Wed, November 6

SEC Commissioners’ Stance Fuels Debate on Staking for Spot Ethereum ETFs

Concerns over ETH staking are among the most contentious aspects of the upcoming spot Ethereum ETF. Among the most significant compromises that authorized issuers have been forced to make is to abandon their intentions for Ethereum staking. Commissioner Hester Peirce of the SEC has recently reignited optimism for the product,

July 17, 2024 1 min read

Arbitrum (ARB) Breaks Above Crucial Level Signaling Positive Trend

While the global crypto market turns green, the notable layer 2 player Arbitrum (ARB) has captured attention with a 15% price increase over the past week. At the time of writing, ARB was priced at $0.76 with a market cap of $2.46 billion.  This surge has propelled Arbitrum into an

July 17, 2024 1 min read

Ethereum Whales Accumulate ETH in Anticipation of ETF Launch

The upcoming launch of spot Ether (ETH) exchange-traded funds (ETFs) in the U.S., expected next week, is projected to push ETH prices to new highs. Ethereum whales have been accumulating ETH in anticipation of the ETF launch. Wallets holding at least 0.1% of the total supply have shown a consistently

July 17, 2024 2 mins read

Can Ethereum Maintain Momentum with Rising Open Interest?

Ethereum (ETH) futures have seen a significant surge in open interest, reaching $14.18 billion, marking a 3.98% increase within the last 24 hours. This uptick reflects a sharp rise in trading activity, suggesting a growing bullish sentiment among traders toward Ethereum. Since the start of this week, Ethereum has displayed

July 17, 2024 2 mins read

Ava Protocol Launches Mainnet on Ethereum as EigenLayer AVS for Smart Contract Automation

Ava Protocol, a Web3 infrastructure project, has announced its mainnet launch on Ethereum as an EigenLayer AVS for smart contract automation. With extensive compatibility across the EVM ecosystem, this milestone enables developers to effortlessly include Ava Protocol’s boosted transaction automation, privacy, composability, and cost-efficiency into their dapps and projects. The event-driven

July 16, 2024 3 mins read

Will Ethereum Break the Pattern After the Spot ETH ETF Launch?  

After enduring innumerable support and resistance, Ethereum’s price bounced back and sustained itself within the price range of $3.3K. Over the past 24 hours, the price of ETH has spiked by 2.38%. The upcoming ETF launch triggering anticipation among the community catalyzes the current bullish sentiment of ETH.  Notably, the

July 16, 2024 2 mins read

Spot Ethereum ETFs to Launch Next Tuesday Ending Excruciating Waits

The crypto market welcomed the update that spot Ethereum ETFs will be launched next week on July 23. Several sources including Reuters have confirmed that the SEC might allow trading of the ETFs next Tuesday. This recent update has caused a positive price rally in Ethereum as it regains its

July 16, 2024 2 mins read

Ethereum Breaks $3.3K Barrier Ahead of Spot ETF Launch

Ethereum (ETH) is in a brief bullish swing. Over the past 24 hours, after a 4.71% spike, the second-largest cryptocurrency marked a high of $3,373. This surge comes alongside Bitcoin’s recoup of over 4% to $63.2K.  ETH crossed the $3.3K threshold amid this week’s highly anticipated spot ETH ETFs (exchange-traded

July 15, 2024 2 mins read

Ethereum Hits $3.3K with ETF Approval Expected This Week

The global cryptocurrency community is buzzing with excitement as Nate Geraci, president of the ETF Store, predicts the imminent approval of spot Ethereum exchange-traded funds (ETFs). This anticipation has significantly influenced Ether’s market performance, ETH has climbed over the $3,300 zone. Currently, Ethereum (ETH) is trading at $3,348, reflecting a

July 15, 2024 2 mins read