ETH in the spotlight: latest news

Ethereum (ETH-USD) is currently trading at $3,970 after bouncing back from a support level of $3,800. This recovery comes amidst $246 million in ETF inflows, primarily driven by BlackRock, and following the Federal Reserve's recent 25 basis points rate cut. Additionally, the upcoming Fusaka upgrade scheduled for December 3 is generating interest in the market.

Ethereum exchange-traded funds (ETFs) recorded $380 million in positive net inflows at the start of the week. If ETH manages to break out of its current consolidation phase, it could potentially reach $7,700, supported by historical trends.

Many individuals overlooked early opportunities in Bitcoin (BTC) and Ethereum (ETH) due to perceived risks, only to witness others achieving early retirement by 2025.

Securitize has launched a tokenized credit fund in collaboration with BNY on the Ethereum blockchain. The fund provides access to collateralized loan obligations, and the on-chain capital allocator Grove intends to make a $100 million anchor investment.

BitMine Immersion Technologies (BMNR) owns 3.31 million ETH, representing 2.8% of the circulating supply, with a total value of $13.8 billion.

Ethereum (ETH) is currently trading at $4,160.70, reflecting a daily increase of 4.42%, according to the Fleet Asset Management Group's research division.

The U.S. central bank reduced the interest rate by 0.25% on Wednesday. This anticipated decision had little effect on the cryptocurrency markets, which remained largely unfazed.

Ethereum (ETH) has declined by 3% over the past 24 hours as investors await the U.S. Federal Reserve's interest rate decision, which is set to be announced later today.

Traders are eagerly awaiting the Federal Reserve's announcement, anticipating a 25 basis points rate cut. If this happens, Ethereum's price prediction could rise to a new all-time high of $6,000.

Ethereum's price is currently stable around $4,137 as it consolidates ahead of a potential breakout to $5,250. Significant ETF inflows totaling $133.9 million and a $200 million deployment from the treasury are contributing to the upward momentum.

Ethereum's recent surge has sparked renewed discussions regarding its rally potential, as analysts focus on significant technical breakouts that may drive the price higher.

The cryptocurrency market is experiencing a steady recovery following a significant $19 billion liquidation event. Analysts are observing key fractal patterns that suggest Ethereum (ETH) may be poised for a bullish rally.

SharpLink Gaming (SBET) announced its intention to invest $200 million in ether on Consensys' Linea platform over the coming years. The deployment will utilize Anchorage custody alongside ether.fi for secure management.

SharpLink plans to invest $200 million in Ethereum on ConsenSys Linea through EtherFi and EigenCloud, focusing on institutional-grade staking and restaking solutions. This initiative aims to enhance DeFi yields and provide additional incentives for participants.

Large-scale investors are showing renewed confidence in spot ETFs, indicating that Ethereum is poised for a substantial price movement driven by institutional interest, with a target of $5,000 on the horizon.

SharpLink, supported by Consensys, will allocate $200 million of its ETH treasury holdings to staking and restaking strategies through ether.fi and EigenCloud.

Ethereum's price is showing signs of recovery, but reaching the $5,000 mark will depend on strong buying interest and overall market optimism.

Ethereum (ETH) fell below $4,100 on Tuesday, even as SharpLink announced plans to invest $200 million in ETH from its treasury into Linea through a partnership.

A Federal Reserve rate cut is expected on Wednesday, but the potential end of quantitative tightening may serve as a significant catalyst for Bitcoin as inflation tolerance increases.

SwissBullion.eu, a prominent European dealer in precious metals including gold, silver, platinum, and palladium, has announced that it now accepts Ripple and Ethereum as payment methods for purchases.

Ethereum is currently trading around $3,900, struggling to surpass the $4,000 mark, which has attracted renewed attention in the cryptocurrency market. Analysts have pointed out the possibility of a decline in value.

ETHzilla Corporation has made waves in the crypto sector by selling approximately $40 million worth of Ethereum (ETH) from its treasury. The proceeds from this sale will be used to finance ongoing stock buybacks.

Ethereum's price has climbed back above $4,000 this week following a brief decline into the $3,700 range. Additionally, the total market capitalization of cryptocurrencies has increased by 3.3%, reaching $3.99 trillion.

Ethereum-focused digital asset treasury firm ETHZilla (ETHZ) sold approximately $40 million worth of ether (ETH) at a price of $4,120.08 on Friday. The firm is utilizing these funds to support buyback initiatives.

Ethereum's price declined by 1.01%, settling at $4,127.73, which is worse than the overall crypto market's drop of 0.53%. A technical rejection was observed near the $4,232 mark, indicating resistance as traders anticipate a Federal Reserve rate cut.