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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
19:39
Trump stated that they will ensure the normal operation of 14 coal-fired power plants and 42 coal mines, and will also build two new coal-fired power plants and a large coal export terminal.
Coal exports are a high-quality foreign trade industry with very promising development prospects, and the stability advantage of coal-fired power generation is something other energy sources find difficult to replace. Various alternative energies struggle to achieve the same level of stable power supply as coal-fired power generation.
19:37
On Thursday, June 4th, at the close of trading in New York, the ICE U.S. Dollar Index fell by 0.10% to 99.432 points, remaining in a downward trend throughout the day. Before 16:00 (GMT+8), it held steady around 99.450 points, then displayed a V-shaped movement, hitting a daily low of 99.179 points at 20:00.
The Bloomberg Dollar Index fell by 0.06% to 1,204.71 points. In early European trading, the index briefly turned positive and reached an intraday high of 1,205.94 points at 15:41 (UTC+8). A V-shaped movement followed, and the index hit a new intraday low of 1,202.49 points at 20:00 (UTC+8).The US dollar against the Japanese yen fell by 0.03% to 160.02 yen. During a brief sharp decline, it reached a new intraday low of 159.61 yen at 12:34 (UTC+8).
19:37
Peabody Energy shares surged in afternoon trading with the latest increase reaching 5.2%.
Meanwhile, former President Trump announced a coal industry investment plan worth $700 million, a move that could inject new momentum into the coal sector. The market responded positively, and investor sentiment was boosted.
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