Sat, November 15

Ethereum Climbs 5% Despite Major Sell-Off Preparations

As the crypto market regains momentum, attention is drawn to the upcoming US election, which will have a huge impact on digital assets. Ethereum (ETH), the second-largest cryptocurrency by market cap, has climbed more than 5% in the past 24 hours, trading above the $2,750 zone. This surge comes at

August 14, 2024 2 mins read

U.S Spot Ethereum ETFs See $4.9M Inflows, Ending 3-day Outflow Streak

On Monday, $4.9 million poured into U.S. spot Ethereum ETFs, while the Grayscale Ethereum Trust (ETHE) witnessed its first day of trading with zero flows since converting into an ETF. After three days of negative flows, the net inflows of the nine ether ETFs was recorded, according to statistics from

August 13, 2024 1 min read

Spot ETH ETFs Record First Positive Weekly Inflows Amid Price Struggles

US spot Ethereum ETFs after the July 23 launch were expected to draw significant inflows similar to the spot Bitcoin ETFs. The digital assets failed to meet analysts’ expectations as it witnessed mounting outflows following its initial launch day. However, the past week has witnessed for the first time weekly

August 12, 2024 2 mins read

Ethereum Median Gas Fees Plunges to Record 5-Year Low

As the volume of transactions on layer-2 networks keeps increasing, the median price of sending a transaction on the Ethereum blockchain has fallen to its lowest point in five years, with low-priority transactions falling to about 1 gwei or even lower. On August 10th, Dune Analytics data showed that the

August 12, 2024 2 mins read

Is the Recent Ethereum Dip a Sign of Whale Manipulation?

August has been challenging for altcoins, with Ethereum, the leading altcoin, hitting a seven-month low of $2,111. Despite the market downturn, significant whale movements are drawing attention. A prominent ICO-linked whale recently deposited another 5,000 ETH ($13.2 million) to OKX, just 12 hours before Ethereum’s price dropped further. Since July

August 12, 2024 2 mins read

Ethereum Price Consolidates at $2.6K Amid Increasing Selling Pressure

The beginning of August witnessed a spur of activity within the crypto sector. While most of the market attention was focused on the first-week market crash, regulatory activities, and notable partnerships took place. Meanwhile, this following week exhibits price revivals from key cryptocurrencies as Bitcoin retracted to $60K. Leading altcoin

August 10, 2024 2 mins read

Ethereum Surges 10%: Can ETH Hit $2,800?

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has demonstrated remarkable resilience in the face of recent market turbulence. After touching a critical support level of $2,116 earlier this week, ETH staged a powerful comeback, surging 10% in a 24-hour period to reach approximately $2,670 during the mid-London trading session

August 9, 2024 1 min read

BlackRock and Nasdaq File for Options Trading on Spot Ethereum ETF

BlackRock and Nasdaq have filed with the SEC to add options trading to the iShares Ethereum Trust (ETHA). Final SEC approval is anticipated by April 9, 2025, with pending approvals from the OCC and CFTC. This move, disclosed in a regulatory filing, aims to enhance market dynamics and provide investors

August 7, 2024 2 mins read

Grayscale Ethereum ETF Outflows Near $2.3 Billion

While the global crypto market turned to recovery, Ethereum exchange-traded funds (ETFs) in the United States displayed notable activity. On Wednesday, BlackRock’s fund saw a significant net inflow of around $110 million, contributing to a positive trend for Ethereum ETFs. For two consecutive days, U.S.-based spot Ether ETFs have recorded

August 7, 2024 2 mins read

Jump Trading’s Massive ETH Liquidation Sparks Market Turbulence

Jump Trading, a prominent crypto trading firm, has made headlines again by cashing out $116.7 million worth of Ethereum (ETH) just 11 hours ago. This move follows a significant sell-off that began on July 24, during which the firm withdrew $611.78 million USDC from Binance and deposited $558.2 million USDC

August 7, 2024 2 mins read
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