{ }
Anthony Sassano's question on whether Ethereum needs a Michael Saylor-like figure sparked a debate within the crypto community. While some see the potential benefits of a high-profile advocate to boost Ethereum's visibility and value, others express concerns about centralization and the unique dynamics of Ethereum's distribution. The discussion also highlights Ethereum's distinct characteristics compared to Bitcoin, particularly regarding its inflationary nature and governance principles.
Ethereum's chances of reaching $5,000 by the end of 2024 have fallen to under 10%, despite significant ETF inflows, including $305 million on December 10. While some traders remain optimistic about a price surge, analysts note that a 37% increase is necessary to hit the target. Institutional interest continues to grow, with Fidelity contributing over $202 million to recent inflows, suggesting a potential supply crisis that could impact prices.
Ethereum's chances of reaching $5,000 by the end of 2024 are under 10%, with recent probabilities dropping from 16% to around 8%. Despite significant ETF inflows, a neutral investor sentiment and potential "offer crisis" due to strategic accumulation by traditional finance players may hinder short-term price increases. The market remains volatile, and while optimism exists, caution is essential for investors navigating this complex landscape.
Ethereum's chances of reaching $5,000 by year-end have dropped to just over 8%, down from a peak of 16%, according to Derive. Despite significant inflows into Ether ETFs, traders express mixed sentiments, with some still targeting the $5,000 mark. Notably, $305 million in daily ETF inflows, primarily from Fidelity, suggests a potential supply-side crisis ahead.
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

MachinaCore is a highly modular and scalable system that allows users to build custom widgets and tools tailored to their specific financial data needs, while seamlessly integrating with other MachinaLabs products, like Machinary, MachinaAI Modules and MachinaTrader.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.