Arthur Hayes Forecasts $10K ETH as Corporate Ethereum Treasuries Hit New Highs
The post Arthur Hayes Forecasts $10K ETH as Corporate Ethereum Treasuries Hit New Highs appeared on BitcoinEthereumNews.com. As Ethereum’s future is being closely watched, BitMEX co-founder Arthur Hayes has made a bold prediction. In an ambitious forecast, Hayes projected the ETH price to hit $10,000. This prediction carries significant weight, especially given the increasing demand for ETH treasury. Will ETH Price Hit $10K? Arthur Hayes Forecasts In his recent X post, BitMEX co-founder Arthur Hayes has offered a bullish outlook on the ETH price. According to his projection, ETH is poised to reach $10,000 in the near future. Source: X; ETH Price Chart Significantly, Hayes’ prediction coincides with the growing acceptance of ETH as a treasury asset, rivaling Bitcoin. For instance, CoinGape reported recently that the Nasdaq-listed GameSquare announced a $100 million Ethereum treasury strategy. The platform also announced a public offering of 8,421,054 shares at $0.95 each, anticipating around $8 million in gross proceeds before expenses. This fund will be earmarked to execute the $100 million ETH treasury strategy. Notably, Arthur Hayes’ bullish forecast for ETH reflects the growing institutional accumulation of Ethereum. As CoinGape recently reported, SharpLink Gaming has become the largest Ethereum treasury holder, adding $19.2 million to its existing holdings. ETH Price To Continue Its Bullish Rally As of press time, Ethereum is trading at $2,790, up 6.88% in a day. Over the past week and month, the ETH price has surged by 7.8% and 4.2%, respectively. The trading volume has also increased by 78% to hit $31.06 billion. Boasting a market cap of $336.69 billion, ETH stands strong as the second-largest cryptocurrency on CoinMarketCap. In the latest Ethereum price analysis, CoinGape reported that ETH may reach $4,000 soon. Citing the formation of golden cross and bullish flag patterns in the daily price chart, the analyst identified a continued positive rally for the altcoin. Source: X; ETH Price Surges Meanwhile, crypto analyst Ted highlighted…
The post Arthur Hayes Forecasts $10K ETH as Corporate Ethereum Treasuries Hit New Highs appeared on BitcoinEthereumNews.com.
As Ethereum’s future is being closely watched, BitMEX co-founder Arthur Hayes has made a bold prediction. In an ambitious forecast, Hayes projected the ETH price to hit $10,000. This prediction carries significant weight, especially given the increasing demand for ETH treasury. Will ETH Price Hit $10K? Arthur Hayes Forecasts In his recent X post, BitMEX co-founder Arthur Hayes has offered a bullish outlook on the ETH price. According to his projection, ETH is poised to reach $10,000 in the near future. Source: X; ETH Price Chart Significantly, Hayes’ prediction coincides with the growing acceptance of ETH as a treasury asset, rivaling Bitcoin. For instance, CoinGape reported recently that the Nasdaq-listed GameSquare announced a $100 million Ethereum treasury strategy. The platform also announced a public offering of 8,421,054 shares at $0.95 each, anticipating around $8 million in gross proceeds before expenses. This fund will be earmarked to execute the $100 million ETH treasury strategy. Notably, Arthur Hayes’ bullish forecast for ETH reflects the growing institutional accumulation of Ethereum. As CoinGape recently reported, SharpLink Gaming has become the largest Ethereum treasury holder, adding $19.2 million to its existing holdings. ETH Price To Continue Its Bullish Rally As of press time, Ethereum is trading at $2,790, up 6.88% in a day. Over the past week and month, the ETH price has surged by 7.8% and 4.2%, respectively. The trading volume has also increased by 78% to hit $31.06 billion. Boasting a market cap of $336.69 billion, ETH stands strong as the second-largest cryptocurrency on CoinMarketCap. In the latest Ethereum price analysis, CoinGape reported that ETH may reach $4,000 soon. Citing the formation of golden cross and bullish flag patterns in the daily price chart, the analyst identified a continued positive rally for the altcoin. Source: X; ETH Price Surges Meanwhile, crypto analyst Ted highlighted…
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