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cryptocurrency May 29, 2024

The past few months have been marked by an uptick in ETH whale activity. Since the SEC approved ETH spot ETF, there has been a rally in daily whale transfers. Ethereum [ETH] has witnessed a surge in whale activity in the past few months, Santiment noted in a newly published report.  Advertisements According to the […]

cryptocurrency May 28, 2024

Bitcoin’s $70K surge seems like a dream as prices and social metrics decline.  Michael Saylor’s optimism clashes with market uncertainties. Amid widespread anticipation, Bitcoin [BTC] surged to $70,000 on the 27th of May, only to retract to $68,101 within 24 hours. This downturn has sparked significant FUD (Fear, Uncertainty, and Doubt), as noted by trader […]

cryptocurrency May 27, 2024

Michael Saylor makes a U-turn on ETH after ETF approvals.  The executive said that the approval will further legitimize crypto assets.  MicroStrategy founder and CEO Michael Saylor has changed his ‘no second best to Bitcoin’ rhetoric after the Ethereum ETF’s approval. Advertisements Commenting on the approvals, Saylor underscored the update as ‘good for crypto asset […]

cryptocurrency May 27, 2024

Ethereum whales have become more active recently. ETH is attempting to establish the $3,600 range as its support. Analysis revealed that before the Ethereum [ETH] ETF was approved, a particular whale address made bold moves by acquiring more ETH at a specific price level. Advertisements As a result, this address saw a significant unrealized profit. […]

cryptocurrency May 26, 2024

SEC approved the 19b-4 listing for Ethereum ETFs, but S-1 approval is awaited Bitcoin ETFs have been seeing massive inflows, with Ethereum expected to attract millions too After much speculation surrounding the approval of Spot Ethereum [ETH] ETFs, the SEC gave a green light to these financial products a few days ago.  Advertisements However, what’s significant […]

cryptocurrency May 25, 2024

Ethereum Classic’s price increased by more than 3% in the last 24 hours. ETC was awaiting its fourth halving, which is scheduled for the 31st of May. All eyes remained on the king of altcoins as the US SEC approved exchange applications to list spot Ethereum [ETH] ETFs. But Ethereum Classic [ETC] silently stole the […]

cryptocurrency May 24, 2024

ETH’s Taker Buy Sell Ratio rallied toward 1. This suggested a decline in selling pressure in its Futures market. Ethereum’s [ETH] Taker Buy Sell Ratio, observed using a 7-day simple moving average (SMA), was poised to cross above its 1-center line at press time, according to CryptoQuant’s data. Advertisements This suggested a decline in sell […]

cryptocurrency May 23, 2024

Ethereum saw around $2.3 billion inflows. The ETH price rise triggered a notable short liquidation volume. Ethereum [ETH] recently experienced a significant price move, triggering a large volume of short liquidations and leading to a record inflow volume. Advertisements Amid these developments, there is speculation that institutions might be preparing for the potential approval of […]

cryptocurrency May 22, 2024

UNI’s price surged after the protocol disclosed a plan to introduce the ERC-7683 standard. Open Interest hit a monthly high, activity spiked, while the token could rise to $12. Uniswap [UNI] broke out, rose by 18.98% and hit $9.30 in an unexpected move within the last 24 hours. Advertisements For many participants, the surge could […]

cryptocurrency May 21, 2024

ETH now trades at a two-month high. The number of short positions liquidated on 20th May represented the coin’s single-day highest since the beginning of the year.  Ethereum [ETH] has rallied to a two-month high after Bloomberg analysts increased the odds of the Ethereum Exchange Traded Fund’s (ETF) successful launch.  Advertisements In a post on […]