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cryptocurrency July 11, 2024

Ethereum whales are actively accumulating, with recent large transactions signaling renewed confidence. Anticipation of Ethereum ETF approval drives significant institutional inflows, suggesting bullish sentiment. Ethereum’s [ETH] price increase has triggered heightened activity among large holders, commonly known as whales. Advertisements Following a week of downward momentum, ETH’s price has seen a resurgence, leading to substantial […]

cryptocurrency July 10, 2024

As the launch of the spot Ethereum ETFs reaches the finish line, several predictions have emerged. While some have been bearish on ETH’s price, others are betting on a parabolic rally. Advertisements Out of the numerous forecasts, one caught BeInCrypto’s attention, and it has to do with ETH’s potential to replicate Bitcoin’s (BTC) performance. 200% […]

cryptocurrency July 10, 2024

Ethereum has finally caught a breather in the last 48 hours. The price held steady above the $3,000 price range. Ethereum [ETH] maintained a stable trading range in the $3,500 zone until it encountered significant declines that substantially reduced its price. Advertisements Despite this downturn, the flow of Ethereum across exchanges has been mixed, reflecting […]

cryptocurrency July 9, 2024

Key Takeaways BTCfi tokens are down 23.4% in 2024, but the ecosystem’s TVL has increased over 100%. Three main factors are slowing BTCfi adoption: market distractions, user experience issues, and overall crypto market conditions. Share this article Advertisements URL Copied Advertisements The tokens from the Bitcoin decentralized finance (BTCfi) sector are down 23.4% on average […]

cryptocurrency July 9, 2024

Vitalik Buterin demonstrated the interface of depositing into the Ethereum (ETH) blockchain Polymarket, highlighting the need for change. He calls for the implementation of ERC-3770 and ERC-7683 upgrades. Advertisements The Ethereum network’s moves to double down on enhancing user experience and fostering developer activity are key strategies for the ecosystem to maintain its industry repute. […]

cryptocurrency July 9, 2024

Bitcoin’s (BTC) price is down 24% since topping out at $71,758 in early June. As sentiment remains soar, the next directional bias for the pioneer cryptocurrency hinges on four critical narratives that continue to unfold. Advertisements Retail traders adjust their trading strategies based on market sentiment, which explains the highly volatile nature of crypto. Critical […]

cryptocurrency July 9, 2024

Industry experts are increasingly optimistic that the US Securities and Exchange Commission (SEC) will soon approve a spot Ethereum exchange-traded fund (ETF). Advertisements This growing confidence comes as several prominent asset managers, including Fidelity, VanEck, Franklin, 21Shares, Grayscale, and BlackRock, filed their updated S-1 forms with the SEC yesterday. Ethereum ETF Approval May Be Close […]

cryptocurrency July 9, 2024

Ethereum ETFs were gaining much popularity in the United States. ETH was down by 12% last week, but a few market indicators hinted at a trend reversal.  Ethereum [ETH] has been facing multiple price corrections over the past month. This happened at a time when its much-awaited ETH ETFs launch was drawing in. Advertisements Therefore, […]

cryptocurrency July 8, 2024

The Ethereum price has fallen by around -25% since its mid-March peak at around $4,100 and is currently trading just above $3,000. While this loss is in line with the broader market trend and in particular Bitcoin’s price drop of about -22% in the same time, there could be another reason for ETH’s price slump, […]

cryptocurrency July 8, 2024

A crypto whale wallet – 0x742, likely liquidated a substantial Ethereum position valued at approximately $21.43 million. This investor deposited 7,240 Ethereum (ETH) into the Kraken crypto exchange at $2,960 per ETH. Advertisements The move is intriguing, especially given the proximity to the anticipated launch of Ethereum-based ETFs. Ethereum Attempts a Price Recovery According to […]