#write2earn #ETHER $ETH SHINES BRIGHT: SPECULATION SURROUNDING US CRYPTO ETFS BOOSTS INVESTOR SENTIMENT #ethereum #etherumETF #eth

Ether is stealing the spotlight from Bitcoin, driven in part by speculation that the upcoming wave of spot US crypto exchange-traded funds will prioritize the second-largest digital asset, fueling heightened investor interest.
This year, Ether has surged 28%, surpassing Bitcoin's 21% gain, a reversal from 2023 when Bitcoin led the charge. Within the past 24 hours, Ether hit $3,000 for the first time since April 2022, before retracing to $2,920 as of 11:00 a.m. Wednesday in London amidst a broader selloff in crypto markets.
Cautious US regulators greenlit the nation's inaugural spot Bitcoin ETFs in January following a legal setback last year. These 10 portfolios have attracted a net inflow of $5.2 billion since their launch on Jan. 11. While some crypto enthusiasts see these funds as a precursor to Ether ETFs, others doubt regulatory approval and anticipate further legal battles.
Stefan von Haenisch, head of trading at OSL SG Pte in Singapore, anticipates Ether's continued outperformance of Bitcoin in the coming months, particularly as the potential ETF approval draws closer around April-May. However, von Haenisch is skeptical that US Securities and Exchange Chair Gary Gensler would greenlight Ether ETFs unless compelled by court rulings.
In the derivatives market, open interest in CME Group's Ether futures platform is nearing record levels, indicating institutional investors' growing demand for exposure to Ether.
Ether serves as the token of Ethereum, the blockchain with the most commercial significance in the crypto sector. Investors can earn rewards by staking Ether to support the operation of the digital ledger, a process known as staking. The percentage of Ether being staked has hit an all-time high of 25%, according to Validator Queue, which reduces supply and could support prices.

$ETH WHY THE CANDLES BECAME RED May 24 2024

The recent approval of spot Ether ETFs in the U.S. has activated a "sell-the-news" reaction among crypto traders. Meanwhile, decreasing odds of Fed rate cuts continue fueling the selling pressure.

WHAT HAPPENS NEXT?

This counterintuitive reaction happens because investors usually buy in anticipation of the news, causing the price to climb beforehand. Crypto analyst Zach Rynes suggests the market had already priced in the approval, with Ether rising with 20% this week and taking the crypto market up by 5%.

Furthermore, the actual launch of these ETFs is pending further regulatory steps, including the approval of S-1 filings, which explains the financials and risks of the offering firms. VanEck's amended S-1 filing is under SEC review, this entire process could take weeks to months. It is quite difficult to give an exact timeframe.

MY CONCLUSION: The market behaviour of today looks more like a pause, because investors still need to digest recent gains and concentrate on certain external economic factors, without forgetting the recent rates "sell-off"

A lot of time went into this, but don't forget to always do your own research.
Feel free to share your opinion.
$ETH #ETHER #News

#Write2earn #Ethereum 's Path to Millionaire-Making Potential: Opportunities and Challenges Ahead #EthereumPower #ETHER
$ETH $SOL

Since its debut in July 2015, Ethereum (ETH) has skyrocketed from $0.31 to $3,000 today, delivering a staggering return on investment of nearly 10,000%. But can Ethereum still offer millionaire-making opportunities?
Competitive Landscape: Ethereum once held a dominant position as the sole smart contract blockchain platform, but competitors like Solana (SOL) have emerged, challenging its supremacy. Today, three of the top 15 cryptocurrencies rival Ethereum, a stark contrast to its early dominance.
Incremental vs. Disruptive Innovation: While Ethereum continues to upgrade its blockchain, achieving promised milestones like 1 million transactions per second remains elusive. The reliance on Layer 2 blockchains for scalability suggests ongoing upgrades, raising questions about its ability to sustain disruptive innovation.
Regulatory Risk: Ethereum's regulatory status post-The Merge is uncertain, with potential SEC classification as a security due to changes in user interactions. Regulatory ambiguity could deter investors and dampen confidence, although it may not pose an existential threat.
In summary, while Ethereum's historical performance is impressive, uncertainties regarding competition, innovation, and regulation cast a shadow over its future millionaire-making potential

#Write2earn
VanEck Predicts Ether (ETH) to Surge to $22,000 by 2030
#VanEck #ETH #ETHER #ethereum $ETH

VanEck, a global investment firm, has set a new price target for Ether (ETH), projecting it to reach $22,000 by 2030. This ambitious forecast marks a significant rise from its current level of around $3,850.

