{"id":377768,"date":"2019-04-09T17:00:29","date_gmt":"2019-04-09T17:00:29","guid":{"rendered":"https:\/\/wncen.com\/?p=377768"},"modified":"2024-06-11T21:14:38","modified_gmt":"2024-06-11T21:14:38","slug":"ethereum-eth-bulls-in-control-even-as-crypto-fund-reduce-exposure","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum-eth-bulls-in-control-even-as-crypto-fund-reduce-exposure\/","title":{"rendered":"Ethereum (ETH) Bulls in Control Even as Crypto Fund Reduce Exposure"},"content":{"rendered":"
Grayscale Investment did re-balance their holdings reducing their exposure of Ethereum (ETH) by 0.3 percent. While negative, Ethereum (ETH) bulls are back and ready for $200 and higher.<\/em><\/p>\n Bulls are back and sensing opportunity, lending companies are re-launching. They may have learned a thing or two from BitConnect and similar platforms which closed shop after last years\u2019 drawdown but what is clear is that there is goodwill to provide returns for willing risk takers with matching done via p2p. Dharma is one of the many mushrooming crypto lending start-ups.<\/p>\n According to reports, the platform will utilize Ethereum\u2019s smart contracts, will remain non-custodial and at the same time offer fixed interest rates for lenders. The only catch is that borrowers must put to good use their loans.<\/p>\n While Dharma and Nadav Hollander, the CEO plan to make this a success, Grayscale Investment did readjust their ETH exposure after re-calibrating their Digital Large Cap Fund\u2019s (DLC). Explaining to their followers, Grayscale said the adjustment<\/a> is part of their quarterly reviews and part of that is to maintain the fund\u2019s strategy that \u201cseeks to provide exposure to the large-cap segment of the digital asset class<\/em>.\u201d Ethereum (ETH) exposure did drop from 13.9 percent to 13.6 percent:<\/p>\n \u201cAlthough no new assets qualified for inclusion following DLC\u2019S Quarterly Review (3\/31\/19), the below table highlights how DLC\u2019s weightings have changed from December 31, 2018, to March 31, 2019: $BTC $ETH $XRP $BCH $LTC.\u201d<\/em><\/p>\n <\/p>\n Price wise, Ethereum (ETH) is up 25.2 percent at the time of press and pretty stable in the last day. At $176, bulls are firmly in control, and as long as traders maintain prices at those levels, it is likely that momentum will drive prices towards $250 in a bullish breakout pattern.<\/p>\nEthereum Price Analysis<\/h2>\n
Fundamentals<\/h3>\n
Candlestick Arrangements<\/h3>\n