Ethereum ($ETH)
Ethereum is an open-source blockchain-based distributed computing platform. Developers using ETH are able to deploy smart contracts and decentralized applications on it, which function without the involvement of intermediaries or central servers.
Ethereum itself was launched in mid-2015. Ether, the cryptocurrency that fuels the Ethereum ecosystem, has since become the second-largest by market cap. Since ETH’s inception thousands of ERC-20 tokens have been launched on it, as well as a few popular decentralized cryptocurrency exchanges.
In the near future ETH is set to move from a Proof-of-Work consensus algorithm to a Proof-of-Stake one. On this page you’ll find the latest Ethereum-related news.
Incoming Volatility? $4 Billion Options Expiry Looms Over Crypto Market
- Francisco Memoria
- /
- 15 Nov 2024
A total of $3.4 billion worth of Bitcoin ($BTC) options are set to expire today, November 15, 2024, while an additional $580 million worth of Ethereum ($ETH) options contracts are to expire as well, injecting uncertainty into the cryptocurrency market. With a combined notional value of nearly $4 billion, the expiry of these contracts, representing […]
Dormant $1.14 Billion Ethereum Whale Awakens: Begins Selling After 8 Years
- Francisco Memoria
- /
- 8 Nov 2024
A massive Ethereum whale with over $1.14 billion worth of the second-largest cryptocurrency by market capitalization on their wallet has recently started selling TH after being dormant for the past eight years. According to data shared by on-chain analysis firm Lookonchain, the cryptocurrency whale has a total of 398,891 ETH in their wallet, and has […]
Dan Tapiero Predicts Ethereum’s Rise to $8,000 Amid Anticipated Pro-DeFi Regulations
- Siamak Masnavi
- /
- 7 Nov 2024
On November 6, Donald Trump was declared the winner of the 2024 U.S. Presidential Election, a development that has sent ripples through the cryptocurrency community. This win follows months of pro-crypto positioning by Trump, highlighted by his notable appearance at the Bitcoin 2024 conference in Nashville on July 27. His speech at the event laid […]
Solana’s TVL Surges Amid $2.36 Billion Inflows from Ethereum, but ETH Recovers Nearly Half
- CryptoGlobe Writer
- /
- 31 Oct 2024
High-performance blockchain Solana (SOL) has garnered attention for significant inflows from other blockchains, with its total value locked (TVL) surging as a result of these inflows. An examination of the data, however, shows a more nuanced picture, with Ethereum (ETH) recovering 42% of Solana’s inflows. According to data from Artemis Labs shared by DeFi Report […]
Paper Hands? Reddit Sold Its Bitcoin and Ether Ahead of BTC’s Rally Above $70,000
- Francisco Memoria
- /
- 31 Oct 2024
Social media giant Reddit has offloaded most of its cryptocurrency portfolio during the third quarter of the year, with the net value and the gain that the firm made through the sale of its Bitcoin and Ether holdings being deemed as “immaterial.” According to a recent filing with the U.S. Securities and Exchange Commission (SEC), […]
Ethereum (ETH) Poised for Breakout? Analyst Suggests Potential Rally to $6,000
- Francisco Memoria
- /
- 30 Oct 2024
The second-largest cryptocurrency by market capitalization Ethereum (ETH) has been significantly underperforming Bitcoin (BTC) so far this year, but new analysis suggests ETH could now surge to surpass its previous all-time high and catch up. According to a chart shared by popular cryptocurrency analyst Ali Martinez, Ethereum managed to hold onto its $2,400 support level […]
Ethereum Supply on Exchanges Falls by $750 Million—Implications for ETH’s Price Outlook
- CryptoGlobe Writer
- /
- 29 Oct 2024
The amount of Ethereum (ETH) being held on cryptocurrency exchanges has recently plunged by around $750 million after massive withdrawals of the second-largest cryptocurrency by market capitalization from these platforms. According to on-chain data from on-chain analysis firm CryptoQuant shared by popular cryptocurrency analyst Ali Martinez, 300,000 ETH tokens worth approximately $750 million were withdrawn […]
Crypto Analyst Explains Why He’ll Be More Bullish on $SOL Than $ETH if Trump Wins
