Author: Maria
In a post on X, Matthew Sigel, Head of Digital Assets Research at investment management firm VanEck, suggested that Microsoft may be open to invest in an Ethereum (ETH) exchange-traded fund (ETF) if it fulfills the company’s yield requirements. Sigel remarked that it “sounds to [him] like MSFT is open to an ETH ETF as long as they can collect staking income.” Microsoft Open To Spot Ethereum ETFs? This interpretation came after Amy Hood, Executive Vice President and Chief Financial Officer at Microsoft, reiterated the company’s long standing engagement with digital assets. While not specifically referencing ETH, Hood noted that…
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Amid waning market momentum, Ethereum, the second-largest digital asset, is displaying a notable downswing, falling to multiple support levels. However, with recent developments cited on its chart, the altcoin might witness a major rally that could send ETH to a new all-time high in the upcoming months. Key Breakout To Drive Ethereum’s Next Big Move Delving into Ethereum’s current price action, Captain Faibik, a market expert and enthusiast, pointed out that ETH has undergone a critical chart pattern breakout, triggering hope among investors toward its future price performance to unprecedented levels. This key chart pattern is a massive Triangle formation,…
Ethereum is portraying its position as a leader in the crypto market after its recent upward spike to the $4,000 mark, a level not seen for about three years. As ETH challenges resistance points, this notable rally toward the pivotal level has sparked strong confidence about its future performance. Can Ethereum Reach Its Current Peak? The recent price action of Ethereum shows that the crypto asset could be on the verge of reclaiming its all-time high, achieved during the remarkable 2021 bull cycle. With ETH hitting the $4,000 mark again, Daan Crypto Trades, a market expert and trader, contends that…
Shareholders of Amazon.com, Inc. (NASDAQ: AMZN) have submitted a proposal urging the $2.3 trillion technology conglomerate to consider adding Bitcoin to its balance sheet. The measure, submitted by the National Center for Public Policy Research and slated for discussion at Amazon’s 2025 annual shareholder meeting in April, calls on the company’s Board to assess whether incorporating BTC as a treasury asset would serve the best long-term interests of shareholders. Will Amazon Buy Bitcoin? In the proposal, shareholders stress that Amazon’s current treasury management may be insufficient in the face of ongoing inflation. As stated in the submission: “Corporations that invest…
In Bitcoin investing, Microstrategy’s Michael Saylor remains a polarizing figure. In one group, a few observers criticize Saylor for his bold actions and controversial statements. Then, we have market insiders who follow his lead and appreciate his laser-focused vision on Bitcoin and crypto. But this Thanksgiving, most in the crypto sector will finally agree with Saylor as he shares his appreciative post on Bitcoin. In a Twitter/X post, Saylor thanked Satoshi, then shared a picture of himself having a Thanksgiving dinner with a message: “Happy Thanksgiving.” Michael Saylor is one of the most vocal supporters of Bitcoin and crypto and…
The price of Bitcoin (BTC) has dipped by 1.66% in the last day after failing to break past $102,000 on Friday. Currently, the crypto market leader seems to be in consolidation, with little indication of its next price movement. However, recent whale activity has pointed to a continuous bullish trajectory. Bitcoin Whales Confident Of Future Rally With Rising Accumulation Levels In a Quictake post on Saturday, CryptoQuant analyst Darkfost highlighted recent Bitcoin whale activity in regard to certain price levels. The popular crypto expert stated that market whales i.e. investors with over 1,000 BTC, have now consistently increased their BTC…
Ethereum has faced significant resistance at the $3,400 level, struggling to break above this critical barrier as it continues to underperform against Bitcoin. Over the past year, ETH has lagged behind BTC, with Bitcoin outpacing Ethereum by nearly 3x in 2024, according to data from CryptoQuant. This performance disparity has raised concerns among investors, as Ethereum’s underperformance has delayed the much-anticipated altcoin rally. Despite these challenges, analysts and investors remain optimistic about Ethereum’s potential to recover and spearhead a new altseason. Historically, ETH has often taken the lead in driving gains across the altcoin market once Bitcoin dominance begins to…
The Ethereum price seems to be finally picking up some momentum after several weeks of trailing the remarkable Bitcoin price performance. After kickstarting the week with sluggish price action, the acclaimed “king of altcoins” has returned to above the $4,000 mark for the first time since March. Mirroring the current market climate, the Ethereum price has not exactly impressed this weekend, as it struggles to hold above $4,000. Nevertheless, a prominent analyst on the social media platform X believes the price of Ethereum looks primed to return to its all-time high of the last cycle. Is A New All-Time High…
The past week proved eventful for Bitcoin (BTC) holders after a historic price gain above $100,000 was accompanied by a flash crash of almost 7% pushing the asset’s price as low as $92,000 on early Friday. Fortunately, BTC has found some stability resulting in a gradual return into the $100,000 zone. Amidst this price recovery, some market indicators assure investors of Bitcoin’s robust bullish structure. Bitcoin Liquidations No Bearing On Long-Term Price But Consolidation Nears In a Quicktake post on CryptoQuant, an analyst with the username Percival shared certain market insights on Bitcoin’s future movement following the recent market loss. …