Ethereum Watch

Coinbase, a prominent US crypto exchange, has thrown its weight behind Grayscale’s bid to turn Ethereum Trust into a spot Ethereum exchange-traded fund (ETF). Advertisements Meanwhile, there is high optimism amongst the Ethereum community regarding the US Securities and Exchange Commission’s (SEC) decision on spot Ethereum ETF. Coinbase Explains Why The SEC Should Approve a […]

Ethereum, the second-largest cryptocurrency by market capitalization, has surpassed $3,000 for the first time since April 2022. Advertisements Ethereum Price Surpasses $3,000 This surge in value is attributed to a bullish breakout from an ascending triangle pattern observed on the weekly chart in December 2023. Despite the gradual pace of its upward movement, the ascending […]

Bernstein, a prominent brokerage firm, has recently showcased a bullish outlook on Ethereum (ETH). This perspective aligns with the significant purchase of Ethereum, worth approximately $66 million, by a noted crypto whale wallet – 0x7a9. Advertisements As Ethereum gains momentum, the focus shifts from Bitcoin’s ETF-driven rally to the potential for Ethereum’s institutional adoption and […]

BlackRock, the world’s leading asset manager with an unparalleled record of 576-1 for exchange-traded funds (ETFs) approvals, eyes its next potential victory. The potential approval of a spot Ethereum ETF by the United States Securities and Exchange Commission (SEC). Advertisements This comes after the firm, alongside 13 institutional behemoths, celebrated the launch of the first […]

Deribit Ethereum (ETH) options contracts with a strike price of $2,550 are set to expire on Friday. There are over 24,600 outstanding contracts worth more than $62 million at this price, even as the ETH’s price is $2,541.79 ahead of an exchange-traded fund (ETF) approval deadline in May. Advertisements The large volume of contracts appears […]

Advertisements The stablecoins that makeup Curve’s 3pool have seen increased outflows since the hack. The demand for CRV continues to fall, putting downward pressure on price. In the aftermath of Curve’s reentrancy exploit of July 30, 3pool, one of the decentralized exchange’s (DEX) prominent liquidity pools, continue to experience capital flight, research firm Kaiko noted […]

Advertisements Matter Labs has denied allegations of source code plagiarism made by Polygon.  Polygon previously accused Matter Labs of copying part of its open-source code without giving due credit. In response, Matter Labs claimed it had sufficiently attributed the copied code to Polygon. Matter Labs, the crypto firm behind zkSync, has responded to the recent […]

Advertisements The U.S. SEC has reportedly indicated an inclination to consider Ethereum Futures ETFs.  The change in the regulator’s stance comes after multiple applications over the past week.  TradFi and crypto giants, including Grayscale and VanEck, have filed applications for Ether Futures ETFs.  The securities regulator previously directed multiple funds to withdraw their ETH Futures […]

Advertisements During the intraday trading session on Sunday, BALD’s value rallied by 4,000,000$. Its market capitalization almost touched $100 million in a single day as trading intensified. However, as the project’s developers remove liquidity from the BALD/WETH liquidity pool, the meme coin’s value has plummeted. Coinbase’s Layer 2 platform Base experienced a surge in user […]

Advertisements This crypto whale wallet has been dormant for over 8 years and received tokens from Ethereum’s initial coin offering in 2015. The whale moved 61,216 ETH worth $116 million to an unknown wallet and then to an address linked to the crypto exchange Kraken. Ethereum’s ICO sold coins at 31 cents per token, while […]