The cryptocurrency community, after experiencing a fretful week, has seen signs of market recovery on the horizon. As Bitcoin and other cryptocurrencies begin to exhibit a pause to plummeting prices, the overall market has shown a 4.15% increase in market cap. Leading Altcoin Ethereum showed a price increase of 5.09%
In order to list and trade shares of a spot Ethereum (ETH) exchange-traded fund (ETF), asset management firms VanEck and 21Shares have updated their S-1 registrations with the US SEC. The firm’s attempts to secure final clearance from the SEC for its Ethereum ETF included filings on July 8 in
Ethereum’s price continues to experience fluctuations, struggling against market resistance, reflecting wider economic effects on currency values. Meanwhile, Litecoin demonstrates a disconnect between its frequent use in transactions and its market valuation, despite being a key player for quick and low-cost transactions. In this environment, BlockDAG stands out as a
Ethereum, the largest-capped altcoin, marks the slightest recovery back to $3,000 with a minute spike of 1.25% in the last 24 hours. Alongside Bitcoin’s dip to $53.4K, Ethereum bottomed at $2.8K last week, creating a panic in the market. Mt. Gox and the German Government were among the instigators of
SSV Network, a distributed validator network centered on Ethereum, has achieved a significant milestone in the restaking and staking ecosystems by achieving one million $ETH staked on its platform. After its permissionless network was unveiled in December 2023, the protocol went live officially, enabling a variety of partners and solo
Amid a challenging bearish market, Ethereum has recently approached a four-month low, dropping from $3,043.58 to $2,826.48 over the past 24 hours. However, there is a tentative recovery with a modest 2% increase noted at the time of writing. One of the most notable developments amid this volatility has been
IPOR Labs, the company behind the IPOR interest rate derivatives protocol and IPOR Fusion, has announced its sponsorship of the biggest Ethereum ecosystem event in Europe – ETHcc[7]. IPOR Labs founders, quants, and engineers are coming to Brussels to discuss DeFi asset management and present IPOR Fusion – a meta
Before the expected introduction of spot Ethereum exchange-traded funds (ETFs) in the US. The Grayscale Ethereum Trust (ETHE) is no longer trading at a discount to net asset value (NAV). Data from YCharts shows that on July 3, ETHE, which had traded at a discount for the previous three years,
Amid recent market turbulence, Ethereum has struggled to regain its footing after a significant 15% drop below key support levels. The crypto’s price plummeted below the crucial $3,000 mark due to a broader market downturn triggered by BTC. Bitcoin payouts from the Mt. Gox bankruptcy, flooding the market with additional
The overall crypto market witnessed a 3% dip in market cap in the last 24 hours, constituting two consecutive days of bearish trends. Leading cryptocurrencies have incurred price dips over the past week causing the initiation of a selling pressure in the market. The second largest cryptocurrency, Ethereum has shown
