The recent trading activities of Ethereum have highlighted a crucial point in its trading journey, as it forms a bearish triangle pattern. This pattern indicates a potential significant breakout, with the possibility of a sharp decline towards the $2,160 target. The detailed technical analysis of Ethereum’s price action emphasizes the importance of this bearish triangle
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The US spot Ethereum ETFs saw a significant inflow of $4.9 million on Monday. Notably, Grayscale Ethereum Trust (ETHE) did not experience any withdrawals, marking a notable shift since its conversion to an ETF after 14 days of outflows. This positive trend in inflows showcases a growing interest in Ethereum among US investors. Monday’s trading
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Sui (SUI) has experienced a remarkable 70% increase in price over the past week, reaching around $1. This surge was primarily attributed to the launch of Grayscale’s Sui Trust, which focused on investing in the underlying asset. The introduction of the Grayscale Bittensor Trust also contributed to the excitement surrounding SUI. Industry experts and analysts
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An analyst, known as ‘Sensei’, recently shared an optimistic forecast for Bitcoin (BTC) on X (formerly Twitter). According to Sensei, Bitcoin has the potential to reach $72,000 in the near future. This prediction is based on a chart that outlines two parallel trend lines tracing Bitcoin’s recent price movements. Sensei believes that Bitcoin’s price could
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The latest data from crypto asset manager CoinShares has revealed a significant comeback in the crypto market, with digital asset investment products seeing $176 million in inflows last week. According to James Butterfill, head of research at CoinShares, this surge in inflow signals strong positive sentiment across the board, particularly in Ethereum-based funds. Ethereum products
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