Tag: Ethereum

Crypto, News

SEC Approves Ethereum ETFs Amid Speculation And Market Movements

The U.S. Securities and Exchange Commission (SEC) has approved Form 19b-4 for eight Ethereum ETF issuers, including financial giants BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy, and Franklin Templeton. While this approval is a significant milestone, these issuers must still have their S-1 registration statements go effective before trading […]

Market Analysis

ETHEREUM PRICE ANALYSIS & PREDICTION (May 20) โ€“ ETH Faces Key Resistance Line After A Week Recovery, Can It Breakthrough?

Ethereum ETH continued to lag but has managed to post a double-digit gain in a week, increasing significantly above the key $3k level. It retraced slightly due to a rejection but is now bouncing back following 2% gains. After re-establishing support at the $2,860 level last week, ETH regained strength […]

Market Analysis

ETHEREUM PRICE ANALYSIS & PREDICTION (May 13) โ€“ ETH Faces Resistance At $3k Following Latest Surge, Will It Overcome?

Ethereum ETH appeared to have found firm support as it failed to advance bearishness over the past month. It remained stagnant for days but is now showing signs of strength following a 1% gain since yesterday. Rolling back under the crucial $3,000 level last week, Ethereum became weaker and looks […]

Crypto, News

Ethereum’s Performance Diverges From Bitcoin Amidst Weak Capital Rotation Trend

Throughout the 2023-23 cycle, a notable discrepancy has emerged in the performance of Ethereum compared to Bitcoin. While Bitcoin has demonstrated resilience and maintained its price stability, Ethereum has experienced weaker price performance.ย  There has been a growing divergence in performance between #Bitcoin and #Ethereum during the 2023-23 cycle thus […]

Market Analysis

ETHEREUM PRICE ANALYSIS & PREDICTION (May 6) โ€“ ETH Bears In Disbelief Amid Recovery As It Revisits $3,200 Range With Rejection, Whatโ€™s Next?

After dipping below $3k last month, Ethereum found support and climbed back significantly. While the bears are still in disbelief, it continued to show signs of strength but the price is still down 3% on a weekly scale. Last Wednesday, Ethereum traded as low as $2,817 following weeks of crackdown. […]

Market Analysis

ETHEREUM PRICE ANALYSIS & PREDICTION (April 29) โ€“ ETH Encounters Resistance After Days Of Recovery, Signals Sell

After witnessing a two-week bounce from the monthly low, Ethereum ETH encountered resistance yesterday and initiated a drop. Losing grip above $3,200, the price is currently down 4%, looking weak on the day. Ethereum started the second quarter with a loss but has seen a nice recovery in the past […]

Crypto, News

Ethereum Faces Uncertainty Amid SEC’s Rumored Rejection Of Spot ETF Proposals

Ethereum has become the focal point of discussion within the cryptocurrency community, with traders closely following reports speculating on the SEC’s intentions to reject spot Ethereum ETF proposals in May.ย  This development comes after the approval of spot Bitcoin ETFs on January 11, 2024, and the much-anticipated Bitcoin halving event […]