and NFT trends, staking developments and other Ethereum news today.
The low demand for Ethereum among institutional investors will soon change as Bitcoin dominance hovers around a major psychological resistance level.
On-chain data shows that more institutional investors are more interested in Bitcoin compared to Ethereum but the narrative will change soon amid anticipated altseason.
Ethereum co-founder Vitalik Buterin has shared full update on The Splurge and advancements to watch out for.
HKEX’s new index series is the first in Hong Kong to align with EU financial standards.
Ethereum price continues to struggle around $2,500, with the ETH/BTC trading pair reaching its lowest level since April 2021.
Bitcoin is seeing partial recovery to $68,000, with a record $4.5 billion in options expiring today. Ethereum also has a substantial options expiry worth $1.01 billion, or 403,426 contracts.
Ethereum sentiment has turned negative as investors reportedly shift to SOL and ETH.
The US spot Ethereum ETF issuers reported a total net cash outflow of about $20.8 million on Monday, amid a notable whale sell-off on CEXs.
Despite the institutional investors favoring Bitcoin over Ethereum as shown by the US spot ETF market, the latter has outshined the former in the recent bullish breakout.
As part of the upcoming “Scourge” upgrade, Ethereum co-founder Vitalik Buterin addresses the risks of staking centralization in the Ethereum network and proposing several strategies to mitigate these risks.
The rising demand for Ethereum, as shown by notable cash inflows to US spot Ether ETFs in the recent past, is a major boost for the ongoing bullish outlook.
Vitalik Buterin outlined Ethereum’s scalability roadmap, known as “Surge,” aiming for 100,000 transactions per second (TPS) across the mainnet and Layer-2 (L2) blockchains.
Several technical indicators and fundamental aspects point to a potential bullish breakout for Ethereum price in the near term towards its all-time high.
Ethereum price has rebound positively as Vitalik Buterin hinted at plans to enhance the future of the Layer 1 blockchain.
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