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ETH

cryptocurrency March 18, 2024

Ethereum, not Bitcoin, is poised to be the cornerstone of the future financial system.  Advertisements This assertion stems from a series of advancements and the inherent characteristics of the Ethereum blockchain. Particularly, in light of the recent Dencun upgrade, which has significantly lowered transaction fees on its network. Ethereum Is About to Change Everything Ethereum’s […]

cryptocurrency March 18, 2024

ETH’s total value deposited surpassed $25 billion. The heightened demand likely stemmed from the anticipation of the Dencun upgrade. Over the past year or so, scaling solutions have played a substantial role in boosting demand for the Ethereum [ETH] ecosystem. Advertisements Built atop the base layer of Ethereum, these so-called layer -2 (L2) chains were […]

cryptocurrency March 18, 2024

Ethereum price started a downside correction below $3,650. ETH traded below $3,500 and is currently attempting a decent recovery wave in the near term. Advertisements Ethereum started a downside correction below the $3,700 zone. The price is trading below $3,700 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with […]

cryptocurrency March 17, 2024

Increased demand for the Ethereum network has led to a surge in burn rate. This has brought about a decline in the coin’s circulating supply. Ethereum’s [ETH] circulating supply has fallen to a new post-merge low, according to data from Ultrasound.money. Advertisements In the last month, 86,219 ETH worth around $300 million at the altcoin’s […]

cryptocurrency March 16, 2024

Grayscale said case for Ethereum spot ETFs as strong as that of Bitcoin. Concerns regarding the approval started to surface Grayscale Investments submitted a revised filing with the U.S. Securities and Exchange Commission (SEC) to transition its flagship Ethereum [ETH] trust into a spot ETF. Advertisements One step closer Craig Salm, the company’s Chief Legal […]

cryptocurrency March 16, 2024

Asset management firm Grayscale Investments has updated its application for an Ethereum spot ETF (exchange-traded fund) with the United States Securities and Exchange Commission (SEC). Advertisements Ethereum Spot ETF Case Just As Solid As Bitcoin’s, Grayscale Argues According to a recent post on X by Craig Salm, Grayscale’s chief legal officer, the asset management firm […]

cryptocurrency March 16, 2024

Despite the regulatory uncertainty surrounding spot Ethereum exchange-traded fund (ETF), leading crypto asset management firm Grayscale’s quest for this investment product persists. Advertisements The firm amended its proposal to uplift its Ethereum Trust into a spot Ethereum ETF that would be listed and traded on NYSE Arca. Grayscale Amends Ethereum ETF Filing Grayscale argued that […]

cryptocurrency March 15, 2024

The past 24 hours have seen a decline in the general cryptocurrency market. BTC, ETH, and XRP prices may witness further decline in the short term. As the crypto market overheats, the values of many leading assets have declined over the past 24 hours. Due to this, the global cryptocurrency market capitalization plummeted by 7% […]

cryptocurrency March 15, 2024

Ethereum price is declining from the $4,080 zone. ETH is now approaching a major support at $3,500 where the bulls might take a stand. Advertisements Ethereum started a downside correction from the $3,080 zone. The price is trading below $3,800 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with […]

cryptocurrency March 14, 2024

The Dencun upgrade caused volatility for L2 tokens. Activity on Polygon and Arbitrum grew as fees declined, but Optimism failed to benefit. Ethereum’s [ETH] Dencun upgrade was expected to have a massive impact on the Ethereum network and its price. Advertisements However, along with that, Layer-2 networks were also expected to be impacted due to the […]

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