- Siamak Masnavi
- /
- 28 Oct 2024
Prominent crypto analyst Alex Krüger recently shared his strategy for the 2024 U.S. Presidential Election, highlighting a shift in his investment approach. On 25 October 2024, he revealed on the social media platform X (formerly Twitter) that he initially planned to take leveraged positions in both Ethereum (ETH) and Solana (SOL) if it looked like […]
Massive Ethereum ICO Participant Cashes Out 3,000 ETH, Still Holds $93.8 Million in Crypto
- CryptoGlobe Writer
- /
- 25 Oct 2024
A massive Ethereum initial coin offering (ICO) participant that received an astounding 254,908 ETH during the cryptocurrency’s launch for a total cost of $79,000, has recently sold 3,000 ETH worth around $7.64 million. The massive Ethereum whale’s total ICO investment exploded from $79,000 into over $645 million, and the whale has over time kept on […]
Ethereum’s Futures Market Shows Signs of Short-Squeeze Risk as Leverage Hits Dangerous Levels
- Francisco Memoria
- /
- 25 Oct 2024
Ethereum, the second-largest cryptocurrency by market capitalization, is facing a growing risk of a short-squeeze that could potentially help its price surge. The cryptocurrency’s futures market is showing signs of extreme leverage, indicating that a significant number of traders are betting on a continued price decline. If Ethereum’s price were to surge unexpectedly, these traders […]
Ethereum (ETH) Price Could Skyrocket to $10,000, Analyst Predicts Based on Techincal Patterns
- CryptoGlobe Writer
- /
- 24 Oct 2024
Ethereum’s price could be poised for a historic rally, according to cryptocurrency analysts who, using technical analysis, pointed to a rise to as much as $10,000 per ETH, up from the cryptocurrency’s current $2,570 price tag. In a post on the microblogging platform X (formerly known as Twitter) to their over 60,000 followers, analyst Trader […]
VanEck’s $ETH 2030 Price Target Could Drop by Two-Thirds if Ethereum’s Economic Model Does Not Change
- Siamak Masnavi
- /
- 18 Oct 2024
On 4 October 2024, Matthew Sigel, Head of Digital Assets Research at global investment firm VanEck, along with investment analysts Patrick Bush and Nathan Frankovitz, published a blog post titled “VanEck Crypto Monthly Recap for September 2024,” where Sigel discussed Ethereum’s recent underperformance compared to Bitcoin (BTC) and Solana (SOL). Sigel stated that ETH is […]
ARK Invest Says stETH Is Becoming a Key Reference for Crypto, Like the Fed Funds Rate
- Siamak Masnavi
- /
- 18 Oct 2024
On October 15, Lorenzo Valente, a research associate at investment firm ARK Invest, published a research paper to explain why “Ether Stands Out Among Digital Assets.” ARK Invest’s research highlights staked Ether (stETH) as an essential asset in Ethereum’s Proof-of-Stake (PoS) system. It describes Ether (ETH) as the only real yield-bearing digital asset when staked, […]
Crypto Exchange Kraken Introduces Ethereum ($ETH) Restaking via EigenLayer
- CryptoGlobe Writer
- /
- 16 Oct 2024
Popular cryptocurrency exchange Kraken has announced it’s introducing Ethereum restaking via EigenLayer, allowing users who have already staked their ETH to leverage it through its smart contracts. The new feature could allow ETH token holders to potentially earn additional staking rewards by using their staked ETH – Ether that’s already being staked to help secure […]
‘Debasement Trade’ Driving Demand for Bitcoin and Gold Going Into 2025: JPMorgan Report
- Siamak Masnavi
- /
- 16 Oct 2024
JPMorgan analysts have shifted their stance on digital assets, adopting a bullish outlook for 2025. Led by managing director Nikolaos Panigirtzoglou, the analysts outlined key factors driving their optimism in the firm’s “Alternative Investments Outlook and Strategy” report (published on October 11), according to an article by Yogita Khatri for The Block published on October […]
Monochrome Asset Management Debuts Australia’s First Spot Ether ETF, Raising $176K on Day One
- CryptoGlobe Writer
- /
- 15 Oct 2024
Monochrome Asset Management has made history by launching Australia’s first exchange-traded fund (ETF) that directly holds Ether (ETH), according to a report by Martin Young for Cointelegraph. This new fund, called the Monochrome Ethereum ETF (IETH), debuted on 15 October 2024 on the Cboe Australia equities exchange. As of 2:00 p.m. local time on launch […]
