Altcoin News Daily Official TheBitTimes.com

Heightened interest in new crypto ETFs and a bullish pattern emerging have sent Ethereum higher in the past month. Inflows for current ETH ETFs are on the rise as the asset outpaces Bitcoin and other top crypto assets. As a result, Ethereum is up as much as 56% in the last 30 days and is poised to go higher. Traders are closely watching technical levels and broader sentiment for clues on where the market may go next. Ethereum’s price soared from $2,468 at the start of the month to $3,862. Bloomberg’s Eric Balchunas likened Ethereum’s current trajectory to the rise of 90s tech stocks, driven by explosive adoption and investor excitement. Over a 19-day stretch in July, spot ETH ETFs pulled in $5.37 billion, including a single-day high of $727 million. Most price forecasts have Ether testing new record levels in the coming month, with a return to $4k being the first step. Analysts at CoinCodex project ETH topping $4,000 in a matter of weeks, with $ 4,305.31 being the potential high...

Summary: ⚈ Andrew Tate’s DADDY coin is up 26% in 30 days, mirroring Bitcoin’s rally. ⚈ Recent gains likely stem from broader market momentum, not renewed hype. ⚈ DADDY remains 81% below launch price, with little chance of full recovery. After suffering a catastrophic collapse as the influencer stopped promoting it and as scam allegations emerged, Andrew Tate’s crypto meme coin, Daddy Tate (DADDY), entered something of a comeback in April. Daddy Tate is up 25.96% in the last 30 days, 21.70% in the last week of trading, and a respectable 4.94% in the 24-hour chart, as the cryptocurrency is, at press time on May 2, changing hands at $0.05032. DADDY 30-day price chart. Source: Finbold Why DADDY meme coin is rising Examining the influencer’s X account reveals that he has been sparingly promoting the meme coin and the cryptocurrency exchange platform Photon in between posts about the importance of being wealthy and ChatGPT admitting ‘women are useless.’ T...