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cryptocurrency June 2, 2024

Interest in Ethereum NFTs declined materially as sales plummeted over the past month. ETH’s price remained stable, but network growth continued to decline. Even though the price movement of Ethereum [ETH] was in a positive direction over the last few days, the ecosystem of Ethereum was facing some major problems. NFT volumes begin to fall […]

cryptocurrency June 2, 2024

Ethereum, the world’s second-largest cryptocurrency, finds itself at a critical juncture. After a strong 25% surge in the past month, outperforming its peers, Ethereum is facing a formidable hurdle in the form of resistance levels around $3,795 and $3,846. Analysts are watching this price battle closely, as it could determine the coin’s trajectory in the […]

cryptocurrency June 1, 2024

$4.7 billion in BTC and ETH options are set to expire, potentially influencing market volatility. Technical analysis on the chart shows us possible price movements for Bitcoin and Ethereum following the options expiry In the financial markets today, all eyes are on the cryptocurrency sector as it braces for a significant event. Advertisements Both Bitcoin […]

cryptocurrency June 1, 2024

The race to lower fees for spot Ethereum exchange-traded funds (ETFs) has begun as applicants aggressively reduce costs to attract investors. Advertisements Experts note that fee wars are common in the ETF industry, as issuers tend to reduce their expense ratios to attract inflows. The crypto industry experienced this firsthand during the January approval process […]

cryptocurrency June 1, 2024

Following the abrupt approval of the Ethereum Spot ETFs by the US Securities and Exchange Commission (SEC), several prospective issuers have now filed amended versions of their S-1 forms. This development follows an initial directive from the commission that necessitated all asset managers vying to launch an Ether Spot ETF  to submit their draft S-1 […]

cryptocurrency May 31, 2024

The recent price action of Ethereum has not been so much of a breeze. The second-largest cryptocurrency by market cap experienced a surge that nearly reached its all-time high, only to be met with a sharp reversal, leaving long traders licking their wounds. Advertisements Related Reading Bulls Take A Hit, But Sentiment Remains Positive The […]

cryptocurrency May 30, 2024

Ethereum co-founder Vitalik Buterin has demonstrated his unwavering commitment to privacy in the cryptocurrency sector by donating 30 ETH, valued at approximately $113,000, to the legal defense fund of Tornado Cash developers Alexey Pertsev and Roman Storm. Advertisements This donation highlights the significance of their cause and Buterin’s dedication to privacy rights. Etherscan Data Confirms […]

cryptocurrency May 30, 2024

Bitcoin and Ethereum have risen to become one of the most valuable assets globally. There has been a pause in the uptrends that BTC and ETH saw in the previous week. Recent data shows that Bitcoin [BTC] and Ethereum [ETH] have achieved dominance not only within the cryptocurrency market but also in the broader financial […]

cryptocurrency May 30, 2024

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