According to VanEck, Ethereum’s disruptive potential across various sectors and substantial cash flows generated for token holders will drive this increase. The firm highlights that Ethereum is revolutionizing finance, banking, payments, marketing, advertising, social media, gaming, infrastructure, and artificial intelligence.

A key factor in this prediction is the anticipated approval of Ether exchange-traded funds (ETFs). VanEck expects these ETFs to surpass the size of Bitcoin ETFs, providing financial advisors and institutional investors a secure way to invest in Ether through qualified custodians, while benefiting from the pricing and liquidity advantages characteristic of ETFs.

VanEck's report emphasizes Ethereum's ability to offer lower costs, increased efficiency, and greater transparency. This disruptive power is expected to shift significant market share from traditional financial and tech institutions, which have a combined total available market (TAM) of $15 trillion, to blockchain-based solutions.

Moreover, VanEck predicts that the free cash flows from holding Ether, derived from revenue, will reach $66 billion by 2030, further supporting the valuation.

Ether has already seen a strong performance, up more than 63% year-to-date, indicating positive momentum towards achieving this target.

#Ethereum

It's time for #ETHER to bounce back!

$ETH #ETH

2 hour chart of #ETHUSD :

#ETHEREUM $ETH

The new key long/short levels of this 30-minute analysis of #ETHER .

#ETH - 30 minute chart #ETHUSD :

#ETHEREUM

Be patient! Bullish momentum will return! 🚀

#ETHER - 2 hour chart of token $ETH :

#ETHEREUM - 4 hours
As soon as #ETHER finds its 50% Fibonacci retracement, all lights will turn GREEN to buy $ETH .
Until then, be careful and stay patient.

Graphic #ETH 4h:

#ETHEREUM #ETH
This is the time for #ETHER to make a nice push and confirm a REAL return of bullish momentum! 🚀

4 hour chart $ETH :

#Write2Earn
Stay updated on the latest in the cryptocurrency market as #Bitcoin sees a significant surge, reaching a four-week high, while #ETHER leads the altcoin rally by surpassing $2,400. Discover the factors driving these price movements and the broader market trends shaping the crypto landscape.

U.S. stock market strength likely lifted cryptocurrencies, with Bitcoin hitting a four-week peak above $44,000 to reach a fresh four-week peak, driven by increased accumulation by large holders and record highs in U.S. equity indices.
The leading cryptocurrency rose from $42,700 earlier in the day to as high as $44,300, marking its highest level since January 12, the day following the launch of spot bitcoin exchange-traded funds (ETFs) in the U.S.

Ethereum $ETH led altcoins, while analysts noted increased accumulation by large holders.
The S&P 500, Dow Jones, and Nasdaq reached record highs, easing concerns about New York Community Bancorp's financial health.
Ethereum surpassed $2,400 for the first time in TWO weeks Asset managers Ark Invest and 21Shares made amendments to their joint application earlier in the day, aligning it more closely with approved spot bitcoin ETFs to potentially address regulatory concerns.
Other Ethereum-related tokens, including #Polygon's $MATIC and #Arbitrum's $ARB , also saw gains.

#Write2Earn‬ #ETHER ’S STRUGGLE AT $3K: INSIGHTS AND OUTLOOK FOR INVESTORS
$ETH

#Ethereum is facing resistance at the $3,000 mark, but indicators suggest a potential continuation of the bullish trend. The recent surge in Ether's price, climbing 29.7% from February 6 to February 20, is attributed to decreasing supply fueled by rising demand for staking, decentralized finance (DeFi) applications, and the network's proof-of-stake burn mechanism.
Despite Ether's impressive rally to $3,000, the focus shifts to whether it can reclaim the coveted $3,300 level last observed in March 2022. Crypto investor Ryan Sean Adams speculates on X social network that Ethereum's demand season is yet to come, suggesting that the introduction of a spot Ether exchange-traded fund (ETF) could further boost its price amid declining supply.
Analyzing supply data, there's been a decrease of 18,960 ETH in total coins circulating over the past 30 days, indicating a potential scarcity in available ETH for sale. However, net withdrawals on exchanges have been preferred over deposits since February 15, potentially influencing price dynamics. Despite these trends, Ether's price remained relatively stable leading up to January 5, suggesting that factors such as staking and DeFi demand may not directly impact available supply.
The potential approval of an ETF could drive a rally in Ether's price, with approval odds estimated between 50% and 80%.
The recent #Starknet ( $STRK ) airdrop, for example, led to a decline in enthusiasm for upcoming Ethereum token launches due to significant sell pressure and controversies surrounding eligibility and supply release.
Analyzing Ether futures contracts compared to spot markets indicates continued bullish sentiment, with the one-month futures premium remaining above 14% since February 17. Despite this optimism, it falls short of the 25% premium seen in early January, suggesting a cautious yet positive outlook for Ether's price surpassing $3,300.

