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Year: 2024

cryptocurrency March 5, 2024

The US Securities and Exchange Commission (SEC) has once again delayed approving Ethereum exchange-traded funds (ETFs) from financial heavyweights BlackRock and Fidelity. Advertisements The SEC announced its delay on Monday. This postponement signifies the regulatory body’s careful stance towards the fast-evolving cryptocurrency sector. Deadlines for Final Decisions on Ethereum ETFs Despite the excitement over recently […]

cryptocurrency March 5, 2024

Ethereum price is pumping above the $3,550 resistance. ETH is following Bitcoin and might soon rally toward the $4,000 resistance zone. Advertisements Ethereum is gaining pace above the $3,550 resistance zone. The price is trading above $3,650 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,600 […]

cryptocurrency March 4, 2024

Advertisements In February, Lido’s fees and revenue reached their highest levels. The protocol also recorded significant growths in TVL and staking APR in the last month. Monthly fees and revenue for the leading liquid staking protocol, Lido Finance [LDO], closed February at their highest levels ever, according to DefiLlama data. This was due to the […]

cryptocurrency March 3, 2024

Advertisements ETH L2s handled nearly 10x more transactions than the base layer in the last seven days. TVL on ETH L2s jumped 65% YTD. Ethereum [ETH] layer-2 (L2) solutions carried on the strong momentum generated in the last year to 2024 as well. Ethereum scales and how According to a recent post by on-chain analytics […]

cryptocurrency March 3, 2024

Bitcoin exchange-traded funds (ETFs) have enjoyed significant success, igniting hopes for similar offerings for other cryptocurrencies like Ethereum. Advertisements However, crypto attorney Jake Chervinsky holds a contrary view. He suggested that pending applications for an Ethereum ETF might face rejection from the US Securities and Exchange Commission (SEC). Why The SEC Will Deny Ethereum ETFs […]

cryptocurrency March 2, 2024

Advertisements This happened despite ETH’s total supply in profit hitting 94.87% at press time. As the liquid supply shrinks, investors might have to shell out more to purchase coins. More than $900 million worth of Ethereum [ETH] was withdrawn from centralized exchanges over the week. According to on-chain analytics firm IntoTheBlock, this marked the eighth […]

cryptocurrency March 1, 2024

Advertisements A sell signal emerged on the 3-day chart as Ethereum approached the $3,500 resistance level. Ethereum Foundation’s wallet added 4,000 ETH to Kraken, raising questions. Ethereum [ETH], which was riding the coattails of Bitcoin’s [BTC] recent surge, found itself at a crucial juncture, prompting traders to exercise caution as new data signaled potential shifts […]

cryptocurrency March 1, 2024

The Ethereum Cancun-Deneb, also known as Dencun, is the next significant upgrade to the world’s second-largest blockchain. BeInCrypto sat down with CoinEx VP and Lead of CoinEx Research Bonnie Chan to explore its transformative power, discuss the significance of Layer-2 solutions, and shed light on the future of the Ethereum ecosystem. Advertisements All Eyes on […]

cryptocurrency March 1, 2024

Ethereum price climbed to a new multi-month high above $3,500. ETH is correcting gains like Bitcoin and might find strong bids near the $3,250 zone. Advertisements Ethereum extended its increase above the $3,500 resistance zone. The price is trading above $3,300 and the 100-hourly Simple Moving Average. There is a major bullish trend line forming […]