BlackRock Inc., a trillion dollar asset manager, has once again prompted widespread market optimism with a filing that may be a prelude to the company’s first Ethereum spot Exchange Traded Fund (ETF) product’s formal application to debut. The newest filing, known as the iShares Ethereum Trust, was submitted to the
Ethereum, the second-largest cryptocurrency, just hours ago reached a four-month high of $1,929, breaking the key resistance level of $1,900. At present, it is trading at $1,919, reflecting a 3% gain over the past 24 hours. Data from IntoBlockchain indicates that Ethereum remains in a “mostly bullish” position, with strong
Bluntz, a well-known crypto analyst and trader who accurately predicted Bitcoin’s price bottom in 2018, has predicted that Ethereum would have a significant climb in the coming months. The expert has made an optimistic prediction and observation on ETH. The analyst published a graphic on Twitter predicting a surge in
When comparing the blockchains with the highest total value locked (TVL) in DeFi, Ethereum, the leading altcoin and smart contract platform, had its TVL drop by 0.25%, to $24.05 billion, but it still leads the pack. Moreover, according to CoinShares’ most recent weekly report, $767 million has flowed into digital
Polygon, a prominent blockchain network, has been making waves with its recent network updates and the impressive performance of its native token, MATIC. Polygon zkEVM which is a Zero-knowledge Ethereum Virtual Machine Beta hit a significant milestone with seven million transactions in a single day over the weekend. And just
Ethereum, the second-largest cryptocurrency by market capitalization, is experiencing some challenges in maintaining its recent bullish momentum. ETH bulls reemerged in the final week of October, propelling the price to reach a four-month high of $1,912 yesterday. However, over the past 24 hours, Ethereum has encountered high volatility, resulting in
Yuga Labs, the company behind the Bored Ape Yacht Club NFT project, has announced a partnership with Magic Eden, a major multi-chain NFT marketplace. The collaboration is geared towards the introduction of a new Ethereum-based marketplace that promises to maintain creator royalties on all purchases of NFTs. Notably, this platform
The renowned analytics firm Santiment expects that the following week will be pivotal for the crypto sector, and may signal the beginning of a bull run if prices decouple from their current association with stock markets. It will clear any doubts whether the cryptocurrency market is still linked to the
Ethereum (ETH) has broken free from its bearish trap, surging above the $1,860 resistance level on November 2, and climbing to an 86-day peak. This bullish momentum has sparked fervor among investors trading ETH derivatives, and a key catalyst behind this newfound enthusiasm may well be the widespread anticipation surrounding
Vitalik Buterin, co-founder of Ethereum, recently sent 100 ETH to Coinbase, according to the on-chain analytics platform Spot on Chain. Buterin continues sending Ethereum to Coinbase as this is not the first transfer so far this year. 🚨 @VitalikButerin deposited 100 $ETH ($181K) to #Coinbase ~2hrs ago. Notably, since Sep
