Ethereum Watch

The United States Securities and Exchange Commission (SEC) is reportedly on the verge of granting approval to the first Ethereum Futures-based exchange-traded funds (ETF). Advertisements The SEC didn’t comment, but those familiar with the matter shared the news. SEC Unlikely to Block An Aug. 17 report, citing familiar sources, discloses that several firms could receive […]

Ethereum price declined heavily below $1,800 and $1,700 against the US Dollar. ETH could resume its decline and test the $1,500 support zone. Advertisements Ethereum is gaining bearish momentum below the $1,750 and $1,800 resistance levels. The price is trading below $1,750 and the 100-hourly Simple Moving Average. There is a key bearish trend line […]

Advertisements The United States Securities and Exchange Commission isn’t likely to block the debut of Ethereum futures ETFs, according to sources. The price of Ether (ETH) surged around 11% to $1,700 following news that the United States Securities and Exchange Commission is set to allow the first exchange-traded funds (ETFs) based on Ether Futures. According to […]

Advertisements The lack of external catalysts forced top cryptos to stay glued to their narrow ranges. Experts said that the silent phase could be utilized for innovations in the industry. The fiercest critics of cryptocurrencies’ high volatility may be finding it hard to stomach the ongoing dynamics of the market. For the uninitiated, the crypto […]

Advertisements Despite assurances, discrepancies between Cardano’s theoretical network capacity and its utility remain. An amusing attempt at satire has drawn the ire of Cardano (ADA) founder Charles Hoskinson, or so it appears. In response to a fan commentary doubting the blockchain’s roadmap and criticizing its supposed similarity to Ethereum (ETH), Hoskinson responded, “it’s getting delusion […]

Advertisements The stablecoins that makeup Curve’s 3pool have seen increased outflows since the hack. The demand for CRV continues to fall, putting downward pressure on price. In the aftermath of Curve’s reentrancy exploit of July 30, 3pool, one of the decentralized exchange’s (DEX) prominent liquidity pools, continue to experience capital flight, research firm Kaiko noted […]

Ethereum price is showing bearish signs below the $1,840 zone against the US Dollar. ETH could drop further toward the $1,720 support zone. Advertisements Ethereum is gaining bearish momentum below the $1,850 and $1,840 resistance levels. The price is trading below $1,830 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line […]

Advertisements ETH could recover if the open interest continues to decrease. However, the potential rebound to $2,000 depends on the average market behavior. After enduring a period of low volatility and price retracement, Ethereum [ETH] was now standing at a crucial juncture, presenting a potential scenario for a rebound. This was the opinion of Korean […]

Advertisements Shibarium’s beta phase saw a total of 21 million wallets on the L2, driving the interest of users months before the launch. Shiba Inu launched the Shibarium mainnet, an Ethereum layer-2 scaling solution, on Aug. 16 after months of testing that saw millions of users participate and 21 million wallets created. Shibarium is built […]

The crypto space is on the verge of another potentially historic moment with the first Ethereum Futures ETF in the US. Volatility Shares, a pioneer in the ETF space, has announced its intention to launch the Ether Strategy ETF (Ticker: ETHU) on October 12, 2023. If all goes as planned, this could mark the first […]