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Search Results for: Ethereum

Will Ethereum Hold $3,500 Amidst Market Uncertainty?

June 22, 2024 – Ethereum (ETH) remains a focal point in the crypto market as it grapples with a key support level of $3,500 amidst renewed concerns over Ethereum ETF approval. Earlier today, ETH dipped below $3,500, sparking fears of a potential decline towards $3,200. However, ETH managed to find

June 22, 2024 2 mins read

Fidelity Amends S-1 for Spot Ethereum ETF, No Sponsor Fee Disclosure

The S-1 registration form for the spot Ethereum ETF was recently modified by financial services behemoth Fidelity Investments. Most of the potential spot Ethereum issuers are anticipated to submit these changes today, as anticipated before. The revised S-1 filing by Fidelity Investments comes as rumors about the approval of spot

June 21, 2024 2 mins read

Pyth Partners with Gauntlet and Morpho to Boost Lending on Base and Ethereum

Pyth Network, a real-time market data provider for blockchain applications, has teamed up with Gauntlet and Morpho to provide improved lending and borrowing experiences on Base and Ethereum. DeFi protocols benefit from Pyth’s dependable, low-latency price data, which gives them a competitive advantage and allows them to optimize capital efficiency

June 21, 2024 3 mins read

BlockDAG’s Keynote Showcases Advanced Mining Rigs And Achieves $52.3M Presale Milestone, Surpassing Ethereum And Solana

Following an awe-inspiring keynote, BlockDAG’s market innovations and technology shifts reveal exciting developments. This article explores Ethereum’s resilience, Solana’s price challenges, and BlockDAG’s advancements in mining rigs. BlockDAG presale surpasses $52.3 million, selling over 11.7 billion coins, and highlights how digital currencies and blockchain tech shape financial landscapes and investment

June 20, 2024 3 mins read

Ethereum Market Sees $2B OI Drop Amid Price Surge

Ethereum’s open interest (OI) has seen a significant decrease from $13 billion to $11.5 billion. This decline in OI, which represents the value of outstanding futures contracts, indicates that traders are closing their positions in the cryptocurrency, providing some relief to the market. Prominent Intotheblock analyst Burak noted, “Following this

June 20, 2024 2 mins read

Ethereum Layer-2 Base Experiences Surge in Daily Active Users on DEXs

Coinbase-backed Ethereum layer-2 network Base with 270,000 users on June 17th set a new record for most daily active users on decentralized exchanges (DEX). The number increased by almost 9% as compared to the day before. Based on the most recent all-time high in active users, Base-powered decentralized exchanges have

June 19, 2024 2 mins read