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Ethereum News

Ethereum Exchange Balances Drop To 9-Year Low – Time For A Major Price Move?

According to recent data from CryptoQuant, Ethereum (ETH) reserves on centralized cryptocurrency exchanges have dropped to a nine-year low. Experts suggest that this dwindling ETH supply could indicate an impending ‘supply shock,’ potentially fuelling a significant rally in the cryptocurrency. Ethereum Reserves At 9-Year Low Ethereum, the second-largest cryptocurrency by market cap, continues to trade…

Ethereum Short Positions Surge 500% In 3 Months – What’s Behind The Bearish Sentiment?

Ethereum (ETH), the second-largest cryptocurrency by reported market cap, is facing unprecedented short selling from hedge funds. Notably, short positions in ETH have soared by 500% since November 2024, indicating heightened bearish sentiment toward the digital asset. Institutional Investors Losing Faith In Ethereum? According to a recent post on X by The Kobeissi Letter, Ethereum…

XRP Stumbles—But Analysts Still See A Path To $70

Analysts remained optimistic about XRP’s potential price surge, predicting that the crypto will pass the critical test and hit somewhere between $33 and $70 despite the setbacks that it is facing lately. Market observers expressed their confidence in the capability of XRP to bounce back amid the decline in its trading volume wherein investors saw…