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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
19:31
Fed's Daly: Providing forward guidance is not appropriate at this time
Golden Ten Data reported on June 5 that Federal Reserve’s Daly stated that the current monetary policy is in a good position, but the economic situation is too uncertain to clearly indicate the direction of interest rates. Daly mentioned that providing forward guidance is not appropriate at the moment because it is impossible to predict how the economy will develop. The most concerning issue now is inflation, with the main focus on rising energy and food prices. Bringing the inflation rate back to target is the Federal Reserve’s top priority. Daly also said that, although there is currently no clear evidence in economic data that artificial intelligence has boosted productivity, she remains optimistic about the technology and believes 2027 will be a litmus test; at the same time, she has not identified any financial stability concerns related to AI investments.
19:31
The president of Anthropic believes that high computing costs are the main driver for the company's IPO.
Amodei believes that "training AI models is an extremely capital-intensive business," and that the public market "is very well suited to this characteristic." Expand
19:07
National Healthcare Corporation (NHC) recently completed a strategic acquisition, successfully bringing five skilled nursing facilities under its umbrella for a total price of 50.5 million dollars.
This transaction marks an important step for NHC in expanding its professional care service network, further consolidating its market position in the healthcare sector. Through this acquisition, NHC has not only strengthened its service capabilities but also optimized its regional layout, laying a solid foundation for future business growth.
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