Day: March 10, 2025

Ethereum Price Forecast: ETH Eyes Recovery Amid ETF Outflows

Written by Stephanie Bedard-Chateauneuf on . Posted in Cryptocurrency. Leave a Comment

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Ethereum (ETH), the second-largest cryptocurrency by market capitalization, continues to face significant headwinds as exchange-traded fund (ETF) outflows pressure its price. Despite Ethereum’s recent dip near the $2,000 psychological level, there are signs of a potential recovery. In this article, we will explore the factors influencing Ethereum price forecast, including exchange net outflows, ETF selling activity, and technical indicators that suggest a possible reversal.

Ethereum ETF Outflows Weigh on the Crypto Market 

Ethereum’s recent price decline can be attributed to broader market sentiment and the growing influence of institutional investors through crypto ETFs. Last week, Ethereum exchanges saw one of the highest weekly net outflows of $1.8 billion, the largest amount since December 2022. While this suggests a strong buy-the-dip attitude among crypto-native investors, the selling pressure from institutional players, particularly those involved in Ethereum ETFs, remains a major drag on the market.

Crypto ETFs in the U.S. recorded a net outflow of approximately $94 million last week, indicating that institutional investors continue to scale back their holdings. This trend has contributed to the overall negative sentiment in the crypto space, with Ethereum price struggling to maintain its footing near the $2,000 level.

Ethereum Price and Market Sentiment: Institutional Sell-Offs Persist 

The decline in Ethereum’s price has also been linked to the rising correlation between cryptocurrencies and traditional stock markets. As the S&P 500 has dropped over 450 points since hitting its all-time high on February 19, investors are increasingly adopting a “risk-off” approach. President Donald Trump’s tariff decisions on international trading partners have only added to the uncertainty in the global markets, which is spilling over into the crypto sector.

Ethereum ETFs, which allow traditional investors to gain exposure to Ethereum without directly holding the asset, have seen a combined outflow of $4.75 billion over the past four weeks. This continued outflow of funds is a significant factor weighing on Ethereum price, as institutional investors are a key part of the market’s liquidity.

Technical Indicators Suggest a Potential Reversal for Ethereum 

Despite the negative sentiment surrounding Ethereum, there are several technical indicators that suggest a potential reversal. Ethereum’s price has recently bounced off the $2,000 psychological level, indicating that buyers may be viewing this level as an attractive entry point.

The Stochastic Oscillator, a momentum indicator, is currently in the oversold region, which often signals that the asset is due for a rebound. Additionally, Ethereum’s Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) indicators are both showing bearish momentum, but they have not yet reached extreme levels that would suggest a prolonged downturn.

If Ethereum can pull off a high-volume move above the $2,200 resistance level and break through key ascending trendline resistance, it could signal the beginning of a recovery. However, the price action must close weekly above this level to confirm the reversal.

Ethereum Price Forecast: What’s Next for ETH? 

The future of Ethereum price largely depends on the balance between buying pressure from crypto-native investors and the ongoing selling pressure from institutional players. If Ethereum continues to hold the $2,000 level, the buy-the-dip sentiment could drive the price higher in the coming weeks. However, if Ethereum fails to maintain this level and falls below $1,500, it could lead to further declines toward the $1,000 psychological level.

Ethereum’s price forecast is also closely tied to broader market conditions. If traditional stock markets continue to struggle or if global economic uncertainty worsens, the crypto market may continue to feel the pressure of ETF outflows. Conversely, any positive developments in the macroeconomic landscape or changes in investor sentiment could trigger a price recovery for ETH.

Conclusion: Ethereum’s Road to Recovery 

While Ethereum faces significant challenges due to ETF outflows and market sentiment, the technical indicators suggest that there is potential for a price reversal. Crypto-native investors are seizing the opportunity to buy Ethereum at discounted levels, but institutional selling continues to weigh heavily on the market. Ethereum’s ability to hold key support levels and break through resistance will determine if a recovery is on the horizon. As always, Ethereum’s future performance will depend on the broader market conditions and investor sentiment.

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Trump’s Bitcoin Reserve: Too Little, Too Late for Investors?

