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Bernstein Predicts Lukewarm Demand for US Spot Ethereum ETFs


Market strategists from the brokerage firm Bernstein stated on Monday that U.S. spot ethereum exchange-traded funds (ETFs) might not attract the same demand as their bitcoin counterparts did this year. Analysts from the financial firm pointed out that the absence of staking could be a drawback...

Ethereum hits bottom; is it way forward for a rebound?


Ethereum has hit a low of $3,377.84, with a slight upswing of 1.66% in the last 24 hours. It is right to assume that the second-ranked crypto in terms of market cap only has an uphill journey for it in the times to come. This stems from two justifications: one, approval of Spot Ether ETF …

Market Turbulence Continues as Crypto Outflows Reach $1.2 Billion


As digital asset markets continue to navigate turbulence, the latest report from Coinshares outlines significant capital outflows, marking a stark shift in investor sentiment. Authored by lead analyst James Butterfill, the findings highlight a consecutive week of outflows totaling $584 million...

SEC drops investigation into Ethereum: Law Decoded


A letter from Consensys states that the SEC’s approval of spot Ether exchange-traded funds indicated that it had “updated its position to classify ETH as a commodity and not a security,” but not everyone agrees

Ethereum gas prices and Bitcoin miner revenue near record lows


Bitcoin mining revenue per hash also witnessed record lows, and the impact of the recent halving event is visible in the trend. The median price of gas has sharply dropped, and Ethereum is currently experiencing slight inflation and a slow burn rate. Recently, miners’ revenue has shown...

Ethereum ETF coming in the next 2 weeks; price reversal soon


Ethereum ($ETH) is under selling pressure, nearly replicating the trend that Bitcoin ($BTC) has been following in the last couple of days. However, early July 2024 could see a reversal of the chart’s flow. Analysts expected the US Securities & Exchange Commission to give the final green...

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