Ethereum Watch

Ethereum witnessed a more severe correction last week than Bitcoin.  Metrics suggested that selling pressure was high on BTC and ETH, but ETH had an edge.  Bitcoin [BTC] remained in the limelight over the last week as it approached $70k, but later plummeted near $66k. Ethereum [ETH] had a tougher week as it witnessed a […]

Pseudonymous trader and analyst Roman has made a bold prediction regarding the ETH price, suggesting that investors should lower their short-term expectations. This comes amid a drop in the hype around the Spot Ethereum ETFs, with these funds currently suffering significant outflows.  Advertisements What To Expect From The ETH Price Roman mentioned during an interview […]

Key Takeaways Cardano prioritizes long-term value and reliability over rapid user acquisition in DeFi. Hoskinson believes future blockchain adoption will be driven by governments and large corporations. Share this article Advertisements URL Copied The decentralized finance (DeFi) ecosystem is an ever-evolving landscape, with the introduction of application-specific blockchains (appchains), layer-2 (L2) blockchains, novel virtual machines, […]

The largest ETH ETF, Grayscale, had a single-day outflow of $210 million. ETH also turned bearish, and most metrics hinted at a continued price drop.  Exchange Traded Funds (ETFs) have gained much traction since the beginning of this year with the launch of Bitcoin [BTC] ETFs. Things got even better over the last week as […]

An Ethereum ICO participant resurfaced on Tuesday, moving a large chunk of his investment to a new wallet. The early investor’s reemergence comes on time for the network’s ninth birthday. Advertisements ICO, short for initial coin offering, differs from a project’s launch date. During an ICO, the project issues digital tokens or coins for sale […]

Today, July 30, marks a week since the spot Ethereum ETFs started trading. But contrary to initial anticipation, the launch of the financial products has not affected the price of ETH positively. Advertisements While the cryptocurrency’s market value rose above $3,500 on launch day, it did not take long before it dropped. Ever since, ETH […]

BlackRock ETF and Index Investments CIO Samara Cohen discussed the iShares Ethereum Trust ETF (ETHA) in an interview with Bloomberg. She lauds Ethereum, like Bitcoin, for meeting investability criteria, citing customer feedback. Advertisements The investment firm issues both Bitcoin (BTC) and Ether (ETH) ETFs (exchange-traded funds) but recently dismissed prospects of a Solana counterpart, at […]

Key Takeaways SEC plans to redefine crypto securities in Binance lawsuit. Due to the impending amendment, the court will postpone its decision on the sufficiency of the original allegations regarding these securities. Share this article Advertisements URL Copied The US Securities and Exchange Commission (SEC) is seeking to amend its complaint against Binance Holdings, Binance.US, […]

Grayscale’s Ethereum Trust ETF saw $1.5 billion in outflows from the 23rd to the 26th of July. BlackRock’s iShares Ethereum Trust ETF attracted $87.2 million in inflows on the 26th of July. Since the approval of the spot Ethereum [ETH] ETF for trading, Grayscale Ethereum Trust ETF [ETHE] has experienced significant outflows. Advertisements Grayscale breaks […]

ETH has remained in the $3,200 price range. Its RSI showed it was in a bear trend. Ethereum [ETH] has experienced some price declines recently. However, during this period, there was a noticeable increase in the volume of large transactions. Advertisements Data analysis revealed whether this surge in transaction volume was primarily oriented toward buying […]