New Trump Tariffs Spell Caution for Bitcoin, Ether, Dogecoin Bets
ETH, DOGE Price Analysis: How Trump Tariffs May Impact Cryptos Such as Ether, Dogecoin
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ETH, DOGE Price Analysis: How Trump Tariffs May Impact Cryptos Such as Ether, Dogecoin
Ethereum (ETH) has been under significant pressure in recent months, with its price continuing to decline. However, a recent surge in short positions against the asset from hedge funds has raised the possibility of a short squeeze.
Short interest in Ethereum has skyrocketed by 500% since Nov. 2024, raising questions about whether a looming short squeeze could close the widening performance gap with Bitcoin, despite regulatory support.
Ether and other altcoins saw a massive week of ETP inflow, while Bitcoin inflows continued to decline, according to data from CoinShares.
Closely followed crypto analyst Benjamin Cowen says that a shift in monetary policy will most likely be what finally triggers an “altseason,” or a period where altcoins vastly outperform Bitcoin (BTC).
Ether (exchange-traded funds) ETFs saw more than double the inflows of bitcoin ETFs, with a significant net inflow of $420 million. Ether ETFs Grab The Spotlight in Trading Week Review In the week spanning Feb. 3 to Feb. 7, ether ETFs experienced a substantial net inflow of $420.06 million.
A crypto analyst has shared a new bold forecast for the Ethereum price, predicting that the number one altcoin is on the verge of an explosive rally to $17,000. The analyst has cited past trends to support his bullish projections, highlighting that Ethereum rallies significantly after a decline.
The crypto market's squeeze continues, with assets recording double-digit exits. Bitcoin (BTC) and Ethereum's (ETH) outflows have shaped other assets, heightening sell pressures in the second week.
Brazil's B3 stock exchange is expanding its cryptocurrency offerings with the introduction of Bitcoin options and futures contracts for Ethereum and Solana. The post Brazil's B3 Stock Exchange to Launch Bitcoin Options and Futures for ETH and SOL appeared first on Cryptonews.
The B3 Stock Exchange announced that it will expand its cryptocurrency offering this year, opening options for users to invest in solana and ether.
TL;DR Ethereum is experiencing a surge in short positions, with Wall Street investors significantly increasing their bets against the cryptocurrency. Analysts from the Kobeissi Letter report a dramatic rise in Ethereum short positions, up 40% in one week and 500% since November 2024.
The evolution of the crypto market often relies on subtle signals that only savvy investors know how to interpret. Among these, the inflows to accumulation addresses are closely monitored, as they help anticipate bullish trends.
The B3 has announced the introduction of options on Bitcoin and futures contracts on Ethereum and Solana.
Ethereum has shed 18% of its value over the past month. As its price continues to slide, the percentage of ETH's supply held in profit has fallen to its lowest level since October, signaling mounting challenges for the altcoin.
The Ethereum investment products have attracted more than $177 million in cash inflows year-to-date led by by BlackRock's ETHA.
Ethereum has faced its most short-selling activity in history. Institutional short positions have soared by 40% in just one week and an astounding 500% since November 2024, according to data from the Kobeissi Letter.
Ethereum is at a pivotal level, trading near key Fibonacci retracement zones. A break above $2,881 could confirm a bullish reversal, while failure to hold $2,500 may trigger deeper retracements.
The Ethereum price continues losing momentum amid the ongoing market uncertainty. Despite recording a new all-time high in its accumulation, the ETH price has plunged by over 20%, raising concerns about its future price prospects.
This is only the second time Ether's daily transaction fees have fallen below $1 million since November 2020.
Coinbase has accumulated $300M+ in ETH, which is more than 2x all of Base's ETH earnings over time," Base member Kabir.base.eth said on X.
Ethereum faces increasing pressure as hedge fund short positions reach record levels of 11,341 contracts while the price hovers near crucial support at $2,600, despite spot ETFs showing strong inflows and institutional interest remaining mixed.
Coinbase's layer-2 network, Base, has denied allegations of selling its Ethereum (ETH) holdings. Over the weekend, crypto community members pointed out that Base has funneled sequencer fees to Coinbase, sparking concerns about transparency and potential ETH sales.
Ethereum (CRYPTO: ETH) witnessed an unprecedented jump in bearish bets by Wall Street hedge funds, limiting the second-largest cryptocurrency's upside potential. What Happened: In an X post on Sunday, capital markets commentator The Kobeissi Letter highlighted that short positioning in Ethereum has surged by 40% in just one week and by a staggering 500% since Nov. 2024.
Ethereum researcher Justin Drake reignited the "ultra sound money" debate by arguing that Ethereum's economic model is more sustainable than Bitcoin's.