Uniswap Labs (And Potentially $UNI Holders) Could Capture $368M in Settlement Fees from Ethereum Validators with L2 Blockchain Unichain
- Siamak Masnavi
- /
- 14 Oct 2024
Uniswap is preparing to launch its Layer 2 blockchain called Unichain, designed to enhance scalability for decentralized finance (DeFi) applications. Unichain is currently in the testnet phase and aims to address the high transaction costs and slow speeds commonly associated with DeFi operations on Ethereum. To achieve this, Unichain will feature rapid block times of […]
$1.6 Billion Crypto Options Expiry Could Trigger Big Moves in Bitcoin & Ethereum
- Francisco Memoria
- /
- 11 Oct 2024
A total of $1.1 billion worth of Bitcoin ($BTC) options are set to expire today, October 11, 2024, while an additional $510 million worth of Ethereum ($ETH) options contracts are to expire as well, injecting uncertainty into the cryptocurrency market that’s already set to deal with a $1.3 billion earthquake. With a combined notional value […]
7,000 ETH Moved to Exchanges as Crypto Faces a Potential $1.3 Billion Earthquake
- Francisco Memoria
- /
- 11 Oct 2024
A significant portion of the massive cryptocurrency haul seized from the PlusToken Ponzi scheme is reportedly being sold off, with OXT Research analyst ErgoBTC revealing that 7,000 Ether worth $16.7 million was recently moved to exchanges, potentially signaling the liquidation of the entire $1.3 billion in ETH seized from the scheme. In a series of […]
FBI Creates Ethereum-Based Token in Crypto Market Manipulation Investigation
- Francisco Memoria
- /
- 10 Oct 2024
In a groundbreaking operation, the U.S. Federal Bureau of Investigation (FBI) has exposed an alleged widespread crypto market manipulation scheme involving 18 individuals and four major crypto firms. The case’s investigation saw the agency launch its own Ethereum-based token called NexFundAI. The indictment, unsealed in a Boston federal court, alleges that the defendants engaged in […]
Solana ($SOL) Could Outperform Ethereum and Bitcoin if Trump Wins in 2025, Says Standard Chartered Analyst
- CryptoGlobe Writer
- /
- 8 Oct 2024
According to a recent analysis from Standard Chartered, Solana (SOL) is projected to significantly outperform Ethereum (ETH) and Bitcoin (BTC) by 2025—if Donald Trump wins the U.S. presidential election. Geoffrey Kendrick, Global Head of Digital Assets Research at the bank, predicts a fivefold increase in Solana’s price under a Trump presidency. However, Kendrick still forecasts […]
Ethereum Whale Stuns Market with 19,000 ETH Sell-Off Amid Crypto Downturn
- Francisco Memoria
- /
- 4 Oct 2024
A massive Ethereum ($ETH) initial coin offering (ICO) participant has recently shaken up the cryptosphere after selling a staggering 19,000 ETH worth more than $47.5 million in just two days. According to data shared by on-chain analytics firm Lookonchain, the participant received 150,000 ETH during the initial coin offering for $46,500, with the tokens now […]
Guggenheim Partners Issues $20M in Tokenized Commercial Paper on Ethereum
- CryptoGlobe Writer
- /
- 30 Sep 2024
Guggenheim Treasury Services, a subsidiary of the major financial firm Guggenheim Partners, has issued $20 million worth of tokenized commercial paper on the Ethereum blockchain, marking a significant step into the world of digital assets. According to a report by Helene Braun for CoinDesk, this move was confirmed by Guggenheim, although the company did not […]
Commerzbank Partners with Crypto Finance to Offer Crypto Trading to Corporate Clients
- CryptoGlobe Writer
- /
- 20 Sep 2024
On Thursday, Commerzbank announced that it had teamed up with Crypto Finance, a subsidiary of Deutsche Börse, to offer secure trading and custody of cryptoassets to its corporate clients. This move comes shortly after Crypto Finance reached a similar agreement with Zürcher Kantonalbank in Switzerland. The service will initially focus on Bitcoin and Ether, allowing […]
Bitwise CIO: “It’s Cool To Hate Ethereum Right Now. I Bet This Ends Up Looking Silly.”
