Ethereum Watch

Robert Mitchnick, BlackRock’s Head of Digital Assets, indicated a tepid interest from the firm’s client base in an Ethereum exchange-traded fund (ETF), starkly contrasting the growing demand for Bitcoin. Advertisements This revelation came during the Bitcoin Investor Day conference in New York, where Mitchnick shared insights into the company’s digital asset strategy and its reception […]

There exists a disconnect between regulators and potential issuers regarding Ethereum ETF approval. ETH experienced a significant decline as investors brace for potential challenges ahead. The Securities and Exchange Commission (SEC) is actively pursuing a legal campaign to reclassify Ethereum [ETH] as a security. Advertisements The development has rattled several U.S. companies, which have been […]

Ethereum price is attempting a recovery wave above the $3,500 zone. ETH must clear the $3,580 resistance to continue higher in the near term. Advertisements Ethereum started a decent recovery wave above the $3,350 zone. The price is trading above $3,450 and the 100-hourly Simple Moving Average. There was a break above a short-term bullish […]