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Potential Ethereum ETF Approval Odds Drop: A guide to investors
18.3.2024
The likelihood of regulatory approval for an Ethereum exchange-traded fund (ETF) has recently diminished substantially due to developments in the cryptocurrency industry. Investors are developing concerns and engaging in speculation regarding the potential ramifications of this alteration on...
Ethereum’s Dencun Upgrade: Boon for L2 tokens or just hype?
15.3.2024
One of the most-awaited updates in the blockchain market is now live: the Dencun Upgrade. Ethereum initiated the clock for its launch in early February. Speculations were that layer-2 tokens would get a boost, and Dencun Upgraded reported a commitment to bring down the average cost. It has done...
Ether ETFs pave the way for XRP ETFs, say experts
14.3.2024
XRP, a famous leading cryptocurrency with a notable upswing, has surged to breach resistance levels and recorded a new high for the year of more than $0.745. This rally sent investor optimism soaring and sparked discussions about the currency’s fate, namely the talk about the launch of...
Possible effect of Ethereum’s Dencun Upgrade on Layer-2 tokens
14.3.2024
Ethereum’s Dencun upgrade is slated to go live in the middle of March 2024. All eyes are on its Dencun Upgrade, which commits to bringing economic cost and efficiency transactions to the native network. Also, there are speculations that layer-2 tokens could get a potential boost from Dencun...
SEC silence lowers Ethereum ETF approval prospects
14.3.2024
As per the assessment of Bloomberg analysts, the probability of the United States Securities and Exchange Commission approving a spot Ethereum ETF by May has been substantially diminished. The SEC’s silence and delay have prompted analysts to reconsider the viability of a spot Ethereum...
Ethereum Layer 2 Tokens gain interest before Dencun Upgrade
13.3.2024
The Dencun upgrade to Ethereum is anticipated to significantly reduce transaction fees on layer-2 networks and enhance the scalability of Ethereum as a whole. The cryptocurrency has garnered investor attention and witnessed an appreciation in value for Ethereum Layer 2 (L2) tokens due to...
Ethereum soars past $4K: Traders & upgrades fuel bullish outlook
12.3.2024
The cryptocurrency market has experienced a significant rise in short-term holders, especially traders. This implies that there could be a bull market in the making. Another factor accounting for this jump is the increased appetite for meme coins, most of which run on Ethereum as their...
Trades lower the chance for Spot Ether ETF May approval
11.3.2024
Spot Ether ETF is the next desirable crypto ETF product in the community. It was slated for approval in the middle of 2024 or May 2024. The first deadline could now be far from becoming a reality since crypto traders have dragged down the approval possibility to 24%. A concrete reason has not been...
Ethereum nears $4,000 while its Network Fees hit 2-year high
11.3.2024
Ethereum recently hit a 4% surge to almost reach the $4,000 mark. The coin stopped at $3,998, according to Coinmarketcap data. Its latest upward momentum was noteworthy, given the boorish performance of standard equities. Ethereum and Bitcoin outperform SP500 returns by 14.7% and 10%, respectively....
Ethereum Foundation liquidates $13 million worth of Ethereum
5.3.2024
The Ethereum Foundation has initiated the liquidation of $13.3 million worth of Ethereum (ETH), prompting investors to contemplate the potential ramifications of this action on the price of ETFs. ETH, in terms of market capitalization, is, incidentally, the second most prominent cryptocurrency....
Ethereum Dencun upgrade set to go live on March 13
1.3.2024
1. Introduction to Dencun Upgrade: Ethereum’s roadmap heralds the arrival of “The Surge” era with the Dencun upgrade, which opens the door for layer-two rollups to achieve mass scalability. These updates will increase Ethereum’s usability and accessibility, promoting...
Bitcoin pulls up as Ethereum stalls for a while
27.2.2024
Ethereum has been stalled for a while at the value of $3,261.86. It manages to stick to the current resistance of $3,200. However, it comes at a time when Bitcoin is pulling its value to a higher mark. Currently exchanging hands at $56,562.29, BTC is poised to test the resistance of $60,000 soon....
Ethereum navigating the market amid growing competition
26.2.2024
Grayscale Research sees a bright future for Ethereum; however, it is filled with challenges and is subject to the way in which it navigates its way around the competition. For instance, Solana and Tron are doing better when it comes to daily transactions. But Ethereum grabs the spotlight in terms...
Micro-earn your way to ETH: Smart strategies for faucet users
23.2.2024
A crypto faucet is an online platform that dispenses small amounts of free cryptocurrency as a reward for completing simple tasks. Several popular faucets provide an opportunity to micro-earn tiny fractions of ETH (Ethereum native cryptocurrency) over time. Faucets act as a promotional tool...
Investor challenges Ethereum’s valuation amid declining usage and rising alternatives
22.2.2024
Ethereum is inching closer to the milestone of $3,000 as the article is being drafted. It is poised to soon set a new support level of $3,200, probably by the end of this year. However, one crypto investor pointed out that Ether is currently overvalued. Fred Krueger even said that the supporters...
Ethereum competing with Bitcoin: A story to watch out for!
20.2.2024
Bitcoin is trading around $52,000 at the time of writing this article. The moment the US SEC approved its Spot ETF applications, the price increased. That cannot be mixed with the fact that the graph had no downfalls. The optimism of BTC holders about its price remains constant, especially with...
Unlocking Ethereum’s growth: 3 key factors for explosive potential!
12.2.2024
Ethereum is a pioneer in the crypto market, supporting thousands of digital transactions, applications, and platforms, ranging from gaming, NFTs, decentralized finance (DeFi), and many more. It is often hailed as the leader of blockchain technology and dApps (decentralized applications), even if...
SEC puts off the Invesco Galaxy Ethereum ETF decision
7.2.2024
The Securities and Exchange Commission has pushed back the date by which it will make its decision about the Invesco Galaxy Ethereum ETF. The agency had previously postponed a determination regarding the fund until December and only recently announced that legal action would be initiated. According...
Ethereum price soars: 2x surge predicted this year?
6.2.2024
Ethereum is going steadily above $2,300 at the time of drafting this article. More specifically, the token is exchanging hands at $2,309.65, increasing to 0.705 in the last 24 hours. It further marks a jump of 0.30% and 3.63% in the last 7 and 30 days, respectively. ETH surpassing $2,300 was a rare...
Dencun unleashed: Ethereum’s latest upgrade on second testnet, one step away!
2.2.2024
Ethereum had its latest upgrade, the Dencun or the Cancun– Deneb upgrade, which was highly anticipated to be completed within the year’s first quarter. This upgrade will mainly focus on improving Ethereum’s security, efficiency, and scalability through a chain of EIPs (Ethereum...