Latest news with #Pectra
Yahoo
a day ago
- Business
- Yahoo
Ethereum Price Prediction - What could affect ETH''s future price?
Ethereum price prediction reflects a balance of bullish technical momentum, upcoming protocol upgrades, and regulatory tailwinds, though the asset must overcome key resistance levels and mounting competitive pressures to maintain its growth trajectory. - Pectra upgrade boosts scalability and staking efficiency - $2,700–$2,800 resistance pivotal for next bullish leg - CLARITY Act progress could reduce regulatory uncertainty - Institutional inflows via ETFs remain volatile The Pectra upgrade (activated May 2025) introduced critical improvements:- EIP-7251: Raised validator staking cap to 2,048 ETH, streamlining operations for institutions- EIP-7702: Enabled smart contract-like functionality for standard wallets, improving user experience- EIP-7691: Doubled blob capacity for L2s, reducing fees by ~40% post-upgrade These changes have already driven a 20% increase in Total Value Locked (TVL) to $61.8B and improved network efficiency metrics. ETH faces a decisive battle at $2,700–$2,800:- Bullish: Ascending triangle pattern suggests breakout to $3,200–$3,300 if resistance breaks- Bearish: Failure to hold $2,465 support could trigger correction to $2,100–$2,200- Indicators: RSI (65) shows room for upside, but MACD histogram remains negative (-18.71) The 200-day EMA at $2,694 and Fibonacci 0.618 level ($2,966) are key technical markers. CLARITY Act: Bipartisan bill clarifying SEC/CFTC roles may reduce regulatory friction for ETH-based products MiCA Compliance: Santander's Openbank launching EU crypto services could drive institutional adoption ETF Dynamics: Spot ETH ETFs saw $435M inflows in May but average holders remain 21% underwater, creating sell pressure risk Ethereum price prediction hinges on the asset's ability to turn key technical resistance into support, while leveraging protocol upgrades and improving regulatory clarity. The $2,700–$2,800 zone is pivotal this week—a confirmed breakout could support bullish targets, whereas a rejection may signal continued consolidation. Will Ethereum's developer momentum outpace Solana's user growth in the L1 race? Ethereum price prediction for mid-2025 leans cautiously bullish, supported by institutional adoption and strong technical resilience. However, recent market volatility and evolving regulatory shifts continue to moderate investor optimism. - Bullish catalysts: Arthur Hayes' $5K prediction, ETF inflows, and Santander's crypto expansion. - Bearish pressures: $750B liquidations, ETH ETF investors' -21% unrealized losses, and macro uncertainty. - Critical levels: $2,700 resistance seen as make-or-break for near-term momentum. Traders and institutions are split:- Optimists highlight Ethereum's 45% 30-day price surge (to $2,629) and nine straight days of ETF inflows ($435.6M since May 16). Arthur Hayes' $5,000 forecast and Banco Santander's stablecoin plans fuel confidence in ETH's utility.- Skeptics note $660M long liquidations (May 30) and ETH spot ETF holders' average cost basis at $3,300–$3,500, creating sell-pressure risks. Regulatory clarity: The bipartisan CLARITY Act could streamline SEC/CFTC roles, potentially boosting ETH's institutional appeal. Technical thresholds: Repeated $2,700 rejections (May 29–30) contrast with bullish chart patterns mirroring early 2024's breakout setup. Macro risks: U.S. GDP contraction and PCE inflation data (May 30) heightened volatility, with ETH dipping -4.55% in 24 hours. Arthur Hayes (ex-BitMEX CEO): Calls ETH 'the most despised L1,' predicting $4K–$5K in 2025 via contrarian positioning. Fidelity analysts: Flag ETH's MVRV Z-Score (-0.18) as undervalued, though warn of 2022-like extended declines. Glassnode: Spotlights ETH ETF investors' $2.94B inflows since July 2024 but warns of 'substantial underwater' positions. Ethereum price prediction hinges on whether institutional tailwinds can outweigh technical and macroeconomic headwinds. A sustained close above $2,700 would confirm bullish momentum. What's next: Can Ethereum decouple from Bitcoin's dominance (63.07%) if the CLARITY Act passes? To get the latest update on Eth, visit our Ethereum currency page. Content created: 30th May 2025 Disclaimer: Content generated by CMC AI. CMC AI can make mistakes, please DYOR. Not financial advice. Sign in to access your portfolio
Yahoo
3 days ago
- Business
- Yahoo
Ethereum ETFs Outperforming in May
