Journalist Posted: September 20, 2023 The number of staked ETH reached 317,000 last week. Lido continued to dominate the market as a few others stepped back. On 13 September, the number of staked Ethereum [ETH] reached a single-day high since July. The data, revealed by IntoTheBlock, made it known that 134,000 ETH were staked on …
How staked Ethereum reached its single-day high since July Read More »
Journalist Posted: September 20, 2023 An Ethereum whale sold the majority of its holdings as large holders showed bearish sentiment. Regardless, developers continued to make network improvements. Bitcoin’s [BTC] recent price surge above $26,000 had a ripple effect on the Ethereum [ETH] market, driving a positive surge in price. However, whales remained uninterested. Is your …
Ethereum: As whales move away, what’s next for ETH? Read More »
Journalist Posted: September 18, 2023 ETH’s taker buy-sell ratio has risen steadily since 10 September With strong resistance at $2000, ETH investments have continued to return very low profits Ethereum’s [ETH] taker buy-sell ratio assessed on a 30-day simple moving average (SMA) has climbed to its highest level since 23 June. This, according to data …
Ethereum traders increasingly bullish as taker buy-sell ratio hits new high Read More »
contributor Posted: September 14, 2023 Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. ETH dipped by 6% over the past 48 hours with bears flipping the $1,619 level to resistance. Selling pressure could exist in the mid to long term due to …
Ethereum: Bulls and bears tussle as ETH prices touch $1600 Read More »
Journalist Posted: September 9, 2023 The price of Grayscale Ethereum Trust (ETHE) saw an uptick following recent ETF filings made by Ark Invest and 21Shares. This has been driven by the hopes of a potential conversion of the ETHE into an ETF. The value of Grayscale Ethereum Trust (ETHE) has approached its year-to-date high of …
Grayscale Ethereum Trust nears 2023 high as ETF hopes mount Read More »
Journalist Posted: September 8, 2023 S-1 and 19b-4 filings have been made for the spot Ethereum ETF approval. ETH saw a mild reaction to the news of the filings. The race to launch an Ethereum [ETH] ETF began on 6 September, with Ark Investment and 21 Shares filing applications. How does this type of ETF …
Journalist Posted: September 6, 2023 The project’s founder explained how a reduction in node costs could help its goals. Developers’ contributions decreased, and validator activity fell. Ethereum [ETH] co-founder Vitalik Buterin, while admitting that node centralization was one of the blockchain’s biggest challenges, said that it could take 20 years to fix. Buterin, who was …
Fixing Ethereum node centralization may take two decades: Vitalik Buterin Read More »
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The higher timeframe price action of Ethereum showed a bearish structure. A bounce could develop after such a large drop, making the $1780-$1800 an area of interest for bears to defend. On 6 May, …
Volatility Shares joins the ETF race along with other eager firms. Institutional interest in ETH grows, but whale interest in Ethereum declines. As all eyes remain fixed on Bitcoin’s [BTC] potential ETF approval by the SEC, Ethereum [ETH] was seen positioning itself to reap the benefits of this burgeoning investment avenue. Read Ethereum’s [ETH] Price …
Ethereum ETF race intensifies as Volatility Shares enters the fray Read More »
Ethereum has gained around 300% against Bitcoin recently. BTC is trending higher than ETH YTD despite gains. Bitcoin [BTC] and Ethereum [ETH] continue to be the leading digital assets. This fact was underscored when traditional financial institutions applied for ETFs for both these assets. Nevertheless, their price trends in the current market exhibit distinct differences, …
Ethereum gains ground on Bitcoin as the bear market persists Read More »