Wed, November 6

Ethereum (ETH) Price Sparks Green Candles Amid Market Recovery Signs

The cryptocurrency community, after experiencing a fretful week, has seen signs of market recovery on the horizon. As Bitcoin and other cryptocurrencies begin to exhibit a pause to plummeting prices, the overall market has shown a 4.15% increase in market cap. Leading Altcoin Ethereum showed a price increase of 5.09%

July 9, 2024 2 mins read

VanEck and 21Shares Update S-1 Filings for Spot Ethereum ETF Approval

In order to list and trade shares of a spot Ethereum (ETH) exchange-traded fund (ETF), asset management firms VanEck and 21Shares have updated their S-1 registrations with the US SEC. The firm’s attempts to secure final clearance from the SEC for its Ethereum ETF included filings on July 8 in

July 9, 2024 2 mins read

Will These Ethereum Whale Transfers Lower The Chances of Recovery?

Ethereum, the largest-capped altcoin, marks the slightest recovery back to $3,000 with a minute spike of 1.25% in the last 24 hours. Alongside Bitcoin’s dip to $53.4K, Ethereum bottomed at $2.8K last week, creating a panic in the market.  Mt. Gox and the German Government were among the instigators of

July 8, 2024 2 mins read

Digital Asset Investments Soar as Bitcoin Dominates Amid Price Dip

In the last week, digital asset investment products saw inflows of $441 million, according to a new report from CoinShares. The report from July 8th also mentioned a $398 million influx into Bitcoin investment products. Investors’ purchasing sprees were likely caused by the lower Bitcoin prices, activity from Mt. Gox,

July 8, 2024 1 min read

Did Institutional Transfers Play Major Role in Ethereum’s Downfall?

Amid a challenging bearish market, Ethereum has recently approached a four-month low, dropping from $3,043.58 to $2,826.48 over the past 24 hours. However, there is a tentative recovery with a modest 2% increase noted at the time of writing. One of the most notable developments amid this volatility has been

July 8, 2024 1 min read

Vitalik Buterin Warns of Privacy Challenges Amid EU’s Chat Monitoring Proposal

In response to the EU’s efforts to regulate chats on social media platforms, Vitalik Buterin, co-founder of Ethereum, has spoken out. Vitalik Buterin expressed his satisfaction at the resounding defeat of the European Union’s Chat Control 2.0 plan. He was appreciative of the work of many people and organizations who

July 6, 2024 2 mins read

Grayscale Ethereum Trust Trades at Premium Ahead of Potential Spot Ether ETFs

Before the expected introduction of spot Ethereum exchange-traded funds (ETFs) in the US. The Grayscale Ethereum Trust (ETHE) is no longer trading at a discount to net asset value (NAV).  Data from YCharts shows that on July 3, ETHE, which had traded at a discount for the previous three years,

July 5, 2024 2 mins read

Is Ethereum Heading Into a Bearish Zone This Weekend?

Amid recent market turbulence, Ethereum has struggled to regain its footing after a significant 15% drop below key support levels. The crypto’s price plummeted below the crucial $3,000 mark due to a broader market downturn triggered by BTC. Bitcoin payouts from the Mt. Gox bankruptcy, flooding the market with additional

July 5, 2024 2 mins read

Restaking Protocol Symbiotic Achieves $1B TVL Milestone

In the past month, several cryptocurrency firms hit new milestones in on-chain activity and total value-locked in their ecosystems. In the last 24 hours, Symbiotic, a restaking protocol launched on June 11, 2024, hit a new milestone. Notably, it surpassed $1 billion in TVL within a month of its market

July 4, 2024 2 mins read

Investors’ Anxiety Peaks as Altcoins Plummet to New Lows

The cryptocurrency market experienced a significant bearish trend over the past twenty-four hours, with the overall market cap decreasing by 4.40%. Bitcoin, the largest cryptocurrency, fell by 4%, dropping to a two-month low of $57,043.96, unsettling investors as it led to a broader decline in altcoin prices. Ethereum, the leading

July 4, 2024 2 mins read