Ethereum ETFs have gained strong momentum in May and are outperforming the other major asset classes. This is primarily due to a surge in the world's second-largest cryptocurrency, driven by a combination of institutional investments, technological advancements and favorable regulatory crypto is currently trading above $2,600, having gained 38% this month. Grayscale Ethereum Mini Trust ETF ETH, Bitwise Ethereum ETF ETHW, VanEck Ethereum ETF ETHV, iShares Ethereum Trust ETF ETHA and Grayscale Ethereum Trust ETF ETHE all soared more than 50% in a month. The Ethereum upgrade, Pectra, which went live mid-month, marks a major milestone for the crypto. Ethereum spiked 20% alone in a day following the successful rollout of its much-anticipated 'Pectra' network upgrade. The upgrade introduces a suite of enhancements aimed at tackling persistent challenges in the Ethereum ecosystem, including high transaction fees, usability issues, and scalability constraints. It thus enhances Ethereum's scalability and reduces transaction costs (read: 5 ETFs to Ride the Bullish Wave of Ethereum's Pectra Upgrade). The easing of trade tensions with the U.S.-China and EU-US trade deal talks has sparked optimism in Ethereum. Institutional interest has increased, with significant purchases from large investors indicating growing confidence in Ethereum's value. Let us delve into the abovementioned ETFs in detail:Grayscale Ethereum Mini Trust ETF (ETH)With AUM of $1.2 billion, Grayscale Ethereum Mini Trust ETF seeks to reflect the value of Ether held by the Trust. It is the lowest-cost Ether ETF in the United States, charging investors 15 bps in annual fees. ETH trades in an average daily volume of 2 million shares (read: all the Digital Economy ETFs here).Bitwise Ethereum ETF (ETHW)Bitwise Ethereum ETF seeks to provide exposure to the value of Ether. It has amassed $230.8 million and charges 20 bps in annual fees. ETHW trades in an average daily volume of 347,000 shares. VanEck Ethereum ETF (ETHV)VanEck Ethereum ETF seeks to reflect the performance of the price of Ether. It has gathered $113.5 million in its asset base and trades in an average daily volume of 82,000 shares. From July 23, 2024, to July 22, 2025, the expense ratio has been waived on the first $1.5 billion of Trust assets. Assets above that amount will incur a 0.20% annual Ethereum Trust ETF (ETHA)iShares Ethereum Trust ETF seeks to generally reflect the performance of the price of ether. It is managed by the world's largest asset manager and leverages a multi-year technology integration developed with Coinbase Prime, the world's largest institutional digital asset custodian. ETHA has AUM of $3.2 billion and trades in an average daily volume of 12 million shares. It charges 25 bps in annual Ethereum Trust ETF (ETHE)Grayscale Ethereum Trust ETF seeks to reflect the value of Ether held by the Trust. It is the first spot Ether exchange-traded product to commence trading in the United States. ETHE has an expense ratio of 2.50%. It has gathered $2.8 billion in its asset base and trades in an average daily volume of 4 million shares. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Daily Maverick
4 days ago
- Business
- Daily Maverick
Ethereum's Comeback Story?
The hype is real. Ethereum, the second largest cryptocurrency after Bitcoin (BTC), whose blockchain powers a large chunk of the crypto world, recently rolled out its latest big update called Pectra. Ethereum's Mainstream Moment So, is all the fuss worth paying attention to? Sean Sanders, CFA Charterholder and CEO of Cape Town based alternative investing platform Altify, answers: 'Yes — this could be Ethereum's mainstream moment, similar to how streaming services like Netflix made movies accessible on demand in every home, moving beyond physical rentals or broadcast schedules. This upgrade lays crucial groundwork for Ethereum's future growth and its role in the wider financial world. Using crypto and decentralised applications has felt far too technical for most. Pectra and the other upgrades to come are all about smoothing out those rough edges, making Ethereum much simpler and more powerful for everyone, not just crypto enthusiasts.' To celebrate this milestone, Altify's offering fee-free Ethereum (ETH) investing for the next week. You can invest any amount with zero fees. Be sure to read the Terms & Conditions at the bottom of this article. So, What Does Pectra Actually Do for You? Blockchains are software, so you can think of this like a big operating system update for your phone that makes everything smoother, quicker, and more secure. That's Pectra for Ethereum. It focuses on several key areas to genuinely improve how you use the network, delivering smarter, more intuitive wallets, lower transaction fees for all popular Ethereum apps, and a more powerful backbone for the entire system. Why is This Important? Financial products, like stocks and bonds, and real-world assets (RWAs), like property title deeds or commodities that exist in the physical world can have their ownership rights represented as a digital token on a blockchain. While Artificial Intelligence (AI) has been a major trend for the past few years, the rise of asset tokenisation isn't far behind. The chart below shows how quickly tokenised real-world assets (not including stablecoins — digital tokens that are backed by regular money, often a so-called fiat currency like the US dollar) have grown. They've seen an explosive 85% year-over-year increase, reaching $15.2 billion by December 2024. If you include stablecoins the total tokenised market jumps to over $217.26 billion. Larry Fink, the CEO of BlackRock, one of the world's largest investment firms, has spoken extensively about the future of finance and the role of tokenisation. He believes that 'the next generation for markets, the next generation for securities, will be tokenisation of securities'. He has also stated that 'every stock or bond will be on one general ledger, and every investor