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Year: 2024

cryptocurrency July 26, 2024

Despite the initial excitement surrounding the newly launched US spot Ethereum exchange-traded funds (ETFs), analysts predict minimal short-term price impact on Ethereum. Advertisements Since the US Securities and Exchange Commission (SEC) greenlit these investment products, Ethereum’s market behavior has been tepid. Its price and investor interest have declined noticeably compared to Bitcoin and Solana. Ethereum […]

cryptocurrency July 26, 2024

Approximately $5.65 billion in Bitcoin (BTC) and Ethereum (ETH) options are set to expire today. Advertisements This massive expiration is anticipated to introduce considerable volatility, with traders and investors keenly observing the potential impacts on the crypto market. How Will the Spot Ethereum ETFs Launch Impact the Crypto Options Market? Today’s expiration includes 61,320 Bitcoin […]

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 […]

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 […]

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 […]