Ethereum
Data shows that a lot of long liquidations have piled up on exchanges after the Ethereum ETF approval, which was a sell-the-news event. Ethereum Price Has Been Down Since Spot ETFs Gained Approval Yesterday, the US Securities and Exchange Commission (SEC) finally gave the green light on all eight Ethereum spot exchange-traded funds (ETFs) that…
As the crypto world anticipates the US Securities and Exchange Commission (SEC)’s decision on spot Ethereum ETFs, Samson Mow, CEO of Bitcoin adoption firm Jan3, has voiced skepticism about the potential of Ethereum-based ETFs compared to Bitcoin. He argues that the imminent approval of these funds is not necessarily a bullish signal for Ethereum, predicting…
On-chain data shows that the Ethereum exchange net flows have been highly positive recently, a sign that selling may be taking place in the market. Ethereum Exchange Netflows Have Seen A Spike Recently In a new post on X, CryptoQuant head of research Julio Moreno discussed the latest trend in Ethereum’s exchange netflow. The “exchange…
Ethereum is firm, trending higher, and outperforming the world’s most valuable coin, Bitcoin. Earlier today, Ethereum prices broke $3,900 before retracing sharply below $3,800 and bouncing back to spot rates. In an attempt to explain the unexpectedly high volatility, especially with prices rapidly dropping from $3,900 and sinking below $3,800, some analysts claim that a…
Ethereum’s (ETH) price has failed to make any significant rally following the Securities and Exchange Commission’s (SEC) approval of the Spot Ethereum ETFs. This is undoubtedly surprising, given that the approval was expected to spark a massive price surge for the second-largest crypto token. Why ETH’s Price Has Failed To Rally Ethereum’s price may have…
Ethereum is a top performer in the top 10 most valuable coins. At press time, ETH is up an impressive 30% and steady above $3,700 as bulls slice through immediate resistance levels. The trigger is the United States Securities and Exchange Commission (SEC) possibly approving the first spot Ethereum exchange-traded funds (ETFs) this week or…
In a significant development for the recently approved Ethereum ETFs in Hong Kong, the ETF product launched by Chinese fund manager ChinaAMC has seen a significant increase in net inflows, reaching over HK$5 million (US$640,780) as of mid-day Wednesday. This surge follows a previous high of HK$3.77 million on Tuesday, marking the largest inflow since…
On-chain data shows 90% of all Ethereum investors are now in profit following the sharp surge that the asset’s price has seen beyond $3,800. Ethereum Investors Overwhelming In The Green After ETF Rally According to data from the market intelligence platform IntoTheBlock, ETH’s latest rally has meant that a shift in investor profitability has occurred…
Amid the buzz and anticipation, Standard Chartered, a British cross-border bank, has projected that Ethereum spot ETFs will likely be approved by the US Securities and Exchange Commission (SEC) this week. According to the bank, the approval of these spot ETFs could catalyze significant market inflows, with estimates ranging from $15 billion to $45 billion…
In a move that has the crypto community buzzing, the US Securities and Exchange Commission (SEC) has asked major exchanges to refine their applications for spot Ethereum ETFs. According to a Reuters report, sources familiar with the process say this request is interpreted as a positive signal that the regulator may be ready to greenlight…
