-
Blackrock Sells BTC to Buy $18.5M ETH: Ethereum Price Heading to $2,600 in October
Ethereum price reached a weekly timeframe peak of $2.485 on Oct 12, up 7% in 48-hours as dovish US CPI report sparked increased demand for risk assets. On-chain data trends revealed BlackRock began selling Bitcoin (BTC) to buy large units of Ethereum (ETH). Technical indicators offer key insights into how ETH price could potentially react to tis in the short-term. Traders React to Blackrock Dumping BTC for Ethereum Ethereum price has delivered considerable gains in the last 48-hours. The rally has been largely driven by growing bullish tailwinds from the hotter-than-expected US CPI report published on Oct 10. The ... (full story)
- Comments
- Subscribe
-
- Older Stories
From efinancialcareers.com|Oct 12, 2024|2 commentsYesterday was world mental health day, a point of concern for many in finance exacerbated by a year of controversial deaths in the sector. For the occasion, Kevin Lee, CEO of ...
From marketscreener.com|Oct 12, 2024China's consumer inflation rate fell in September, while producer price deflation deepened, even as Beijing rolls out more stimulus measures in a bid to revive flagging demand and ...
From caixinglobal.com|Oct 12, 2024China’s finance ministry on Saturday announced policies for local governments to buy land and housing from property developers, and promised intensive support to help localities ...
-
- Newer Stories
From fxempire.com|Oct 13, 2024Bitcoin’s price hit $63,400 on Oct 12, up 8% since the hotter-than-expected U.S. Consumer Price Index (CPI) report. Amid this rally, renowned trader Peter Brandt has predicted ...
From fxdailyreport.com|Oct 13, 2024The revenue collector persuaded taxpayers regarding compliance to take part in the Voluntary Disclosure Program. Nonetheless, those already going through audits will become ...
From fool.com|Oct 13, 2024With Bitcoin's (BTC -0.66%) price currently hovering around $60,000 and just shy of its all-time high, it might be difficult to think the cryptocurrency has much more upside. ...
- Story Stats
- Posted: Oct 13, 2024 3:00am
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 168
