Wed, November 6

Galaxy Digital Accumulates ETH Amid the Token Price Dips

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

August 1, 2024 2 mins read

Ethereum ICO Participant Awakens After 9 Years, Moves ETH on Network’s 9th Birthday

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

July 30, 2024 2 mins read

Will ETH Price Move High as Ethereum Turns Nine?

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

July 30, 2024 2 mins read

Ethereum (ETH) Price Faces Bearish Pressure as Demand Wanes and Whales Dump Holdings

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

July 30, 2024 2 mins read

Ethereum Staking Witnesses Substantial Uptick Amid Spot Ether ETF Wave

More than 28 percent of Ethereum (ETH) has been staked, marking a significant milestone. Glassnode and Cryptoquant.com reports that 28% of the entire ETH is now staked. There is a scarcity signalling around 10% of Ethereum volume on crypto exchanges. According to Leon Waidmann, Head of Research at the non-profit

July 29, 2024 2 mins read

21Shares Integrates Chainlink’s PoR for Enhanced Transparency of Ether ETF

To improve transparency regarding Ethereum reserves supporting the 21Shares Core Ethereum ETF (CETH), 21Shares U.S. LLC, an affiliate of 21Shares AG, has integrated Chainlink’s Proof of Reserve on the Ethereum mainnet. This also affirms CETH as a legitimate holder of Ether. 21Shares selected Chainlink as its decentralized computing platform because

July 29, 2024 2 mins read

Will Ethereum Price Surpass the $3.5K Level Post Consolidation Phase?

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

July 29, 2024 2 mins read

Is Ethereum’s Research Team Embracing Centralization?

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

July 27, 2024 2 mins read

Spot Ethereum ETF Witnesses Massive Outflows, Led by Grayscale’s ETHE

The Grayscale Ethereum Trust ETF (ETHE) has hit a record net outflow of $1.514 billion, which is a startling trend in the crypto market. The entire result is bolstered by a notable net outflow of $356 million on July 26, which highlights this development. Data from SoSoValue shows that Spot

July 27, 2024 1 min read