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Month: July 2024

cryptocurrency July 9, 2024

Vitalik Buterin demonstrated the interface of depositing into the Ethereum (ETH) blockchain Polymarket, highlighting the need for change. He calls for the implementation of ERC-3770 and ERC-7683 upgrades. Advertisements The Ethereum network’s moves to double down on enhancing user experience and fostering developer activity are key strategies for the ecosystem to maintain its industry repute. […]

cryptocurrency July 9, 2024

Bitcoin’s (BTC) price is down 24% since topping out at $71,758 in early June. As sentiment remains soar, the next directional bias for the pioneer cryptocurrency hinges on four critical narratives that continue to unfold. Advertisements Retail traders adjust their trading strategies based on market sentiment, which explains the highly volatile nature of crypto. Critical […]

cryptocurrency July 9, 2024

Industry experts are increasingly optimistic that the US Securities and Exchange Commission (SEC) will soon approve a spot Ethereum exchange-traded fund (ETF). Advertisements This growing confidence comes as several prominent asset managers, including Fidelity, VanEck, Franklin, 21Shares, Grayscale, and BlackRock, filed their updated S-1 forms with the SEC yesterday. Ethereum ETF Approval May Be Close […]

cryptocurrency July 9, 2024

Ethereum ETFs were gaining much popularity in the United States. ETH was down by 12% last week, but a few market indicators hinted at a trend reversal.  Ethereum [ETH] has been facing multiple price corrections over the past month. This happened at a time when its much-awaited ETH ETFs launch was drawing in. Advertisements Therefore, […]

cryptocurrency July 8, 2024

The Ethereum price has fallen by around -25% since its mid-March peak at around $4,100 and is currently trading just above $3,000. While this loss is in line with the broader market trend and in particular Bitcoin’s price drop of about -22% in the same time, there could be another reason for ETH’s price slump, […]

cryptocurrency July 8, 2024

A crypto whale wallet – 0x742, likely liquidated a substantial Ethereum position valued at approximately $21.43 million. This investor deposited 7,240 Ethereum (ETH) into the Kraken crypto exchange at $2,960 per ETH. Advertisements The move is intriguing, especially given the proximity to the anticipated launch of Ethereum-based ETFs. Ethereum Attempts a Price Recovery According to […]

cryptocurrency July 8, 2024

Sellers have taken over Ethereum price direction, suggesting that price might fall below $3,000. The one-day Realized Cap dropped, indicating that the market might lose confidence if the trend persists. The price of Ethereum [ETH] risks falling below $3,000 for the second time in a few days. This was according to the data AMBCrypto obtained […]

cryptocurrency July 7, 2024

Grayscale’s latest report suggested U.S voters are more likely to buy ETH after ETF approval While ETH’s value surged on the charts, its network growth fell The recent market drawdown has affected a host of cryptocurrencies over the last few days. Needless to say, Ethereum [ETH] was no exception, with its price struggling to break […]

cryptocurrency July 7, 2024

A survey by Grayscale and The Harris Poll indicates that US Securities and Exchange Commission (SEC) approval of a spot Ethereum (ETH) exchange-traded funds (ETFs) would likely boost American investment in the digital asset. Advertisements Though the long-term performance of these ETFs is uncertain, the poll suggests their introduction will significantly advance the crypto market’s […]

cryptocurrency July 6, 2024

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Advertisements Semilore is drawn to the efficiency of digital assets in […]

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