3 mins read

ETH Price And OI Hit New Highs, Will It Last?

Key takeaways: Ether derivatives data shows weak demand for leveraged bullish positions. Corporations and TradFi favor independent layer-1 chains, challenging Ethereum’s dominance in decentralized finance. Ether (ETH) surged to $4,518 on Tuesday as traders showed a higher risk appetite following a modest 0.1% rise in US consumer inflation. Yet, beneath the surface, derivatives data suggests […]

3 mins read

How High Can Ethereum Price Go Beyond $4K? ETH Analysts Weigh In

Key takeaways: Ethereum is breaking out across multiple bullish setups on the price chart. Analysts see ETH rising to $6,000 soon, with $20,000 possible within a year. Ethereum’s native token, Ether (ETH), has surged roughly 24% this week to above $4,330, its highest price since December 2021. Many analysts now eye a break above the […]