Is ETH Ready for an Epic Bull Run? Analysts Believe So!

Explore the latest industry news, insightful data, and exciting updates from CoinMarketCap. ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌       [CoinMarketCap Spotlight Logo](~/AAQRxQA~/RgRoOEnQP0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPTBkNmU5cWxpYjRtNVcDc3BjQgpmVdDEVWYY9EqjUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)   The analysts are out in full force this week, predicting where this wild market is headed. Will we see a bull run that'll have everyone racing to FOMO in? Or are the bears lining up to swat down any rallies before they can get going? There's been no shortage of hot takes and bold calls from analysts. Instead of getting caught up in all the noise and speculation, let's dive into the actual top stories that are shaking up the crypto scene right now. Here is a quick rundown of the top headlines: - Bitcoin ETFs hodling over 1 million BTC. Are [we going](~/AAQRxQA~/RgRoOEnQP0SBaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbi1ldGZzLW5vdy1ob2xkLTEtbWlsbGlvbi1idGMtaW4tY3VzdG9keS13b3J0aC1kb2xsYXI3MDUtYmlsbGlvbj9saWQ9NHQ3NjlpaDdpNDl2VwNzcGNCCmZV0MRVZhj0SqNSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) to see Bitcoin’s demand shoot up? - Ethereum potentially gearing up for an "epic bull run" after spot ETFs got the green light. But [what convinced](~/AAQRxQA~/RgRoOEnQP0SLaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZXRoZXJldW0tY291bGQtc2VlLWJ1bGwtcnVuLWZvbGxvd2luZy1zZWMtYXBwcm92YWwtb2YtZXRmcy1hY2NvcmRpbmctdG8tYW5hbHlzdHM_bGlkPTN6M3hlbzVtajk4OVcDc3BjQgpmVdDEVWYY9EqjUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) analysts to make this prediction? - Chainlink (LINK) is leading the charge in price performance among large caps. Is ETF approval the [only factor](~/AAQRxQA~/RgRoOEnQP0SQaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvY2hhaW5saW5rLWxpbmstc3VyZ2VzLTEwcGVyY2VudC1hcy1idWxsaXNoLXNlbnRpbWVudC1ncm93cy1mb2xsb3dpbmctZXRoLWV0Zi1hcHByb3ZhbD9saWQ9eGltaG5iZ2FkdzI5VwNzcGNCCmZV0MRVZhj0SqNSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) fueling this rally? - Memecoin devs accused of hacking a top influencer's account to manipulate prices. But [why did](~/AAQRxQA~/RgRoOEnQP0SKaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvbWVtZWNvaW4tdGVhbS1saW5rZWQtdG8tY3J5cHRvLWluZmx1ZW5jZXItZ2NyLWFjY291bnQtaGFjay1hY2NvcmRpbmctdG8temFjaHhidD9saWQ9NHRtZTB4MXNwcXM4VwNzcGNCCmZV0MRVZhj0SqNSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) they promote other coins then? - Some mystery trader struck the jackpot with Trump's MAGA memecoin, banking $2.7 million in 3 days. Are more whales [invested](~/AAQRxQA~/RgRoOEnQP0SNaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdHJhZGVyLXJha2VzLWluLWRvbGxhcjI3LW1pbGxpb24taW4tcHJvZml0LWluLTMtZGF5cy1vbi10cnVtcC10aGVtZWQtbWFnYS1tZW1lY29pbj9saWQ9NzhsaDVzdmdodTZ2VwNzcGNCCmZV0MRVZhj0SqNSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)in this token right now? And with that, let's dive into the details behind each of today's top stories! MARKET OVERVIEW GLOBAL MARKET CAP $2.57T ▲0.22% (24h) 