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Ethereum / US Dollar

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Ethereum is open access to digital money and data-friendly services for everyone – no matter your background or location. It's a community-built technology behind the cryptocurrency ether (ETH) and thousands of applications you can use today.

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Bernstein analysts maintain a $150K Bitcoin price target by 2025 despite slow ETF inflows, citing $12 billion in net inflows since spot bitcoin ETFs launch and strong Bitcoin miner performance. They predict positive outcomes for Ethereum ETFs, potentially boosting ETH and Layer-2 tokens like Arbitrum, Optimism, and Polygon. They also highlight the growth potential in crypto niches and project a total crypto market cap of $7.5 trillion in 18-24 months.

Portfolio Pulse from Ivan Crnogatić

April 30, 2024 | 7:19 am

Bitcoin's short-term holder realized price is at $59,800, with warnings from crypto analyst Ali Martinez that falling below this level could lead to significant price corrections. This comes amid a period of price consolidation, with some analysts maintaining a bullish outlook despite potential corrections, and others predicting bearish momentum for the ETH/BTC pair.

Portfolio Pulse from Benzinga Neuro

April 30, 2024 | 1:26 am

Cryptocurrency analyst Benjamin Cowen predicts further bearish momentum for Ethereum (ETH) against Bitcoin (BTC), suggesting the ETH/BTC ratio's bottom is still months away, likely pending a Federal Reserve policy pivot. Despite a recent market pump, Cowen draws parallels to 2019's pre-rate cut scenario, indicating a potential short-lived rally. Ethereum has seen a 6.66% increase against Bitcoin in the past week but is down over longer periods. The analysis underscores the impact of macroeconomic factors on cryptocurrencies.

Portfolio Pulse from Khyathi Dalal

April 29, 2024 | 5:58 pm

Ethereum (ETH) has seen a 4.28% decrease in price over the last 24 hours, continuing a negative trend with a 2.0% loss over the past week. Its trading volume increased by 42.0%, and the circulating supply rose by 1.04% to 122.05 million, maintaining its position with a market cap of $386.79 billion as the second-largest cryptocurrency.

Portfolio Pulse from Benzinga Insights

April 29, 2024 | 3:00 pm

Bitcoin and Ethereum experienced declines, trading below $63,000 and $3,200 respectively. The global crypto market cap fell by 2.5% to $2.31 trillion. Helium was the top gainer, while Conflux was the biggest loser among the cryptocurrencies mentioned.

Portfolio Pulse from Avi Kapoor

April 29, 2024 | 1:30 pm

The Australian Securities Exchange (ASX) is reportedly on track to approve Australia's first spot-Bitcoin ETF before the end of 2024. DigitalX Ltd., VanEck, and BetaShares are among the entities that have submitted applications. This move follows the U.S. and Hong Kong's approval of Bitcoin ETFs, indicating a growing acceptance of cryptocurrency-based financial products in Asia. Morgan Stanley is also considering recommending Bitcoin ETFs to its clients, highlighting the increasing interest in these products.

Portfolio Pulse from Benzinga Neuro

April 29, 2024 | 9:38 am

The cryptocurrency market experienced significant events this week, including a 2,211.9% increase in Shiba Inu's burn rate, concerns about market overvaluation, Pepe's potential to outperform Shiba Inu and Dogecoin, the role of memecoins in the adoption of Base's L2 network, and Cathie Wood's prediction that Ethereum could reach a $20 trillion market cap by 2032.

Portfolio Pulse from Benzinga Neuro

April 28, 2024 | 11:04 am

Bitcoin (BTC) is facing a potential downturn in the coming weeks, as warned by crypto analyst RektCapital, who draws parallels to the 2016 halving price action. The analyst suggests Bitcoin could be in a 'second danger zone' post-halving, with a critical support zone around $60,000. This warning comes amid a broader cryptocurrency market downturn, with Bitcoin, Ethereum (ETH), and Dogecoin (DOGE) all trading in the red.

Portfolio Pulse from Rounak Jain

April 27, 2024 | 8:57 am

Cryptocurrency markets experienced a downturn, with Bitcoin, Ethereum, and Dogecoin trading lower amid global financial concerns and a significant drop in crypto short liquidations. The total cryptocurrency market cap decreased by 1.07%, and exchange net flows for Bitcoin saw a major decline. Crypto veterans shared mixed views on the future movements of Bitcoin and altcoins, highlighting a period of consolidation with potential for altcoin performance improvement.

Portfolio Pulse from Khyathi Dalal

April 26, 2024 | 8:32 pm

The FBI has issued a warning against using unregistered cryptocurrency services, emphasizing the importance of compliance with KYC and AML regulations. This comes amid actions against non-compliant services and concerns over the regulatory treatment of cryptocurrencies, including a lawsuit by Consensys against the SEC over the classification of Ether as a security. The situation underscores the need for clear crypto regulations.

Portfolio Pulse from Murtuza Merchant

April 26, 2024 | 2:24 pm

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