#ETHEREUM #ETH
I really hope that #ETHER will stay above $3,380 today.

In the very short term, this is the key level to maintain.

$ETH in 30 minutes:

#ETHEREUM
#ETHER is taking too long... Let's bring the key long/short levels closer together so that we can allow ourselves to short it in the event of a relapse.

$ETH #ETH

4 hour chart #ETHUSD :

#ETHEREUM #ETH
The #ETHER only asks to offer a real buying signal which would confirm the trend reversal.

We believe in ?

4 hour chart of $ETH token:

#ETHEREUM

I am patiently waiting for #ETHER to be back above 2454$ to resume purchases.

The short-term resistance line is still there and very active on #ETH ! 😫

1-hour chart of the $ETH token:

#Write2earn #ETHER PRICES SOAR AMID GROWING HOPES FOR US APPROVAL OF SPOT #ETFS
$ETH #ethereum #EthereumETF

Crypto prices have surged amid signs the US may approve ETFs that invest directly in Ether, the second-largest cryptocurrency. This has reignited investor enthusiasm, similar to the excitement seen when Bitcoin ETFs were introduced in January, leading to a significant rally.

On Monday, Ether jumped nearly 14%, its largest rise since November 2022, and continued climbing, reaching $3,675 by Tuesday morning in London. Bitcoin also made gains, nearing its all-time high of almost $74,000 set in mid-March.

The US Securities & Exchange Commission (SEC) has contacted at least one exchange and a potential spot-Ether ETF issuer to update their filings, suggesting a higher likelihood of approval. However, approval is not guaranteed.

ETF issuers need to complete 19b-4 filings and receive SEC approval for S-1 registration statements. A decision on at least one spot-Ether ETF application is expected by May 23. The SEC has declined to comment on individual filings.

Social media is buzzing with speculation that the SEC might approve these ETFs, leading traders to quickly adjust their positions. Chris Newhouse, an analyst at Cumberland Labs, noted the sudden shift in trader behavior.

On Monday, Bloomberg Intelligence ETF analysts Eric Balchunas and James Seyffart raised their estimated probability of a spot-Ether ETF approval from 25% to 75%. Initially, fund companies had expected rejection due to limited discussions with the SEC compared to spot-Bitcoin ETFs.he SEC to move more slowly

The SEC, which has been tough on crypto, approved US spot-Bitcoin ETFs reluctantly after a 2023 court ruling. These Bitcoin ETFs, from companies like BlackRock and Fidelity, have accumulated $58.8 billion in assets, marking one of the most successful fund debuts ever.

BlackRock and Fidelity are also looking to launch Ether funds. The digital-asset industry sees ETFs as a way to attract a broader investor base, including retail investors, hedge funds, pension funds, and banks.

#ETHEREUM

The next rally is getting ready! Let’s hope for BULLISH! 🚀
A week that #ETH vegetates in a range of $100... 😴

$ETH - 4 hour chart of #ETHER :

#ETHEREUM
I don't see much reason to short #ETH ... On the way to a continuation of the rebound of #ETHER !

Here is my 2-hour analysis of the token $ETH :

#Ethereum

Avez-vous déjà stoppé vos achats d'#ETHER ? 🙉

#ETHUSDT #etherreum #ETH

Graphique 2 heures du jeton $ETH :

#ETHER with a market cap of +303 Billion Dollars is dominating and holding the second position in the market right after #BTC it is called the next #BTC , missing ETHEREUM at the current price will not be a wise decision .
#Write2Earn!
$ETH