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 […]
Tag: Ethereum
Ethereum Whales Increase Transactions As Price Surges
Ethereum whales have ramped up their activity significantly, with large transactions (each valued over $100,000) hitting the highest levels since March, according to market intelligence platform Intotheblock.ย This surge in whale transactions aligns with Ethereum’s recent price rally, driven by speculations that the chances of $ETH spot ETF approval have […]
Bitcoin And Ethereum Surge Amid High Buy Calls: Analysts Predict New All-Time Highs
Crypto traders are increasingly optimistic as Bitcoin surged above $71K yesterday, and Ethereum climbed to $3,770 for the first time in ten weeks. Amidst this bullish trend, many weak hands may panic sell, but just a touch of FUD could set the stage for a new Bitcoin all-time high. ๐ค […]
Ethereum Sentiment Soars As SEC ETF Approval Nears
Ethereum is experiencing its most bullish crowd sentiment since September, driven by optimism around the SEC’s likely approval of the first Ethereum ETFs and a corresponding price surge. This positive outlook is reflected in several key metrics across the Ethereum network. ๐ #Ethereum is seeing the most #bullish crowd sentiment […]
Ethereum’s Spot ETF Hype Sparks Major Crypto Rally: $PEPE Hits New All-Time High
The anticipation surrounding Ethereum’s first spot ETF has ignited one of the most significant rallies in the cryptocurrency market this year. Over the past 24 hours, several top cryptocurrencies, including $ETH, $UNI, $PEPE, $BONK, and $LDO, have all surged by more than 20%.ย Bitcoin’s leap to $71.4K for the first […]
Ethereum Surges As Market Awaits Spot ETH ETF Approval
Ethereum is dominating the crypto conversation across platforms like X, Discord, Telegram, 4chan, and Bitcoin Talk. The crypto community is eagerly anticipating the SEC’s decision on the first Spot ETH ETF, which could significantly impact the market. Additionally, speculation around Tether could drive a bullish market sentiment. ๐ฃ๏ธ #Ethereum is […]
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 […]
Ethereum Poised For Strong Performance In H2 2024 Despite Early Struggles
Despite Ethereum’s poor performance year-to-date, Coinbase analysis suggests a bullish outlook for the second half of 2024. The potential approval of an ETH SPOT ETF, which has a 30% to 40% chance of passing, is a significant factor.ย Even if the ETF is rejected, there is a high likelihood of […]
Ethereum Transaction Fees Drop As Layer 2 Solutions Gain Traction
Transaction fees on the Ethereum network have reached their lowest point in six months, largely due to the increasing adoption of layer 2 (L2) scaling solutions. In April, L2 projects accounted for a record-breaking 82% of all transactions, signaling a significant shift in how users interact with the blockchain. The […]
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 […]
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 […]
Ethereum Sees Network Growth Amid Market Volatility
Over the weekend, Ethereum experienced a notable rebound, surpassing the $3,200 mark and showcasing significant network expansion. A staggering 196.71K new addresses were generated on the Ethereum network on May 4, 2024, marking the largest single-day surge in address creation since October 8, 2022.ย ๐ #Ethereum rebounded back above $3,200 […]
ETHEREUM PRICE ANALYSIS & PREDICTION (May 6) โ ETH Bears In Disbelief Amid Recovery As It Revisits $3,200 Range With Rejection, Whatโs 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. […]
Ethereum Sees Record Network Growth Amidst Price Volatility
Ethereum, the leading blockchain platform, achieved a significant milestone as April drew to a close. On April 28th and 29th, the network witnessed the creation of 266.6K new wallets, marking the highest two-day surge in network growth since October 8th and 9th, 2022. Despite facing price fluctuations, this robust expansion […]
Bitcoin and Ethereum Show Signs Of Relief Amid Market Turbulence
Bitcoin experienced a significant 6.0% drop in the past 24 hours, sparking fear and uncertainty among traders. However, this dip has also led to discussions about a potential relief rally on the horizon.ย ๐บ After #Bitcoin's -6.0% drop in the past 24 hours, we're starting to see an appealing level […]
Ethereum Faces Resistance At $3,200 Amidst Market Decline
Ethereum encounters a significant barrier at the $3,200 mark, with a substantial number of addresses holding millions of ETH. However, the cryptocurrency is currently experiencing a 5% decline, trading at $3010. #Ethereum faces a brick wall resistance at $3,200, where 2.43 million addresses hold 5.14 million $ETH. pic.twitter.com/44MEA0Xge3 — Ali […]
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 […]
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 […]