Ether’s Rise to Record Highs May Propel Cryptocurrency to $10.5K: Fundstrat G...

Ether’s Rise to Record Highs May Propel Cryptocurrency to $10.5K: Fundstrat G...

Fundstrat strategist David Grider based his bullish prediction in part on the promise of Ethereum's technology.


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Ethereum Could Touch $10,500 After Crypto Rises to Record High: Fundstrat Global

Fundstrat Global Advisors strategist David Grider predicts that the price of ethereum could rally to $10,500 per unit after the cryptocurrency set a new all-time high on Tuesday. The estimate implies a near 700% upside on the current ether price hanging above the $1,300 range. According to Grider, ether (ETH) – the second largest digital asset after bitcoin (BTC) – will continue to benefit from its relationship with decentralized finance (defi) applications, the majority of which are built on the Ethereum blockchain, and have seen massive growth in 2020. He also premised his....

Ether could be heading for $10.5K, says Fundstrat strategist

Ether’s ongoing Proof-of-Stake upgrade combined with its DeFi potential and new all-time high could trigger its price above $10,000, according to one analyst. After hitting a new all-time high, the Ether (ETH) price could potentially head to $10,500, according to a strategist at major market research company Fundstrat Global Advisors.Fundstrat’s strategist David Grider commented on ETH hitting new historical records of about $1,430 in an investor note on Tuesday, Bloomberg reports. Grider said that the second-largest cryptocurrency could climb more than sevenfold to $10,500 after setting a....

Market Wrap: Bitcoin Jumps to $13.7K, Nearing 2019’s High; Ether Volatility R...

Bitcoin’s price is closing in on record 2020 highs as ether’s volatility picks up.

Ether Continues Rally, Breaks ShapeShift Volume Record

Ether, the cryptocurrency driving the Ethereum platform, continues to dominate trading markets completing a 100% week-on-week rise, the affects of which are being felt across the cryptocurrency sphere. Extraordinary trading volumes were the prime facilitator of Ether’s rise in value, which topped 40% in just 24 hours between February 9 and 10. Over $26.1....

Why Record High $11B Inflow In DeFi Buoys Chainlink Momentum

The total value locked away in DeFi applications has breached over $11 billion and is still climbing. This record inflow of decentralized finance capital could continue to propel Chainlink’s bullish momentum further. Here’s why this cryptocurrency central to DeFi data could surge higher alongside this rapidly skyrocketing statistic. DeFi Inflows Peak Over Record $11 Billion, […]