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Ethereum bulls halt momentum as whale accumulation signifies ETH may continue outperforming Bitcoin
Ethereum community members favor term 'programmable money' as its new slogan before the approval of ETF S-1 applications.
Santiment analyst expects Ethereum to continue outperforming Bitcoin following sustained whale accumulation.
Ethereum bulls seem to be stepping on the brakes as they await more clarity on S-1 applications.
Ethereum (ETH) followed a sideways trend on Tuesday as the crypto community seems to favor the term 'programmable money' as ETH's one-liner. Meanwhile, whales have continued accumulating ETH despite profiting from the recent price spike.
Ethereum is trading around $3,837 on Tuesday as it enters a sideways movement. While current price movement suggests bulls may be running out of steam, it may also indicate a temporary slowdown until the market receives clarity on conversations surrounding the spot ETH ETF S-1 approvals.
Ethereum community members favor term 'programmable money' as its new slogan before the approval of ETF S-1 applications.
Santiment analyst expects Ethereum to continue outperforming Bitcoin following sustained whale accumulation.
Ethereum bulls seem to be stepping on the brakes as they await more clarity on S-1 applications.
Ethereum (ETH) followed a sideways trend on Tuesday as the crypto community seems to favor the term 'programmable money' as ETH's one-liner. Meanwhile, whales have continued accumulating ETH despite profiting from the recent price spike.
Ethereum is trading around $3,837 on Tuesday as it enters a sideways movement. While current price movement suggests bulls may be running out of steam, it may also indicate a temporary slowdown until the market receives clarity on conversations surrounding the spot ETH ETF S-1 approvals.
Medical Tech Firm Semler Scientific Invests in Bitcoin, Acquires 581 $BTC
Joining the trend initiated by Microstrategy in 2020, another company has reportedly begun holding bitcoin on its balance sheet. Semler Scientific, Inc., known for developing, manufacturing, and marketing products and services for early detection and treatment of chronic diseases, was co-founded by Dr. Herbert J. Semler in 2007. Eric Semler, the company’s chairman, expressed a strong belief in bitcoin’s future.
“Our bitcoin treasury strategy and purchase of bitcoin underscore our belief that bitcoin is a reliable store of value and a compelling investment,” Semler stated. “Bitcoin is now a major asset class with more than $1 trillion of market value. We believe it has unique characteristics as a scarce and finite asset that can serve as a reasonable inflation hedge and safe haven amid global instability.”
Joining the trend initiated by Microstrategy in 2020, another company has reportedly begun holding bitcoin on its balance sheet. Semler Scientific, Inc., known for developing, manufacturing, and marketing products and services for early detection and treatment of chronic diseases, was co-founded by Dr. Herbert J. Semler in 2007. Eric Semler, the company’s chairman, expressed a strong belief in bitcoin’s future.
“Our bitcoin treasury strategy and purchase of bitcoin underscore our belief that bitcoin is a reliable store of value and a compelling investment,” Semler stated. “Bitcoin is now a major asset class with more than $1 trillion of market value. We believe it has unique characteristics as a scarce and finite asset that can serve as a reasonable inflation hedge and safe haven amid global instability.”
A prestigious Swiss university is launching an innovative training program on Bitcoin, paving the way for a deep understanding of cryptos in the business world. However, the high course fee raises questions about its accessibility.
The Zurich University of Applied Sciences (HWZ) plans to launch an unprecedented course in Europe on Bitcoin, aimed at professionals wishing to integrate cryptos into their business model in March 2025.
This intensive 16-day program, priced at 9,950 Swiss francs (nearly 11,000 dollars), promises to deeply explore the ins and outs of the first crypto.
Participants will discover the fundamental economic principles of bitcoin, its impact on traditional finance, and the intricacies of the underlying blockchain technology. The course will also cover the regulatory and legal aspects surrounding this digital asset to facilitate adoption in compliance with the legal framework.
The Zurich University of Applied Sciences (HWZ) plans to launch an unprecedented course in Europe on Bitcoin, aimed at professionals wishing to integrate cryptos into their business model in March 2025.
This intensive 16-day program, priced at 9,950 Swiss francs (nearly 11,000 dollars), promises to deeply explore the ins and outs of the first crypto.
