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Whale shakes up Ether market with $103M sell-off and $70M repurchase
5.7.2024
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
5.7.2024
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?
4.7.2024
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
4.7.2024
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
4.7.2024
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
2.7.2024
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...
New investment of Vitalik Buterin in MegaLabs
1.7.2024
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
1.7.2024
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
1.7.2024
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...
$6.6B Bitcoin & $3.5B Ethereum Options will Expire on Friday
26.6.2024
In this post A total of $6.6 billion in Bitcoin options and $3.5 billion in Ethereum options will expire on Friday, 28th, 2024. Bulls and bears struggle to stabilize the crypto market as the BTC’s Fear and Greed falls to 49. The last few weeks of June have shown immense volatility in the crypto...
VanEck to launch a spot Ethereum ETF for free on July 2
26.6.2024
VanEck files Form-8A related to its spot Ethereum ETF and simultaneously eliminates ETF fees until its assets reach the $1.5 billion target. According to analysts’ calculations, the Ethereum ETFs are anticipated to be introduced by the beginning of July. This decision has enabled...
Ethereum Foundation mailing list leaked due to SendPulse vulnerability
26.6.2024
A mailing list breach has occurred at the Ethereum Foundation due to vulnerabilities in its email automation solution, SendPlus. This feature is essential and implemented by the organization. A hacker exploited this advantage and sent fraudulent emails from updates@ethereum.org, specifically...
Ethereum hits bottom; is it way forward for a rebound?
25.6.2024
Ethereum has hit a low of $3,377.84, with a slight upswing of 1.66% in the last 24 hours. It is right to assume that the second-ranked crypto in terms of market cap only has an uphill journey for it in the times to come. This stems from two justifications: one, approval of Spot Ether ETF …
Ethereum ETF coming in the next 2 weeks; price reversal soon
24.6.2024
Ethereum ($ETH) is under selling pressure, nearly replicating the trend that Bitcoin ($BTC) has been following in the last couple of days. However, early July 2024 could see a reversal of the chart’s flow. Analysts expected the US Securities & Exchange Commission to give the final green...
Ethereum long-term holders reach a record high
21.6.2024
The Ethereum chart showcases the distribution of Ethereum over different periods and it denotes altering trends in investor behaviour. According to the information available from the chart, a vital amount of Ethereum acquired during the 2021-2022 time period is being held even now. Short-term...
Consensys plans to continue its legal course against the US SEC
20.6.2024
Joseph Lubin, the founder of Consensys, has said that they will continue to pursue a legal course of action against the US Securities & Exchange Commission. This comes a few days after Consensys announced that the Commission has decided to drop its investigation into Ethereum 2.0. In this...
Ethereum to dominate altcoin season fueled by ETFs and MVRV
20.6.2024
Altcoin season will commence not based on a date, but based on market sentiments. When it commences, expectations are that digital assets other than Bitcoin ($BTC) will gain not just recognition but also token value. However, the focus could be largely on Ethereum ($ETH), and it may end...
Bitwise modifies S-1 form to secure SEC approval for ETH ETF
19.6.2024
Bitwise, a leader in the field of crypto fund controlling, has made certain changes to its S-1 form for Ethereum ETF by adding relevant information, enabling it to receive the SEC’s consent. This is as per the US Securities and Exchange Commission’s instructions and includes information related...
SEC ends investigation into Ethereum 2.0, boosting hopes for Ether’s future
19.6.2024
The US SEC has confirmed that it is dropping its investigation into Ethereum 2.0. This comes after Consensys sought confirmation from the agency via a letter sent earlier this month. The Commission notifying its actions marks a pivotal moment for Ether including developers, industry participants...
Ethereum price drops after whale moves $20M to Kraken
18.6.2024
Ethereum ($ETH) has breached the support level of $3,500 by trading at $3,438.76 at the press time. Bitcoin ($BTC) is leading the declining trend but ETH, specifically, has its downfall credited to an ICO whale who just moved tokens worth $20 million to Kraken. The whale was seen depositing 5.5k...