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Ethereum’s 40% post-ETF drop is an expected ‘sell-the-news’ reaction – Bitfinex

Bitfinex analysts said Ethereum’s (ETH) 40% decline following the launch of spot ETH exchange-traded funds (ETFs) in the US is an expected “sell-the-news” reaction. According to the latest edition of the “Bitfinex Alpha” report, Ethereum ETFs are facing substantial challenges as significant outflows continue to weigh heavily on Ether’s performance, exacerbating the asset’s underperformance relative […] The post Ethereum’s 40% post-ETF drop is an expected ‘sell-the-news’ reaction – Bitfinex appeared first on CryptoSlate. дальше »

2024-8-20 23:45


Ethereum Direct to the $200 Barrier: ETH/USD Chart Analysis Forecast

The cryptocurrency market has recently shown that it has matured. First, the Bitfinex scandal and recently the hacking of the largest cryptocurrency exchange, have been proofs that have shown the main asset that solid support has been created above five thousand and eight hundred, as many analysts predicted. At the time of writing, the market […] дальше »

2019-5-9 09:05


Analysts Flip Bullish En-Masse Predicting Bitcoin’s Price to Jump Above $7,000 BTC/USD

Just like April, March has started off on a good note as we saw Bitcoin price going from around $5,130 to $5,775 yesterday. Today, the leading cryptocurrency surged to just above $5,800. At the time of writing, BTC has been trading at $5,734 with 24-gains of 1.34 percent on Bitstamp while on Bitfinex, it is […] дальше »

2019-5-4 16:43


Analyst: Bitcoin Likely to Drop into Lower-$4,000 Region Before Finding Significant Support

Although many investors and analysts alike viewed Bitcoin’s muted reaction to the recent Tether/Bitfinex controversy as a sign of improving fundamental strength, it may be too early to celebrate just yet, as one analyst believes that BTC may dip back into the lower-$4,000 region before finding any significant levels of support that allow it to. дальше »

2019-4-30 03:00


Berkeley Professor Questions Stablecoin Viability in Unflattering Op-Ed

University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically "viable" just because they are pegged to an asset, though Eichengreen does believe they have an advantage over "conventional cryptocurrencies" such as bitcoin which he says "is highly unstable" and "unattractive as units of account. дальше »

2018-9-13 18:07