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Ethereum (ETH) News

cryptocurrency June 11, 2024

The behavior of Ethereum (ETH) holders provides crucial insights into market sentiment and potential future price movements. Advertisements This analysis delves into the recent trends among Ethereum addresses holding 1,000 ETH or more, alongside the actions of the largest whales holding 10,000 ETH or more. Ethereum Price Analysis: Bearish Momentum as Key Supports Break The […]

cryptocurrency June 11, 2024

The US Securities and Exchange Commission (SEC) has added a spot Ethereum exchange-traded fund (ETF) application from asset manager ProShares. Advertisements This development came after ProShares filed a proposal to list and trade spot Ethereum ETF shares on the New York Stock Exchange (NYSE) on June 6. SEC Recognizes ProShares’ Spot Ethereum ETF Filing In […]

cryptocurrency June 9, 2024

Evgeny Gaevoy, CEO of crypto market maker Wintermute, has recently voiced concerns about Ethereum’s (ETH) leadership. Advertisements According to Gaevoy, Ethereum’s potential downfall will not be due to technical shortcomings compared to competitors like Solana but from contradictions within its leadership. Wintermute CEO Highlights Leadership Paradox in Ethereum Gaevoy criticizes Ethereum’s leadership, particularly the network’s […]

cryptocurrency June 9, 2024

The Arbitrum Decentralized Autonomous Organization (DAO) has approved over $200 million worth of ARB tokens to enhance the Ethereum layer-2 network’s gaming sector. Advertisements This funding milestone coincides with a surge in key network metrics, reflecting growing community adoption. Arbitrum Boosts Gaming Community On June 7, the Arbitrum community passed a proposal to fund the […]

cryptocurrency June 6, 2024

VanEck, a leading asset manager, has boldly predicted that Ethereum (ETH) will reach $22,000 per coin by 2030. This projection stems from the anticipated approval of spot Ethereum exchange-traded funds (ETFs). Advertisements According to the firm, such approval would enable financial advisors and institutional investors to hold Ethereum securely and benefit from improved pricing and […]

cryptocurrency June 3, 2024

The US Securities and Exchange Commission (SEC) approving Ethereum spot ETFs was a big step for the cryptocurrency market. Advertisements The regulator’s decision followed the earlier approval of Bitcoin spot ETFs, which led to a massive inflow of capital into BTC. Ethereum ETFs Could Record Massive Inflows After Launch A prominent crypto researcher Bobby Banzai […]

cryptocurrency June 3, 2024

Significant movement has occurred in the crypto market since the US Securities and Exchange Commission’s (SEC) preliminary approval for spot Ethereum exchange-traded funds (ETFs). Advertisements A recent analysis by CryptoQuant highlights that unidentified entities have withdrawn over 800,000 Ethereum (ETH) from crypto exchanges, valued at approximately $3 billion. Surge in Ethereum Withdrawals Signals Investor Optimism […]

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 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

Vitalik Buterin, the visionary co-founder of Ethereum (ETH), recently highlighted the deep connection between culture and the technological advancements within the Ethereum ecosystem. Advertisements He emphasized the significance of underlying cultural dynamics in shaping Ethereum’s growth. Known for its pioneering role in blockchain and smart contracts, Ethereum has evolved to foster a diverse community. Here, […]