Ethereum Watch

Despite anticipation around the Ethereum ETF, ETH-based memecoins showed marginal gains. While some see bullish potential in Ethereum’s future, Andrew Kang predicted a possible price drop. Due to the anticipated approval of the Ethereum [ETH] ETF, altcoins are enjoying a bullish surge, while Bitcoin [BTC] is hovering near the $60k mark. Advertisements This has also […]

Ethereum’s network deflationary status is waning post-Dencun Upgrade, with data showing a notable increase in ETH supply since mid-April. Advertisements The Dencun Upgrade in March, while beneficial in reducing transaction fees, has affected Ethereum’s deflationary status, a key selling point for long-term holders. Over 112,000 Ethereum Added to Overall Supply Despite initial hopes, Ethereum is […]

Bitwise’s Chief Investment Officer (CIO) Matt Hougan recently discussed the inflows the US Spot Ethereum ETFs could attract. Specifically, he stated how much could flow into these funds in their first 18 months of trading.  Advertisements Spot Ethereum ETFs To Record $15 Billion In First 18 Months Of Trading Hougan mentioned in a note to […]

Asset management giant VanEck has filed an 8-A form, signaling the final steps toward launching its spot Ethereum (ETH) exchange-traded fund (ETF). Advertisements In a separate but related development, the firm has decided to waive all fees for its upcoming spot Ethereum ETF. This strategy aims to attract a broad range of investors and solidify […]

Ethereum chalked out a classic descending channel pattern on the daily chart, confirming a bearish edge. The immediate support range at the $3,200 level can determine ETH’s near-term trajectory. Ethereum’s [ETH] reversal from the $3,900 resistance level over the past month has set the stage for the bears. Advertisements The altcoin’s increasing Open Interest trend […]