Mon, April 7

Ethereum Supply Faces Inflationary Phase Due to Dencun Upgrade

It seems that the Dencun upgrade to the Ethereum blockchain in March is to blame for the longest inflationary phase in the quantity of fresh Ether since the Merge in 2022. Since April 14, the total supply of Ethereum (ETH) has increased by more than 112,000 ETH, as reported by

June 26, 2024 2 mins read

Can Ethereum Rally Continue to New Highs This Week?

Ethereum’s (ETH) price action over the past week saw a dip to $3,259, raising fears of a decline below $3,000. However, ETH managed to find support and is currently trading at $3,375, having risen by 1.93% within the past 24 hours. Despite this recent uptick, ETH is down 10.30% over

June 25, 2024 2 mins read

YieldMax Files With the SEC to Launch Ether Option Income Strategy ETF

The prominent ETF issuer YieldMax has recently filed with the US SEC to launch an ETF based on the Ether Option Income Strategy. According to a filing made public on June 21, 2024, the ETF will be listed on the NYSE Arca. This strategic shift is also occurring at the

June 22, 2024 2 mins read

Fidelity Amends S-1 for Spot Ethereum ETF, No Sponsor Fee Disclosure

The S-1 registration form for the spot Ethereum ETF was recently modified by financial services behemoth Fidelity Investments. Most of the potential spot Ethereum issuers are anticipated to submit these changes today, as anticipated before. The revised S-1 filing by Fidelity Investments comes as rumors about the approval of spot

June 21, 2024 2 mins read

Ethereum Teeters on the Edge of Breaking Crucial Support Zone

Ethereum bulls and bears are in a feud to break the $3K range to go to a high of $4K. Thus, at the time of writing, the coin is trading at $3,535 with a 0.67% gain in the past 24 hours. After a 15.89% decline, the daily trading volume recorded

June 15, 2024 2 mins read

Ethereum Sees Record Long-Term Holder Accumulation Amid Price Dip

Following a recent price dip, Ethereum (ETH) had one of its most significant days for long-term holder accumulation. Demand for Ethereum has skyrocketed. In a post on June 13th, CryptoQuant’s chief of research Julio Moreno said that buying by permanent holders was the second highest it has ever been. According

June 14, 2024 1 min read

SEC Chair Gensler Anticipates Ethereum Spot ETF Approval This Summer

During the summer, SEC Chair Gary Gensler anticipates the approval of Ethereum spot ETF S-1s. This follows prior conjecture on the S-1 launch window. In addition to the highly anticipated Ethereum ETFs, Gensler also addressed the difficulties that decentralized finance (DeFi) presents to anti-money laundering (AML) regulations. The announcement by

June 14, 2024 2 mins read

Vitalik Buterin Hails Ethereum’s Journey and Optimism’s Milestone

Vitalik Buterin is praising the successes of Ethereum’s Layer 2 protocols in light of the recent Optimism (OP) milestone. As per OP Labs’, Ethereum L2 Optimism has now included fault proofs to its smart contracts. As of right now, Optimism is in what the development team calls “Stage 1” of

June 12, 2024 2 mins read

Should Ethereum Traders Be Prepared for an Imminent Breakout?

Ethereum has been one of the most talked-about cryptocurrencies this year, especially with its roller-coaster performance and the recent ETF approval green light. Starting the year trading at $2,352, Ethereum saw a significant rise to $4,093 in March, a level not reached since 2021. However, by May 1, the price

June 10, 2024 2 mins read