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Golem’s Ethereum Sell-Off: Offloads 24,400 ETH


Golem, a project that rode the 2016 initial coin offering (ICO) wave, has sold a substantial amount of Ethereum (ETH) over the past few days.   According to blockchain analytics firm Lookonchain, Golem has sold 24,400 ETH, worth approximately $72 million. The ETH was moved to major exchanges...

Grayscale Ethereum Trust Hits Premium for First Time Since 2021


Grayscale’s Ethereum Trust (ETHE) has shifted from a discount to a premium in its net asset value (NAV) for the first time since November 2021, as reported by ycharts.com metrics. This adjustment comes just before the expected debut of spot ether exchange-traded fund listings expected...

Whale shakes up Ether market with $103M sell-off and $70M repurchase


A whale made some splash in the Ether ecosystem by selling and repurchasing Ethereum tokens. They first transferred $103 million worth of ETH and later bought some tokens for $70 million. The number of tokens transferred at that time was 33,765 and 22,713, respectively, with an average price...

Ethereum and altcoins plunge as bear market takes hold


The price of Ethereum and other altcoins has dropped to levels not seen in weeks. The Bitcoin (BTC) market and other DeFi token markets likewise recorded this pessimistic forecast.  If the entire crypto space is considered, there has been an overall downfall of 4.8%, with the figure standing...

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...

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