A crypto expert has shared her macro prediction for Ethereum (ETH), warning of an imminent price crash that could see the second-largest cryptocurrency plummet to as low as $800, or even $400 per coin. While this would represent a massive bearish move given ETH’s current price, the analyst argues that such a decline is important for a market reset, where prices rediscover real demand and sustainable support. Analyst Says Ethereum Crash Is Critical For A Market Reset Rafaela Rigo, a crypto market analyst, has presented a compelling Ethereum price analysis on X that has caught the attention of traders and investors alike. Rigo shared a chart analysis from 2024 in which she accurately predicted that the Ethereum price would plummet to $1,900 after the cryptocurrency had formed a bull run top in that same cycle. That same analysis had also forecasted a price drop to $800, a level the analyst identified as a “great buying opportunity.” Related Reading: Here’s How High The Ethereum Price W
A Hyperliquid trader known as ‘Evaded’ has booked over $7.5 million in profit from two positions in less than four days, most recently rolling back into the market with a $38.63 million ether long carrying 25x leverage. ZEC and HYPE Gains Turn Into a $38.6M Leveraged ETH Gamble On May 22, a high-conviction trader (called […]
Ethereum's dominance in onchain finance solidifies its role as a key infrastructure, attracting institutional interest and shaping future blockchain dynamics.
The post Grayscale’s Zach Pandl highlights Ethereum’s dominance in onchain finance metrics appeared first on Crypto Briefing.
SHRMiner launches free crypto mining service for BTC, XRP, DOGE, LTC, and ETH passive income seekers. As cryptocurrencies gain increasing popularity worldwide, more and more investors are seeking ways to generate a steady stream of passive income without the need…
Circle is launching cirBTC, a 1:1 Bitcoin-backed wrapped token. cirBTC will use real-time on-chain reserve verification for transparency. The token will launch on Ethereum and Circle’s Arc blockchain. Circle, the company behind the USDC stablecoin, has revealed plans to launch cirBTC, a wrapped Bitcoin product that meets regulatory compliance standards. The strategic move has the […]
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The rise of tokenized funds on blockchains signals a transformative shift in capital markets, enhancing liquidity and reducing volatility.
The post Onchain market cap of tokenized funds hits $32.4B, led by Ethereum appeared first on Crypto Briefing.
