Wed, November 27

US SEC Delays Decision on Options Linked to Spot Ether ETFs

According to a filing made on October 11th, the US Securities and Exchange Commission (SEC) has once again delayed. Deciding on whether or not an exchange list options linked to spot Ethereum ETFs. According to the filing, the SEC has postponed deciding on a rule change proposal. That would allow

October 12, 2024 2 mins read

Scroll’s Binance Listing Sparks Decentralization Debate in Crypto Community

The recent listing of the Ethereum layer-2 project Scroll on the centralized crypto exchange Binance has sparked a discussion over centralization within the crypto community. Although some saw the listing—announced on October 11—as aligning with centralized corporations, others saw it as having the ability to increase growth. There were voices

October 12, 2024 2 mins read

Bullish Trends Revisit the Crypto Market After CPI Release

After a week marked by mixed sentiments, the cryptocurrency market has bounced back positively, particularly following the release of the Consumer Price Index (CPI) data for September. The CPI rose by 0.2%, while the core CPI increased by 0.3%, both exceeding expectations. This data has led analysts to believe that

October 12, 2024 2 mins read

Are Bulls Ready to Drive Ethereum (ETH) to $2,500?

Ethereum is currently trading at $2,463.82, marking a 2.13% increase over the past day. Despite this upward momentum, trading volumes decreased by 16.84%, reflecting a drop to $12.53 billion. Ethereum’s market cap now sits at $296.6 billion, contributing to the broader crypto market’s recent recovery. A trader bought 8.41 billion

October 12, 2024 2 mins read

Is Ethereum (ETH) on the Brink of Falling Under $2.4K?

The altcoin market has shown mixed signals from the start of the week. Ethereum (ETH), the largest altcoin, is grappling to sustain itself in the $2.5K mark. The asset’s price has been caught between the key support and resistance levels. Notably, ETH witnessed several price dips in the past few

October 11, 2024 2 mins read

UNI Token Hits 3-Month High After Uniswap’s Unichain Launch

The governance token of the Uniswap decentralized exchange has surpassed the global crypto market by recording the highest gains on October 11. According to the CMC, UNI has climbed 19.21% over the past 37 hours following the launch of its layer-2 network, Unichain. The price of UNI rose from a

October 11, 2024 2 mins read

Why is the Largest Altcoin Ethereum (ETH) Losing Ground?

Ethereum (ETH), the largest altcoin by market cap, continues to underperform in the crypto market. The cryptocurrency has been in a steady downtrend since falling below $3,400 on June 23. The much-anticipated “Uptober” has also disappointed ETH holders, with the altcoin hitting a monthly low and facing growing selling pressure.

October 10, 2024 2 mins read

Ethereum’s Tightrope: Analyzing ETH’s Price Dynamics and Support Levels

Ethereum (ETH) finds itself navigating turbulent waters as its price experiences a notable decline, raising concerns about the sustainability of key support levels. Currently trading at the $2,400 level, ETH has recorded a 2% drop in the past 24 hours and a more substantial 4% decrease over the past week.

October 8, 2024 2 mins read

Ethereum (ETH) Struggles to Break $2.5K Amid Bearish Dominance

Ethereum’s price oscillation over the past few days has left traders anxious due to eminent volatility. Several crypto analysts anticipate that the ETH price might recover with the influx of October.  The ETH price is at a critical juncture as it hovers near strong resistance and support levels. The largest

October 8, 2024 2 mins read