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Month: March 2024

cryptocurrency March 20, 2024

SEC’s latest delay announcement has spurred some degree of skepticism Experts are now revising the odds of an Ethereum spot ETF being approved The United States (US) Securities and Exchange Commission (SEC) has pushed back its verdict on the proposed Ethereum [ETH] exchange-traded funds (ETFs) by Hashdex and ARK 21Shares.  Advertisements This delay, announced on […]

cryptocurrency March 20, 2024

The United States Securities and Exchange Commission (SEC) has delayed its verdict on the Hashdex and ARK 21Shares spot Ethereum exchange-traded funds (ETFs). Advertisements Ethereum (ETH) enthusiasts have been eagerly keeping an eye on these developments as the final deadline approaches. Ethereum ETF Approval Chances Drastically Decline Announced on Tuesday, March 19, this postponement extends […]

cryptocurrency March 20, 2024

Ethereum price extended its decline below $3,200. ETH is struggling and it seems like the bears are now aiming for a move toward the $3,000 support zone. Advertisements Ethereum started a downside correction below the $3,350 zone. The price is trading below $3,350 and the 100-hourly Simple Moving Average. There is a major bearish trend […]

cryptocurrency March 19, 2024

The Ethereum vs Solana debate took a renewed twist in the third week of March after Solana hit crucial milestones.  Advertisements For starters, Solana’s [SOL] search interest on Google Trends surpassed Ethereum [ETH]. This indicates a spike in retail attention to SOL compared to ETH.  Additionally, SOL flipped BNB based on market cap and climbed […]

cryptocurrency March 19, 2024

Fidelity, a leading name in financial services, has submitted a proposal to the United States Securities and Exchange Commission (SEC) for integrating staking rewards into its spot Ethereum exchange-traded fund (ETF). Advertisements This move aims to boost investor returns by tapping into the Ethereum staking market. Impacts of Fidelity’s Ethereum ETF Revision In its detailed […]

cryptocurrency March 19, 2024

Ethereum price extended its decline below $3,500. ETH is showing a few bearish signs and there could be a drop toward the $3,200 support zone. Advertisements Ethereum started a downside correction below the $3,550 zone. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming […]

cryptocurrency March 18, 2024

Ethereum, not Bitcoin, is poised to be the cornerstone of the future financial system.  Advertisements This assertion stems from a series of advancements and the inherent characteristics of the Ethereum blockchain. Particularly, in light of the recent Dencun upgrade, which has significantly lowered transaction fees on its network. Ethereum Is About to Change Everything Ethereum’s […]

cryptocurrency March 18, 2024

ETH’s total value deposited surpassed $25 billion. The heightened demand likely stemmed from the anticipation of the Dencun upgrade. Over the past year or so, scaling solutions have played a substantial role in boosting demand for the Ethereum [ETH] ecosystem. Advertisements Built atop the base layer of Ethereum, these so-called layer -2 (L2) chains were […]

cryptocurrency March 18, 2024

Ethereum price started a downside correction below $3,650. ETH traded below $3,500 and is currently attempting a decent recovery wave in the near term. Advertisements Ethereum started a downside correction below the $3,700 zone. The price is trading below $3,700 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with […]

cryptocurrency March 17, 2024

Increased demand for the Ethereum network has led to a surge in burn rate. This has brought about a decline in the coin’s circulating supply. Ethereum’s [ETH] circulating supply has fallen to a new post-merge low, according to data from Ultrasound.money. Advertisements In the last month, 86,219 ETH worth around $300 million at the altcoin’s […]