Ethereum Watch

Toncoin has seen more daily active addresses than Ethereum since the beginning of the month. TON’s weighted sentiment was positive for the first time since June started. Toncoin [TON], the blockchain network linked to the popular messaging app Telegram, has seen more demand than the leading Layer 1 blockchain, Ethereum [ETH], since the beginning of […]

US Securities and Exchange Commission (SEC) Chair Gary Gensler announced that spot Ethereum exchange-traded funds (ETFs) will likely launch this summer. Advertisements He made this statement during a budget hearing with the Senate Appropriations Committee on Thursday, June 13. Ethereum ETFs Almost Ready to Trade Gensler highlighted that the final approval process for these ETFs […]

Readers will find today’s analysis of Ethereum (ETH) interesting. On June 11, about 542,000 ETH moved out of exchanges— the largest outflow of the year. Advertisements However, the trend did not take long to change, prompting speculation that the potential increase to $4,000 may be delayed. Ethereum Opens the Floor for Bears According to data […]

Ethereum (ETH) bulls got a taste of fire on June 11th as the altcoin’s derivatives market witnessed a dramatic surge in long liquidations. According to data from Coinglass, this event marked the highest level of long liquidations since May 23rd, signifying a significant correction for traders who bet on rising prices. Advertisements Related Reading Crimson […]