- CryptoGlobe Writer
- /
- 19 Sep 2024
Bitwise Investments’ Chief Investment Officer, Matt Hougan, has shared his thoughts on Ethereum’s current state, highlighting that it’s not popular in the market right now. According to Hougan’s memo, the Ethereum-to-Bitcoin price ratio has fallen to its lowest in three years, with Ethereum flatlining on a year-to-date basis while Bitcoin has surged by 38%. Hougan […]
Dormant Ethereum Whale Awakens After Seeing their ETH Holdings Surge Over 44,000%
- Francisco Memoria
- /
- 16 Sep 2024
A mysterious cryptocurrency whale that has been dormant for over eight years has recently resurfaced after seeing the value of the Ethereum ($ETH) holdings surge more than 44,000% to now stand at $39 million. According to data from Ethereum blockchain explorer Etherscan, first shared by EmberCN on the microblogging platform X (formerly known as Twitter), […]
Incoming Volatility? Crypto Market Braces for $1.6 Billion Bitcoin and Ethereum Options Expiry
- Francisco Memoria
- /
- 13 Sep 2024
A total of $1.3 billion worth of Bitcoin ($BTC) options are set to expire today, September 13, 2024, while an additional $298 million worth of Ethereum ($ETH) options contracts are to expire as well, injecting uncertainty into the cryptocurrency market. With a combined notional value of nearly $1.6 billion, the expiry of these contracts, representing […]
Ethereum (ETH) Whales Quietly Keep Accumulating to Now Control 43% of Supply
- Francisco Memoria
- /
- 11 Sep 2024
Ethereum’s largest token holders have been steadily accumulating more of the second-largest cryptocurrency by market capitalization, effectively increasing their dominance as they do so. According to data shared by on-chain analysis firm IntoTheBlock, Ethereum whales’ accumulation has been consistent since 2019 and accelerated in early 2023 after the network’s Shanghai upgrade, which started allowing staked […]
VanEck Is Going to Close and Liquidate Its Ethereum Futures ETF (EFUT)
- Siamak Masnavi
- /
- 9 Sep 2024
Global asset manager VanEck has announced plans to close and liquidate its Ethereum futures ETF, known as the VanEck Ethereum Strategy ETF (EFUT). The Board approved the decision to dissolve the fund of Trustees of VanEck ETF Trust on 5 September 2024. VanEck regularly evaluates its ETF offerings based on multiple factors, including performance, liquidity, […]
Ethereum’s Struggles in 2024: VanEck Report Unveils Major Challenges
- CryptoGlobe Writer
- /
- 6 Sep 2024
In this article, we’ll first cover the key highlights from global asset manager VanEck’s “Crypto Monthly Recap for August 2024” report. Then, we’ll take a closer look at VanEck’s detailed analysis on why Ethereum (ETH) has been underperforming relative to other Layer 1 blockchains. Key Highlights from VanEck’s August 2024 Report According to VanEck, the […]
$290 Billion Swiss Banking Giant Launches Bitcoin and Ether Trading Services
- Francisco Memoria
- /
- 5 Sep 2024
One of Switzerland’s largest financial institutions, Zürcher Kantonalbank, which manages over $290 billion in assets, has begun offering its clients the ability to trade, hold, and custody Bitcoin and Ethereum via the bank’s existing mobile app, ebanking, and other channels. ZKB’s decision to embrace crypto aligns with Switzerland’s generally positive stance on digital assets. The […]
Ethereum ($ETH) Price Performance Mirrors 2016 Trend That Preceded a 12,000% Surge
- Francisco Memoria
- /
- 3 Sep 2024
The world’s second-largest cryptocurrency by market capitalization, Ethereum ($ETH) has fallen short of investor optimism this year as it significantly underperformed the flagship cryptocurrency Bitcoin. ETH lost around 35% of its value over the past six months. The cryptocurrency has been enduring a bearish trend despite the launch of spot Ether exchange-traded funds (ETFs) in […]
Ethereum’s Role in the Future of the $1.3 Trillion RWA Tokenization Market: Challenges and Opportunities
- Siamak Masnavi
- /
- 2 Sep 2024
Jamie Coutts, Chief Crypto Analyst at Real Vision, offers a critical view on the future of real-world asset (RWA) tokenization. Wall Street forecasts that $10 to $30 trillion in traditional assets could be tokenized within the next decade. However, Coutts views these numbers as overly ambitious, especially when considering that BlackRock, the second-largest asset manager, […]
