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Search Results for: etfs

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

Solana (SOL) Slides Back to $180 After Recent Bullish Price Rally

The overall crypto market witnessed a slight price dip of 3.28% in the last 24 hours. Leading cryptocurrencies, Bitcoin and Ethereum also showed price declines going back to previous trading levels. Notably, the second largest altcoin, Solana also incurred bearish movements after the upward movements.  According to CMC data, SOL

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

21Shares Integrates Chainlink’s PoR for Enhanced Transparency of Ether ETF

To improve transparency regarding Ethereum reserves supporting the 21Shares Core Ethereum ETF (CETH), 21Shares U.S. LLC, an affiliate of 21Shares AG, has integrated Chainlink’s Proof of Reserve on the Ethereum mainnet. This also affirms CETH as a legitimate holder of Ether. 21Shares selected Chainlink as its decentralized computing platform because

July 29, 2024 2 mins read

BlackRock Addresses Rise in Bitcoin and Ether ETF Scams

US-based ETF giant BlackRock recently announced that there has been a notable rise in scammers targeting its ETF investors. The asset management firm has issued several ETP products including a spot Bitcoin ETF and a spot Ethereum ETF, launched in 2024.  Notably, the asset management firm announced in its X

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

Solana Consolidates as Bulls Strive to Drive Price Above $200 Level

In spite of the market’s general downturn, Solana has maintained its upward pricing trend. Solana reached a major milestone last week when its value surged enough to overtake Binance Coin (BNB) in terms of market capitalization. For over 24 hours, BNB Chain and Solana have been engaged in a violent

July 29, 2024 1 min read