24H MARKET VOLUME $94.1B ▲34.95% (24h) BITCOIN’S DOMINANCE 52.35% ▼0.1% (24h) FEAR & GREED INDEX 65 Greed [Bitcoin] Bitcoin $68,270.97 ▼0.04% (24h) [Ethereum] Ethereum $3,890.55 ▲0.15% (24h) [BNB] BNB $601.53 ▲0.08% (24h) [ALL CRYPTO PRICES/DATA »](~/AAQRxQA~/RgRoOEnQP0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPXZ1ZjFlY2Y0YW9ndFcDc3BjQgpmVdDEVWYY9EqjUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [TRENDING CRYPTO »](~/AAQRxQA~/RgRoOEnQP0RFaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS90cmVuZGluZy1jcnlwdG9jdXJyZW5jaWVzLz9saWQ9NWJsOTl4aHNjNXp0VwNzcGNCCmZV0MRVZhj0SqNSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) [NEW LISTINGS ON CMC »](~/AAQRxQA~/RgRoOEnQP0QvaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9uZXcvP2xpZD10Ym5wZzlmaDZ6eWVXA3NwY0IKZlXQxFVmGPRKo1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [TRENDING DEX PAIRS »](~/AAQRxQA~/RgRoOEnQP0RAaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9kZXhzY2FuL3RyZW5kaW5nL2FsbC8_bGlkPXQxZDd1NmUzODMzdFcDc3BjQgpmVdDEVWYY9EqjUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) Data as of: 28 May 2024 11:45 UTC TOP GAINERS 24H% [Oxygen] [Oxygen](~/AAQRxQA~/RgRoOEnQP0QsaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL294eWdlbi9XA3NwY0IKZlXQxFVmGPRKo1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) ▲685.86% [Groyper] [Groyper](~/AAQRxQA~/RgRoOEnQP0QtaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2dyb3lwZXIvVwNzcGNCCmZV0MRVZhj0SqNSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▲338.79% [DICAPRIO CHEERS] [DICAPRIO CHEERS](~/AAQRxQA~/RgRoOEnQP0Q1aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2RpY2FwcmlvLWNoZWVycy9XA3NwY0IKZlXQxFVmGPRKo1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) ▲267.54% TOP LOSERS 24H% [Boge] [Boge](~/AAQRxQA~/RgRoOEnQP0QqaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2JvZ2UvVwNzcGNCCmZV0MRVZhj0SqNSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▼99.12% [Nova] [Nova](~/AAQRxQA~/RgRoOEnQP0QuaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL25vdmEtdWJpL1cDc3BjQgpmVdDEVWYY9EqjUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▼98.79% [TrumpBucks] [TrumpBucks](~/AAQRxQA~/RgRoOEnQP0QwaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3RydW1wYnVja3MvVwNzcGNCCmZV0MRVZhj0SqNSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▼89.07%   Bitcoin ETFs Hodling Over 1 Million BTC Bitcoin ETFs have reached an incredible milestone. Over 1 million BTC, worth $70.5 billion, is now held in custody by institutions using this investment vehicle. According to Michael Saylor, the executive chairman of MicroStrategy, more than 30 Bitcoin ETFs collectively own 1,002,343 BTC as of May 24th. The majority of these massive Bitcoin holdings are stashed within the U.S. Bitcoin spot ETFs, launched just this January. The top ones? The Grayscale Bitcoin Trust and BlackRock's iShares Bitcoin Trust, each holding around 289,040 BTC and 287,168 BTC respectively. Does this show an increase in Bitcoin’s demand which will lead to an increase in scarcity? [Read the full story](~/AAQRxQA~/RgRoOEnQP0SBaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbi1ldGZzLW5vdy1ob2xkLTEtbWlsbGlvbi1idGMtaW4tY3VzdG9keS13b3J0aC1kb2xsYXI3MDUtYmlsbGlvbj9saWQ9b2J3ZGQyMGkxbWN2VwNzcGNCCmZV0MRVZhj0SqNSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)!   