Ethereum ETF countdown: Bitwise CIO sees 'birth of a new asset class' – CNBC
Wall Street is bracing for a new set of cryptocurrency exchange-traded funds: Ethereum. Pending approval from the U.S. Securities and Exchange Commission, a spot Ethereum ETF could hit the market as early as this week, and Bitwise Asset Management’s Matthew Hogan plans to get in on the action. “This is kind of the birth of […]
Ethereum rebounds, whales scoop ETH: Will the ETF approval boost gains? – AMBCrypto News
Ethereum whales have been buying aggressively, with recent large transactions signaling renewed confidence. Anticipation of an Ethereum ETF approval has prompted large inflows from institutional investors, signaling bullish sentiment. Ethereum [ETH] The price increase sparked increased activity among large holders of the cryptocurrency, commonly known as whales. After a week of downward trend, ETH price […]
Ethereum steadies above $3k amid ETF buzz: A turnaround in sight? – AMBCrypto News
Ethereum strengthened its recovery trajectory with price fluctuations indicating seller exhaustion. Bullish speculators are hoping the debut of a U.S.-based spot Ethereum ETF will spur a bullish reversal. Ethereum [ETH] Ethereum traded higher on July 9 after an eventful day the previous day, which saw the proposed issuer of a U.S. spot Ethereum exchange-traded fund […]
Ethereum: How whales failed to reverse ETH's bearish trend – AMBCrypto News
Most short-term traders have experienced losses and will try to liquidate their positions if the price spikes. The $2.8k level is likely to re-emerge as support, but it remains to be seen whether the bulls can hold on beyond that. Ethereum [ETH] Exchange inflows recently reversed, turning significantly negative in June, but this did not […]
Ethereum sellers return after brief break: ETH to $2,800 next? – AMBCrypto News
The sellers have taken control of the Ethereum price trend, suggesting that the price may sink below $3,000. The daily realised cap has fallen, suggesting that market confidence may be eroded if this trend continues. Ethereum Price [ETH] A drop below $3,000 for the second time in the space of a few days is at […]
Ethereum ETFs Set to Launch: A Sidekick to Bitcoin ETFs? – TipRanks.com – TipRanks
The long-awaited spot Ethereum (ETH-USD) U.S. ETFs have been the talk of the crypto community, but these new ETFs may not live up to the lofty expectations set by the Bitcoin ETF. Bloomberg According to analyst Eric Balchunas, an Ethereum ETF could become a “sidekick” to the already established Bitcoin ETF, similar to Robin to […]
Crypto Liquidations Top $200 Million as Ethereum, Bitcoin Fall – Decrypt
Cryptocurrency market liquidations surged to a one-week high on Wednesday as the price of Bitcoin fell below $60,000. Over 74,000 traders lost $208 million in the past 24 hours. Coin Glass The data shows. Most of that – about $184 million – hit investors who had held long positions betting that prices would rise. The […]
Bloomberg ETF Expert Moves Estimated Ethereum ETF Approval Date Following New SEC Comments – The Daily Hodl
Bloomberg exchange-traded fund (ETF) experts are delaying the expected approval date for a spot-market Ethereum (ETH) ETF following recent comments from the U.S. Securities and Exchange Commission (SEC). In a new thread on the social media platform X, Bloomberg ETF specialist Eric Balchunas said: To tell The spot ETH ETF likely won’t be approved until […]
Crypto: Ethereum Gas Fees Plummet, But At What Cost To The Network? – Cointribune EN
2:00 p.m. Four Takes a few minutes to read ▪ Luc Jose A. On June 30, 2024, a historic milestone was reached for Ethereum: the network recorded the lowest gas fees since 2016, news that sends seismic shock waves through the crypto ecosystem. This unexpected phenomenon occurred in the context of high transaction activity, redefining […]
Ethereum gas fees drop: Can the network broaden its appeal? – crypto.news
Ethereum (ETH) recorded its lowest average gas fee since November 2016. According to Dune Analytics: dataOn June 30, the average gas price fell to just 3 gwei (equivalent to $0.14). Notably, 9 of the 10 cheapest hours of gas prices occurred last week. Gas fees are essential to the Ethereum network. They cover the costs […]