Written by Stephanie Bedard-Chateauneuf on . Posted in Cryptocurrency. Leave a Comment

This post was originally published on this site

 Bitcoin (BTC-USD) continues its downward spiral despite efforts from President Donald Trump to boost the cryptocurrency market. A key component of his pro-crypto stance was the announcement of a Bitcoin Reserve, aimed at legitimizing Bitcoin as a global asset. However, this reserve, although symbolic, has failed to restore investor confidence, with Bitcoin’s price falling below $78,000. In this article, we’ll analyze how the Bitcoin Reserve fits into the broader crypto market narrative and whether it’s enough to reverse the recent downtrend.

Trump’s Bitcoin Reserve: A Promise Fulfilled but Not Enough

Trump’s administration recently made headlines by introducing a Bitcoin Reserve, a promise he campaigned on as part of his broader efforts to establish the U.S. as the “crypto capital of the world.” While many in the crypto community viewed this as a significant step toward mainstream adoption, the announcement has failed to stem the tide of falling crypto prices. The Bitcoin Reserve, initially hailed as a victory, has yet to fulfill expectations, and the market is reacting with caution.

The reserve, which primarily includes Bitcoin seized in criminal cases, is now seen as a symbolic move. Although Trump’s team, led by crypto czar David Sacks, claims that the government holds an estimated 200,000 BTC worth over $17 billion, the announcement didn’t come with the anticipated news that the U.S. would buy more Bitcoin for its reserves. As a result, the market remains skeptical, and Bitcoin continues to fall in value.

The Reality Behind Bitcoin’s Decline

Since Trump’s election victory in November, Bitcoin and other cryptocurrencies had initially surged due to the expectation of a more crypto-friendly administration. However, the ongoing decline in Bitcoin’s price demonstrates that a pro-crypto policy is no longer enough to sustain the rally. Several factors, including broader economic concerns such as inflation and global market instability, are dragging down the entire crypto sector. According to Jeff Dorman, CIO of Arca, the recent Bitcoin sell-off is primarily driven by macroeconomic factors and the turbulence in the equity markets.

Despite the promising signals from Trump’s Bitcoin Reserve, Bitcoin’s recent performance shows how vulnerable the cryptocurrency market is to broader economic dynamics. Bitcoin’s decline has been exacerbated by waning investor confidence and skepticism surrounding the reserve’s true impact on future demand for digital assets.

What Does This Mean for Bitcoin Investors?

For investors hoping that Trump’s Bitcoin Reserve would be the catalyst for another bull run, the reality is less optimistic. The Bitcoin Reserve, while it may legitimize the cryptocurrency in the eyes of the U.S. government, does not appear to have enough momentum to drive substantial demand for Bitcoin. The government has stated it will not purchase additional Bitcoin for the reserve beyond what has already been seized in legal proceedings, which further limits its potential impact.

Coinbase Global (NASDAQ:COIN), a major cryptocurrency exchange, has also felt the ripple effects of Bitcoin’s downturn. On Monday, the company saw its stock price fall by 18%, reflecting the broader challenges facing the cryptocurrency market. As crypto assets face increasing scrutiny and the potential for further regulation, many investors are rethinking their strategies.

Looking Ahead: The Future of Bitcoin and the Reserve

While the Bitcoin Reserve may have been a key promise made during Trump’s campaign, its long-term effects on Bitcoin and the broader crypto market remain uncertain. For now, the reserve remains a relatively passive component of the U.S. government’s involvement in cryptocurrency, as it largely consists of seized assets. There is still no clear strategy for further acquisition or active support for Bitcoin’s price recovery.

David Sacks, crypto czar for the Trump administration, has suggested that there could be a future strategy for acquiring additional Bitcoin through “budget-neutral” methods. However, with the U.S. government’s current stance on crypto acquisition, it’s unclear if this will be enough to shift market sentiment and spark a resurgence in Bitcoin prices.

Conclusion: Is Trump’s Bitcoin Reserve Enough for Investors?

While President Trump’s Bitcoin Reserve represents a significant step in the U.S. government’s recognition of Bitcoin, it is unlikely to reignite the bullish trend the crypto market had hoped for. Bitcoin’s price is still down significantly, and the broader economic factors influencing the crypto market continue to create uncertainty. As the reserve remains largely symbolic for now, investors may want to reconsider their expectations and strategies regarding Bitcoin.

For more on Bitcoin’s performance and the evolving crypto landscape, stay updated on market trends and news.

