Ethereum Watch

SEC was looking to label ETH as a security per a recent investigation. Lack of communication between applicants and the regulator was concerning. Bitcoin [BTC] may have seen the light of day but the second-largest cryptocurrency, Ethereum [ETH], may not be as lucky to get its widely-anticipated spot exchange-traded funds (ETFs) approved in the U.S. […]

Bitcoin has seen more NFT sales than Ethereum in the last week. BAYC’s floor price has plunged to its 2021 levels.  The sales volume of non-fungible tokens (NFTs) on the Ethereum [ETH] network has surged in the past two days, exceeding that of Bitcoin [BTC]. However, according to CryptoSlam’s data, the Bitcoin network holds the […]

There exists a disconnect between regulators and potential issuers regarding Ethereum ETF approval. ETH experienced a significant decline as investors brace for potential challenges ahead. The Securities and Exchange Commission (SEC) is actively pursuing a legal campaign to reclassify Ethereum [ETH] as a security. Advertisements The development has rattled several U.S. companies, which have been […]

$4.27 million ETH liquidations occurred over the last 24 hours in the DeFi sector. Traders turned bearish as IV grew. Over the last week, the price of Ethereum[ETH] has fallen tremendously coinciding with the correction in Bitcoin’s[BTC] price. Advertisements Bulls get punished Based on Parsec’s data, DeFi saw over $5.4 million in collateral liquidated within the […]

SEC’s latest delay announcement has spurred some degree of skepticism Experts are now revising the odds of an Ethereum spot ETF being approved The United States (US) Securities and Exchange Commission (SEC) has pushed back its verdict on the proposed Ethereum [ETH] exchange-traded funds (ETFs) by Hashdex and ARK 21Shares.  Advertisements This delay, announced on […]

The Ethereum vs Solana debate took a renewed twist in the third week of March after Solana hit crucial milestones.  Advertisements For starters, Solana’s [SOL] search interest on Google Trends surpassed Ethereum [ETH]. This indicates a spike in retail attention to SOL compared to ETH.  Additionally, SOL flipped BNB based on market cap and climbed […]

ETH’s total value deposited surpassed $25 billion. The heightened demand likely stemmed from the anticipation of the Dencun upgrade. Over the past year or so, scaling solutions have played a substantial role in boosting demand for the Ethereum [ETH] ecosystem. Advertisements Built atop the base layer of Ethereum, these so-called layer -2 (L2) chains were […]

Increased demand for the Ethereum network has led to a surge in burn rate. This has brought about a decline in the coin’s circulating supply. Ethereum’s [ETH] circulating supply has fallen to a new post-merge low, according to data from Ultrasound.money. Advertisements In the last month, 86,219 ETH worth around $300 million at the altcoin’s […]

Grayscale said case for Ethereum spot ETFs as strong as that of Bitcoin. Concerns regarding the approval started to surface Grayscale Investments submitted a revised filing with the U.S. Securities and Exchange Commission (SEC) to transition its flagship Ethereum [ETH] trust into a spot ETF. Advertisements One step closer Craig Salm, the company’s Chief Legal […]

The past 24 hours have seen a decline in the general cryptocurrency market. BTC, ETH, and XRP prices may witness further decline in the short term. As the crypto market overheats, the values of many leading assets have declined over the past 24 hours. Due to this, the global cryptocurrency market capitalization plummeted by 7% […]