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ETH

cryptocurrency August 9, 2023

Advertisements The launch of PYUSD had little to no impact on the market. Analysts opined that regulators would approve several Ethereum futures ETFs. This year, the evolution of the cryptocurrency market has been marked by various milestones. First, it was the approval of a leveraged Bitcoin [BTC] Exchange Traded Fund (ETF). Now, payment giant PayPal […]

cryptocurrency August 9, 2023

In recent weeks, Ethereum has demonstrated a downtrend in shorter timeframes, where the bulls struggled to maintain the critical $1900 support zone. This allowed the bears to gain dominance. However, there appears to be a change in price sentiment during recent trading sessions. Advertisements On the daily chart, ETH experienced a 2% climb. A positive […]

cryptocurrency August 8, 2023

Advertisements Paypal launched its stablecoin as an ERC-20 token on the Ethereum network. Sentiment around Ethereum improved, but price movement remained the same. Recently, online payment leader PayPal forayed into the digital currency sphere via its own stablecoin named PayPal USD [PYUSD]. The stablecoin will maintain a 1:1 peg to the US dollar and derive its […]

cryptocurrency August 7, 2023

Advertisements Ethereum’s Galaxy Score was high, which was a typical bull signal. Whales continued to accumulate, and derivatives metrics were positive. Ethereum [ETH] has been sitting comfortably under the $1,900 mark, because of which investors have been bearing losses. In fact, the king of altcoins’ number of addresses in profit reached a one month low. […]

cryptocurrency August 6, 2023

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements For some time, Ethereum [ETH] has been experiencing a relatively subdued period in the market. However, analysts are cautioning against interpreting this phase as a weakness in the altcoin. Some of those backing ETH […]

cryptocurrency August 5, 2023

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements ETH’s price action remained below the 12-hour chart order block. A breach of the range-low ($1828) could tip ETH to sink lower. The king of altcoins, Ethereum [ETH], has remained below a key […]

cryptocurrency August 5, 2023

The United States Securities and Exchange Commission (SEC) has been flooded with many applications for Ethereum (ETH) Exchange-Traded Funds (ETFs) in just one week. The applications currently stand at 12, with the latest addition coming from ProShares, a popular fund manager.  Advertisements The platform filed four applications for Ether-based ETFs, including a dual Ether and […]

cryptocurrency August 4, 2023

Advertisements Put options for ETH rose significantly, indicating bearish sentiment within the market. Implied Volatility witnessed an uptick as price declined. Despite earnest endeavors from Ethereum’s [ETH] development team to enhance the protocol, the price of ETH experienced a significant downturn in the past month. This decline exaggerated the bearish sentiment in the market towards […]

cryptocurrency August 3, 2023

Ethereum price is currently still below $2,000 but this could quickly change if some things were to come to pass. Some of the most notable things that have been going on for the cryptocurrency include the multiple exchange-traded funds (ETFs) filings that have been made to the United States Securities and Exchange Commission (SEC). Advertisements […]