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AB is Now Listed on Hotcoin and Set to Launch on Gate, BitMart, Lbank, and Biconomy

Written by CryptoCurrencyNews on . Posted in Cryptocurrency. Leave a Comment

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SINGAPORE, March 9, 2025 /PRNewswire/ — On March 8, 2025, AB DAO announced that $AB has officially been listed on Hotcoin (hotcoin.com) at 18:00 (UTC+8), further expanding its global trading network and driving AB’s adoption in the Web3 ecosystem. Additionally, $AB is set to be listed on four more major exchanges: Gate (gate.io), BitMart (bitmart.com), Lbank (lbank.com), and Biconomy (biconomy.com), significantly enhancing AB’s global liquidity and ecosystem reach.

AB Trading Details
Trading Pair: AB/USDT
Deposit Opening: March 7, 2025, 12:00 (UTC+8)
Trading Opening: March 8, 2025, 18:00 (UTC+8)
Hotcoin Official Announcement:
https://www.hotcoin.com/zh_CN/support/article/?id=25704168485425152&code=25704168485163008&catalogCode=19112597563772928 

AB DAO Ecosystem Continues to Expand
With the Hotcoin listing, users can now trade $AB on the following exchanges:
Bitget (bitget.com)
HTX (htx.com)
MEXC (mexc.com)
BingX (bingx.com)
Hotcoin (hotcoin.com)
4E (eeee.com)
Gate (gate.io) (Coming Soon)
BitMart (bitmart.com) (Coming Soon)
Lbank (lbank.com) (Coming Soon)
Biconomy (biconomy.com) (Coming Soon)
The listing of $AB on Hotcoin marks another major step in AB DAO’s global expansion strategy. In the coming months, AB will continue listing on more exchanges, expanding its ecosystem use cases and accelerating worldwide adoption.

AB DAO’s Goal: 100 Million $AB Holders
Now is the time to join the movement—unite, strengthen the community, and drive the expansion of the AB ecosystem. The mission is clear: onboard tens of millions of users and build a decentralized future together.

Stay Updated with AB DAO
Official Website: https://ab.org
Telegram Global Community: https://t.me/Newtonproject
Telegram Chinese Community: http://t.me/ABgonglian
Telegram English Channel: https://t.me/AB202528
X (Twitter): https://x.com/ABDAO_Global
Discord: https://discord.gg/BSbgK6J

Cision View original content:https://www.prnewswire.co.uk/news-releases/ab-is-now-listed-on-hotcoin-and-set-to-launch-on-gate-bitmart-lbank-and-biconomy-302396571.html

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Why are eggs so important in our battle against inflation?

Written by Quentin Fottrell on . Posted in Penny Stocks. Leave a Comment

This post was originally published on this site

The Justice Department has launched an investigation into the reasons for the surge in egg prices, the Wall Street Journal reported Friday, citing people familiar with the issue. Antitrust enforcers will focus on whether producers have conspired to hike egg prices.

The price of eggs has risen by 50% over the past year. The average cost of a dozen Grade A large eggs hovers at $4.95, up 240% from $1.46 five years ago. We grudgingly accept those kinds of price hikes with real estate, especially if we are homeowners. But eggs? Not so much.

They’re a symbol of our economic anxiety and — critically — a cheap source of protein and many other nutrients. The rise in egg prices and shortage in egg supplies unnerves consumers and makes us question the wider economic landscape.

About that anxiety: In MarketWatch’s “call of the day” on Monday, a Wall Street bull, Yardeni Research president Ed Yardeni, appears to be getting nervous. “We’re wondering whether Trump Tariff Turmoil 2.0 might trigger a rare kind of flash crash unaccompanied by a recession,” he said.

In an interview broadcast on Fox News on Sunday, President Trump refused to rule out a recession related to his tariffs. “I hate to predict things like that. There is a period of transition because what we’re doing is very big. We’re bringing wealth back to America,” the president said.

The rise in egg prices and shortage in supplies makes people question the economic landscape. 

Eggs are an “inelastic” commodity: as prices rise customers don’t necessarily stop buying them; there are precious few alternatives. Economist Jason Lusk says a 1% rise in price only reduces demand by 0.15% and, if the supply falls by 1%, prices will rise by about 6.67%.

Such is the fascination with egg prices that some people are betting on the price of eggs. Others are investing in eggs or, more specifically, egg producers like Cal-Maine Foods CALM CALM and Vital Farms VITL VITL, in the hopes that prices continue to increase.

A staple in many other foods, from waffles, omelettes and cakes to ramen and pancakes, if the price of eggs continues to rise, so does the cost of all those other recipes. Psychologically, people seem to get more upset about eggs than, say, a Starbucks SBUX coffee. 

