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Month: July 2024

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 […]

cryptocurrency July 24, 2024

The long-awaited Ethereum ETFs have finally hit the market, marking a significant milestone for Ethereum and other altcoins. Industry experts and enthusiasts are looking at how the effects could play out on Ethereum’s price action in the coming months.  Advertisements Renowned crypto analyst Doctor Profit has made a bold prediction. According to him, Ethereum’s value […]

cryptocurrency July 24, 2024

Key Takeaways RiskLayer’s funding will support the development of two AVSs on EigenLayer. The project aims to provide transparent risk assessments for DeFi protocols. Share this article Advertisements URL Copied Advertisements RiskLayer, a protocol developed by economic risk management firm Chainrisk Labs, has announced the completion of a pre-seed funding round. The project aims to […]

cryptocurrency July 24, 2024

The next altcoin season might be near, as one of the year’s most anticipated events occurred yesterday with the launch of the Ethereum ETF. Advertisements This scenario could mean profits for altcoin enthusiasts, but Bitcoin’s proximity to an all-time high might pose a challenge. Altcoin Season Begins? The altcoin season had been largely hinged on […]

cryptocurrency July 24, 2024

Spot Ethereum ETFs were approved for trading on 23rd July.  Despite ETH’s sluggish performance at press time, bullish momentum persists.  After much anticipation and several rounds of revisions, the spot Ethereum [ETH] ETF has finally received full and final approval to commence trading in the United States on 23rd July. Advertisements SEC greenlights spot Ethereum […]

cryptocurrency July 23, 2024

In a day marked by the launch of the long-anticipated spot Ethereum (ETH) Exchange-Traded Fund (ETF) in the United States, the market’s response has been unexpectedly subdued. Analysts from Singapore-based crypto asset trading firm QCP Capital have shed light on the reasons behind this muted reaction, blaming the situation on previous market behaviors and other […]

cryptocurrency July 23, 2024

Ethereum has been on the verge of surging past the $3.5k resistance level over the last five days Traders can anticipate a rally towards $3.9k, but chances of a bearish reversal thereafter would solidify Ethereum [ETH], at the time of writing, was trading below the $3.5k-$3.6k resistance zone. Its momentum has stalled over the past […]

cryptocurrency July 22, 2024

The US spot Ethereum ETFs are set to launch on Tuesday, July 23rd, with projections indicating potential monthly inflows of $1.2 billion. This forecast comes from ASXN, a research firm specializing in crypto finance analytics. Advertisements US Spot Ethereum ETFs Could Surprise To The Upside At the core of ASXN’s analysis is the comparison between […]

cryptocurrency July 22, 2024

Analysts claimed that the Alt season could lag amidst a possible BTC dominance surge.  But other observers expected the alt season to be trigged by the US spot ETH ETF launch.   The altcoin market could hit an inflection point this week as US spot Ethereum [ETH] ETF begin to trade. As the largest altcoin, ETH […]