Ethereum Sees Contract Boom In 2025, Setting Stage For $5,000 Rally
Although Ethereum (ETH) failed to break the $5,000 mark on August 24 – pulling back from a new all-time high (ATH) of $4,956 – the second-largest cryptocurrency by market cap may soon cross that milestone, driven by booming new contract activity. Ethereum New Contract Activity Booming – Will Price Follow? According to a CryptoQuant Quicktake post by contributor PelinayPA, a sharp rebound in Ethereum contracts could be seen in 2024 and 2025. This year specifically, new contracts surged dramatically as ETH price climbed beyond $4,500. The CryptoQuant contributor highlighted....
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As Thursday drew to a close, Ethereum appears to be slowly regaining strength as the second-largest digital asset stabilizes above the $2,500 level once again. With predictions about an impending major rally swelling in the community, this gradual recovery might be setting the stage for the anticipated bullish move. A Record-Breaking Surge For Ethereum Building […]
Ethereum’s price action in the past seven days has led to the creation of a capitulation candle that might send it on another surge within the next eight to twelve weeks. This capitulation candle caught the attention of crypto analyst Ted Pillows, who noted an interesting repeating capitulation pattern for Ethereum. According to technical analysis by Ted Pillows, Ethereum has printed a capitulation candle in early 2025, just as it did in the first quarter of 2024 and the third quarter of 2023. Capitulation Candles And Ethereum Historical Patterns TedPillows’ analysis....
Ethereum’s price action appears to be setting the stage for a major move that could redefine its market trajectory by the end of 2025. Although recent months have seen the cryptocurrency’s price lose its footing, technical analysis shows that this phase might be coming to an end. Particularly, Ethereum is now trading close to a support level that could cause an upward bounce towards $4,000 by the end of 2025. Strong Demand Zone Shows Ethereum Bottoming Out Ethereum’s price action throughout 2025 has been bearish, marked by a series of structural breakdowns that have erased much of....
The XRP price rallied again to $2.22 after a relief rally rocked Bitcoin and the crypto market. This was fueled by comments from US President Donald Trump that the tariffs on China are expected to be significantly reduced, even though they would not be zero. In the aftermath of this recovery, though, the XRP price has begun to retrace, suggesting that a local top may have been reached. However, some developments for XRP could see a kickstart to the bull rally. CME Group Announces XRP Futures Launch The XRP community has been rocked by positive news once again after the CME Group announced....
Prominent venture capitalist and prolific tech and bitcoin industry investor Tim Draper is making a return to the Indian market for early stage investing in startups in one of the world’s fastest growing economies. The investment into India’s blossoming technology sector, despite common consensus of it being overvalued to the point of being a ‘tech bubble’, will occur through Mumbai-based Blume Ventures, an early-stage venture firm that now joins Draper’s DVN (Draper Venture Network) as a member, according to TechCrunch. Having existed since the early Silicon Valley boom era during the....