Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has demonstrated remarkable resilience in recent days. Amidst broader market uncertainty and fluctuations, ETH showcased a bullish rebound, defying the downward trend that affected several other coins. Over the past 24 hours, ETH surged by 4%, clawing back from recent losses and
Grayscale has filed a fresh prospectus for its ambitions to transform its Bitcoin Trust into a spot Bitcoin ETF after a meeting with the United States SEC. The prospective rebranding of GBTC’s ticker was disclosed in a fresh prospectus submitted on November 22. Grayscale’s updated filing contains revisions and adjustments
“Whales” have amassed a substantial amount of Ethereum. Throughout the last year, major ETH wallets have been adding ETH to their holdings. Tuesday saw the most gain for ETH in newly established wallets. Additionally, on-chain indicators corroborate the price movement of Ethereum. The top 200 Ethereum wallet addresses acquired 62,769,000
The last twenty-four hours in the volatile world of cryptocurrency have been a whirlwind following the unexpected resignation of CZ Binance, the renowned figure and CEO of the largest exchange, Binance. His departure comes hand-in-hand with a staggering $4 billion settlement between United States agencies, shaking the global market capitalization,
Although Bitcoin has been relatively stable over the last 24 hours, prominent altcoins have lost some of the ground they made during early November surges. According to Whale Alert’s data, many whales have recently transferred significant amount of Bitcoin to exchanges. Earlier today, a “whale” moved 2,707 BTC tokens, valued
Ethereum (ETH) has initiated a new rally, breaching the $1,950 resistance level. The second largest cryptocurrency is presently in a consolidation phase, eyeing a potential breakthrough above the $2,070 resistance. This positive momentum follows a key trajectory, from the $1,976 swing low to reaching a high of $2,061. Today, ETH’s
Trading and custody services for Bitcoin (BTC) and Ethereum (ETH), the two biggest cryptocurrencies, are now available to a small group of customers in Switzerland via Santander Private Banking International, a division of the Spanish financial services behemoth Banco Santander. It has been reported that in the next months, Santander
Javier Milei has secured victory in Argentina’s presidential race, setting the stage for a potential economic transformation in the country. Known for his outspoken support of Bitcoin and sharp criticism of traditional central banking systems, Milei’s win has sparked optimism in the cryptocurrency market. Following the announcement, Bitcoin displayed an
According to Santiment, Bitcoin’s price supremacy has returned—at least for the time being-and it has begun to surpass other cryptocurrencies. After a successful month, most altcoins are facing steep correction. Santiment also mentioned that Bitcoin’s NVT ratio had significantly improved. This statistic acts as a vital signal for traders. It’s
According to a filing with the United States SEC dated November 17, Fidelity Investments intends to launch a spot Ethereum ETF. The proposed rule change that would enable Cboe BZX to list and trade shares in Fidelity’s prospective fund was described in a 19b-4 filing. Similar to Fidelity’s spot Bitcoin
