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 […]
Waiting Game Continues: Spot Ethereum ETF Launch DELAYED Again! – Coinpedia Fintech News
The SEC has thrown a curveball into the approval process for Ethereum ETFs by returning their S-1 forms to issuers. These spot Ethereum ETFs, which were initially expected to launch next week, will now face further delays as the SEC has requested amendments to the S-1 forms filed by issuers. So…what’s next? Problems with the […]
Bitcoin, Ethereum, Dogecoin Bottom Out As US Government Wallet Sends $240M BTC To Coinbase – Benzinga
Cryptocurrency markets are falling on Wednesday as major governments liquidate their Bitcoin holdings. Cryptocurrency price Profit +/- Bitcoin BTC/USD $60,979.32 -1.7% Ethereum ETH/USD $3,410.19 -0.1% Solana Sol/USD $137.84 -0.7% Dogecoin DOGE/USD $0.1241 -2.9% Shiba Inu SHIB/USD $0.00001737 -3.3% Notable statistics: The Bitcoin Spot ETF reported its first total net inflows in a week, totalling $31 […]
Bloomberg Expert Forecasts Launch of Ethereum ETF in US for July 2nd – The Daily Hodl
A spot market for Ethereum (ETH) ETFs could launch in the United States by early July, according to a Bloomberg exchange-traded fund (ETF) expert. In a new thread on social media platform X, senior ETF analyst Eric Balchunas said: To tell The ETH-based ETF could be approved by July 2nd, as the U.S. Securities and […]
Ethereum ETF update: ProShares steps up with S-1 filing as ETH slides – AMBCrypto News
ProShares has filed an S-1 to launch an Ethereum ETF. The price of ETH continued to fall as the network grew. In recent days, Ethereum [ETH] It fell victim to the bearish sentiment prevailing in the market and witnessed a correction. ETFs are coming down However, financial institutions showed no signs of losing enthusiasm, and […]
Ethereum: Analyzing whether $4.8K is in sight for ETH – AMBCrypto News
The price of Ethereum has fallen by more than 2% over the past seven days. One indicator suggested that ETH price was near the market bottom. Ethereum [ETH] Bears have prevailed over the past week as the token’s price has fallen, but this may be investors’ last chance to accumulate more ETH while prices are […]
Ethereum exodus: Big ETH players gearing up for post-ETF rally? – AMBCrypto News
Following the ETF’s approval, 800,000 ETH (worth $3 billion) was withdrawn from the exchange. Larger and more institutional investors may be positioning themselves for a bullish future. Ethereum [ETH] The market performance has shown remarkable resilience to recent fluctuations, maintaining a stable price level below $4,000 despite minor fluctuations. Over the past week, the value […]