The overall crypto sector has initiated the month with struggles to break resistance beyond last month’s bullish momentum. Leading cryptocurrency Bitcoin is struggling to break resistance at $69K. Parallely, with increased volatility, Ethereum price also struggles to surpass key resistance levels, $3700 and $3800. Notably, the SEC’s approval of
Over the past year, Solana has displayed significant growth, attracting substantial capital inflows and rapidly climbing the market cap rankings. Further, Solana surpassed Binance’s BNB Coin in March, establishing itself as a key competitor to Ethereum. Despite Ethereum maintaining its dominance in the decentralized finance (DeFi) sector, anticipation surrounding the
Ark Invest, the prominent global asset manager, announced on June 1, that it is no longer a partner in the ARK 21Shares spot Ethereum ETFs. The platform stated that 21Shares will be going solo on the Ethereum ETFs. Following this, the SEC released the amended S-1 filings where the ETF
DBS Bank, Singapore’s largest financial institution, has been identified as a major player in the cryptocurrency market, holding nearly $650 million in Ethereum (ETH), according to blockchain analytics firm Nansen. The bank’s ETH holdings amount to 173,700 ETH, highlighting its major involvement in the crypto space. DBS Bank, with assets
The Ethereum ecosystem has witnessed multiple advancements exclusively in the last week. The SEC’s approval of the spot ETH ETF received great interest from the crypto sector worldwide. Ethereum also witnessed a bullish rally which was fueled by the anticipation surrounding ETF approval. Presently, the total value locked on the
Ethereum (ETH) is currently experiencing upward momentum, trading at $3,912 with a notable 4.50% surge and a substantial 78% increase in trading volume. This recent bullish activity follows ETH’s achievement of a ten-week high at $3,949 three days ago. ETH is now consolidating near $3,850 and is poised for an
With volatility creating uncertainties about the price trajectory of cryptocurrencies, the insights of seasoned traders who have studied the market hold significant weight. One such expert, who accurately predicted Ethereum’s all-time high (ATH), has now set his sights on a new DeFi crypto, forecasting a staggering 100x surge. Retik Finance
Ethereum co-founder Vitalik Buterin proposed the first block of the L2 rollup project Taiko, boosting its preparation for the mainnet launch. Buterin highlighted Taiko’s based-rollup approach as a diverse approach. In the block, he left a message: “I’m excited to see that Taiko is launching as a based rollup. Ethereum benefits
Ethereum (ETH) price witnessed an impressive upsurge in the past seven days, instigated by the SEC’s spot ETH ETF approval. As the week draws to a close, with the ETH approval not priced in yet, ETH struggles to surpass the $3,700 mark. Prices hit a monthly high of $3.9K on
The crypto market has experienced some development over the past week, as BTC and ETH prices have surged. After months of anticipation and countless delays, Ethereum ETFs have finally been approved by the U.S. Securities and Exchange Commission (SEC). This regulatory decision adds fuel to the market, a sense of
