Semilore Faleti is a prominent figure in the field of cryptocurrency journalism and content creation. With a background in writing on various subjects, Semilore discovered his passion for unraveling the complexities of blockchains and cryptocurrencies. His dedication to promoting the adoption of digital assets stems from his belief in their potential to enhance the efficiency
Ethereum
The recent launch of Spot Ethereum ETFs has had an unexpected impact on the price of ETH, leading to a continued struggle for the second-largest cryptocurrency by market cap. Despite initial excitement in the market, investors have witnessed a decline of around 10% in the value of ETH since the trading of Spot Ethereum ETFs
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
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