Participants will discover the fundamental economic principles of bitcoin, its impact on traditional finance, and the intricacies of the underlying blockchain technology. The course will also cover the regulatory and legal aspects surrounding this digital asset to facilitate adoption in compliance with the legal framework.
PEPE has become the biggest gainer on a weekly scale and the popular meme coin has only doubled down on its run in the past 24 hours. A further 13% surge since yesterday has propelled PEPE to yet another all-time high of just over $0.000017. In fact, only JASMY has outperformed it on a 24-hour scale.
FLOKI and BONK are also well in the green, with gains of around 13% each. Even though most larger-cap alts are sluggish, Ethereum has taken the main stage with a 3.5% surge. As a result, the second-largest cryptocurrency now trades well above $3,900.
In contrast, DOGE, XRP, TRX, AVAX, NEAR, and BCH are slightly in the red.
The total crypto market cap has maintained its position since yesterday at just over $2.7 trillion.
FLOKI and BONK are also well in the green, with gains of around 13% each. Even though most larger-cap alts are sluggish, Ethereum has taken the main stage with a 3.5% surge. As a result, the second-largest cryptocurrency now trades well above $3,900.
In contrast, DOGE, XRP, TRX, AVAX, NEAR, and BCH are slightly in the red.
The total crypto market cap has maintained its position since yesterday at just over $2.7 trillion.
Ethereum price forecast for 2024: Is ETH headed for a bull run?
The U.S. Securities and Exchange Commission (SEC) approved the first spot Ethereum (ETH) exchange-traded funds (ETFs) last week. Ethereum price has surged in the anticipation of this decision with crypto experts now saying that the bull run has just started.
The wave of positive regulatory news did not stop there as the House of Representatives passed its first crypto bill, and the UK gave the green light to crypto exchange-traded products.
Signs that an approval was imminent appeared earlier in the week when several exchanges amended their filings to exclude staking.
According to Kaiko Research’s latest analysis, the market had been gradually pricing out an ETF approval over the past month amid growing uncertainty around ETH's regulatory status.
“With these approvals, the SEC implicitly stated that ETH (without staking) is a commodity rather than a security. This isn’t just about access to ETH but has significant and likely positive ramifications on how all similar tokens will be regulated in the U.S. with respect to trading, custody, transfer, etc.,” Kaiko Research added.
ETH implied volatility for the nearest expiry surged from less than 60% on May 20 to nearly 90% on May 22 before retreating by the end of the week. This dramatic shift in sentiment was also evident in derivatives markets.
Ethereum price hit a 2-month high on Monday as bulls try to break above the strong resistance zone that is surrounding the $4,000 level.
“For a long time, Ethereum was cornered between narratives, often pursuing trends. We are finally seeing its relative market share catching up to its fundamentals. Bull runs are fueled by attention, inflows, and narratives, and Ethereum has been scoring points on all three fronts lately,” Kiril Nikolov, DeFi Strategist at Nexo.
The U.S. Securities and Exchange Commission (SEC) approved the first spot Ethereum (ETH) exchange-traded funds (ETFs) last week. Ethereum price has surged in the anticipation of this decision with crypto experts now saying that the bull run has just started.
The wave of positive regulatory news did not stop there as the House of Representatives passed its first crypto bill, and the UK gave the green light to crypto exchange-traded products.
Signs that an approval was imminent appeared earlier in the week when several exchanges amended their filings to exclude staking.
According to Kaiko Research’s latest analysis, the market had been gradually pricing out an ETF approval over the past month amid growing uncertainty around ETH's regulatory status.
“With these approvals, the SEC implicitly stated that ETH (without staking) is a commodity rather than a security. This isn’t just about access to ETH but has significant and likely positive ramifications on how all similar tokens will be regulated in the U.S. with respect to trading, custody, transfer, etc.,” Kaiko Research added.
ETH implied volatility for the nearest expiry surged from less than 60% on May 20 to nearly 90% on May 22 before retreating by the end of the week. This dramatic shift in sentiment was also evident in derivatives markets.
Ethereum price hit a 2-month high on Monday as bulls try to break above the strong resistance zone that is surrounding the $4,000 level.
