Fri, October 9

Ethereum Worth $541M Transferred to Coinbase: How Does ETH React?

Ethereum has recently witnessed a surge in bullish activity, signaling a promising path to recovery. Over the past 24 hours, ETH witnessed a commendable 4% upswing in its price, with figures climbing from $3434 to $3657. Notably, this bullish momentum was accompanied by a significant spike in trading volume, which

March 26, 2024 2 mins read

Regulatory Scrutiny Spurs $720M Ether Inflow to Exchanges

The IntoTheBlock data shows that a wave of FUD is responsible for a significant change in the dynamics of the Ethereum (ETH) market. These opinions are crucial to the recent performance differences in Ethereum, according to analysts. According to IntoTheBlock, a blockchain data tracker, a large portion of the Ethereum

March 24, 2024 1 min read

U.S SEC Delays Decision on VanEck Spot Ethereum ETF

Yet another exchange-traded fund (ETF), the VanEck spot Ethereum ETF, is seeing its decision date postponed by the U.S SEC. The government requested public feedback on the ETF and said in a document submitted on Wednesday that it would take until May 23, 2024 to make a decision. The SEC

March 21, 2024 1 min read

U.S SEC Postpones Decision on Ethereum ETF Approval

The date by which the U.S SEC will decide whether it will approve the Hashdex Nasdaq Ethereum exchange-traded fund has been postponed. Hashdex ETF will hold ether spot and futures contracts if authorized. The SEC has extended the deadline for its decision to May 30, 2024, according to a notice

March 20, 2024 2 mins read

Ethereum (ETH) Supply Plummets Amidst Strong Network Activity

The pace of decrease in the ether supply is also at its quickest since May 2023. According to statistics from ultrasound.money, the supply of ether has been decreasing at a rate of 0.872% per year during the previous 30 days. To put that in perspective, the rate of decrease has

March 18, 2024 2 mins read

Why Ethereum Price Drops Post-Dencun Upgrade?

On Wednesday, the long-awaited Dencun Ethereum upgrade finally went live, promising cost-effectiveness within the network ecosystem. However, the deployment didn’t seem to favor Ether’s (ETH) price, as it dipped by 3.6% from $4,083 to $3,936, according to CoinMarketCap data. Further, Singapore-based digital asset trading firm QCP Capital has warned about

March 14, 2024 1 min read

Ethereum Dencun Upgrade Goes Live, Promising Lower Gas Fees for Layer 2

The Ethereum mainnet has successfully implemented the highly anticipated Dencun upgrade, marking a significant milestone in the blockchain’s quest to enhance scalability and affordability for its users. The upgrade, which reached its scheduled epoch at block height 269568, according to Etherscan data, combines upgrades across the consensus and execution layers

March 13, 2024 2 mins read

Ethereum Put Options Demand Signals Risk for ETH Price

While Ethereum’s highly anticipated Dencun update looms, ETH’s options market is sending mixed signals, raising concerns among traders.  According to market analysts at QCP Capital, ETH’s risk reversals have turned negative for near-term expiries, indicating a surge in demand for put options. This shift suggests a growing grasp of a

March 13, 2024 1 min read

Ethereum Surpasses $4000 as Bitcoin Hits New ATH; What’s Next For ETH?

While Bitcoin takes a breather from its epic run to fresh all-time highs, Ethereum looks ready to grab the baton and charge forward. Powered by unrelenting bullish momentum over the past several weeks, ETH seems poised to continue its assault on key milestones – with trader optimism eyeing a new

March 11, 2024 2 mins read

SEC Chair Gary Gensler Dodges Questions on Spot Ethereum ETF

Based on Gary Gensler’s response to a query on the possibility of spot Ethereum ETF clearance, it seems that applicants for this product could have a lengthier wait than anticipated. Gary Gensler, chairman of the U.S SEC, spoke with Yahoo Finance’s Jennifer Schonberger yesterday. She brought up the topic of

March 9, 2024 1 min read