Ethereum Watch

During early Asia trading time, the crypto market experienced a drastic decline. According to CoinGecko, the total crypto market capitalization has dropped by 12.5%, now standing at approximately $1.97 trillion. Advertisements This marks the first time since mid-February that the market cap has fallen below the $2 trillion mark. Fed’s Rate Stance Spurs Speculation on […]

Grayscale’s Ethereum Trust (ETHE) has seen a notable reduction in outflows during its second week of trading, following a $1.5 billion outflow in the initial week. Advertisements According to blockchain analysis firm Arkham Intelligence, ETHE experienced an 80% drop in outflows as the second week progressed. Why Grayscale’s ETHE Outflows Declined On July 29, approximately […]

A “smart money” bought 4,000 Ethereum (ETH) tokens worth $12.58 million on Friday. The transaction drew attention, not only due to the prevailing market conditions but also because of the trader’s track record of successful purchases. Advertisements Retail investors and smaller traders often look to smart money investors for cues on market direction and potential […]

VanEck Head of Digital Assets Research Mathew Sigel says Solana ETFs (exchange-traded funds) could hit markets sooner than expected. The firm’s position differs from that of BlackRock, which thinks it may be premature to have the financial instrument now. Advertisements Solana (SOL) remains a formidable contender in the crypto market. It first challenged Ethereum on […]

An Ethereum ICO participant resurfaced on Tuesday, moving a large chunk of his investment to a new wallet. The early investor’s reemergence comes on time for the network’s ninth birthday. Advertisements ICO, short for initial coin offering, differs from a project’s launch date. During an ICO, the project issues digital tokens or coins for sale […]

Today, July 30, marks a week since the spot Ethereum ETFs started trading. But contrary to initial anticipation, the launch of the financial products has not affected the price of ETH positively. Advertisements While the cryptocurrency’s market value rose above $3,500 on launch day, it did not take long before it dropped. Ever since, ETH […]

BlackRock ETF and Index Investments CIO Samara Cohen discussed the iShares Ethereum Trust ETF (ETHA) in an interview with Bloomberg. She lauds Ethereum, like Bitcoin, for meeting investability criteria, citing customer feedback. Advertisements The investment firm issues both Bitcoin (BTC) and Ether (ETH) ETFs (exchange-traded funds) but recently dismissed prospects of a Solana counterpart, at […]

Spot Ethereum exchange-traded funds (ETFs) saw a net outflow of $340 million in their first week of trading, primarily due to substantial outflows from Grayscale’s converted Ethereum Trust (ETHE). Advertisements Despite this, analysts remain optimistic about the performance of these new products. Grayscale Outflows Dominate Ethereum ETFs Flows Data from Farside shows significant inflows for […]

Despite the initial excitement surrounding the newly launched US spot Ethereum exchange-traded funds (ETFs), analysts predict minimal short-term price impact on Ethereum. Advertisements Since the US Securities and Exchange Commission (SEC) greenlit these investment products, Ethereum’s market behavior has been tepid. Its price and investor interest have declined noticeably compared to Bitcoin and Solana. Ethereum […]

Approximately $5.65 billion in Bitcoin (BTC) and Ethereum (ETH) options are set to expire today. Advertisements This massive expiration is anticipated to introduce considerable volatility, with traders and investors keenly observing the potential impacts on the crypto market. How Will the Spot Ethereum ETFs Launch Impact the Crypto Options Market? Today’s expiration includes 61,320 Bitcoin […]