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Day: July 25, 2024

Ethereum Whales Rapidly Accumulate ETH Amid Price Decline

cryptocurrency July 25, 2024

Ethereum whales have been busy in the market, as on-chain data shows that these investors have been heavily accumulating the second-largest crypto token by market cap. This comes amid a price decline in ETH’s price, with history suggesting that the crypto token might suffer more price declines in the short term.  Advertisements Whales Accumulate More […]

Grayscale Dumps $800 Million Following Ethereum ETF Launch: Sell the News

cryptocurrency July 25, 2024

The US market debut of Ethereum exchange-traded funds (ETFs) this week heralded substantial market shifts. This is because the Grayscale Ethereum Trust (ETHE) has shed over $800 million since its inception. Advertisements The development showcases the inherent volatility and complex outlook of crypto ETF launch events. Analysts Remain Optimistic for Ethereum Recovery Despite Sell-Offs On […]

Ethereum ETF frenzy: $1B traded in 24 hours – What’s next?

cryptocurrency July 25, 2024

ETH volume soars past $1 billion during the first 24 hours. The recent surge sparks investors optimism. After long months of waiting,  Ethereum [ETH] Exchange-traded funds (ETFs) went live on 23rd July. The crypto community has been eagerly awaiting the approval of ETH ETFs. Advertisements Since the approval of BTC ETFs early this year, the […]

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