“For a long time, Ethereum was cornered between narratives, often pursuing trends. We are finally seeing its relative market share catching up to its fundamentals. Bull runs are fueled by attention, inflows, and narratives, and Ethereum has been scoring points on all three fronts lately,” Kiril Nikolov, DeFi Strategist at Nexo.
Binance Announces New Trading Pairs to Boost Market Options
Binance, one of the world's top cryptocurrency exchanges, has exciting news for traders: it’s adding several new trading pairs to its platform. This expansion means more choices for traders and a broader selection of cryptocurrencies to trade.
### What Does This Mean for Traders?
With these new trading pairs, Binance aims to make trading smoother and more efficient. Here's why this is great news:
1. **Enhanced Liquidity:** More trading pairs mean there will be more buying and selling activity on the platform. This increased activity makes it easier to trade without causing big price changes.
2. **Greater Flexibility:** Traders will have more options to choose from, allowing them to fine-tune their trading strategies. Whether you want to diversify your investments or explore new opportunities, these additional pairs will give you the tools to do so.
### What’s Next?
Binance hasn't yet revealed which specific trading pairs will be added, but the announcement has already generated buzz in the trading community. The new pairs could include a mix of popular and lesser-known cryptocurrencies, providing something for everyone.
### Why This Matters
The addition of new trading pairs can have a significant impact on the market. It can lead to more dynamic trading activity and potentially influence the prices of the included cryptocurrencies. Plus, as Binance continues to innovate, other exchanges may also introduce new pairs, benefiting the entire cryptocurrency ecosystem.
### Stay Tuned
Binance will share more details soon, so keep an eye out for updates. This move highlights Binance’s commitment to offering top-notch services and maintaining its position as a leader in the crypto world.
In summary, Binance’s plan to list multiple new trading pairs is a promising development that will enhance liquidity and provide traders with greater flexibility. Stay tuned for more details on which pairs will be listed and how they might impact the market!
Binance, one of the world's top cryptocurrency exchanges, has exciting news for traders: it’s adding several new trading pairs to its platform. This expansion means more choices for traders and a broader selection of cryptocurrencies to trade.
### What Does This Mean for Traders?
With these new trading pairs, Binance aims to make trading smoother and more efficient. Here's why this is great news:
1. **Enhanced Liquidity:** More trading pairs mean there will be more buying and selling activity on the platform. This increased activity makes it easier to trade without causing big price changes.
2. **Greater Flexibility:** Traders will have more options to choose from, allowing them to fine-tune their trading strategies. Whether you want to diversify your investments or explore new opportunities, these additional pairs will give you the tools to do so.
### What’s Next?
Binance hasn't yet revealed which specific trading pairs will be added, but the announcement has already generated buzz in the trading community. The new pairs could include a mix of popular and lesser-known cryptocurrencies, providing something for everyone.
### Why This Matters
The addition of new trading pairs can have a significant impact on the market. It can lead to more dynamic trading activity and potentially influence the prices of the included cryptocurrencies. Plus, as Binance continues to innovate, other exchanges may also introduce new pairs, benefiting the entire cryptocurrency ecosystem.
### Stay Tuned
Binance will share more details soon, so keep an eye out for updates. This move highlights Binance’s commitment to offering top-notch services and maintaining its position as a leader in the crypto world.
In summary, Binance’s plan to list multiple new trading pairs is a promising development that will enhance liquidity and provide traders with greater flexibility. Stay tuned for more details on which pairs will be listed and how they might impact the market!
Investing in cryptocurrency can be important for several reasons, though it should be approached with caution due to its nature:
1. **High Potential Returns**: Cryptocurrencies like Bitcoin and Ethereum have historically offered significant returns on investment, often outpacing traditional assets like stocks and bonds.
2. **Diversification**: Including cryptocurrencies in a portfolio can provide diversification. Crypto assets often have different performance patterns compared to traditional markets, potentially reducing overall portfolio risk.
3. **Innovation and Technology**: Investing in cryptocurrencies can be a way to support and benefit from advancements in blockchain technology, which has applications beyond just digital currencies, including in finance, supply chain, and healthcare.
4. **Decentralization and Autonomy**: Cryptocurrencies operate on decentralized networks, providing an alternative to centralized financial systems. This can be appealing for those who value financial privacy and autonomy.
