Thu, May 28

Will ETH Price Move High as Ethereum Turns Nine?

Ethereum (ETH), the second-largest cryptocurrency, resumes encountering a feud at the borderline post the launch of spot ETH ETFs. The asset is priced in red, dropping by 1.28% over the past 24 hours. This decline comes alongside Bitcoin’s fall of over 4% to $66.5K from $69K.  Ethereum celebrates its ninth

July 30, 2024 2 mins read

Ethereum (ETH) Price Faces Bearish Pressure as Demand Wanes and Whales Dump Holdings

Ethereum (ETH) concluded last week on a bearish note, despite a notable rebound triggered by the recent approval of spot Ether exchange-traded funds (ETFs). The large-cap altcoin, boasting a fully diluted valuation of approximately $407 billion and a daily average traded volume of around $11.1 billion, has managed to establish

July 30, 2024 2 mins read

Ethereum Staking Witnesses Substantial Uptick Amid Spot Ether ETF Wave

More than 28 percent of Ethereum (ETH) has been staked, marking a significant milestone. Glassnode and Cryptoquant.com reports that 28% of the entire ETH is now staked. There is a scarcity signalling around 10% of Ethereum volume on crypto exchanges. According to Leon Waidmann, Head of Research at the non-profit

July 29, 2024 2 mins read

Will Ethereum Price Surpass the $3.5K Level Post Consolidation Phase?

The Bitcoin Conference 2024 having drawn to an end in Nashville witnessed the participation of several prominent personalities within the sector and government leaders. Presidential candidate Donald Trump spoke at the conference expressing his persistent support for cryptocurrency. Meanwhile, the sector has witnessed Bitcoin and other altcoins showing considerable upward

July 29, 2024 2 mins read

Is Ethereum’s Research Team Embracing Centralization?

Vitalik Buterin has firmly rejected claims that Ethereum’s research team is embracing centralization, responding to concerns raised by Péter Szilágyi, head of the Ethereum development team. Szilágyi had expressed worries about the direction of Ethereum’s development, particularly regarding the proposed PeerDAS upgrade. At the recent Foundation research workshop, Buterin emphasized

July 27, 2024 2 mins read

Spot Ethereum ETF Witnesses Massive Outflows, Led by Grayscale’s ETHE

The Grayscale Ethereum Trust ETF (ETHE) has hit a record net outflow of $1.514 billion, which is a startling trend in the crypto market. The entire result is bolstered by a notable net outflow of $356 million on July 26, which highlights this development. Data from SoSoValue shows that Spot

July 27, 2024 1 min read

U.S Spot Ethereum ETFs Experience $152M Net Outflows

In continuation of their withdrawals from the previous day, the nine U.S spot Ethereum exchange-traded funds saw net outflows of $152.3 million on Thursday, their third day of trading. According to statistics from SosoValue, out of all the funds, only the Grayscale Ethereum Trust (ETHE) saw a net outflow of

July 26, 2024 1 min read

Is Ethereum Price Anticipating a Bullish Comeback Post ETF Launch?

The overall crypto market in the last 24 hours showed modest hikes in prices. Leading cryptocurrencies such as Bitcoin and other altcoins showed price increases over the past day. Particularly, the leading altcoin Ethereum factored to a slight increase of 2.49% in its market price. The ETH token has seen

July 26, 2024 2 mins read

Grayscale Moves $486M ETH Amid Ethereum ETF Setback

In a major downturn for the cryptocurrency market, the total global market cap decreased by 3.83%, settling at $2.31 trillion, with trading volumes falling by 8%. Major cryptocurrencies, Bitcoin dipped below $64,000, while Ethereum saw a sharp decline of 7.37% in the past 24 hours, and its trading volume dropped

July 25, 2024 2 mins read

Spot ETH ETFs Kick-Off to a $106M Inflow On First-Day Trading

The Ethereum ecosystem hit a new milestone with the US Spot ETH ETFs starting trading in the last 24 hours. After considerable anticipation, the digital assets began trading on July 23 after the SEC approved the final filings. On the first day of trading, the nine ETFs recorded a total

July 24, 2024 2 mins read