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ETH

cryptocurrency July 5, 2024

Reports suggest that Justin Sun lost $66 million on Friday as Ethereum price dipped to levels last seen in February. Crypto markets continue to endure a sell-off, overshadowing optimism for a possible launch of spot ETH ETFs. Advertisements Multiple signals indicate that the Ethereum price may not slide much lower after the 10% crash on Friday […]

cryptocurrency July 5, 2024

Bitwise CIO predicts $15 billion inflow into Ethereum ETFs within 18 months. Ethereum ETFs expected to attract significant institutional investment, bolstering ETH’s market position. Anticipation for the launch of Ethereum [ETH] ETFs has reached a fever pitch, with many experts speculating about potential launch dates. Industry analysts are increasingly confident that ETFs could debut as soon […]

cryptocurrency July 5, 2024

Amid the ongoing bloodbath in the cryptocurrency market, Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has not been spared. Over the past week, ETH has experienced a significant 9% price decline, bringing it down to the $3,130 level.  Advertisements As market participants closely monitor the situation, the focus now lies on crucial levels that […]

cryptocurrency July 4, 2024

In the first quarter of the year, Solana-based meme coins have emerged as the frontrunners, surpassing Ethereum’s meme coin ecosystem and artificial intelligence (AI) tokens, according to a recent report by market data platform CoinMarketCap.  Advertisements This shift in popularity signifies a change in dynamics within the cryptocurrency market, with meme coins gaining traction and […]

cryptocurrency July 4, 2024

Vitalik Buterin’s offer proposals that could speed up Ethereum transactions  ETH’s price maintained its downtrend amidst overall negative sentiment. Ethereum’s [ETH] founder, Vitalik Buterin, has proposed various ways of speeding up confirmation on the second-largest blockchain network.   Advertisements Buterin noted that the time for confirmation in the Ethereum network dropped to 5-20 seconds after the […]

cryptocurrency July 4, 2024

Asset manager Bitwise recently updated its S-1 filing for its spot Ethereum exchange-traded fund (ETF). Advertisements The regulator approval process for this ETF remains critical, with industry experts closely monitoring developments. Bitwise’s Latest Filing Signals A Step Closer to Spot Ethereum ETF Listing Bitwise submitted its updated S-1 form to the US Securities and Exchange […]

cryptocurrency July 3, 2024

Contrary to previous anticipation and predictions, the several spot Ethereum (ETH) ETFs did not launch on July 2. While analysts have set the new expected date for July 8, the optimism around the event is waning. Advertisements Even though some market participants think the event will positively influence ETH, on-chain analysis and comments show that […]

cryptocurrency July 3, 2024

Activities related to NFT trading and staking ensured the rise in dApp activity. While new demand for ETH fell, withdrawals from exchanges jumped. Ethereum [ETH] stood out from the many blockchains available after its dApp volume increased by 92.43% in the last seven days. For context, dApp stands for decentralized Applications. Advertisements They are applications […]

cryptocurrency July 3, 2024

The crypto industry is on the verge of a potentially significant development as key figures in the sector hint at the imminent approval of a spot Ethereum ETF in the United States, possibly triggering a notable price rally for ETH.Nate Geraci, president of The ETF Store, shared insights into the expected timeline for the launch […]

cryptocurrency July 2, 2024

SEC Commissioner Mark Uyeda calls for clear rules for crypto asset disclosures. Mark Cuban and Ethereum co-founder critique SEC’s unclear crypto regulations. Billionaire entrepreneur Mark Cuban has once again taken the public stage to slam Chair Gensler with regard to his handling of cryptocurrency regulation. Advertisements Taking to X (formerly Twitter), Cuban said,  “The issue […]