Zurich Cantonal Bank, one of the leading Swiss financial institutions, recently made waves in the crypto world by launching Bitcoin (BTC) and Ethereum (ETH) trading services on September 4, 2024. This move signifies a significant step towards integrating digital assets into traditional banking services. With total assets under management amounting to $235 billion, Zurich Cantonal
Ethereum
Ethereum, one of the top cryptocurrencies by market cap, has been facing a bearish movement recently, leading to a drop in its price. This downward trend has left many investors in the red and has raised concerns about the future of ETH. Despite its popularity, Ethereum continues to underperform compared to other cryptocurrencies in the
The performance of Ethereum (ETH) has been lackluster recently, with the cryptocurrency trading in a narrow range between $2,300 and $2,800 since the beginning of August. However, what is more concerning is the decreasing interest in Ethereum ETFs, as revealed by critical data from Farside Investors. This waning interest has contributed to the cautious sentiment
After a significant market crash on August 5th, Ethereum (ETH) seems to have found its bottom, according to certain metrics. Data from Glassnode indicates that Ethereum’s market value to realized value (MVRV) bottomed out at $1,687, signaling that the worst may be over for the second-largest cryptocurrency by market cap. This suggests that ETH could
As the cryptocurrency market grapples with a period of uncertainty characterized by price stagnation and volatility, the Ethereum (ETH) network is gearing up for the highly anticipated Pectra upgrade scheduled for the first quarter of 2025. This significant upgrade has attracted the attention of bullish analysts who believe that it could serve as a catalyst
Ethereum has faced significant challenges amidst the recent bearish pressures within the overall crypto market. The ETH price has experienced multiple downturns, bringing it back towards the $2,000 mark and dashing hopes for a new all-time high in the near future. Despite this setback, there is optimism in the air as one crypto analyst suggests
Samuel Edyme, also known as HIM-buktu, is a multifaceted individual in the world of web3 content writing, journalism, and trading. His path into the realm of cryptocurrencies was not paved with success from the start but rather with a scam that involved a Ponzi scheme using crypto as payment. Instead of being deterred by this
Recent trading activities in Ethereum have revealed the formation of a bearish triangle pattern, which is pointing towards a potential significant breakout. If Ethereum breaks below the lower boundary of this triangle, it may result in a sharp decline towards the $2,160 support level. On the 4-hour chart, Ethereum’s price is currently below the 100-day
Ethereum (ETH) recently experienced a significant downturn, dropping to $2,112, the largest market slump of the year. However, the cryptocurrency has since rebounded, gaining 8% over the last week and surpassing the crucial $2,600 level. This recovery has reignited hopes of reaching the $3,000 milestone. Market analytics firm CryptoQuant highlighted a substantial liquidation of long
The latest data from crypto asset manager CoinShares indicates a significant rebound in the crypto market. According to the ‘digital asset fund flows weekly report,’ digital asset investment products experienced $176 million in inflows last week. This surge in investor confidence, as noted by James Butterfill, head of research at CoinShares, suggests a strong and
