Wed, November 6

Ethereum’s Surge: Analyzing ETH’s Path to $3,000

Ethereum finds itself at a critical juncture as the broader cryptocurrency market experiences a resurgence, with the total market capitalization dropping to $2.08 trillion from $2.14 trillion. This drop has pulled Bitcoin back above and below the $58,000 level from the $61,000 mark. Ethereum has followed suit with a gain,

August 20, 2024 1 min read

Will Ethereum Upward Momentum Drive It to $3000?

In the last 24 hours, the Ethereum (ETH) price has climbed over 4%, rising from a low of $2,566 to a high of $2,695, which has sparked optimism among investors. After a week of consolidation, the second-largest cryptocurrency finally broke through the $2,500 resistance zone.  At the time of writing,

August 20, 2024 2 mins read

Ethereum Gas Fees Hit Five-Year Low Raising Supply Concerns

While ETH prices are struggling, the gas fee for Ethereum has lately dropped to its lowest point in five years. Kaiko recently highlighted the decline and what it may mean for the price of the cryptocurrency. Despite the launch of Spot Ether ETF trading in the US, the second biggest

August 19, 2024 2 mins read

Bitcoin Shorts Volume on Exchanges Surge Amid Ongoing Volatility

The rapid increase in Bitcoin short positions met with a resounding rejection of Sunday’s effort by the price of Bitcoin to break out over $60,000 levels. Bitcoin shorts were active across many exchanges as soon as the price rose above $60,000. 24-hour short volumes surged 118% to over $18.30 billion.

August 19, 2024 1 min read

Crypto Investment Products Record Inflow of $30 Million Last Week

A small but steady $30 million poured into digital asset investment products during the last week. This small number, however, masks a large variation between assets and geographies. Looking at the flows by geography reveals a lot of variation; the United States, Canada, and Brazil all had inflows of $62

August 19, 2024 2 mins read

Ethereum Stagnates at $2.6K Despite Attempts to Surpass Resistance

The crypto market begins the week on a bearish note, with the overall market cap showing a 0.73% decline. While the token’s daily trading volume surged by 35.46%, leading cryptocurrencies showed daily declines.  The largest cryptocurrency, Bitcoin, recorded a price reduction of 3.08% and slid to the $58K level. Leading

August 19, 2024 2 mins read

Vitalik Buterin Fuels Privacy Revolution with 400 ETH to Railgun

Ethereum co-founder Vitalik Buterin has recently made headlines by transferring 400 ETH (approximately $1.05 million) to Railgun, a crypto mixer known for its privacy-enhancing features. This significant transaction highlights Buterin’s support for privacy in the cryptocurrency space and underscores Railgun’s growing prominence. Furthermore, Buterin has previously advocated for the crypto

August 19, 2024 2 mins read

Franklin Templeton Files for Crypto Index ETF with the U.S SEC

According to a filing made on August 16 with the U.S SEC, asset manager Franklin Templeton is planning to introduce a new exchange-traded fund (ETF) that would serve as a comprehensive cryptocurrency portfolio. According to the paperwork, the Franklin Crypto Index ETF will follow the CF Institutional Digital Asset Index’s.

August 17, 2024 2 mins read

U.S Spot Ethereum ETFs See $39.2 Million Net Outflows

On Thursday, spot bitcoin ETFs had inflows of $11.1 million, while U.S. spot ether ETFs witnessed net outflows of $39.2 million. The $42.5 million that left Grayscale’s ETHE fund shows that outflows have persisted. Thursday marked the end of a three-day positive flow run for U.S. spot Ethereum exchange-traded funds,

August 16, 2024 1 min read