Ethereum Ready for Epic Bull Run Market analysts are sounding the bullhorn - Ethereum is gearing up for a massive upward surge following the SEC's recent approval of spot Ethereum ETFs. Data firm Kaiko sees this as a launchpad for the second-largest crypto, predicting a skyrocketing value in ETH's imminent future. Sure, there might be some short-term downward pressure due to expected outflows from Grayscale's Ethereum Trust (ETHE). But what convinced Kaiko to make this prediction? [Read the full story](~/AAQRxQA~/RgRoOEnQP0SLaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZXRoZXJldW0tY291bGQtc2VlLWJ1bGwtcnVuLWZvbGxvd2luZy1zZWMtYXBwcm92YWwtb2YtZXRmcy1hY2NvcmRpbmctdG8tYW5hbHlzdHM_bGlkPWU3cWF4bzhvdXJ6a1cDc3BjQgpmVdDEVWYY9EqjUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)!   [CMC Live: ICP | Third Generation Blockchain](~/AAQRxQA~/RgRoOEnQP0REaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jb21tdW5pdHkvcG9zdC8zMzY1NzQ3MTcvP2xpZD1oZ2x0ZmI3M3ZnMm5XA3NwY0IKZlXQxFVmGPRKo1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) Tuesday, 28 May on 3PM UTC CMC-Community Live: ICP | Third Generation Blockchain Join us as we host Dominic Williams, founder of ICP, to discuss decentralized AI, Chain Fusion, cybersecurity, and the new ICP roadmap. [Join Us Soon](~/AAQRxQA~/RgRoOEnQP0REaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jb21tdW5pdHkvcG9zdC8zMzY1NzQ3MTcvP2xpZD0waThmdDF2dG9sazRXA3NwY0IKZlXQxFVmGPRKo1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)   LINK Goes Up Chainlink (LINK) is leading the charge among large-cap cryptos, surging over 10% on Monday as bullish sentiment spreads like wildfire following the historic approval of Ethereum ETFs. LINK peaked at $18.82 intraday high, and is currently trading at $18.47 as holders and supporters ride the hype wave. Is ETF approval the only factor fueling this rally? [Read the full story](~/AAQRxQA~/RgRoOEnQP0SQaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvY2hhaW5saW5rLWxpbmstc3VyZ2VzLTEwcGVyY2VudC1hcy1idWxsaXNoLXNlbnRpbWVudC1ncm93cy1mb2xsb3dpbmctZXRoLWV0Zi1hcHByb3ZhbD9saWQ9cGY0NWV5aDE4emxoVwNzcGNCCmZV0MRVZhj0SqNSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)!   Memecoin Devs Behind GCR Account Hack The plot thickens in the case of the GCR account hack! ZachXBT has uncovered evidence linking the creators of the Solana-based memecoin CAT to the GCR account hack on May 26. According to ZachXBT's analysis, the devs behind CAT, known as the Sol team, were the masterminds behind this scheme to manipulate coin prices. It all started with the Sol team gaining control of over 63% of the CAT supply during their coin's launch on May 24. They then proceeded to offload more than $5 million worth of the memecoin across multiple wallets. But why did they promote other coins like ORDI and ETHFI? [Read the full story](~/AAQRxQA~/RgRoOEnQP0SKaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvbWVtZWNvaW4tdGVhbS1saW5rZWQtdG8tY3J5cHRvLWluZmx1ZW5jZXItZ2NyLWFjY291bnQtaGFjay1hY2NvcmRpbmctdG8temFjaHhidD9saWQ9Nmt6ejBma2tvcHN2VwNzcGNCCmZV0MRVZhj0SqNSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)!   [How Crypto Could Influence the 2024 U.S. Presidential Race](~/AAQRxQA~/RgRoOEnQP0Q8aHR0cHM6Ly93d3cueW91dHViZS5jb20vd2F0Y2g_dj1fVWo3eG9Qd1Z4RSZsaWQ9bG1yb241bmxlZmRoVwNzcGNCCmZV0MRVZhj0SqNSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) How Crypto Could Influence the 2024 U.S. Presidential Race [Watch Now](~/AAQRxQA~/RgRoOEnQP0Q8aHR0cHM6Ly93d3cueW91dHViZS5jb20vd2F0Y2g_dj1fVWo3eG9Qd1Z4RSZsaWQ9ZWY5ZWczd2N0bXRkVwNzcGNCCmZV0MRVZhj0SqNSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)   $2.7M Jackpot on Trump's MAGA Memecoin One trader just hit the memecoin lottery by raking in a $2.7 million profit in just three days from the Donald Trump-themed MAGA token. The trader, known only by their wallet name "0x303," kicked things off on May 25th with a $535,000 investment in MAGA tokens. Little did they know, this move would yield a 505X return, according to data from Lookonchain. So are more whales invested in this token right now? [Read the full story](~/AAQRxQA~/RgRoOEnQP0SNaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdHJhZGVyLXJha2VzLWluLWRvbGxhcjI3LW1pbGxpb24taW4tcHJvZml0LWluLTMtZGF5cy1vbi10cnVtcC10aGVtZWQtbWFnYS1tZW1lY29pbj9saWQ9dnVoZzN0YW9vMzI4VwNzcGNCCmZV0MRVZhj0SqNSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)!   And that’s a wrap. We will be back with more updates tomorrow!   [Apple Store](~/AAQRxQA~/RgRoOEnQP0Q6aHR0cHM6Ly9hcHBzLmFwcGxlLmNvbS9hcHAvY29pbm1hcmtldGNhcC9pZDEyODIxMDcwOTg_bHM9MVcDc3BjQgpmVdDEVWYY9EqjUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [Google Play](~/AAQRxQA~/RgRoOEnQP0RQaHR0cHM6Ly9wbGF5Lmdvb2dsZS5jb20vc3RvcmUvYXBwcy9kZXRhaWxzP2lkPWNvbS5jb2lubWFya2V0Y2FwLmFuZHJvaWQmaGw9ZW5fVVNXA3NwY0IKZlXQxFVmGPRKo1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [Twitter](~/AAQRxQA~/RgRoOEnQP0QyaHR0cHM6Ly90d2l0dGVyLmNvbS9Db2luTWFya2V0Q2FwP2xpZD01Mmpxc2FtMHFsNTVXA3NwY0IKZlXQxFVmGPRKo1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [Telegram](~/AAQRxQA~/RgRoOEnQP0QraHR0cHM6Ly90Lm1lL0NvaW5NYXJrZXRDYXA_bGlkPXN2Z3R4ZGNiODd1c1cDc3BjQgpmVdDEVWYY9EqjUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [Facebook](~/AAQRxQA~/RgRoOEnQP0Q3aHR0cHM6Ly93d3cuZmFjZWJvb2suY29tL0NvaW5NYXJrZXRDYXA_bGlkPXB0dGFreGV4OGtieFcDc3BjQgpmVdDEVWYY9EqjUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [Instagram](~/AAQRxQA~/RgRoOEnQP0Q5aHR0cHM6Ly93d3cuaW5zdGFncmFtLmNvbS9jb2lubWFya2V0Y2FwLz9saWQ9bTgxdWlkZmt0dm52VwNzcGNCCmZV0MRVZhj0SqNSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) [LinkedIn](~/AAQRxQA~/RgRoOEnQP0RAaHR0cHM6Ly93d3cubGlua2VkaW4uY29tL2NvbXBhbnkvY29pbm1hcmtldGNhcC8_bGlkPXpxYjlyaGI1OHRralcDc3BjQgpmVdDEVWYY9EqjUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) DISCLAIMER: Please be aware that CoinMarketCap is NOT a cryptocurrency exchange and does NOT facilitate the buying, selling, withdrawal or trading of crypto/token assets. 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