Semilore Faleti is a prominent figure in the world of cryptocurrency journalism, known for his expertise in blockchain technology and digital assets. He began his career writing on various subjects, but it was his deep dive into the complexities of cryptocurrencies that set him apart. With a focus on the efficiency of digital assets in
Ethereum
Following the launch of Spot Ethereum ETFs, the price of ETH has experienced unexpected struggles, indicating that the event was a classic case of ‘sell the news’. Despite initial excitement in the market about investors gaining exposure to ETH without directly buying the token, the price of the second-largest cryptocurrency by market cap has seen
Ethereum whales have been making significant moves in the market recently, with on-chain data revealing a heavy accumulation of the second-largest cryptocurrency by market cap. Despite the price decline in ETH, these large investors have been actively buying up the token. Data from IntoTheBlock shows that Ethereum whales purchased a whopping 297,670 ETH ($1 billion)
The rapidly evolving world of cryptocurrency and blockchain technology has opened up endless possibilities for innovation and disruption in the financial sector. One individual who stands out in this space is Dalmas, a seasoned crypto reporter with a unique perspective on the industry. With a background in mechanical engineering and over a decade of experience
The long-awaited Ethereum ETFs have finally hit the market, marking a significant milestone for Ethereum and other altcoins. Industry experts and enthusiasts are looking at how the effects could play out on Ethereum’s price action in the coming months. Renowned crypto analyst Doctor Profit has made a bold prediction. According to him, Ethereum’s value is
A recent report from CoinShares has indicated a significant uptick in inflows for Ethereum (ETH) over the past week, surpassing Solana’s (SOL) inflows for the year 2024. This surge in inflows coincides with the impending launch of exchange-traded funds (ETFs) that will allow regulated investment in the US for the second-largest cryptocurrency by market capitalization.
The Chicago Board Options Exchange (CBOE) has officially announced the commencement of trading for five Spot Ethereum ETFs in the crypto market. The notification released on July 19 revealed that the trading of these ETFs will begin on July 23, 2024, pending regulatory effectiveness. This launch date comes after previous speculations from analysts like Eric
The recent surge in the Ethereum market has been attributed to a lack of confidence from investors in the upcoming Spot Ethereum ETFs. Despite the potential for these funds to boost Ethereum’s price, data from Laevitas suggests that traders are not as bullish on ETH’s price as expected. With the annualized premium for Ethereum’s fixed-month
The impending launch of spot Ethereum ETFs has generated considerable excitement within the cryptocurrency community, with many believing that these ETFs could propel the price of Ethereum to new highs. Matt Hougan, Chief Investment Officer of Bitwise, has outlined the potential implications of these ETF inflows on the price of ETH, drawing comparisons to the
Ethereum (ETH) has seen a surge in price over the last 24 hours due to the anticipation of the launch of Spot Ethereum ETFs. According to Bloomberg analyst Eric Balchunas, these ETFs could start trading as early as July 23. The US Securities and Exchange Commission (SEC) has requested final S-1 filings from fund issuers
Crypto analyst Linda has recently made a bullish case for Ethereum (ETH), suggesting that the second-largest cryptocurrency by market cap could potentially rise to $4,000. She pointed out that the potential approval of Spot Ethereum ETFs could be a significant factor in triggering this price surge. Market Sentiment and Predictions Linda emphasized that the sentiment
In a surprising turn of events, Justin Sun, the founder of Tron, has decided to jump on the Ethereum bandwagon with a new $5 million investment in the world’s second-largest cryptocurrency. This move comes as a shock to many, considering Sun’s background in Tron and his previous investments in the crypto market. Spot On Chain,
The crypto market is always full of optimism and speculation, with various analysts making bold predictions about the future price movements of cryptocurrencies. One such analyst, known as ‘Bluntz’, has forecasted a significant surge for Ethereum (ETH) to reach an all-time high of $8,000. This prediction is based on the current market conditions and certain
Recently, an Ethereum whale’s transaction has caused a stir within the community, leading to speculation that they might be looking to sell off a significant portion of their holdings. This particular whale transferred a substantial amount of 11,215 ETH, equivalent to $34.3 million, to the popular crypto exchange, Coinbase. Such a move typically indicates a