Ethereum Watch

Ethereum displayed a bullish market structure on the 1-day chart. However, buyers were fighting for control and winning at press time. Ethereum [ETH] witnessed a negative Coinbase Premium after the recent retracement from $4.1k. Advertisements The complications surrounding an Ethereum ETF could explain why U.S. investors have grown less bullish on the asset in March. […]

Fidelity, with its $4.5 trillion in assets under management, has formally submitted an S-1 form to the US Securities and Exchange Commission (SEC), unveiling plans for a spot Ethereum exchange-traded fund (ETF) that intriguingly includes staking. Advertisements This move follows the early-year approval of the first spot Bitcoin ETF in the US, where Fidelity emerged […]

Grayscale’s CLO reiterated the SEC’s strong case for Ether ETF approval.  Commodity futures also suggested potential for spot Ether ETF approval. 2024 has been a significant year for the cryptocurrency market, marked by strong recovery in prices and investor confidence. Advertisements With the success of Bitcoin [BTC] ETFs, attention has turned to the possibility of […]

Ethereum price is showing positive signs above the $3,550 zone. ETH must clear the $3,680 resistance to continue higher in the near term. Advertisements Ethereum started another increase above the $3,550 resistance zone. The price is trading above $3,550 and the 100-hourly Simple Moving Average. There is a major bullish trend line forming with support […]

The Commodity Futures Trading Commission (CFTC) has designated Ethereum (ETH) and Litecoin (LTC) as commodities, setting a precedent in the regulatory oversight of cryptocurrencies. Advertisements This clarification came as part of the CFTC’s civil enforcement action against the cryptocurrency exchange KuCoin, which faces accusations of conducting illegal off-exchange commodity transactions without proper registration. Ethereum and […]

The speculation surrounding the approval of a spot Ethereum exchange-traded fund (ETF) by the US Securities and Exchange Commission (SEC) has captured the attention of industry watchers. Advertisements Among them, Bloomberg’s Senior ETF Analyst Eric Balchunas offered a grim outlook, suggesting only a 25% chance of approval. 25% Chance of Ethereum ETF Approval Balchunas, who […]

An analysis suggested a bull rally for altcoins. Market indicators remained bearish for XRP and Ethereum.  The market witnessed quite some volatility in the recent past, but altcoins like Ethereum [ETH] and Ripple [XRP] held their ground last week. Advertisements In fact, a recent analysis hinted at yet another altcoin rally in the coming days.   […]

Ethereum (ETH) stands at a crucial juncture, with its eyes set on the $4,000 price mark. Amid this ambitious pursuit, the digital asset faces a significant challenge that could influence its trajectory: scrutiny from the US Securities and Exchange Commission (SEC). Advertisements Despite this potential regulatory hurdle, some analysts remain optimistic about Ethereum’s prospects. A […]

Solana recorded the highest stablecoin volumes for three months in a row. Solana’s rise was linked with the growth of USDC. Solana [SOL] has solidified its position as the largest chain for stablecoin settlements, outperforming its competitors comprehensively. Advertisements Solana for stablecoins According to AMBCrypto’s analysis of Artemis data, the network handled more than $310 […]

Ethereum price is attempting a fresh increase wave above the $3,400 zone. ETH must clear the $3,580 resistance to continue higher in the near term. Advertisements Ethereum is holding gains above the $3,250 support zone. The price is trading above $3,400 and the 100-hourly Simple Moving Average. There was a break above a key bearish […]