Ethereum ($ETH) vs. Solana ($SOL): An In-Depth Analysis by Renowned Trading Mentor Thomas Kralow
- CryptoGlobe Writer
- /
- 18 Aug 2024
In a recent video, trading mentor Thomas Kralow compares the current state of Ethereum (ETH) and its strongest closest rival, Solana (SOL). Ethereum’s Current Sentiment and Market Dynamics Kralow begins by acknowledging the current negative sentiment surrounding Ethereum. Despite Ethereum’s fundamental strengths, he says the market sentiment is overwhelmingly pessimistic, with many critics labeling it […]
Several U.S. Exchanges Withdraw Their Proposals for Options on Spot Bitcoin ETFs
- Siamak Masnavi
- /
- 16 Aug 2024
According to a report by Sarah Wynn for The Block, Nasdaq ISE, LLC has officially withdrawn its proposals to list and trade options on spot Bitcoin and Ethereum exchange-traded funds (ETFs). The notices were filed on the U.S. Securities and Exchange Commission’s (SEC) website, indicating that Nasdaq ISE withdrew these proposals on Tuesday. Nasdaq ISE […]
Mysterious Crypto Trader Leverages Stablecoins to Buy $12 Million Worth of ETH
- CryptoGlobe Writer
- /
- 14 Aug 2024
A mysterious cryptocurrency trader has placed a substantial bet on Ethereum’s Ether, the second-largest cryptocurrency by market capitalization, borrowing nearly $12 million in stablecoins since August 11 to accumulate over 4,459 ETH. The aggressive buying spree, conducted through decentralized finance (DeFi) exchanges, was first spotted by on-chain analysis service Lookonchain, which noted on the microblogging […]
Fat Finger? Crypto Trader Pays $92,000 Transaction Fee to Move $2,000 in ETH
- Francisco Memoria
- /
- 14 Aug 2024
A cryptocurrency trader has paid a whopping $92,000 to move around $2,300 worth of the second-largest cryptocurrency by market capitalization Ethereum ($ETH) on the blockchain. According to blockchain data from Etherscan, first spotted by on-chain investigator DeFiac on the microblogging platform X (formerly known as Twitter), the trader paid around $90,000 in fees for a […]
Metafide CEO Predicts Bitcoin to Hit $100K and Ethereum $4K by Year-End
- CryptoGlobe Writer
- /
- 13 Aug 2024
On August 13, Frank Speiser, the CEO of Metafide, shared his insights and predictions on Bloomberg TV during an interview with Tim Stenovec and Katie Greifeld. Speiser predicted that Bitcoin could reach $100,000 by the end of 2024, a significant increase from its current trading value of just under $60,000. He attributed this potential rise […]
Ethereum Underperforms: ETH/BTC Ratio Hits Lowest Level Since April 2021
- Francisco Memoria
- /
- 8 Aug 2024
The second-largest cryptocurrency by market capitalization Ethereum ($ETH) has significantly underperformed Bitcoin in recent months to the point the ETH/BTC ratio, a key indicator of the relative strength of the two cryptocurrencies, has plummeted to its lowest level since April 2021, reaching a precarious 0.044. According to data shared by leading institutional digital asset data […]
Zach Pandl on the Launch of the Grayscale Bitcoin Mini Trust (NYSE ARCA: BTC)
- CryptoGlobe Writer
- /
- 1 Aug 2024
On July 31, 2024, Zach Pandl, head of research at Grayscale Investments, was interviewed by CNBC Television, discussing the company’s launch of the Bitcoin Mini Trust ETF and its implications for the cryptocurrency market. Launch of the Bitcoin Mini Trust ETF Grayscale Investments has introduced the Grayscale Bitcoin Mini Trust ETF, a significant addition to […]
Ethereum ICO Participant Moves 1,111 Tokens After 9 Years and 1,000,000% ETH Price Rise
- Francisco Memoria
- /
- 31 Jul 2024
A massive Ethereum ($ETH) initial coin offering (ICO) participant has recently shaken up the cryptosphere after transferring a staggering 1,111 ETH worth over $3.7 million after being dormant for nine years. The wallet in question, 0xE72, received 2,000 ETH back in 2015 during Ethereum’s ICO. This initial investment, worth a mere $620 at the time, has […]
Ethereum Investment Products See Massive $2.2B Inflows with Launch of Spot Ether ETFs
- CryptoGlobe Writer
- /
- 30 Jul 2024
