Ethereum (ETH) Rises With Global Liquidity Expansion: Is $5,000 the Next Majo...
Ethereum (ETH) continues to strengthen its bullish trajectory, rising above $4,700 as expanding global liquidity and institutional demand fuel optimism for a breakout toward $5,000. Related Reading: House Of Doge Reveals Why Institutions Are Now Closely Watching Dogecoin The world’s second-largest crypto asset is increasingly correlated with global M2 money supply growth, suggesting that macroeconomic […]
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Crypto analysts are predicting that Bitcoin (BTC) may be poised for a significant move to the upside as it tracks the expansion of global liquidity. Several experts anticipate that the top cryptocurrency could post new all-time highs (ATHs) in the near to medium term. Is Bitcoin Tracking Expansion In Global Liquidity? According to a recent […]
One of the most important factors in the market is liquidity. The global reduction in liquidity has sent asset classes to new lows and destroys wealth.
The “ultrasound money” meme has been running in Ethereum based circles for some time, gaining momentum as the asset rises and rises in value during this bull market. While it is considered a joke by many, like a myriad of memes, it hides a very complex array of factors that contribute to Ethereum’s newfound status. However, it is not without its critics from the Bitcoin side. The ‘Ultrasound Money’ Meme Explained If you have mingled in inner Ethereum cryptocurrency circles, you probably have heard the words “ultrasound money,” used as a meme to....
The Kyber Network is set to float a $30 million liquidity mining program on both Ethereum and Polygon pools. Decentralized finance liquidity hub Kyber Network is set to become the next DeFi protocol to enter the expanding Polygon ecosystem.In a statement issued on Wednesday, Kyber announced the launch of Rainmaker, a liquidity mining program on the platform’s Dynamic Market Maker protocol that will commence on June 30 to mark Kyber’s expansion to Polygon.According to the announcement, the Rainmaker program will distribute $30 million in rewards to liquidity providers on the Kyber DMM....
The Global M2 Money Supply has been on the rise over the last year, reaching new peaks in the process. This chart was widely applied to the Bitcoin price as analysts believed that it projected Bitcoin reaching new peaks. So far, the Bitcoin price has already climbed to $124,400 with the money supply chart, and now, analysts are applying the same Global M2 Money Supply chart to the Ethereum price, showing that the altcoin could land at 5-figures soon. What The Global M2 Money Supply Says About Ethereum Price Crypto and market analyst Ted Pillows has taken another route when it comes to....