Ethereum whales have been making significant moves in the market recently, as on-chain data indicates that these large investors have been heavily accumulating the second-largest cryptocurrency by market cap. Despite a recent decline in ETH’s price, these whales have been increasing their holdings. Data from the market intelligence platform IntoTheBlock reveals that Ethereum whales purchased
Ethereum
Dalmas Ngetich, a well-known crypto reporter, is making waves in the industry with his unique perspective and in-depth knowledge. With a background in mechanical engineering and over a decade of experience in journalism, Dalmas has cemented his position as a thought leader in the world of blockchain, DeFi, and NFTs. His impressive portfolio of over
The long-awaited introduction of Ethereum ETFs has finally materialized, creating a significant shift in the landscape for Ethereum and other altcoins. With industry experts and enthusiasts closely monitoring the market, there is a growing anticipation of how these developments could potentially impact Ethereum’s price trajectory in the coming months. Renowned crypto analyst Doctor Profit has
A recent report from CoinShares revealed that Ethereum (ETH) experienced a surge in inflows last week, surpassing Solana’s (SOL) inflows for 2024. This surge coincides with the impending launch of exchange-traded funds (ETFs) that will enable regulated investment in the US for the second-largest cryptocurrency by market capitalization. The report highlighted Ethereum’s strong momentum over
The recent announcement by the Chicago Board Options Exchange (CBOE) regarding the launch date for Spot Ethereum ETFs has sent waves of excitement through the crypto market. With five Spot ETH ETFs set to commence trading on July 23, 2024, investors are eagerly anticipating the new opportunities that will arise in the world of cryptocurrency
The recent surge in Ethereum derivatives volume has raised concerns about the lack of confidence among investors in the upcoming Spot Ethereum ETFs. Data from Laevitas indicates that Ethereum’s fixed-month contracts annualized premium is currently standing at 11%, suggesting that traders are not as optimistic about ETH’s price as expected. Despite predictions of a price
The countdown to the launch of spot Ethereum ETFs has begun, with many experts, including Matt Hougan, the Chief Investment Officer of Bitwise, highlighting the possibility of these ETF inflows driving the Ethereum price to new heights. Hougan believes that the introduction of spot Ethereum ETFs could propel the value of ETH to record levels,
Ethereum (ETH) has seen a surge in its price recently, with the anticipation of the Spot Ethereum ETFs set to launch soon. Bloomberg analyst Eric Balchunas hinted at the potential launch date of these funds, suggesting that they could begin trading by July 23. The US Securities and Exchange Commission (SEC) has reportedly asked the
Cryptocurrency analyst Linda has recently made a bullish prediction for Ethereum (ETH), suggesting that the second-largest crypto token by market cap could potentially rise to $4,000. One of the factors that she believes could trigger this significant price surge is the potential approval of the Spot Ethereum ETFs. The sentiment surrounding these funds is positive,
Justin Sun, the founder of Tron, has recently made headlines for his $5 million investment in Ethereum (ETH), the second-largest cryptocurrency in the world. This investment was uncovered by Spot On Chain, an AI-driven on-chain analytics platform, through a new Ethereum transaction allegedly executed by Sun. The Tron founder purchased 1,614 ETH tokens at an
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