They are fragile, have a short shelf life and difficult to import. It takes up to five months to raise egg-laying chickens. Paul Harrison, an Australian economist, has likened egg shortages to the panic over toilet paper during COVID. One obvious difference: You can stockpile toilet paper.

A shortage of eggs “serves as what psychologists call a ‘heuristic,’ a mental shortcut that shapes our broader perceptions,” he wrote recently. “When something as mundane as eggs becomes difficult to obtain, it triggers a feeling that something is fundamentally not working.”

Eggs are now so valuable that they have been targeted by organized criminal gangs. Last month, 100,000 eggs worth an estimated $40,000 were stolen from a trailer in Pennsylvania. At current prices, that’s roughly the equivalent to an American football’s weight in gold. 

The Trump administration last month announced a $1 billion plan to combat avian influenza, to protect the U.S. poultry industry and — in theory, at least — egg prices. But questions remain about the role of producers and retailers in the shortage of eggs, and spike in prices.

They are an integral part of the weekly grocery basket and a potent symbol, illustrating the threat of inflation to American household budgets. More than actual rotten eggs, overpriced eggs are a prime ingredient for politicians to throw shade at each other.

Rep. Kristen McDonald Rivet, a Democrat from Michigan, had this to say to the AP about egg prices: “When that is your day-to-day worry, the philosophical conversations about a constitutional crisis or the democracy is simply not a luxury you can afford.”

There seems to be little hope, so far, that prices will go down anytime soon. The United Egg Producers, a trade group, blamed the outbreak on bird flu and said farmers are doing their best to fight against this deadly disease. Millions of  birds have been euthanized as a result.

Eggs are an ‘inelastic’ commodity: as prices rise customers don’t necessarily stop buying them.

America is obsessed with egg prices, but do we really know why they’re so important? Here’s a taster: one 52-gram egg contains 74 kilocalories, 5.2 grams in fat (only 1.7 grams of which are saturated), 70 milligrams of sodium and — drum roll, please — 6.3 grams of protein.

The average woman needs about 45 grams of protein a day, while the average man needs about 55 grams of protein. What’s more, the average egg is rich in calcium, potassium and phosphorus, and trace amounts of copper, iron, manganese, magnesium, selenium and zinc.

Studies suggest eggs are connected to male sexual function and fertility, and a recent study in the British Medical Journal found they could be related to a lower risk of depressive symptoms. Eggs are also rich in a nutrient called choline, which has a role in early brain development.

Healthline says eggs “are among of the most nutritious foods on earth,” pointing out that one large egg contains 9% of the recommended daily allowance (RDA) of vitamin B12, vitamin B2 (15% of the RDA), vitamin A (6% of the RDA), vitamin B5 and selenium: (22%).

It’s little wonder, given their nutritional value, that people have been buying in bulk: In recent months, Costco COST and Whole Foods imposed restrictions on the number of eggs customers can buy at one time. Kroger KR reported that egg prices rose 70% during the fourth quarter.

Their power to focus attention in a fickle news cycle should not be underestimated. 

Shortages hurt, whether it’s baby formula in 2022 or eggs in 2025. “This, in turn, feeds into larger anxieties about inflation, the economy, the cost of living, and supply-chain vulnerabilities,” Harrison, the economist, says. “It reinforces the growing sentiment that we are living in precarious times.”

“The egg shortage won’t last forever, but it is a symptom of a larger problem; one that will only become more pressing in the years ahead,” he adds. “Climate change, resource depletion, and shifting economic structures will make certain commodities more volatile.”

“The question is not just how we react to these shortages, but how we prepare for them,” Harrison says. “There is no easy fix. But a meaningful first step would be acknowledging that we have been living in an era of extraordinary abundance; one that may not be sustainable.”

Americans eat an average of 280 eggs a year, so it’s no wonder that people care so much about the fluctuation in price. Prices only appear to be going in one direction: The U.S. Department of Agriculture recently estimated that egg prices would increase by 20% this year.

For now, eggs represent an entitlement for working families, and their ability to focus people’s attention in an often bewildering and fickle news cycle should not be underestimated. With Easter just around the corner, they are also associated with Christian rebirth and new life.

And, yes, demand tends to rise at Easter.

Related: Trump’s tariffs will take their toll on fresh fruit and vegetables

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