Update: β‘οΈ The SEC approved Cboe BZX to list six 3x leveraged funds from VS Trust, including Bitcoin and Ethereum products, that target triple the daily moves of futures-based benchmarks.
$ETH closed its highest weekly candle in 8+ months.
Now, Ethereum needs a weekly close above $2,800 with strong spot demand and it'll rally towards $3,400-$3,500.
$BTC current move is spot driven.
Dips are getting bought, and the uptrend is sitting good.
A daily close above $87,500 could quickly push Bitcoin to $90,000.
Update: π° Michael Saylor posted "More orange than ever" on X alongside Strategy's purchase chart, fueling speculation about another Bitcoin buy after two straight weekly purchases.
Trader 0x914b lost $471K shorting 14,976 $ETH($40.97M) and then flipped to long.
He opened a 25x long on 23,734 ETH($64.3M), with a liquidation price of $2,650.
Ethereum OG "0xa2F6" sold another 13,330 $ETH($36.37M) after 6 months.
This OG bought 170,000 ETH through the ICO at a low price of $0.31 (costing $52.7K, now worth $461.4M).
β‘ NOTE: Jay Clayton prosecuted Roman Storm and XRP, now he's now President Trump's new AI Czar. Peter Brandt says the Bitcoin bull market has "pretty good chance of reaching half a million."
Hodler's Digest this week:
πΊπΈ ETF FLOWS: BTC, SOL and XRP spot ETFs saw net inflows last week, while ETH spot ETFs saw net outflows.
BTC: $241.09M
ETH: - $138.02M
SOL: $2.43M
XRP: $4.74M
The euro has fallen to a 17-month low against the US dollar, putting it on track for its fifth consecutive weekly decline.
The weakness comes as political and fiscal risks continue to build across Europe.
π¨ NEW: Bitcoin's biggest cluster of short liquidations sits near $90K, meaning a move to that level could force leveraged shorts to close, per @glassnode.
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Retire on #Ethereum by 2030 | How Much Do I Need?
TimeStamps:
00:00 Intro
00:29 Ethereum Growth
01:43 Jordi Visser Ethereum Prediction
05:22 Tom Lee: Ethereum to $50,000
07:36 Raoul Pal ETH Prediction by 2030