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Crypto Turbulence: Can Ethereum ETF Approval Save the Market?


The crypto market has been bleeding for the better part of the last 48 hours. According to CoinGecko, the total global crypto market cap stands at $2.21 trillion. The market has lost a 5.29% market share in 24 hours alone.  Crypto market prices are in the danger zone, with some losing their worth...

High expectations from Altcoins as Ethereum ETF Approval nears


The launch of the Spot Ethereum ETF will be a boom time for altcoins due to their association with Ethereum. The crypto market is currently undergoing a consolidation phase, and altcoins show mixed responses from investors.  Experts in the digital asset market expressed the belief that the altcoin...

Spot Ethereum ETFs are set to debut very soon


The launch of spot Ethereum ETFs is highly anticipated because there are many rumors that they will be heavily loaded. The Chief Investment Officer of Bitwise believes that projecting Ethereum as a major participant in the technological space is the best course of action. He continues by saying...

Ethereum posts lowest performance since August 2022, losing $61 million


According to market reports, Ethereum witnessed its biggest outflows since August 2022. Digital assets, including Ethereum, are experiencing an outflow for the third consecutive week, totaling $30 million. It seems that Bitcoin’s investor sentiment is changing slowly and significantly.  Media...

Steno Research: Spot ETFs Will Take Ether to $6,500 Later This Year


Steno Research, an independent macroeconomics, geopolitical, and crypto research house, has predicted that the spot ether ETF, presumed to start trading in early July, will take ETH to $6,500. Steno’s latest post on the subject forecasts that Ether ETFs will perform better than leading...

New investment of Vitalik Buterin in MegaLabs


Other notable investors include Figment Capital, Joseph Lubin, and Jordan Fish. The accompanying press release states that MegaETH can perform transactions per second with precise responsiveness. According to the press release, its massive performance unleashes fully onchain applications that match...

U.S. Govt. Moves 3,375 Ethereum Amidst ETH ETF Approval Hype


According to data from blockchain intelligence firm Arkham, a wallet associated with the US government moved 3,375 ETH. The moved Ethereum was valued at approximately $11.75 million and sent to an unknown address at 16:34 UTC+8. This large transfer comes at a time when the crypto market is waiting...

Ethereum surges 5% with whale activity ahead of ETH ETF approval


Ethereum’s market value has jumped 5% ahead of the SEC S-1 form revisions. The community expects the SEC to announce its approval in the next 14 to 21 days. In light of this, whale activity has also surged, pushing ETH past the $3,500 level. Reports indicate that a crypto whale, most likely...

Analyst Updates Spot Ether ETF Launch Date Prediction Citing Slow SEC Review


Bloomberg’s senior ETF analyst has updated his prediction regarding the launch of ether exchange-traded funds (ETFs), noting delays due to the U.S. Securities and Exchange Commission (SEC)’s review process during the holiday week. Despite the approval of 19b-4 filings for eight ether ETFs in...

Kraken’s Jesse Powell donates $1M in ETH to Donald Trump


In this post Biden and Trump’s first presidential debate results are in favor of Trump, and the crypto community has responded. Jesse Powell has donated $1 million in crypto to Trump’s presidential campaign. Powell blames Elizabeth Waren and Gensler for the U.S. failed crypto market. Joe Biden...

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