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Search Results for: Ethereum

Ethereum Maintains $2,700 Support as $699 Million June ETF Inflows Counter Market Weakness

Ethereum continues trading above the critical $2,700 level despite broader market pressure that has pushed Bitcoin below $108,000, with institutional support through exchange-traded fund inflows providing a cushion against bearish sentiment. The cryptocurrency has shown resilience with only a minor 0.5% intraday pullback, though derivatives market activity suggests potential retesting

June 12, 2025 2 mins read

Ethereum NFT Traders Reclaim 2022 Levels, Is NFT Market Boom Ahead?

Non-fungible tokens are one of the admirable applications of blockchain technology. Ethereum has brought a viable network to launch and trade NFT collections, which led to the boom of NFTs in 2021 and 2022.  However, their trading activity and the hype around NFTs diminished largely in the last couple of

June 12, 2025 2 mins read

Veteran Analyst Peter Brandt Sees Ethereum Poised for Breakout After Triangle Formation

Ethereum has captured the attention of veteran technical analyst Peter Brandt, who suggests the cryptocurrency may be preparing for a major price breakout after months of consolidation. The digital asset recently surged from approximately $2,400 to over $2,700 between June 9 and June 10, continuing its recovery momentum following earlier

June 11, 2025 2 mins read

Ethereum Derivatives Top Bitcoin with $107B Volume Amid ETF Inflows

Ethereum’s derivatives market surged past Bitcoin’s in the last 24 hours, with a trading volume exceeding $107 billion, according to Coinglass data. This 25% daily increase in activity reflects renewed institutional interest, fueled by spot Ethereum exchange-traded funds (ETFs) and a revival in decentralized finance (DeFi). In comparison, Bitcoin derivatives

June 11, 2025 2 mins read

XRPL Sidechain Bridges Ethereum to XRP Ledger in Q2 Launch

Ripple is set to launch an Ethereum-compatible sidechain on the XRP Ledger (XRPL) in Q2 2025, bringing Ethereum’s smart contract capabilities into the XRP ecosystem. The news was announced at the APEX 2025 conference in Singapore by Ripple CTO David Schwartz and product lead Jaazi Cooper. It’s being seen as

June 11, 2025 3 mins read

Wiley Nickel Demands Transparency From US SEC on Ethereum

Representative Wiley Nickel, a Democrat from North Carolina, sent the request straight to US SEC Chair Paul Atkins, calling out the requirement for real transparency. With the agency’s mixed messages and recent legal battles stirring even more confusion in the crypto world, Nickel wants answers on how the SEC came

June 11, 2025 3 mins read

SocGen Launches USD-Pegged Stablecoin on Ethereum and Solana

French banking powerhouse Société Générale, through its crypto subsidiary SG-Forge, has launched a U.S. dollar-pegged stablecoin, USD CoinVertible (USDCV), marking a significant step in institutional crypto adoption across Europe. The announcement, made Tuesday, confirms the stablecoin’s launch on the Ethereum and Solana blockchains, offering new capabilities for 24/7 fiat-to-stablecoin conversions.

June 10, 2025 2 mins read
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