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Day: June 11, 2024

cryptocurrency June 11, 2024

Spot ETH ETF’s prospective issuers are awaiting feedback from the SEC. ETH has seen significant selling pressure in the past few weeks. Ethereum’s [ETH] selling pressure mounts as prospective spot ETH exchange-traded-fund (ETF) issuers await comments from the Securities and Exchange Commission (SEC) on the state of their S-1 filings, submitted on the 31st of […]

cryptocurrency June 11, 2024

Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, has created a perplexing scenario for investors recently. Despite a noticeable decline in its price, on-chain data reveals that large investors, often referred to as “whales,” are accumulating ETH. This could signal a potential buying opportunity, though technical indicators suggest a weakening uptrend, leaving Ethereum’s near-term […]

cryptocurrency June 11, 2024

The behavior of Ethereum (ETH) holders provides crucial insights into market sentiment and potential future price movements. Advertisements This analysis delves into the recent trends among Ethereum addresses holding 1,000 ETH or more, alongside the actions of the largest whales holding 10,000 ETH or more. Ethereum Price Analysis: Bearish Momentum as Key Supports Break The […]

cryptocurrency June 11, 2024

The US Securities and Exchange Commission (SEC) has added a spot Ethereum exchange-traded fund (ETF) application from asset manager ProShares. Advertisements This development came after ProShares filed a proposal to list and trade spot Ethereum ETF shares on the New York Stock Exchange (NYSE) on June 6. SEC Recognizes ProShares’ Spot Ethereum ETF Filing In […]

cryptocurrency June 11, 2024

More whale addresses have accumulated ETH in the last few weeks. ETH’s bull trend has continued to weaken with the price drop. Ethereum [ETH], which has been moving closer to a bear trend over the past few days, has presented a buying opportunity for large investors. Advertisements According to recent data, big wallets have acquired […]

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