Ethereum Watch

Ethereum ETF approval is expected by September allowing issuers to prepare for trading. ETH price declined post-announcement but showed recovery. After much anticipation regarding the approval of Ethereum [ETH] spot Exchange Traded Funds (ETFs), the SEC has finally provided a specific timeline. Advertisements Is SEC ready to approve the ETH ETF? During a budget hearing […]

Ethereum price struggled to clear the $3,650 resistance. ETH started another decline and there is now a risk of more dips below the $3,420 support. Advertisements Ethereum started a fresh decline below the $3,550 support zone. The price is trading below $3,540 and the 100-hourly Simple Moving Average. There is a crucial bearish trend line […]

Toncoin has seen more daily active addresses than Ethereum since the beginning of the month. TON’s weighted sentiment was positive for the first time since June started. Toncoin [TON], the blockchain network linked to the popular messaging app Telegram, has seen more demand than the leading Layer 1 blockchain, Ethereum [ETH], since the beginning of […]

US Securities and Exchange Commission (SEC) Chair Gary Gensler announced that spot Ethereum exchange-traded funds (ETFs) will likely launch this summer. Advertisements He made this statement during a budget hearing with the Senate Appropriations Committee on Thursday, June 13. Ethereum ETFs Almost Ready to Trade Gensler highlighted that the final approval process for these ETFs […]

Readers will find today’s analysis of Ethereum (ETH) interesting. On June 11, about 542,000 ETH moved out of exchanges— the largest outflow of the year. Advertisements However, the trend did not take long to change, prompting speculation that the potential increase to $4,000 may be delayed. Ethereum Opens the Floor for Bears According to data […]

Ethereum (ETH) bulls got a taste of fire on June 11th as the altcoin’s derivatives market witnessed a dramatic surge in long liquidations. According to data from Coinglass, this event marked the highest level of long liquidations since May 23rd, signifying a significant correction for traders who bet on rising prices. Advertisements Related Reading Crimson […]

The CME FedWatch Tool has indicated a low probability of a cut. Senator Warren’s letter hinted at Bitcoin’s bullish situation. With the Federal Open Market Committee (FOMC) meeting scheduled for the 12th of June, the crypto community is abuzz with speculation about its effect on market dynamics. Advertisements Current indications suggest that interest rates will […]

Metamask has launched pooled staking to enable ETH holders to stake in validators operated by Consensys regardless of the amount of Ethereum they hold. Advertisements The launch will empower more people to be rewarded for securing the Ethereum network. Pooled Staking On Metamask Available For Some Users The leading self-custodial wallet for over 100 million […]

Industrial and Commercial Bank of China (ICBC), the largest Chinese bank, recently published a report highlighting Bitcoin (BTC) and Ethereum’s (ETH) potential. Notably, the report refers to Ethereum as “digital oil,” emphasizing its role in the digital economy. Advertisements This endorsement by such a prominent financial institution highlights Ethereum’s growing importance and potential for future […]

Ethereum price failed to recover above the $3,650 resistance. ETH declined again below the $3,550 level and now shows bearish signs below $3,600. Advertisements Ethereum started a fresh decline below the $3,550 support zone. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with […]