The recent events in the cryptocurrency market still paint a spirited picture. Firstly, price predictions for major cryptocurrencies including the ETH coin, and others such as BTC, BNB, XRP, SOL, DOGE, ADA, HYPE indicate a mixed market sentiment. Volatility Shares has recently filed for leveraged ETFs for Bitcoin, Ether and XRP sparking interest among investors.
There's news surfacing about an $11B Bitcoin whale betting on BTC, ETH correction with $900M shorts suggesting optimism despite the market conditions. Surprisingly, a wallet labeled as the βCoinbase hackerβ purchased $18.9M in Ether indicating strong demand. In the realm of price predictions, many are forecasting that the ETH coin will hit $5K soon and even potentially reach $10k in the long run.
Meanwhile, on the adoption side, BlackRock has deposited $364M in Ethereum demonstrating institutional interest in the token.
However, the market has faced disruptions as news of a flash crash in cryptos including ETH circulates. Despite the market turbulence, investors are eyeing recovery as ETH attempts to reclaim losses with open interest hitting $46.8B.
At the same time, prevailing US-China tensions have led to fluctuations in Bitcoin and ETH prices. But the overall outlook remains hopeful as leading investors Tom Lee and Arthur Hayes maintain their $10K forecast for the ETH coin.
ETH Coin News Analytics from Mon, 18 Aug 2025 07:00:00 GMT to Wed, 15 Oct 2025 19:30:16 GMT - Rating 0 - Innovation 5 - Information 7 - Rumor 0