Ethereum (ETH)

The Securities and Exchange Commission (SEC) has postponed its ruling on BlackRock’s request to introduce a spot Ethereum ETF until March. As the largest fund manager globally, BlackRock submitted its application for a spot Ethereum exchange-traded fund (ETF) in November. SEC Delays Decision on BlackRock Spot Ethereum ETF According to a filing on the SEC website, the decision on BlackRock’s application for a spot Ethereum ETF, initially scheduled for January 25, has been...

Bitcoin’s value dipped below $39,000 this week, erasing almost all gains made in the last two months, which were fueled by expectations of approval for a spot BTC ETF in the United States. But the introduction of the much-anticipated funds ended up being a classic “sell-the-news” event. The term is a well-established concept in capital markets, illustrating how asset prices, leverage, and market sentiment work in tandem to drive prices upward, leading up to a positive event,...

After facing rejection from the formidable resistance zone at $2.6K, Ethereum underwent a substantial downturn, breaking through multiple critical support levels. However, it has now landed at a substantial and decisive range, suggesting the possibility of a bullish reversal. By Shayan Ethereum Price Analysis: The Daily Chart A detailed analysis of Ethereum’s daily chart reveals a notable rejection after attempting to surpass the $2.6K resistance, resulting in a 20% decline....

[PRESS RELEASE – Roadtown, British Virgin Islands, January 25th, 2024] Followed by LIF3’s Token Migration to Ethereum Network for Enhanced Market Accessibility Today, $LIF3 (pronounced Life), a ground-breaking and complete omni-chain DeFi Layer-1 Curated Blockchain ecosystem, announces its recent listing on Bitfinex (https://trading.bitfinex.com/t/LIF3:USD), a premier digital asset trading platform, after recently migrating to the Ethereum Network from Fantom. This...

Litecoin started a fresh decline from the $72.00 resistance zone against the US Dollar. LTC price is now trading below $68.00 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $69.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down unless the bulls protect the $63.20 support zone. Litecoin price is struggling below $70.00 against the US Dollar, like...

Hester Pierce, popularly known as “Crypto Mom,” who serves as a commissioner with the United States Securities and Exchange Commission (SEC), believes the agency would not need a lawsuit or a court ruling to approve pending spot Ethereum exchange-traded funds (ETFs) application. During an interview with community-owned crypto media outlet Coinage, Commissioner Pierce insisted the SEC should not need a court to direct its approach as it would treat spot Ethereum ETFs the way...

The beginning of this week saw a decline in the overall market capitalization of cryptocurrencies, dropping from $1.6 trillion to $1.5 trillion, indicating a day-on-day decrease of over 5%. This market downturn did not spare the native token of the Ethereum-based layer-2 Optimistic Rollup network, OP. Due to the broader market decline, OP incurred weekly losses of over 20%. Despite this, a substantial number of token holders maintained a profitable position. Optimism (OP)...

Ethereum has currently found itself situated within a crucial demand zone after falling below the $2,300 threshold. While the risk of additional decline in the altcoin’s value, the recent dynamics in Ethereum’s futures market sentiment have been underscored by a critical analysis of funding rates, which serves as a crucial indicator, shedding light on the intensity of orders executed by buyers and sellers. According to CryptoQuant’s latest analysis, this displays an upward...

TL;DR Cardano’s coin tops BTC and ETH in certain fields but faces a price decline. Market trends are bearish, yet experts stay optimistic about ADA’s future. According to market intelligence platform Santiment, Cardano’s ADA was the top cryptocurrency by development activity in the last 30 days. Polkadot (DOT) and Kusama (KSM) ranked second and third, respectively, while Ethereum (ETH) was placed tenth. Interestingly, Bitcoin (BTC) did not find a spot on the list. 🧑‍💻 Here...

Ethereum price started a downside correction from the $2,700 resistance against the US Dollar. ETH price is now trading below $2,550 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with support at $2,400 on the 4-hour chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $2,400 resistance zone. Ethereum price is declining below $2,550 against the US Dollar. ETH/USD remains at a risk of more...