will have their own identification'. This vision, shared by millions of industry professionals, exists because tokens digitise and automate processes, reduce costs tied to middlemen, while offering transparency, programmability, and 24/7 transferability. Ethereum is the foundational infrastructure for tokenisation, and that's no accident. Unlike Bitcoin, Ethereum's blockchain has 'smart contracts.' These are like built-in agreements that let people create, manage, and send all kinds of digital tokens. The more these tokenised assets are created and are transferred on Ethereum, the more useful and valuable the network becomes. This, in turn, boosts the value of Ethereum's own cryptocurrency, called Ether (ETH). Its established infrastructure, widespread developer ecosystem and proven security have made it by far the market leader, commanding $134 billion or 61.75% of the tokenised real-world asset market. It also handles the vast majority of stablecoin volume, making it a significant part of the digital economy. Ethereum is set to play a central role in how traditional finance and real-world assets merge with the digital asset world. The Market is Taking Notice The market has reacted positively since the Pectra upgrade was completed in early May. Over $205 million has been invested into Ethereum's listed investment products. This shows growing confidence in Ethereum's future, particularly from larger institutional investors. They see these upgrades making the network more professional and predictable. However, ether (ETH), Ethereum's native cryptocurrency, hasn't kept pace with Bitcoin in performance. Bitcoin has led the way over the last four years, providing investors a remarkable 170% return, while Ethereum had a 6% drop over the same period. This is all while Bitcoin has experienced minimal technological developments while Ethereum has rolled out numerous upgrades and improvements. Bitcoin vs Ethereum The ratio of Ethereum's price to Bitcoin's price (the ETH/BTC ratio) in the chart below represents the amount of Bitcoin it takes to buy 1 Ether. When the ratio rises, Ether is outperforming Bitcoin – and when it falls, Ether is underperforming. Ethereum's price performance has disappointed with the ETH/BTC ratio reaching near five-year lows before Pectra, but has since seen a notable rebound. Ethereum's Comeback Story? Ethereum's up over 50% over the last month, ahead of Bitcoin and major other cryptocurrencies, suggesting renewed interest in Ethereum's 'catch-up' trade. While Bitcoin has had its moment in the spotlight over the last few years, savvy investors look ahead. Ethereum is well-positioned to keep growing and gain market share in the coming 1, 3, 5, or even 10 years. The stage is set for Ethereum. With foundational upgrades making the network more powerful, the rapid rise of real-world asset tokenisation, and its established dominance in tokenisation and stablecoins, Ethereum has the potential to evolve from a promising technology into the technological backbone of financial markets. Ready to Explore Ethereum? Altify is running a limited time, fee-free promotion on all Ethereum (ETH) investments. All you need to do is sign up and invest in Ethereum with as little as R150. To get started and take advantage of Altify's fee-free offer: Sign Up Download the Altify mobile app (Apple or Android) and verify your account. Fund Your Account Deposit at least R150 via bank transfer. Invest Take advantage of the Altify fee-free promotion and sell out whenever you wish. DM Risk Disclosure Altify SA Capital (Pty) Ltd (FSP 52727) and Altify SA DAS (Pty) Ltd (FSP 53289) are both authorised financial services providers (FSPs). This article is provided solely for informational purposes. The opinions expressed herein do not constitute investment advice or recommendations, nor should they be regarded as such. This document does not represent an offer to buy or sell, or a solicitation of an offer to buy or sell, any of the investments mentioned. Altify operates as a brokerage service facilitating the reception and transmission of crypto asset orders, without providing investment advice or personalised recommendations. While Altify advocates for the broader accessibility of cryptocurrencies, they may not be suitable for every investor. It is important to consider your investment goals, experience level, and seek independent financial advice where necessary. Altify strongly recommends conducting comprehensive research before investing in cryptocurrencies. Investors are solely responsible for their own investment decisions. Considering the high volatility associated with cryptocurrencies, please evaluate your financial circumstances carefully before engaging in transactions. Cryptocurrencies carry a high risk, with potential for both significant gains and losses. Investing in cryptocurrencies may lead to a total loss of capital. Past performance is not indicative of future results, and returns cannot be guaranteed as cryptocurrency values fluctuate based on market supply and demand. Do not invest more than you can afford to lose and seek professional guidance if you are unsure about the suitability of a cryptocurrency investment for your specific situation.
