Following Ethereum (ETH) co-founder Vitalik Buterin’s recent post on the benefits of staking and further network decentralization, Cardano (ADA) co-founder Charles Hoskinson poked fun at it amid accusations that Ethereum was copying Cardano.

Ethereum’s investment products are experiencing significant outflows, with professional investors pulling over $120 million from ether (ETH)-tracked exchange-traded products (ETPs) in the past two weeks, according to a recent CoinShares report. These withdrawals are the highest since August 2022, with $60 million in net outflows each week. In contrast, multi-asset and bitcoin (BTC) ETPs saw inflows of $18 million and $10 million, respectively, suggesting a shift in investor sentiment.

Predicting Ethereum’s (ETH) price to reach $10,000 in 2024 involves analyzing various factors, including technological advancements, market trends, historical performance, expert opinions, and macroeconomic conditions. Here’s an in-depth look at the potential for Ethereum to achieve this milestone.

Ethereum gas fees have dropped to their lowest levels in over four years, coinciding with the recent Dencun upgrade in March. This decline in fees has led to an inflationary trend in Ethereum’s supply, with projections indicating a new high for 2024 within the next six days if the trend continues.

Ethereum (ETH ) is becoming increasingly scarce, surpassing Bitcoin in this regard. On-chain data from BTC-Echo’s Leon Waidmann reveals that Ethereum ’s exchange balance is currently at 10.189%, while Bitcoin’s stands at 15.08%, highlighting a significant trend of decreasing Ethereum availability.

ETH slightly rebounded and was up 1.89% in last 24 hours to $1,585

Ethereum Eyes Major Gains with ETF Approvals and Rising Staking Activity July 18, 2024 — The Ethereum ecosystem has experienced a dynamic 48 hours, marked by significant developments that could shape its near-term trajectory. As Ethereum (ETH) continues to hover around $3,500, the anticipation of ETF approvals and a surge in staking activity signal a bullish outlook for the cryptocurrency.

Ether’s potential move to $10,000 would result in a 194% price increase from the current levels, but ETH continues struggling to break the $4,000 mark.

The Foundation periodically sells tokens to cover costs, creating a temporary sell-off event in markets.

Macro guru Raoul Pal says that the top smart contract platform Ethereum (ETH) is set to outperform Bitcoin (BTC) as the crypto markets enter into a new “spring” phase.

Rain Lõhmus, founder of LHV Bank, told Estonian media last month that he’s not made much effort to recover the funds but is willing to pay someone who can.

Ethereum (ETH) is poised for substantial growth in 2024, driven by the anticipated approval of several spot Ethereum ETFs and continued advancements in its network infrastructure. Industry analysts predict that the approval of these ETFs could trigger a significant influx of capital, potentially boosting ETH prices by up to 500% this cycle​ (NerdWallet: Finance smarter)​​ (markets.businessinsider.com)​.

Ethereum (ETH), the leading smart contract platform, generates significantly more revenue from fees than any other blockchain. Data from Lookonchain reveals that Ethereum earns $2.728 billion in fees per year. This amount is over five times higher than its closest competitor, Tron (TRX), which earns $459.39 million annually.

An address associated with failed crypto lending platform Celsius has moved millions of dollars worth of Ethereum (ETH) to an exchange, according to on-chain data.

Bloomberg Analyst Eric Balchunas Predicts More Filings and Potential July 2 Launch for Ether ETFs Investment giant Fidelity has revised its application for a spot Ether (ETH) exchange-traded fund (ETF) with the United States Securities and Exchange Commission (SEC).

Ethereum price has had a rocky week and data suggests that more downside could be on the way.

The last 48 hours have been momentous for Ethereum, marked by significant developments that promise to reshape the market. As we approach the much-anticipated launch of Ethereum ETFs, here's a comprehensive update on all things Ethereum.

The U.S. Securities and Exchange Commission (SEC) is nearing approval of exchange-traded funds (ETFs) tied to the spot price of ether, potentially as soon as July 4, according to industry sources.

Ether was trading near a six-month low, just above $1,500 at time of publication, according to CoinGecko, as its overall share of the crypto market has declined 2 percentage points since January to 17%. (Meanwhile, Bitcoin is approaching 50% market dominance.)

The Ethereum market is abuzz with excitement following the recent approval of 10 Ethereum (ETH) spot ETFs by the U.S. Securities and Exchange Commission (SEC). These ETFs are set to launch in July 2024, potentially attracting substantial investment inflows and driving a significant price surge. Analysts predict that these ETFs could bring in up to $1 billion per month in new capital​ (Blockchain News)​​ (CoinTelegraph)​.