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Traders see ETH’s $3.2K pullback as a ‘buy’ while ETFs build steam
Traders see ETH’s $3.2K pullback as a ‘buy’ while ETFs build steam

Analysts believe Ether will see “tremendous” price action once spot ETFs build momentum, similar to Bitcoin after the launch of spot Bitcoin ETFs.

Cointelegraph·2024/07/25 02:04
Ethereum might not be rallying yet, but it is still extremely bullish
Ethereum might not be rallying yet, but it is still extremely bullish

Share link:In this post: Ethereum’s spot ETF launch didn’t cause the market to explode, with inflows of $107 million on the first day. Ether is currently trading below key moving averages, indicating short-term bearish momentum despite a long-term bullish outlook. Analysts remain bullish, expecting Ethereum to break all-time highs with sustained institutional interest.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the infor

Cryptopolitan·2024/07/24 22:10
Experts react to spot Ethereum ETFs debut, compare it to Bitcoin ETF launch
Experts react to spot Ethereum ETFs debut, compare it to Bitcoin ETF launch

Spot Ethereum ETFs recorded $106.7 million in net inflows on Tuesday.“I think they pretty much met expectations for me,” Bloomberg Intelligence’s James Seyffart told The Block.

The Block·2024/07/24 18:16
Here’s How Much Crypto Sanctioned Russian Media Outlet SouthFront Received: Chainalysis
Here’s How Much Crypto Sanctioned Russian Media Outlet SouthFront Received: Chainalysis

Chainalysis identified that the expansion of crypto-linked disinformation campaigns by actors like SouthFront and ISWN poses risks to global elections in 2024.

Cryptopotato·2024/07/24 14:19
Flash
12:57
The U.S. inflation rate has reached a 3-year high, potentially reinforcing market expectations of a Fed rate hike later this year.
BlockBeats News, June 25th, the U.S. inflation rate for May surged to 4.1%, reaching the highest level in over three years, while consumer spending increased by 0.3%, demonstrating demand resilience. At the same time, first-quarter GDP was also revised up to 2.1%. Analysts pointed out that this stronger data is likely to enhance the market's expectation of the Federal Reserve raising interest rates later this year.
12:54
Buffett's Disciple Who Sold Micron: Semiconductor Stock Party Is Just Starting, Most People Should Be Buying the Index
BlockBeats News, June 25th. "Buffett Disciple," globally renowned value investor Mohnish Pabrai, who had built a position in Micron in 2017 and completely exited by September 2023, only making about double his investment; two years after his exit, Micron's stock price surged over 15-fold, resulting in a potential opportunity loss of around $20 billion. In his dealings with SK Hynix, he made a similar premature sell-off. On June 22nd, he revisited some of his most painful trading mistakes in an episode of a South Korean interview program called "Insider Info": "Very regrettable. I violated my own principles by selling off a company that I should have held forever." During the program, he advised ordinary investors: "More than 99% of people should directly buy index funds; if you cannot reasonably assess a stock's cash flow for 10-20 years, you should not buy individual stocks." At the same time, public information indicates that his current Q1 2026 portfolio is heavily invested in cyclical stocks (such as Warrior Met Coal and Transocean Ltd.). When the host asked, "What advice do you have for investors currently holding Korean semiconductor stocks," Pabrai responded without hesitation: "If you already hold them, don't sell. The party is just getting started."
12:44
Rosen Law Firm investigates Strategy over alleged securities misrepresentation
Rosen Law Firm announced an investigation into Strategy (MSTR), a company under Michael Saylor, and STRC regarding potential securities law claims. The law firm is assessing related investor losses and potential legal liabilities.
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