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ETH price may dip after spot Ether ETF 'novelty' wears off due to surging supply
20.7.2024
Into The Cryptoverse founder Benjamin Cowen says if supply keeps increasing it will "revert" to similar levels before the Ethereum Merge in September 2022
Galaxy Buys $1B ETH from CryptoManufaktur to Expand Staking
19.7.2024
Reports show Galaxy Digital has bought nearly all assets of blockchain node operator CryptoManufaktur. The purchase involves approximately $1 billion in Ethereum assets. With the new purchase, Galaxy Digital’s Ethereum has added 43% holdings, bringing the company’s total assets to $3.3...
Here’s Everything to Know About the Approved Spot Ethereum ETFs
18.7.2024
The Securities and Exchange Commission (SEC) has approved the start of spot Ethereum ETFs on July 23. Eight asset managers will offer these new financial instruments: BlackRock, Ark Invest/21Shares, VanEck, Grayscale, Fidelity, Bitwise, Franklin Templeton, and Invesco/Galaxy Digital. Spot Ethereum...
SEC approves Grayscale & ProShares spot Ethereum ETFs for trading
18.7.2024
The US SEC (Securities and Exchange Commission) has approved 2 Ethereum ETFs for trading. The ETFs will be listed on the NYSE’s (New York Stock Exchange) Arca trading platform. The news was officially shared by the SEC in its July 17 filing. The notice stated that the approval of the Form 19b-4...
Analyst Reports 21Shares Shocking Spot Ethereum ETF Fee
17.7.2024
Bloomberg ETF analyst Eric Balchunas has shared the latest details from one of the contenders in the Ethereum ETF race. In a recent tweet, Balchunas revealed crucial information about 21Shares’ upcoming Ethereum ETF offering. NEW: 21Shares Ether ETF fee will be 0.21% (terrordome in effect)...
SEC Commissioner Peirce Discusses Staking in Ethereum ETFs
17.7.2024
In January 2024, the crypto ecosystem witnessed tradable ETFs for the first time in DeFi history. The spot Bitcoin ETFs have been trading for six months now. The second half of 2024 will see the launch and trade of ETH ETFs in American markets. The United States SEC Hester Peirce, often known...
Bitwise Report: Spot Ethereum ETF Can Push ETH Price Over $5k
17.7.2024
Bitwise anticipates a rally in Ethereum prices with the launch of the U.S.-based spot Ether ETFs next week. The introduction is set to push Ethereum to new levels and possibly even above $5,000. Volatility might be observed initially as funds will be redirected from the $11 billion Grayscale...
Ethereum Rallies Above $3.4K; July Week-3 Price Forecast
16.7.2024
In the past few days, Ethereum (ETH) has exhibited solid bullish momentum, with its price stabilizing above the $3,400 mark amid talks of a potential approval of spot Ether ETFs. Essentially, the United States Securities and Exchange Commission is reported to have issued a ‘preliminary...
Analysts Predict Spot Ethereum ETFs to Trade by July 23rd
16.7.2024
Reports in show that Spot Ethereum Exchange Traded Funds (ETFs) could start trading next week. According to Bloomberg analyst Eric Balchunas, Ethereum ETFs could launch in the United States by July 23. Spot ETH ETFs finally coming to traders Ethereum is up nearly 6% to trade at $3,403 today...
Analyst Predicts Approval Of 8 Spot Ethereum ETFs This Week
15.7.2024
ETF analysts are predicting the imminent approval of spot Ethereum ETFs. Despite the Securities and Exchange Commission’s (SEC) characteristically tight-lipped approach, industry experts are optimistic about a wave of approvals coming as soon as this week. ETH ETF approval expected this week...
VanEck Head Of Digital Assets Predict Ethereum Can Hit $50k
12.7.2024
In a recent interview on the Paul Barron Network, Matthew Sigel, Head of Digital Assets Research at VanEck, offered his perspective on the future potential and potential value of Ethereum. Did he just say $50K ETH??????????? @matthew_sigel FULL EPISODE????https://t.co/wuUXDu2bFv$ETH #EthereumETF...
Ethereum Holds Firm Above $3K, Eyes $3.4K Breakout
10.7.2024
The global crypto market continues to experience mixed sentiments, yet stalwarts like Bitcoin and Ethereum show remarkable resilience, holding onto gains from the previous day. According to CoinMarketCap, the total market capitalization saw a modest rise of 1.47%, reaching $2.15 trillion, while...
Why is Ether (ETH) price up today?
9.7.2024
Ether's rally today is primarily fueled by institutional investors buying during its early-July downtrend and renewed optimism from new Ethereum ETF filings
Ethereum Foundation & Immunefi Collaborate On “Attackathon”
8.7.2024
According to the latest details that surfaced, Immunefi has joined forces with the Ethereum Foundation to launch the “Attackathon.” This collaboration is part of a time-bound code review program aimed at identifying potential vulnerabilities in Ethereum’s core protocol. Ethereum...
Ethereum ETF Amendment Deadline- Will SEC Approve ETH ETFs This Week?
8.7.2024
As the week begins, crypto investors remain focused on anything that could bring back the bull rally. In this case, Ethereum ETFs could be the spark that ignites another bull run, but the United States SEC has a significant role to play. Regulators, traders, and investors await the S-1 submissions...
Golem’s Ethereum Sell-Off: Offloads 24,400 ETH
8.7.2024
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
5.7.2024
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
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...