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Ethereum
SEC Chair Gensler skirts questions on ETH as a commodity
In a hearing on the fiscal 2025 budgets for both the Securities and Exchange Commission and the Commodity Futures Trading Commission, crypto was — of course — one of the big topics discussed. Senator…
Ethereum (ETH) Exchange Outflows Plummet, Casting Doubt on $4,000 Prediction
Readers will find today’s analysis of Ethereum (ETH) interesting. On June 11, about 542,000 ETH moved out of exchanges— the largest outflow of the year. However, the trend did not take long to change,…
Ethereum Longs Crushed! Who Got Burned In The $62 Million Fire Sale?
Ethereum (ETH) bulls got a taste of fire on June 11th as the altcoin’s derivatives market witnessed a dramatic surge in long liquidations. According to data from Coinglass, this event marked the…
Ethereum’s Price Surge Faces Resistance at $3,660: Will Bulls Prevail?
Ethereum is trading at $3,624, targeting $3,740 if momentum holds, with $3,430 as potential support. US CPI data decreased to 3.3%, boosting the crypto market, with Bitcoin nearing $70,000 and…
Ethereum Is a 10x Cost Improvement Over Legacy Financial Rails, According to Crypto Asset Manager…
Crypto asset manager Bitwise says that Ethereum (ETH) is an “unstoppable force” that is vastly improving the efficiency of the traditional financial system. According to Bitwise, which was handling…
Whales Go on Buying Spree, Snapping Up $840 Million in ETH
Ethereum (ETH) is showing strength in the volatile crypto market, according to crypto analyst Ali. Large investors, known as whales, recently purchased over 240,000 ETH during a price dip. This…
Ethereum Price Slips: Slow Descent as Market Pressure Mounts
Ethereum price failed to recover above the $3,650 resistance. ETH declined again below the $3,550 level and now shows bearish signs below $3,600. Ethereum started a fresh decline below the $3,550…
Legendary Trader Peter Brandt Issues Crucial Warning as Ethereum Price Eyes Dump
Legendary trader Peter Brandt has recently updated his outlook on the Ethereum (ETH) price chart, highlighting a worrying pattern. Thus, Brandt has identified a controversial head-and-shoulders top…
Major Spot Ethereum ETF Update to Come This Week: Details
Despite the United States Securities and Exchange Commission (SEC) granting approval for a spot Ethereum ETF, the cryptocurrency world is still awaiting S-1 approval to usher in trading of the asset.…
Ethereum (ETH) Faces Bearish Phase as Futures Traders Aggressively Sell
Recent data from CryptoQuant indicates a bearish outlook for Ethereum (ETH), suggesting that the current downward trend might continue if prevailing conditions persist. Ethereum, struggling to…