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#SOL Liquidation Long : 132 000 $ à 132,28 $
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Ethereum ETFs Could Drive $15 Billion in Flows by 2025, Predicts Bitwise CIO Amid Rising Bullish Sentiment Ethereum ETFs could potentially attract up to $15 billion in net flows by 2025, as stated by Bitwise CIO. The low outflows in Ethereum Foundation wallets suggest that the bull cycle has not yet reached its peak. Ethereum traders are gradually becoming more bullish again, following a slight increase in the ETH Taker Buyer Ratio. Ethereum (ETH) saw an increase of over 3% on Tuesday, following predictions of ETH ETF inflows from Bitwise and VanEck filing a draft that would allow their ETF to begin trading immediately if approved by the Securities & Exchange Commission (SEC). In a recent analysis, Bitwise CIO Matt Hougan predicted that spot Ethereum ETFs could attract a net flow of $15 billion in their first 18 months. Hougan arrived at the $15 billion figure by comparing Ethereum's market cap to Bitcoin, Grayscale's Ethereum Trust conversion, the international crypto ETP market, and Bitcoin's "carry trade."
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Solana's New Tools Will Make You Rethink Everything You Know About Crypto
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Seven Altcoins Down Over 40% from All-Time Highs: Potential for Recovery with New Developments. The seven altcoins mentioned in the article from FXStreet that are down over 40% from their all-time highs are: Binance Coin ( $BNB ) Cardano ( ADA ) Solana ( $SOL ) $XRP Dogecoin ( $DOGE ) Shiba Inu (SHIB) Internet Computer (ICP) These altcoins have experienced significant price drops but are anticipated to recover due to recent developments and the general positive sentiment in the cryptocurrency market (BeInCrypto) (Gfinity Esports).. The cryptocurrency market has seen significant volatility recently, causing many altcoins to drop over 40% from their all-time highs. Despite these losses, new technological advancements and strategic partnerships suggest a potential for recovery in several altcoins. Here’s a closer look at seven altcoins showing promise: #BinanceTournament Major Losses in the Altcoin Market The recent downturn in the cryptocurrency market has hit altcoins hard, with many experiencing substantial losses. While this has caused concern among investors, the market's history shows that recovery is possible. ## Factors Driving Potential Recovery Technological advancements, strategic partnerships, and expanding use cases are key factors contributing to the optimism surrounding these altcoins. Additionally, a general recovery trend in the broader cryptocurrency market indicates a potential rebound.
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$BTC / USD Outlook Bitcoin Testing Psychological 60K Support After 4% Drop on Monday $BTC / $USDC Bitcoin experienced a significant 4% decline early on Monday during US trading, marking its largest single-day loss since April 30. This fresh downward momentum is challenging the psychological 60K support level, which is also close to the 76.4% Fibonacci retracement of the 56427 to 71929 rally. Extended daily indicators suggest that bears might encounter increased resistance as they approach the 60K pivot. Any upward movements are expected to remain below the base of the thick daily cloud at 64214, maintaining bearish pressure and potentially offering better selling opportunities. A sustained break below the 60K zone could pave the way for a test of the 200-day moving average (57331) and the crucial support level at 56427, which is the low from May 1. Resistance Levels:* 62349; 63235; 64214; 64815 Support Levels:* 60085; 60000; 58608; 57331
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The Best Cryptocurrencies to Buy in 2024: A Comprehensive Guide
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