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Ethereum enthusiasts are keeping an eye on $2,520, but experts are warning of a possible sharp decline. In this volatile scenario, CYBRO and Uniswap emerge as safer alternatives. In this article, we will delve into why these coins have the potential for more stability and growth. Discover which investments hold promise despite Ethereum's uncertain trajectory and explore the reasons behind analyst recommendations. CYBRO overcomes market headwinds and powers DeFi investments with smart AI solutions CYBRO is The power of artificial intelligence Maximize your earning potential with the Blast blockchain. Although still in its early stages, this groundbreaking project has already…
Analyst and trader Kevin Svenson is bullish on Bitcoin (BTC) as the leading crypto asset breaks out of a bullish reversal structure. In a video update, Svensson told his 79,800 YouTube subscribers that Bitcoin appears to be forming a descending wedge pattern on the four-hour chart. The descending wedge formation is a bullish reversal pattern, suggesting an upward trend as seller momentum declines. According to Svensson, the completion of the descending wedge pattern could indicate a local bottom for Bitcoin. “As long as the stock market remains stable, I think Bitcoin should be close to completing this pattern. Maybe it…
SEC postpones decision on Cboe Ethereum ETF options until December.Bitcoin ETFs are soaring, while Ethereum funds are experiencing negative flows.The SEC announced Friday that it will extend its review of Cboe's proposal to allow options trading on Ethereum-based exchange traded funds (ETFs).A decision was originally scheduled to be made by October 19, but the deadline was postponed to December 3 to allow additional time for evaluation.Cboe's proposal, submitted in August, would allow options trading on Ethereum ETFs from major companies such as Fidelity, Invesco, and Grayscale.The move follows the SEC's approval of 11 Bitcoin ETFs in January and eight Ethereum…
After several days of demoralizing price action, the bulls finally appear to be back in town. The cryptocurrency market has increased in total capitalization by approximately $70 billion in the past 24 hours. This comes as Bitcoin has shown a remarkable recovery in the past 24 hours, jumping up to $63,000, so let's take a look. Bitcoin price encourages recovery Just a few days ago, Bitcoin fell below $60,000 and at one point fell below $59,000. Fortunately, the bulls were able to recover very quickly and make an impressive rally that peaked at around $63,400 earlier today. The price has…
Cover image (via U.Today) Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe all content is accurate as of the date of publication, certain offers mentioned may not be currently available. Qiao Changpeng, co-founder and former CEO of Binance, the world's largest cryptocurrency exchange, has issued an important warning…
The new Spot Ethereum ETF has struggled to gain traction. Should I be worried? Good news for Ethereum (Ethereum 1.65%) Investors know that the world's second most popular cryptocurrency is still up just 6% for the year. The bad news, however, is that Ethereum's price has fallen by nearly 25% in the past three months. Additionally, Ethereum’s performance has decreased significantly Bitcoin (Cryptocurrency: BTC)an increase of 50% over the year. As a result, billionaire fund managers appear to be selling off their Ethereum positions, indicating that a recovery may not happen soon. So if a billionaire decides to sell this…
Founder Michael Saylor said investors can earn higher returns from Bitcoin than from any other asset.The company expects the price to reach $13 million and intends to continue buying.2025 marks the beginning of the “digital gold rush.”MicroStrategy's ultimate goal is to become a Bitcoin bank.The company won't be lending out Bitcoin anytime soon like banks. But founder Michael Saylor said Wednesday that the company could profit from its core business of capital markets arbitrage.“The ultimate goal is to become a major Bitcoin bank or merchant bank, or even a Bitcoin financial company,” Saylor said in a fireside chat hosted by…
A crypto analyst and trader says Ethereum (ETH) is poised to fall to levels last recorded in late 2023. An analyst known by the pseudonym Kapo told 104,092 Telegram subscribers that Ethereum could fall by more than 26% from current levels. “Ethereum has been hovering between $2,000 and $2,800 for two months. It seems to be an accumulation range. But as we have said in the last few days, it will go from $1,800 to $2,000 (spring phase of the accumulation scheme). Final adjustments are likely to be made before expansion. Source: Capo/Telegram At the time of writing, Ethereum is…
8:05 ▪ 4 Minimum read time up to ▪ Micaiah A. Millennials have always been at the forefront of adopting new financial technologies. A recent study by Schwab shows that this group of investors is increasingly turning to cryptocurrencies, primarily through ETFs. This report reveals their strong interest in digital assets, placing them at the top of their investment priorities for next year. Why Millennials are betting on crypto ETFs It has long been known that millennials are adopting cryptocurrencies in large numbers. However, research conducted by Schwab revealed that: Almost half of millennials surveyed plan to invest in crypto…
Sponsored post* Recent market analysis points to a surprising trend. The Cardano (ADA) and Ripple (XRP) whales are quietly leaving. One of the investments they allegedly made is the upcoming Ethereum token, which has incredible growth potential. This Ethereum-based gem, RCO Finance (RCOF), is gaining attention with its ambitious goal of a 4,000x rally that could shake up the DeFi space. A massive bull market could be in the offing as Cardano and Ripple whales take aim at potential buyers. Cardano (ADA) is likely to enter a crisis phase Crypto analyst Ali Martinez believes Cardano (ADA) is in the “panic”…