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Spot Ether ETF could reduce ETH supply by 1.26M in first 5 months


The US Securities & Exchange Commission has approved 19b-4 forms. It could approve S-1 registration forms any time later. This would pave the way for exchange platforms to enable traders and investors to engage with Spot Ether ETF. It is estimated that the approval of the registration form will...

BlackRock’s BUIDL Fund earns $1.7M monthly dividends on Ethereum


Investors in BlackRock’s BUIDL Fund are celebrating a significant financial milestone, receiving a combined total of $1.7 million in monthly dividends disbursed via Ethereum. This impressive payout underscores the fund’s success and highlights the growing influence of blockchain technology...

Ethereum could outperform Bitcoin, eyes $10k milestone


Spot Ether ETF is on the table, and chances are that its approval would bring almost $4 billion worth of inflows. This has put ETH in an ideal position to surpass the $10,000 milestone. A tentative timeline is hard to draw, but experts predict that it could happen in the second half of 2024....

Interest in Ethereum soars as new ETFs proposed by issuers


It appears that Ethereum is experiencing the ultimate frenzy, as two businesses are submitting applications for new funding in response to the growing popularity of ether. Additionally, another supplier is determining its commission for a specific spot Ethereum exchange-traded fund. Rex Shares...

Market shock: $3 billion in Ether exits following spot ETH ETF approval


The approval of a spot ETH ETF has profoundly impacted the cryptocurrency market, resulting in Ether’s exit valued at $3 billion. This significant movement underscores the complex interplay between regulatory decisions, market dynamics, and investor sentiment. Analyzing this event reveals several...

Ethereum Technical Analysis: Bulls Face Critical Resistance at $3,900


Ethereum’s price over the past hour has been $3,785 to $3,816, showing an intraday range between $3,746 and $3,837 in the last 24 hours. The crypto’s market capitalization today stands at $458 billion, with a 24-hour trade volume of $10.75 billion. Ethereum On the 1-hour chart, ethereum...

Crypto update: SHIB loses support, ETH to hit $4k, SOL shows reversal


The crypto market is going through multiple changes, involving some of the biggest names like SHIB, SOL, and ETH. Shiba Inu, the popular meme coin, is about to lose important price ground. It relies on the support levels to kick in if the price drops. The asset has been trying to stay afloat above...

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