5. **Inflation Hedge**: Some investors see cryptocurrencies, particularly Bitcoin, as a hedge against inflation. Unlike fiat currencies, many cryptocurrencies have a limited supply, which can protect against currency devaluation.
6. **Global Accessibility**: Cryptocurrencies can be accessed and used by anyone with an internet connection, making them particularly valuable in regions with underdeveloped banking infrastructure.
Invest Right Now!
1. **High Potential Returns**: Cryptocurrencies like Bitcoin and Ethereum have historically offered significant returns on investment, often outpacing traditional assets like stocks and bonds.
2. **Diversification**: Including cryptocurrencies in a portfolio can provide diversification. Crypto assets often have different performance patterns compared to traditional markets, potentially reducing overall portfolio risk.
3. **Innovation and Technology**: Investing in cryptocurrencies can be a way to support and benefit from advancements in blockchain technology, which has applications beyond just digital currencies, including in finance, supply chain, and healthcare.
4. **Decentralization and Autonomy**: Cryptocurrencies operate on decentralized networks, providing an alternative to centralized financial systems. This can be appealing for those who value financial privacy and autonomy.
5. **Inflation Hedge**: Some investors see cryptocurrencies, particularly Bitcoin, as a hedge against inflation. Unlike fiat currencies, many cryptocurrencies have a limited supply, which can protect against currency devaluation.
6. **Global Accessibility**: Cryptocurrencies can be accessed and used by anyone with an internet connection, making them particularly valuable in regions with underdeveloped banking infrastructure.
Invest Right Now!
🛑 2009: Bitcoin was created
🛑 2010: $0.003
🛑 2011: $0.30
🛑 2012: $5.27
🛑 2013: $13.30
🛑 2014: $770.44
🛑 2015: $314.93
🛑 2016: $998.33
🛑 2017: $13,880.57
🛑 2018: $3,742.70
🛑 2019: $7,179.05
🛑 2020: $29,374.15
🛑 2021: $46,498.55
🛑 2022: $45,677.80
🛑 2023: $79,365.40
$BTC 🔥
🛑 2010: $0.003
🛑 2011: $0.30
🛑 2012: $5.27
🛑 2013: $13.30
🛑 2014: $770.44
🛑 2015: $314.93
🛑 2016: $998.33
🛑 2017: $13,880.57
🛑 2018: $3,742.70
🛑 2019: $7,179.05
🛑 2020: $29,374.15
🛑 2021: $46,498.55
🛑 2022: $45,677.80
🛑 2023: $79,365.40
$BTC 🔥
CONGRATULATIONS TO ALL PIONEERS #PI
The Legal Identification (KYC) Verification has been opened for all eligible miners who have been part of the Pi project for at least 30 days. If you have not received your invitation, then algorithms have detected an issue with your account.👇
The main reason many pioneers are delayed in starting or completing the KYC process is about the security of their accounts and their Pi.
👉The analysis has been completed and the system requires a password change for accounts that need adjustments before proceeding.
👉This precautionary step is more important than previously thought because it protects the account against misuse of third-party services.
👉Taking this step helps protect Pioneer accounts and ensures their Pi is securely transferred to their personal wallet after KYC approval.
👉Considering this additional security requirement, over 1.5 million Pioneers can complete KYC without any concerns.
The Legal Identification (KYC) Verification has been opened for all eligible miners who have been part of the Pi project for at least 30 days. If you have not received your invitation, then algorithms have detected an issue with your account.👇
The main reason many pioneers are delayed in starting or completing the KYC process is about the security of their accounts and their Pi.
👉The analysis has been completed and the system requires a password change for accounts that need adjustments before proceeding.
👉This precautionary step is more important than previously thought because it protects the account against misuse of third-party services.
👉Taking this step helps protect Pioneer accounts and ensures their Pi is securely transferred to their personal wallet after KYC approval.
👉Considering this additional security requirement, over 1.5 million Pioneers can complete KYC without any concerns.
Now is the perfect time to buy. Don’t miss this opportunity. Invest right now 📈
#Pepe #DOGE #BTC #REI #HotTrends
#Pepe #DOGE #BTC #REI #HotTrends
