Ethereum’s price has been relatively flat in the last 24 hours, with a slight 11% drop in the past month. The Federal Reserve Chairman, Jerome Powell, has hinted at more interest rate hikes in the future, but this has not caused any panic. Ethereum’s price chart currently shows a bearish sentiment, with the Parabolic SAR tracking the price from above and the MACD line in the negative zone.Whale investors are taking advantage of Ethereum’s price drop to accumulate the token, according to Lookonchain. Four whales have accumulated $94 million worth of Ether in the last seven days, indicating that large investors anticipate a price increase.ARK Invest and 21Shares have applied for two Ethereum futures exchange-traded funds (ETFs). If these applications are approved, the price of ETH will rebound, and an uptrend to $2,000 might be on the way.Wall Street Memes is a presale that opens up fast gains for investors. The presale has already raised over $25 million and the native WSM token trades at $0.0337 during the current presale stage. The presale focuses on a vibrant community of traders seeking to improve the retailers’ offerings while overpowering capitalism.
| Information |
Details |
| Geography |
Global |
| Countries |
|
| Sentiment |
neutral |
| Relevance Score |
7 |
| People |
Jerome Powell, Elon Musk |
| Companies |
Wall Street Memes, OpenSea, BeInCrypto, Bitcoinist, Yahoo Finance, Federal Reserve, US Securities and Exchange Commission, ARK Invest, 21Shares |
| Currencies |
Ethereum, Bitcoin, WSM, USD, EUR |
| Securities |
None |