Yahoo
24-05-2025
- Business
- Yahoo
Should You Buy Ethereum While It's Under $2,600?
Ethereum has rallied 50% in the past month. Stablecoin legislation could boost the Ethereum ecosystem, which is home to many decentralized finance projects. Critics point to scalability issues, but Ethereum is still a force to be reckoned with. 10 stocks we like better than Ethereum › Bitcoin (CRYPTO: BTC) has seriously overshadowed Ethereum (CRYPTO: ETH) this year. The leading crypto rallied to a new all-time high in January, while Ethereum struggled to come close to its 2021 glory days. This week, Bitcoin set a new price record, and Ethereum is still almost 50% below its record high set in late 2021. However, the tide may be shifting. Ethereum has gained about 50% during the past month. Moreover, several factors might push its price higher before year-end. If you're wondering whether now is a good time to buy Ethereum, here are some considerations that may figure in its price. Ethereum has a lot going for it. It's more accessible than almost every other crypto, since the Securities and Exchange Commission has only approved spot exchange-traded funds (ETFs) for Bitcoin and Ethereum. It's the second-biggest crypto by market cap, and -- as the original smart contract crypto -- it's home to thousands of projects and billions of dollars' worth of assets. Smart contracts are tiny pieces of code that live on the blockchain and make it programmable. The difficulty is that it's been plagued by scalability issues for some time. From slow transactions to relatively high gas (user) fees, Ethereum has become the crypto people love to hate. Even so, it has the most development activity of any network and a proven history of successful technical upgrades. And its price is starting to rally. The following tailwinds could push it even higher in the coming months: Its recent Pectra upgrade was a success. The upgrade, which improves staking and usability, is another step on Ethereum's journey to increased scalability. Ongoing developments are part of what keeps the Ethereum engine secure and running. The GENIUS Act could be good for Ethereum. The bipartisan legislation that sets a framework for stablecoins took another step forward this week and will soon be put to the Senate. The Ethereum ecosystem is home to many stablecoins, as well as a large chunk of the decentralized finance projects. As such, clearer regulation could promote growth for the blockchain. Investors are holding Ethereum. Blockchain analytics firm Santiment reported this week that the amount of Ethereum on crypto exchanges is at an all-time low. Just 4.9% of the Ethereum supply is held on centralized exchanges. Limited supply on exchanges is often seen as a sign of investor confidence. The fact that people are storing their assets elsewhere can mean they aren't planning to sell. Standard Chartered recently slashed its price forecast for Ethereum. It now expects the beleaguered crypto to reach $4,000 by the end of the year. That's still about a 60% higher than today's price. It cited scalability issues and questioned the project's fundamentals. Those are legitimate concerns, but there's one point that Ethereum critics miss: Ethereum is still being used. People trust it and build on it. DefiLlama says that more than half the money -- $60 billion in total locked value -- that's on crypto platforms is on Ethereum. For all the talk about so-called Ethereum killers, none of them have yet displaced it. Sure, faster, newer cryptocurrencies like Solana (CRYPTO: SOL), Tron (CRYPTO: TRX), Avalanche (CRYPTO: AVAX), and more have taken some market share. Investors can't ignore Ethereum's issues or the competition it faces. However, Ethereum's reliability and the fact that developers know how to use it mean it is still very much in the game. One of the challenges with long-term crypto investing is that it is a very speculative asset class. In an industry where investors are often chasing the next big thing, old favorites can get left behind. It's true that Ethereum hasn't seen the same price action as Bitcoin this year. Still, the work has continued, and its ecosystem is a force to be reckoned with. As the crypto industry matures, solid projects with proven track records and real-world utility may capture investor attention again. That may include workhorse Ethereum. Before you buy stock in Ethereum, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Ethereum wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $644,254!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $807,814!* Now, it's worth noting Stock Advisor's total average return is 962% — a market-crushing outperformance compared to 169% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Emma Newbery has positions in Avalanche and Ethereum. The Motley Fool has positions in and recommends Avalanche, Bitcoin, Ethereum, and Solana. The Motley Fool has a disclosure policy. Should You Buy Ethereum While It's Under $2,600? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
Prediction: This Cryptocurrency Will Be the Biggest Comeback Story of 2025
