In recent times, Ethereum whales have been making significant moves in the market, as evidenced by on-chain data indicating heavy accumulation of the second-largest crypto token by market cap. Despite a decline in ETH’s price, these investors have been actively buying up large amounts of the cryptocurrency. Data from the market intelligence platform IntoTheBlock reveals
Ethereum
Dalmas Ngetich, a notable crypto reporter, has made significant contributions to the industry with his unique perspective and extensive experience. With a background in mechanical engineering and over a decade of journalism experience, he has crafted a plethora of news and feature articles, showcasing his expertise in NFTs, blockchain, DeFi, and other relevant topics. His
The recent introduction of Ethereum ETFs into the market has sparked excitement among industry experts and enthusiasts alike. This development is seen as a significant milestone for Ethereum and other altcoins, with many speculating on how it will affect Ethereum’s price action in the coming months. Renowned crypto analyst Doctor Profit has made a bold
Recent data from CoinShares reveals that Ethereum (ETH) experienced a surge in inflows last week, outpacing Solana’s (SOL) inflows for the year 2024. This increase in investment coincided with the upcoming launch of exchange-traded funds (ETFs) that will enable regulated investment in the US for the second-largest cryptocurrency by market capitalization. Ethereum recorded inflows of
The Chicago Board Options Exchange (CBOE) has officially announced the launch date for Spot Ethereum ETFs, setting the stage for five new ETFs to enter the cryptocurrency market. The CBOE’s notification on July 19 revealed that trading for the five Spot ETH ETFs is scheduled to commence on July 23, 2024, pending regulatory approval. This
The volume of ETH derivatives indicates a lack of confidence among investors in the upcoming Spot Ethereum ETFs. Despite the imminent launch of these funds, the fixed-month contracts annualized premium for Ethereum is only at 11%, which is relatively low. This suggests that crypto traders are not as bullish on ETH’s price as one might
With the highly anticipated launch of spot Ethereum ETFs on the horizon, industry experts are weighing in on the potential impact these ETFs could have on the price of Ethereum. Matt Hougan, Chief Investment Officer of Bitwise, is among those who believe that the introduction of spot Ethereum ETFs could drive the price of Ethereum
Recently, Ethereum (ETH) has seen an uptick in its price within the last 24 hours. The reason behind this surge is the anticipation of the launch of Spot Ethereum ETFs in the near future. This development has sparked optimism among investors regarding the potential impact on the price of ETH. According to Bloomberg analyst Eric
Cryptocurrency analyst Linda has recently made a bold prediction regarding Ethereum (ETH), suggesting that the popular altcoin could potentially reach $4,000 in the near future. This prediction is based on a variety of factors that Linda has carefully analyzed and considered. One of the key factors that Linda points to as a potential catalyst for
Justin Sun, the well-known founder of Tron, a decentralized blockchain-based operating system, has recently made headlines for his substantial investment in Ethereum (ETH). Spot On Chain, an AI-driven on-chain analytics platform, revealed that Sun had purchased 1,614 ETH tokens at a price of approximately $3,097 per ETH, totaling $5 million. This latest transaction adds to
A recent prediction by a crypto analyst suggests that Ethereum (ETH) could potentially surge to new all-time highs, specifically targeting the $8,000 price mark. While this forecast may seem optimistic, it is important to critically analyze the key conditions that need to be fulfilled for Ethereum to achieve this ambitious price target. Roadblocks Ahead The
Recent on-chain data has revealed a significant transfer of 11,215 ETH ($34.3 million) by an Ethereum whale to the crypto exchange Coinbase. This transaction has sparked fear and panic among community members, as such a large transfer could potentially indicate that the whale is looking to offload their holdings. The magnitude of this transaction suggests
Semilore Faleti is a prominent figure in the world of cryptocurrency journalism and content creation. With a focus on blockchain technology and digital assets, Semilore has demonstrated a deep understanding of the complexities and intricacies of the crypto space. His work is dedicated to educating and informing his audience about the latest trends and developments
The recent turmoil in the cryptocurrency market, especially in Ethereum (ETH), has caused a significant drop in its value, with a nearly 15% decrease over the past week. Adding fuel to the fire, renowned economist Peter Schiff has made a gloomy prediction for ETH, suggesting that it could crash to as low as $1,500. This