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K33 Research "ETH poised for a rebound...ETFs favorable impact"

K33 Research, a crypto research firm, released a report saying that while Ethereum has underperformed Bitcoin since the beginning of the year, it is poised for a rebound in July. "Ethereum is preparing to launch its first U.S. spot ETF in July. We estimate that the Ethereum ETF will absorb between 0.75% and 1% of ETH circulating supply in the five months following its launch. While the ETF launch may trigger a sell-the-news selling event (similar to the Bitcoin ETF in January), this should be short-lived. "Bitcoin, on the other hand, is about to redeem Mt. Gox, which we expect to generate massive selling volume. It's the chickens coming home to roost after running away from home in 2014."

Crypto 'Fear-Greed Index' at 49...moving to neutral

Crypto data provider Alternative's self-estimated “Fear-Greed Index” rose four points from the previous day to 49. The improvement in sentiment moved the index from fear to neutral. The index indicates extreme fear in the market when it is close to zero, and extreme optimism when it is close

blockchain crypto cryptocurrency fear greed index 26 btc 55K (SpotedCrypto)

Crypto 'Fear-Greed Index' 26...Fear Continues , CME BTC Futures Gap $870

Crypto data provider Alternative's self-estimated “Fear-Greed Index” fell three points from the previous day to 26. The fear phase continues with a slight contraction in confidence. The index indicates extreme fear in the market, with readings closer to zero indicating extreme fear, and readings closer to 100 indicating

blockchain crypto cryptocurrency bitcoin reclaim 62K we wish (Spoted Crypto)

Bitcoin supports $60K, break of $62K will change the trend and close nearly $700M worth of shorts

Wall Street takes a breather ahead of Fed Chair Jerome Powell's speech at the Jackson Hole meeting. Bitcoin held the $60,000 level in the New York market on Dec. 22 (local time). Cointelegraph reported that the $60,000 support level held firm, supported by inflows into ETFs.

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