Ethereum, the second-largest cryptocurrency, is currently facing bearish pressure after showing signs of bullish dominance. While October brought positive momentum to major cryptocurrencies like Bitcoin and Ethereum, with both breaking key resistance levels at $28,000 and $1,700, respectively, Ethereum has encountered a recent setback, currently trading at $1,637. The unexpected
The continuing battle between cryptocurrency entities and the U.S. Securities and Exchange Commission (SEC) has taken an unexpected twist. Ethereum Futures Exchange-Traded Funds (ETFs) are set to make their debut in the United States, possibly as early as next week, according to Bloomberg analysts. This development comes after a turbulent
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, continues to grapple with bearish pressure as it strives to regain lost ground. On September 21, 2023, ETH initiated a fresh downward trend, sliding below key support levels and reaching a weekly low beneath $1,580. While the digital asset has since attempted
In the past few weeks, Ethereum (ETH), the second largest market capital-holding cryptocurrency, has encountered a challenging environment marked by bearish pressure, setbacks, and negative sentiments from industry luminaries. These factors have contributed to ETH’s decline; while it briefly reached $1666 in September, it could not sustain these gains for
Ethereum, the second-largest cryptocurrency has been on a rollercoaster ride over the past week. Starting with a recovery phase from its five-month low of $1,538 on September 12th, it managed to climb to $1,666 by September 18th. However, a subsequent three-day drop saw its value fall to $1,576. Despite the
Multiple asset management firms are pursuing Ethereum futures Exchange-Traded Funds (ETFs) following the successful approval of Bitcoin futures ETFs by the U.S. Securities and Exchange Commission (SEC). This move reflects a rising tide of optimism surrounding cryptocurrency-based investment vehicles. Grayscale Investments, a renowned investment firm specializing in cryptocurrencies, has resubmitted
One of the major topics of discussion in the crypto world today revolves around the collapsed digital asset exchange FTX, which has received approval from Judge John Dorsey overseeing its bankruptcy proceedings to sell billions in crypto assets. This development allows FTX to proceed with the sale of $3.4 billion
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has faced intense bearish pressure over the past three months, resulting in a consistent downward trajectory. This decline has pushed Ethereum’s price to its lowest point in five months, with the recent month being particularly harsh, witnessing a 15% drop that brought
In the current bearish climate within the crypto world, Ethereum, the second-largest cryptocurrency, has undeniably felt the impact. Over the past 30 days, ETH has experienced a significant 10% decline, and in the last 7 days, it continued to slide with a 5% decrease. Despite a brief surge at the
Ethereum (ETH), the second-largest cryptocurrency, experienced a massive downtrend over the past few weeks, along with the entire crypto market. Despite the recent substantial decline in the crypto market, two wallets have made significant transactions to the major crypto exchange, Coinbase. According to Whale Alert’s data, these transactions are valued
