Tag: ETH

Crypto Giant Grayscale Buys $344,000,000 in Ethereum in Just Two Weeks

The digital asset manager Grayscale just bought over $344 million worth of Ethereum (ETH) on behalf of its investors in a span of two weeks. According to crypto trading and insights platform Bybt, the Grayscale Ethereum Trust (ETHE) witnessed an influx of investments starting from February 3rd to 13th, when thousands of ETH worth tens

CoinShares CSO Reports Institutional FOMO for Ethereum, $175,000,000 Entering ETH-Related Products in Just One Week

Meltem Demirors, the chief strategy officer of investment firm CoinShares, says institutional investors are starting to stampede into Ethereum (ETH) as FOMO surrounding the second-largest crypto asset erupts. In a new Fox Business interview, Demirors reports that CoinShares, which tracks the total institutional inflows into ETH across a number of crypto companies and investment vehicles,

Macro Guru Raoul Pal Says Ethereum Adoption Mirrors Bitcoin – Here’s How High ETH Could Go This Cycle

Macroeconomics guru and Real Vision co-founder Raoul Pal is predicting that Ethereum will surge to $20,000 this cycle. In a Marco Insiders article, the former Goldman Sachs executive says that his models, including Metcalfe’s Law which states that the value of a network is directly correlated with its number of users, suggest that a crypto