BitMine recently purchased an additional $294 million in Ethereum, boosting its ETH holdings amid a market filled with uncertainties. A series of Ethereum and Bitcoin ETFs recorded $800 million in combined outflows as extreme market fear escalates. Updated tokenomics are in the works for ZKSync, with Ethereum's dominance over institutional capital called into question.
Ethereum's price might risk falling below key support levels as the cryptocurrency continues to experience volatility. Multi-million dollar hacks have also led to significant drops in ETH's price. Smart investors, however, are advised to consider the ETH/BTC trading pair for diversified cryptocurrency portfolios. Equity research firm
10x Research has raised concerns about Ethereum, stating it to be 'structurally at risk.' Amid this, a
crypto Whale has made a staggering $55M long position bet on Bitcoin and Ethereum. Robert Kiyosaki, a renowned investor has suggested digital assets like Bitcoin and Ethereum as safe havens amidst an anticipated market crash.
Market liquidations also surpassed $2 billion, alongside Ethereum hitting a four-month low. But there has been an increase in whale purchases, suggesting a potential setup for price correction. This sentiment is echoed by the purchase of a massive amount of Ethereum by BitMine. Various
crypto forecasts predict a bounce back in the Ethereum price with a rally heading towards $6,500, on the heels of a severe market pullback. Additionally, given the tightening of the supply and surging institutional demand, some analysts are even eyeing a $10K target for the Ethereum. Still, it's important to note that these are predominantly expectations and predictions, and investors should approach with caution.
ETH Coin News Analytics from Fri, 18 Jul 2025 07:00:00 GMT to Wed, 05 Nov 2025 22:14:47 GMT -