Ethereum is still down 20% for the year, making it one of the worst-performing top cryptocurrencies. After a much-anticipated tech upgrade in May, Ethereum appears to have new momentum headed into the second half of the year. Investor inflows are returning to the spot Ethereum ETFs, which could lead to new price gains. 10 stocks we like better than Ethereum › Ethereum (CRYPTO: ETH), the world's second-largest cryptocurrency, has had an absolutely dreadful start to the year. It's still down 20% in mid-May, and has been underperforming the broader crypto market for months now. However, a number of catalysts are coming together for Ethereum that could make it the comeback story of the year. In the second half of 2025, I'm expecting a big breakout for Ethereum. Here's why. It might sound simplistic, but the easiest way to gauge how much momentum a cryptocurrency has is by looking at investor inflows and outflows. This method is available to Ethereum investors, because it is one of only two cryptocurrencies with exchange-traded funds (ETFs) based on their current spot prices. Generally, if money is flowing into these spot ETFs, it suggests rising demand and can put upward pressure on Ethereum's price. If money is flowing out of these spot ETFs, the price of Ethereum is likely to fall. Other factors also drive Ethereum's price changes, including market sentiment and recent news, but generous ETF inflows are still a handy measuring stick. That's why the first half of the year has been so problematic for Ethereum. Investors were moving money out of these ETFs at a rapid pace. But inflows are starting to appear again. In fact, May is shaping up to be the best month of the year, with over $100 million in new money flowing into the spot Ethereum ETFs. It's still too early to do a victory lap, but things are definitely looking better. Another important catalyst is a brand-new upgrade of the Ethereum blockchain, known as "Pectra" (a combination of "Prague" and "Electra"). While blockchain upgrades are a dime a dozen these days, this one from Ethereum really resonated with investors. As soon as Pectra went live on May 7, the price of Ethereum started to soar. There are several reasons why the Pectra upgrade has resonated so much with investors. The primary reason is that it reaffirms Ethereum's desire to boost its transaction processing capacity. This is one area where upstart rivals have really stolen a march on Ethereum, so it's important to show constant progress on this front. The upgrade also helps to make Ethereum cheaper and easier to use. At the same time, Ethereum co-founder Vitalik Buterin appears to be making important changes to the overall strategic vision for the blockchain network. Just days before the Pectra upgrade, for example, he outlined a vision to make Ethereum "as simple as Bitcoin (CRYPTO: BTC)" within the next five years. Ever since The Merge in 2022, Ethereum has been making so many upgrades, and getting so bogged down in wonky tech implementations, that it has become too complex and too difficult for many people to use. So Ethereum has been forced to rely on Layer 2 scaling solutions (helper blockchain systems that sit on top of the core Ethereum blockchain) to improve speed and scalability. The good news is that the Ethereum community seems to have woken up to this problem. After months of people complaining about Ethereum's slow performance, Buterin appears to be searching out new approaches that will simplify Ethereum, making it cheaper to use and easier to maintain. At the end of the day, any comeback for Ethereum is only possible if it becomes a bigger player in the White House's strategic vision for crypto. The good news is that there have been some promising first steps. For example, Ethereum has become a core holding of World Liberty Financial, the Trump-affiliated crypto venture. And, in March, the White House added Ethereum to the U.S. Digital Asset Stockpile. But here's the thing: Vitalik Buterin was an unexpected no-show at the big Crypto Summit at the White House in March. In the past, he has made no secret of his disdain for the politicization of crypto, and his personal desire to prevent the Ethereum blockchain ecosystem from being transformed into a "degenerate casino" for Wall Street. Maybe this is reading too much into things, but Buterin's no-show at the Crypto Summit could suggest that Ethereum is not quite ready to get on board with some of the White House's more aggressive crypto moves. That could end up costing Ethereum, if it ends up losing ground to other blockchain rivals. By just about any measure, Ethereum has underperformed this year. It is losing ground in key sectors of the crypto world. It failed to capitalize on the enormous retail investor interest around meme coins, and it has yet to get fully on board with the White House's pro-crypto strategy. But that was the first half of 2025. The second half of 2025 looks much more favorable. In fact, I wouldn't be surprised at all if Ethereum outperforms Bitcoin over the next six months, making it the crypto sector's comeback story of the year. Before you buy stock in Ethereum, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Ethereum wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $640,662!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $814,127!* Now, it's worth noting Stock Advisor's total average return is 963% — a market-crushing outperformance compared to 168% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Dominic Basulto has positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has a disclosure policy. Prediction: This Cryptocurrency Will Be the Biggest Comeback Story of 2025 was originally published by The Motley Fool
