Something’s off with Ethereum price, and nobody wishes to speak about it.
You ‘d believe with Bitcoin splitting above $90K and the entire market riding high after Trump’s win, ETH would be right there celebrating as well.
But nope. The second-largest crypto is resting at $3,100 (after striking ~ 3,400), looking like it just isolated itself.
That’s ~ 44% below its finest days – and the silence from the Ethereum community? Pretty uncomfortable.
Even the big money appears to be providing ETH the cold shoulder. While they’re tossing billions at Bitcoin ETFs, Ethereum’s barely getting any kind of interest.
And in a market where even meme coins are exceeding? That’s โฆ worrying.
Ethereum Price History
So what’s truly going on? Let’s make sense of all of it! Here is a quick rundown of the top headings in the crypto news from the past 1 day:
- -A “Inspect your DMs” tweet from a16z sent an AI CTO token soaring 50%.
- -Options Cleaning Company is prepping for main Bitcoin ETF choices trading by Nov 19.
- -MicroStrategy just purchased an additional 51,780 Bitcoin ($ 4.6 B) and desires $1.75 B a lot more.
- -The “Crypto Queen” Razzlekhan gets 18 months for laundering $10.8 B in Bitcoin while writing posts concerning โฆ stopping crypto crime.
- -Bitcoin ETFs struck $138B in total possessions with $1.67 B streaming in recently alone.
Let’s dive in!
A Surprise Connection Between a16z and This AI Token?
A two-word X blog post simply transformed an AI job’s trajectory.
When AI16Z’s owner casually connected to a16z’s CTO lead Eddy Lazzarin on X, the feedback was basic: “Examine your DMs.” That’s all it considered the markets to react.
The token, which powers a DAO run by an AI agent named Eliza, surged 50% in mere hours. That’s a $480 million market cap for a task that launched just last month.
Bitcoin ETF Alternatives Inbound!
TradFi is about to add an additional crypto device to its arsenal.
The Options Cleaning Company (OCC) simply revealed they prepare to handle choices trading for spot Bitcoin ETFs. Translation? You could quickly have the ability to trade options on BlackRock’s Bitcoin ETF (IBIT) – possibly as early as Nov. 19.
MicroStrategy’s Making Moves
MicroStrategy simply made its boldest Bitcoin relocation yet.
The firm simply purchased 51,780 Bitcoin for $4.6 billion, pressing their total stash to 331,200 BTC. That mores than 1% of all Bitcoin that will ever exist.
But that’s not it – they’re preparing to elevate another $1.75 billion with zero-interest notes to purchase even more.
The Crypto Queen That Rapped Concerning Criminal Offense โฆ After That Got Caught
A rap artist, technology influencer, and now convicted crypto launderer – Heather Morgan’s tale simply obtained its final chapter.
Known online as “Razzlekhan,” Morgan was simply sentenced to 18 months behind bars for her function in laundering $10.8 billion well worth of stolen Bitcoin from the infamous 2016 Bitfinex hack. Her other half got 5 years for masterminding the entire procedure.
The paradox? Before her arrest, Morgan was creating short articles about cybercrime avoidance while at the same time helping to wash 120,000 Bitcoin through coin mixers and darknet markets.
These ETF Figures Are Obtaining Absurd
Bitcoin ETFs simply hit an additional mind-bending milestone – $138 billion in complete assets. Let that sink in.
With Bitcoin touching $93,400, financiers can’t seem to obtain enough. They put $1.67 billion right into Bitcoin ETFs just recently, pushing Bitcoin ETF properties to $95.4 billion. That’s six straight weeks of individuals expending these funds.
Are you planing on buying any Ethereum at the current Ethereum Price?
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