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Tag: Ethereum

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Ethereum ETF Caught Between Hype and Pessimism After Latest Delay

In Brief Skepticism about the spot ETF delay led Ethereum-related investments to reach its lowest since August 2022. Exposure to ETH leveraged positions continues to rise, according to a recent research. ETH’s price may decrease to $3,190 as a sell-wall appears between $3,290 and $3,386. Contrary to previous anticipation and predictions, the several spot Ethereum…
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Ethereum Name Service (ENS) Price Rise Halts as Market Cap Nears

In Brief ENS price has marked a 7% decline in the last 24 hours, trading at $24.8. About $144 million of profits have been lost due to the sharp fall. ENS market top has been formed every time the profitable supply exceeds 90%. Ethereum Name Service (ENS) price has painted a red candlestick on the…
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Ethereum ETFs Set to Attract $569 Million Monthly, Researcher Predicts

In Brief Ethereum spot ETFs are pending SEC approval of the S-1 filing registration statements. Analysts believe ETFs might attract significant investments, boosting the price of ETH. Researcher Bobby Banzai predicts these ETFs could see inflows of $569 million per month.   The US Securities and Exchange Commission (SEC) approving Ethereum spot ETFs was a…
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Spot Ethereum ETFs Approved: SEC Gives Green Light to 8 Funds

In Brief SEC approves 8 spot Ethereum ETFs, including BlackRock and Fidelity. However, the issuers need further approval for S-1 registration. Experts argue political pressure likely influenced the SEC’s decision. In a landmark decision, the US SEC has approved eight spot Ethereum (ETH) exchange-traded funds ETFs, including those from BlackRock and Fidelity. This approval follows…
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Ethernity Launches Ethereum Layer-2 Network with AI Integration

In Brief Ethernity transitions to Ethereum Layer-2 with AI for security. Layer-2 targets entertainment with eco-friendly infrastructure. New projects like Fanable App and Exorians on Layer-2. Ethernity is a platform that offers authenticated and licensed NFTs featuring well-known figures such as Lionel Messi and Shaquille O’Neal. It has announced a Layer-2 solution on the Ethereum…
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Nearly $2.4 Billion in Bitcoin and Ethereum Options Expire Today: What to Expect?

In Brief Bitcoin and Ethereum options face expiry, with notional values of $1.39 billion and $1 billion, respectively. Bitcoin’s current maximum pain point is $61,000, highlighting a key level that traders should be aware of. Although market volatility expectations are high, the impact of options expiry is generally short-lived. Friday has come, which means it’s…
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Can Ethereum (ETH) Price Rise to $4,000 in May?

In Brief Ethereum’s price is looking to break out of a descending wedge, which targets the rise at $4,000. The unrealized profits of ETH holders show that there is still considerable optimism among investors. ETH whales are also actively conducting transactions on the network, which could keep the liquidity high. Ethereum (ETH) price is noting a sharp…
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Spot Bitcoin and Ethereum ETFs Debut in Hong Kong: Will It Outpace Its US Counterpart?

In Brief Six new spot Bitcoin and Ethereum ETFs starts its debut on the Hong Kong Stock Exchange (HKEX). The ETFs are available in HKD, USD, and RMB, with promising opening prices and innovative features. Industry experts express optimism about Hong Kong’s future as a crypto-friendly financial hub. Hong Kong has made a significant stride…
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Ripple leaders forecast SEC defeat in Ethereum security saga

The US SEC has stepped up its scrutiny of Ethereum, inadvertently uniting the crypto community against it. Ripple CEO Brad Garlinghouse said the US Securities and Exchange Commission (SEC) would lose its war against Ethereum. In a March 22 post on social media platform X (formerly Twitter), Garlinghouse pointed out that the financial regulator lost its securities classification battle against his…
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Shiba Inu’s Silent Rise: Outshining Bitcoin and Ethereum

In Brief Since the beginnig of th eyear, Bitcoin and Ethereum have emerged as some of the best-performing digital assets. However, Shiba Inu’s SHIB token has outperformed both Bitcoin and Ethereum in the ongoing crypto market rally. Notably, this surge occurs amid Shibarium witnessing a record number of transactions exceeding 412 million. Shiba Inu has…
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