Leading altcoin, Ethereum experienced the spotlight with the launch of its spot ETH ETFs in July. The token was expected to rally with price breakouts, but contrary to market expectations, ETH did not show notable surges. In the last 24 hours, a smart money wallet, known for its 100% win
The crypto market exhibits a bearish sentiment followed by the unchanged Fed rate. Bitcoin has dropped by 3%, and the largest altcoin, Ethereum, recorded a similar downside price action by falling over 3.70%. A low has formed near $3,136, indicating a negative outlook. The price drop of ETH can also
The beginning of August has witnessed a sharp intraday price decline in the leading altcoin, Ethereum. The token depicted a 4.50% decline in the last 24 hours and slid back to the $3,100 level. Notably, leading digital asset firm, Galaxy Digital showed ETH movements in the past few hours. According
In the latest development, an Ethereum ICO participant emerged from a nine-year slumber on Tuesday, moving a substantial portion of their investment to a new wallet. The early investor’s reappearance coincides with the Ethereum network’s ninth birthday, marking a significant milestone for the cryptocurrency. Initial coin offerings (ICOs) differ from
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
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
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
Vitalik Buterin has firmly rejected claims that Ethereum’s research team is embracing centralization, responding to concerns raised by Péter Szilágyi, head of the Ethereum development team. Szilágyi had expressed worries about the direction of Ethereum’s development, particularly regarding the proposed PeerDAS upgrade. At the recent Foundation research workshop, Buterin emphasized
The overall crypto market in the last 24 hours showed modest hikes in prices. Leading cryptocurrencies such as Bitcoin and other altcoins showed price increases over the past day. Particularly, the leading altcoin Ethereum factored to a slight increase of 2.49% in its market price. The ETH token has seen
The crypto market was anticipating the spot Ether ETF launch to bring in a bull run for Ethereum; however, the bears took control over the bulls and pushed the price below $3.4K. Whereas, Bitcoin’s price jumped to new highs after three months of its Spot ETF launch. How long will
