Ethereum Watch

Despite anticipation around the Ethereum ETF, ETH-based memecoins showed marginal gains. While some see bullish potential in Ethereum’s future, Andrew Kang predicted a possible price drop. Due to the anticipated approval of the Ethereum [ETH] ETF, altcoins are enjoying a bullish surge, while Bitcoin [BTC] is hovering near the $60k mark. Advertisements This has also […]

Ethereum’s network deflationary status is waning post-Dencun Upgrade, with data showing a notable increase in ETH supply since mid-April. Advertisements The Dencun Upgrade in March, while beneficial in reducing transaction fees, has affected Ethereum’s deflationary status, a key selling point for long-term holders. Over 112,000 Ethereum Added to Overall Supply Despite initial hopes, Ethereum is […]

Bitwise’s Chief Investment Officer (CIO) Matt Hougan recently discussed the inflows the US Spot Ethereum ETFs could attract. Specifically, he stated how much could flow into these funds in their first 18 months of trading.  Advertisements Spot Ethereum ETFs To Record $15 Billion In First 18 Months Of Trading Hougan mentioned in a note to […]

Asset management giant VanEck has filed an 8-A form, signaling the final steps toward launching its spot Ethereum (ETH) exchange-traded fund (ETF). Advertisements In a separate but related development, the firm has decided to waive all fees for its upcoming spot Ethereum ETF. This strategy aims to attract a broad range of investors and solidify […]

Ethereum chalked out a classic descending channel pattern on the daily chart, confirming a bearish edge. The immediate support range at the $3,200 level can determine ETH’s near-term trajectory. Ethereum’s [ETH] reversal from the $3,900 resistance level over the past month has set the stage for the bears. Advertisements The altcoin’s increasing Open Interest trend […]

Ethereum Foundation’s mailing list leaked. An official confirmed the incident in a post, urging community members to avoid clicking suspicious links. Advertisements The exploiter capitalized on a vulnerability in the Foundation’s email automation service to access the subscribers’ list. Ethereum Foundation’s Email List Leaked Tim Beiko confirmed the leak of the Ethereum Foundation’s mailing list. […]

Spot Ether ETFs may reduce Ethereum’s price to as low as $2,400. Institutional interest in Ethereum is less compared to Bitcoin, affecting ETF conversion rates. As Ethereum [ETH] trails Bitcoin in performance, its price has seen a 5.1% decrease over the past 24 hours, bringing it to a current valuation of $3,315. Advertisements This recent […]

Popular crypto analyst degentrading (@degentradingLSD) has made a bold prediction that Ethereum will reach $6,000 by September 2024. This prediction comes in response to an analysis by Mechanism Capital founder Andrew Kang, who expects Ethereum to underperform despite the imminent launch of US spot Ethereum ETFs. Advertisements Andrew Kang’s analysis projects a continued downtrend for […]

Ethereum outperformed all other networks in terms of development activity. Whale interest in ETH declined significantly in the last few days. The recent buzz around ETFs on the Ethereum [ETH] network did not interrupt development activity on the Ethereum network one bit. Advertisements Development on the rise Ethereum had one of the highest number of […]

Data revealed that the memecoin’s strong ties to ETH could stall further growth High exchange outflows might help PEPE Frog-themed memecoin Pepe [PEPE] was one of the few top-50 cryptocurrencies to register gains in the last 24 hours. At press time, PEPE was trading at a value of $0.000011, following a 3.35% hike its its […]