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cryptocurrency August 26, 2024

Ethereum has failed to hold levels above $2,800, with the recent uptrend showing signs of weakening. Despite the exchange-supply ratio at record lows, ETH price continues to struggle. Ethereum [ETH] jumped to a multi-week high above $2,800 on the 24th of August as the broader cryptocurrency market rallied. ETH has since lost some of these gains, […]

cryptocurrency August 21, 2024

Ethereum demonstrated signs of recovery, though it remained below previous highs amid cautious market sentiment. Rising Ethereum exchange outflows indicated investor confidence, possibly pointing to a bullish trend ahead. Ethereum [ETH], the second-largest cryptocurrency by market capitalization, has recently experienced a modest recovery in its price, trading at $2,661 at the time of writing. Advertisements […]

cryptocurrency August 14, 2024

There is a high chance that ETH could reach $3,000 or more in the coming days. ETH’s Open Interest has jumped by 5.5% in the last 24 hours, indicating increased interest from investors. On the 14th of August, the overall cryptocurrency market had experienced impressive upside momentum, following the massive 4.5% price surge in Bitcoin […]

cryptocurrency August 10, 2024

Like BTC ETFs, Ethereum ETFs also witnessed outflows over the past few days Metrics and market indicators suggested that Bitcoin’s bear rally might end soon though Despite the bearish market conditions, Bitcoin [BTC] ETFs witnessed promising inflows a few days ago. However, the trend changed over the last 24 hours. Advertisements Hence, it’s worth taking […]

cryptocurrency August 10, 2024

ETH and XRP saw double-digit spikes. XRP was in a bull trend at press time, while ETH remained stuck in a bear trend.  After a turbulent week marked by numerous sell-offs, Ethereum [ETH] and Ripple [XRP] have emerged as major assets experiencing significant rebounds. Advertisements XRP has seen more notable price movement, largely due to […]

cryptocurrency August 9, 2024

Solana ETFs approved by Brazil, set to begin trading this month. Most DePIN projects are built on the Solana blockchain.  Brazil has taken a significant step towards global cryptocurrency adoption by approving the world’s first Solana [SOL] spot ETF.  Advertisements This new fund is set to begin trading in August, as reported by Solana Floor […]

cryptocurrency August 8, 2024

BlackRock bought ETH worth $109.9 million, spurred by the latest price decline. Slight accumulation observed, especially from whales, but retail is still fearful. With the latest discounted Ethereum [ETH] prices, one would expect buyers to ape back into the market. Advertisements Unless there were expectations of more sell side pressure in the coming days. ETFs […]

cryptocurrency July 29, 2024

Grayscale’s Ethereum Trust ETF saw $1.5 billion in outflows from the 23rd to the 26th of July. BlackRock’s iShares Ethereum Trust ETF attracted $87.2 million in inflows on the 26th of July. Since the approval of the spot Ethereum [ETH] ETF for trading, Grayscale Ethereum Trust ETF [ETHE] has experienced significant outflows. Advertisements Grayscale breaks […]

cryptocurrency July 23, 2024

Ethereum has been on the verge of surging past the $3.5k resistance level over the last five days Traders can anticipate a rally towards $3.9k, but chances of a bearish reversal thereafter would solidify Ethereum [ETH], at the time of writing, was trading below the $3.5k-$3.6k resistance zone. Its momentum has stalled over the past […]