Ethereum recently cleared the $2,000 price level again in the past 24 hours, as filings of Spot Ethereum ETFs in the US start to pile up. New on-chain data has shown a clearer sentiment among ETH investors, and it looks like many are getting ready for the long haul. Data shows that the amount of…
BlackRock has joined the Ethereum Spot ETF race as the asset management company has officially applied to the US SEC and is currently waiting for approval. BlackRock Files For An Ethereum Spot ETF Following its Spot Bitcoin ETF filing, BlackRock, an American investment company has taken the proactive step by filing an Ethereum Spot Exchange…
Crypto analyst Tony The Bull, founder of CoinChartist, has revealed why Ethereum is destined to cross $10,000. According to the crypto analyst, the king of the altcoins has its top just right after $10,000 using the Fibonacci extension. How Ethereum Gets To $10,000 In the latest issue of the CoinChartist newsletter, crypto analyst Tony The…
BlackRock and NASDAQ have outlined why the SEC needs to approve the investment company’s new spot Ethereum exchange-traded fund (ETF) filing. According to the filing with the SEC, approval of a Spot ETH ETP would represent a major win for the protection of U.S. investors in the crypto asset space. If approved, the iShares Ethereum…
Ethereum (ETH), the second-largest cryptocurrency, has seen a significant price increase over the past month. The recent bullish rush in the crypto market, coupled with BlackRock’s involvement, has pushed ETH to its year-to-date high of $2,139. Ethereum Outshines Bitcoin And Altcoins According to market data provider Kaiko, ETH has outperformed BTC and many altcoins in…
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has exhibited a promising technical development, igniting optimism within the crypto community. The formation of a bullish flag pattern within the daily timeframe has captured the attention of analysts and traders, hinting at potential positive movements in the near future. A bullish flag pattern is a common…
A massive amount of ETH has made its way to centralized exchanges, increasing the Ethereum balances of these exchanges. Given the implications of exchange inflows, it could be a barrier to the cryptocurrency when it comes to claiming the $2,000 resistance. Investors Send 13,000 ETH To Exchanges Data from IntoTheBlock shows a massive amount of…
ProShares, one of the biggest issuers of exchange-traded funds (ETFs), has added another Ethereum-related ETF to its growing offerings following the launch of the “world’s first Short Ether-Linked ETF” on November 2. ProShares Short Ethereum Strategy ETF In its announcement, the asset manager mentioned that the ProShares Short Ether Strategy ETF trading under the ticker…
Ethereum (ETH), one of the leading cryptocurrencies, is displaying remarkable resilience in the face of recent market fluctuations. Despite experiencing relatively modest gains compared to Bitcoin (BTC) and other major altcoins, ETH has managed to consolidate its position above the $1800 mark. The big question on everyone’s mind is whether Ethereum can sustain this level…
In a recent development, Ethereum’s latest resurgence (up over 12% in the last seven days) could be threatened by the actions of an Ethereum whale who could potentially end the token’s rally and further cause it to decline. Ethereum Whale Moves 30,710 ETH In a post shared on the X (formerly Twitter) platform, a crypto-related…