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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...
Crypto whales dump Ethereum (ETH) to go all in on Blur (BLUR) and ETFSwap (ETFS)
1.7.2024
With major crypto assets currently experiencing a price downturn, Ethereum (ETH) has fallen below its major resistance level of $3,450 to trade at the $3,390 level as of writing. Consequently, crypto whales are dumping ETH to go all in on the ETFSwap (ETFS) ecosystem and BLUR. ETFSwap (ETFS)...
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...
Ethereum spot ETFs could attract $15B by end of 2025 — Bitwise CIO
26.6.2024
The launch of spot Ethereum ETFs could trigger massive capital inflows into the market, according to Bitwise CIO Matt Hougan
$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’s supply has been inflating for 73 days straight
26.6.2024
The supply of ETH has been gradually increasing since mid-April with the Dencun upgrade decreasing competition for block space on the mainnet
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 ($BTC) has been following in the last couple of days. However, early July 2024 could see a reversal of the chart’s flow. Analysts expected the US Securities & Exchange Commission to give the final green...
Grayscale Highlights Risks of ETH Staking Restrictions in Latest SEC Disclosure
22.6.2024
According to supplemental disclosures in Grayscale’s Ethereum Trust 8-K report, submitted to the U.S. Securities and Exchange Commission (SEC) on June 20, the trust’s inability to utilize its ethereum for staking services places its shares at a “comparative...
Ethereum long-term holders reach a record high
21.6.2024
The Ethereum chart showcases the distribution of Ethereum over different periods and it denotes altering trends in investor behaviour. According to the information available from the chart, a vital amount of Ethereum acquired during the 2021-2022 time period is being held even now. Short-term...
Vitalik Buterin Responds to Criticism on the Institutionalization of the Crypto Space: We’re Still Here
20.6.2024
Vitalik Buterin, one of Ethereum’s co-founders, answered the criticism regarding the new institutional focus of blockchain and cryptocurrency projects. Buterin told Joe Weisenthal, co-host of Bloomberg’s financial podcast Odd Lots, that crypto culture “idealistic...
Consensys plans to continue its legal course against the US SEC
20.6.2024
Joseph Lubin, the founder of Consensys, has said that they will continue to pursue a legal course of action against the US Securities & Exchange Commission. This comes a few days after Consensys announced that the Commission has decided to drop its investigation into Ethereum 2.0. In this...
Ethereum to dominate altcoin season fueled by ETFs and MVRV
20.6.2024
Altcoin season will commence not based on a date, but based on market sentiments. When it commences, expectations are that digital assets other than Bitcoin ($BTC) will gain not just recognition but also token value. However, the focus could be largely on Ethereum ($ETH), and it may end...
Ethereum (ETH) price fails to rally in the face of good news — Here is why
19.6.2024
Ether’s failure to respond to good news could be rooted in investors’ perception that macroeconomic conditions are worsening