Crypto Blog
Bitwise Asset Management’s Chief Investment Officer has predicted that the introduction of Ethereum Exchange-Traded Products will drive ether prices to new all-time highs above $5,000 by the end of the year.projected
The anticipated price surge for Ethereum depends on fundamental supply and demand principles. While ETPs do not alter the underlying fundamentals of ETH, they introduce new demand sources. This dynamic was observed with BTC following the launch of spot Bitcoin ETFs in January. Ethereum’s inflation rate over the past year has been 0%, with the ETH supply remaining at 120 million. This equilibrium is due to the consumption of ETH by various Ethereum-based applications, which balances out the daily creation of new ETH. With new demand meeting zero new supply, the potential for price appreciation is high. Additionally, increased activity on the Ethereum network would further increase organic demand for ETH.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Ethereum on-chain metrics point to potential rallyEthereum (ETH) is up nearly 3% on Thursday as upcoming spot ETH ETF launch and key on-chain metrics suggest an ETH rally might be around the corner.
Lire la suite »
Cryptocurrencies Price Prediction: Ethereum, Worldcoin & Meme CoinsEthereum to see new all-time high after ETH ETF launch: Bitwise Ethereum (ETH) is up nearly 2% on Tuesday following predictions from Bitwise chief investment officer (CIO) Matt Hougan that ETH ETFs could help push ETH to a new all-time high above $5,000.
Lire la suite »
Spot Ethereum (ETH) ETFs Set to Launch Within a Week, According to Industry SourcesCrypto Blog
Lire la suite »
Ethereum ETFs will catapult ETH to new all-time high: BitwiseEthereum (ETH) is up nearly 2% on Tuesday following predictions from Bitwise chief investment officer (CIO) Matt Hougan that ETH ETFs could help push ETH to a new all-time high above $5,000.
Lire la suite »
Meme Coins Outperform BTC, ETH and SOL as Traders Rotate HoldingsOliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.
Lire la suite »
Institutions are more bullish on Ether than retail ahead of ETH ETF launchInstitutions are more bullish on Ether than retail ahead of the ETH ETF launch, predicting a potential price doubling by 2025.
Lire la suite »