Wed, November 6

Will Ethereum (ETH) Drop Further Amid the Bearish Trend?

As in the mid of August, Ethereum (ETH), has witnessed significant bearish momentum over the past weeks. This largest altcoin struggles to break through the oscillating price range and chooses to consolidate within $2,600-2,700.  Last week on August 5, ETH declined to its seven-month low at the $2.1K range. Gradually,

August 16, 2024 2 mins read

Can Ethereum Reverse Its Decline Amidst Heavy Selling?

Ethereum has been under significant bearish pressure over the past two weeks, with the cryptocurrency hitting a seven-month low of $2,111 recently. Despite a brief recovery, Ethereum’s price currently stands at $2,640, marking a 4% decline amid decreasing trading volume. The second-largest cryptocurrency continues to face intense selling pressure. The

August 15, 2024 2 mins read

Ethereum Climbs 5% Despite Major Sell-Off Preparations

As the crypto market regains momentum, attention is drawn to the upcoming US election, which will have a huge impact on digital assets. Ethereum (ETH), the second-largest cryptocurrency by market cap, has climbed more than 5% in the past 24 hours, trading above the $2,750 zone. This surge comes at

August 14, 2024 2 mins read

Upbit Officially Lists Aethir (ATH) on KRW and BTC Markets

South Korea’s largest cryptocurrency exchange, Upbit, has officially announced listing Aethir (ATH) on its KRW and BTC markets. Aethir is a decentralized cloud computing project, targeting the rising computational demands of AI and gaming. Aethir’s cloud computing approach positions it as a key player in these sectors. The Aethir network

August 14, 2024 2 mins read

PayPal’s PYUSD Stablecoin Supply on Solana Exceeds Ethereum

PayPal’s U.S. dollar-pegged stablecoin, PYUSD, has seen significant expansion since its inception, with its supply on Solana now exceeding that on Ethereum.  In August 2023, PYUSD launched on Ethereum in partnership with custodian Paxos, and its initial supply grew to $230 million by the end of the year. Due to

August 13, 2024 2 mins read

U.S Spot Ethereum ETFs See $4.9M Inflows, Ending 3-day Outflow Streak

On Monday, $4.9 million poured into U.S. spot Ethereum ETFs, while the Grayscale Ethereum Trust (ETHE) witnessed its first day of trading with zero flows since converting into an ETF. After three days of negative flows, the net inflows of the nine ether ETFs was recorded, according to statistics from

August 13, 2024 1 min read

Ethereum Price Struggles to Surpass $2.6K Amid Whale Selloffs

Leading altcoin Ethereum has witnessed several whale movements in the past 24 hours. While the token’s price has consolidated at the $2.6K level, particular community members were observed selling ETH tokens. Meanwhile, the overall cryptocurrency market has shown positive momentum with Bitcoin and other altcoins showing modest price increases.  Notably,

August 13, 2024 2 mins read

Ethereum ETPs Dominate as Institutional Investors Make a Comeback

After the market crash on August 5, institutional investors poured capital back into cryptocurrency funds, and Ethereum exchange-traded products were their first pick. For the week ending August 11, crypto asset investment products saw inflows totaling $176 million, according to the Digital Asset Funds Weekly Report issued on August 12

August 13, 2024 1 min read

Spot ETH ETFs Record First Positive Weekly Inflows Amid Price Struggles

US spot Ethereum ETFs after the July 23 launch were expected to draw significant inflows similar to the spot Bitcoin ETFs. The digital assets failed to meet analysts’ expectations as it witnessed mounting outflows following its initial launch day. However, the past week has witnessed for the first time weekly

August 12, 2024 2 mins read