The cryptocurrency market can be highly volatile, with prices fluctuating based on a variety of factors, including transactions made by large holders, known as whales. Recently, an Ethereum whale made a significant transaction that has sparked panic among community members. The whale transferred 11,215 ETH, equivalent to $34.3 million, to the crypto exchange Coinbase. Such
Ethereum
Semilore Faleti is a prominent figure in the field of cryptocurrency journalism and content creation. With a specialization in blockchain technology and digital assets, Semilore has emerged as a go-to source for understanding the complexities of the crypto world. His dedication to educating and informing his audience has solidified his position as a trusted voice
The recent turbulence in the crypto market has prompted well-known economist Peter Schiff to make a stark prediction for Ethereum. Schiff believes that Ethereum could plummet to as low as $1,500, a significant decline from its current levels. This prediction comes as Ethereum is trading below the crucial support of $3,000, down 30% from its
The cryptocurrency market is currently experiencing a significant downturn, with Ethereum (ETH) being no exception. In the past week alone, ETH has seen a notable 9% decrease in price, plummeting to $3,130. This sharp decline has raised concerns among market participants, who are now closely monitoring the situation to assess the potential impact on the
Ethereum (ETH) is currently facing a significant downturn, as its price rapidly approaches the critical support level of $3,051. This sudden decline has sparked increased selling pressure and a growing bearish sentiment in the cryptocurrency market. Traders are closely monitoring Ethereum’s behavior as it nears this crucial threshold, looking for signs of either stabilization or
The cryptocurrency market has been eagerly awaiting the approval of Ethereum ETF applications by the SEC, with analysts optimistic about the potential growth in the market. However, the recent setback in the approval process has caused a delay, raising concerns among investors and asset managers alike. The initial excitement surrounding the approval of Ethereum ETFs
Samuel Edyme, also known by his nickname HIM-buktu, is a web3 content writer, journalist, and aspiring trader who has made a name for himself in the crypto space. His versatile background and unique perspective have allowed him to contribute to various reputable platforms such as AMBCrypto, Blockchain.News, and Blockchain Reporter. Edyme’s journey into the crypto
The anticipated launch of the first Ethereum ETFs in the United States has experts predicting a significant price appreciation for the second-largest cryptocurrency in the market. The US Securities and Exchange Commission (SEC) could potentially approve Ethereum ETFs as soon as July 4, as the final discussions between asset managers and regulators are underway. The
The discussion surrounding the potential inflows that the US Spot Ethereum ETFs could attract has generated significant interest in the investment community. According to Bitwise’s Chief Investment Officer (CIO) Matt Hougan, there is an expectation that these funds could see substantial net inflows in their first 18 months of trading. Hougan’s projections estimated that the
The cryptocurrency market is abuzz with anticipation as asset managers gear up for the launch of new spot Ethereum ETFs, pending approval from the US Securities and Exchange Commission (SEC). This development could potentially reshape the landscape of the market and pave the way for substantial inflows into the regulated market within the first few
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