Ethereum Price to Hit $22,000 by 2030, Predicts VanEck The firm’s spot Bitcoin ETF has pulled in $513 million so far, and it foresees a bright future for Ethereum, too. Global asset manager VanEck predicted Wednesday that the price of Ethereum will reach $22,000 by the end of the decade, dubbing the cryptocurrency “digital oil” in a new report. That would represent a 468% increase from Ethereum’s current price. While Ethereum has generated $3.4 billion in revenue over the past year, VanEck additionally sees that figure reaching $51 billion by 2030.
A position trader has booked an estimated $13.2 million (345%) profit in seven months of buying and holding patiently. Render (RNDR)—this position trade’s cryptocurrency, became known as the “Nvidia of crypto”—creating a decentralized network of GPU rendering.
Notably, SpotOnChain reported the seven-month position trade that started with a 1.69 million RNDR purchase on Coinbase. The withdrawals happened between November 2 and November 10, 2023. At that time, this position was valued at around $3.83 million, with Render priced at $2.265 on average.
This trader became dormant for seven months after building the position, waiting patiently for the best time to sell. Interestingly, the whale missed Render’s price top in March but remained still even during a significant crash in April.
Shiba Inu (SHIB) is starting this new week with a rather clean slate, with a major reset in some of the token’s key growth metrics. The price of Shiba Inu is up 0.98% in the past 24 hours to $0.00002487, per data from CoinMarketCap. This mild rebound is coming after a disturbing drawdown over the weekend. Shiba Inu (SHIB) is starting this new week with a rather clean slate, with a major reset in some of the token’s key growth metrics. The price of Shiba Inu is up 0.98% in the past 24 hours to $0.00002487, per data from CoinMarketCap. This mild rebound is coming after a disturbing drawdown over the weekend.
Bitcoin Whales Are Back to Buying Up BTC, Analysis Shows. Accelerating whale accumulation is a sign that the Bitcoin bull market is still on, according to CryptoQuant.
Bitcoin Cash (BCH) Price Reclaim $600 after Ethereum ETF Approval? Bitcoin cash price rebound 5% to reclaim $490 on May 24, recent movements observed among BCH whales suggests more upside could follow.
Ethereum ETF approval will set stage for Solana ETF, commodity classification Industry experts, including Bernstein, believe Ethereum securing spot ETF approval will pave the path for Solana ETFs and commodity classification.
The U.S. Securities and Exchange Commission (SEC) has approved all spot Ethereum ETF applications.
In a landmark decision on May 23rd, the U.S. SEC has approved several applications for spot Ethereum ETFs.
Ethereum experienced a significant 18% price spike on May 21st amid fresh speculation that spot Ether ETF applications could get the regulatory green light by the May 23rd deadline. Bloomberg ETF analysts Eric Balchunas and James Seyffart raised the approval odds from 25% to 75% after noting increased "chatter" that the SEC was urging applicants to expedite their 19b-4 filings.
Azuki 'Satoshi Nakamoto' Hoodie Is Tokenized on Both Bitcoin and Ethereum Inspired by Bitcoin creator Satoshi Nakamoto and launched by Azuki and Magic Eden, the tokenized hoodie is represented across both chains.
Donald Trump Accepts Crypto Donations: Former US President Donald Trump’s campaign started accepting crypto donations on May 21, making him the first major party candidate to do so. #tinytick
Vitalik Buterin Moves $300K in Ethereum (ETH) Ethereum cofounder Vitalik Buterin has made a significant move in the crypto space today, transferring 80 ETH (approximately $300,000) to coin mixer Railgun. This transfer marks the latest in a series of monthly transfers Buterin has made to Railgun over the past six months. #tinytick
BlackRock's Spot Bitcoin ETF Records Biggest Inflows Since April as BTC Hovers at $70K Bitcoin spot ETFs in the U.S. have seen net inflows of over $1.4 billion in the past week after a timid first half of the month.
The power SOL 🤪 a trader turns $2.2K of SOL into $2.26M in 8 hours with new memecoin The trader made an over 993x gain on their initial investment, spurring insider trading allegations. #tinytick