Ethereum (ETH) futures have seen a significant surge in open interest, reaching $14.18 billion, marking a 3.98% increase within the last 24 hours. This uptick reflects a sharp rise in trading activity, suggesting a growing bullish sentiment among traders toward Ethereum. Since the start of this week, Ethereum has displayed
The global cryptocurrency market continues to showcase strong activity, with institutional investments and significant transactions involving Tether’s stablecoin, USDT. Cumberland, a prominent player in the crypto space, has injected substantial funds into major exchanges, signifying renewed market momentum. According to Lookonchain, over the past 40 hours, Cumberland has received a
Ava Protocol, a Web3 infrastructure project, has announced its mainnet launch on Ethereum as an EigenLayer AVS for smart contract automation. With extensive compatibility across the EVM ecosystem, this milestone enables developers to effortlessly include Ava Protocol’s boosted transaction automation, privacy, composability, and cost-efficiency into their dapps and projects. The event-driven
After enduring innumerable support and resistance, Ethereum’s price bounced back and sustained itself within the price range of $3.3K. Over the past 24 hours, the price of ETH has spiked by 2.38%. The upcoming ETF launch triggering anticipation among the community catalyzes the current bullish sentiment of ETH. Notably, the
In a notable development, Justin Sun, founder of TRON, announced a significant milestone as TRON’s issuance of USDT surpassed $60 billion, marking a milestone in the blockchain’s history. Sun highlighted TRON as the first blockchain to host a single stablecoin exceeding this threshold, underscoring its growing influence. The issuance of
The crypto market welcomed the update that spot Ethereum ETFs will be launched next week on July 23. Several sources including Reuters have confirmed that the SEC might allow trading of the ETFs next Tuesday. This recent update has caused a positive price rally in Ethereum as it regains its
A recent report from Singaporean trading firm QCP Capital has revealed that the top crypto trading desks have been recording substantial BTC orders from large hedge funds, who are buying at the top, in contrast to the ongoing FUD in the broader crypto community. Speculation is now rife regarding the
Ethereum (ETH) is in a brief bullish swing. Over the past 24 hours, after a 4.71% spike, the second-largest cryptocurrency marked a high of $3,373. This surge comes alongside Bitcoin’s recoup of over 4% to $63.2K. ETH crossed the $3.3K threshold amid this week’s highly anticipated spot ETH ETFs (exchange-traded
The global cryptocurrency community is buzzing with excitement as Nate Geraci, president of the ETF Store, predicts the imminent approval of spot Ethereum exchange-traded funds (ETFs). This anticipation has significantly influenced Ether’s market performance, ETH has climbed over the $3,300 zone. Currently, Ethereum (ETH) is trading at $3,348, reflecting a
The meme coin universe is always a thrill ride! MOONHOP shoots for the stars, BOME unfolds its future, and Cardano navigates the cosmic seas of the crypto universe. This adventure blends predictions with insights into up-and-coming meme coin ventures, offering a peek at their bright futures. MOONHOP grabs the limelight