Over the past week cryptocurrency investment products saw $245 million of inflows, with Bitcoin seeing inflows of $519 million to bring its month-to-date inflows to $3.6 billion, a figure dwarfed by the $2.2 billion in inflows the newly issued spot Ethereum exchange-traded funds saw. According to CoinShares’ Digital Asset Fund Flows report, the newly launched […]
Ethereum Whale Transactions Surge to $12.1 Billion in a Day as ETH’s Price Dips Post-Spot ETF Launch
- CryptoGlobe Writer
- /
- 30 Jul 2024
The much-anticipated launch of spot Ethereum exchange-traded funds (ETFs) has failed to ignite sustained upward momentum for the cryptocurrency, with Ethereum’s price enduring a slight correction since the launch of these funds last week to now trade at $3,300. Despite the price drop, on-chain data paints a complex picture with a surge in large Ethereum […]
Ethereum Is Like an ‘Open Source App Store’, Says VanEck CEO
- CryptoGlobe Writer
- /
- 25 Jul 2024
On July 23, Jan van Eck, CEO of VanEck, joined Bob Pisani on CNBC’s “ETF Edge” to discuss the launch of the VanEck Ethereum ETF, its unique fee structure, and the broader implications for investors. This detailed blog post summarizes the key points from their discussion. The conversation began with an overview of the new […]
$ETH: CCData Research Analyzes the Launch of the New Spot Ether ETFs and Their Market Impact
- CryptoGlobe Writer
- /
- 24 Jul 2024
CCData, formerly known as CryptoCompare, is a data and analytics firm that specializes in providing comprehensive and reliable information about the cryptocurrency market. They gather, analyze, and present data on various digital assets, including prices, trading volumes, market capitalization, and historical performance. CCData offers these insights to individuals, institutions, and businesses to help them make […]
$ETH: 21Shares CEO Explains Why Ether Price Did Not Surge on Launch of 9 US-Listed Spot ETFs
- Siamak Masnavi
- /
- 23 Jul 2024
On 23 July 2024, 21Shares Co-Founder and CEO Hany Rashwan appeared on “Bloomberg Crypto” to talk to Sonali Basak and Tim Stenovec about Ethereum’s price action on the day that nine US-listed spot Ethereum ETFs started trading, who these ETFs are for, Ethereum’s use cases, and the potential for future integration of staking rewards into […]
‘Ethereum’s Breadth of Applications and Potential Use Cases Present a Compelling Narrative’: BlackRock’s Samara Cohen
- CryptoGlobe Writer
- /
- 23 Jul 2024
On July 23, Samara Cohen, BlackRock’s Chief Investment Officer of ETF and Index Investments, joined CNBC’s “Squawk on the Street” to talk about the launch of spot Ether ETFs and the potential they hold. The discussion began with the host, Bob Pisani, acknowledging the much-anticipated launch of Ether ETFs. Cohen confirmed the launch, noting that […]
Historic Launch: Spot Ether ETFs See $361 Million in Early Trading Frenzy
- Francisco Memoria
- /
- 23 Jul 2024
The U.S. Securities and Exchange Commission (SEC) greenlit the launch of spot Ether exchange-traded funds, which started trading today, and in just 90 minutes of trading a total of $361 million changes hands in these funds. That’s according to Bloomberg intelligence analyst Eric Balchunas, who noted that this trading volume would rank these ETFs “about […]
Spot Ethereum ETF Approval Signals Altcoins Will Eventually Hit Wall Street, Says CEO
- Siamak Masnavi
- /
- 23 Jul 2024
On July 23, Anthony Pompliano, founder and CEO of Professional Capital Management, joined CNBC’s “Squawk Box” to discuss the recent approval of spot Ethereum ETFs and its implications for the crypto industry. Pompliano highlighted that the SEC’s approval of spot Ethereum ETFs from various financial giants like 21 Shares, Bitwise, BlackRock, Fidelity, Franklin Templeton, and […]
Crypto Investment Products See Over $1.3 Billion Inflows in a Week with BTC, ETH, and SOL in the Lead
- Francisco Memoria
- /
- 22 Jul 2024
Over the past week, cryptocurrency investment products saw total inflows of $1.35 billion, bringing their ttotal inflows over the last three weeks to $3.2 billion, with Bitcoin investment products bringing in the lion’s share of funds, followed by ETH, Solana, and multi-asset vehicles. According to CoinShares’ Digital Asset Fund Flows report, BTC-focused products saw $1.27 […]
Ethereum ETPs Could Help ETH Price Surge Past $5,000: Bitwise CIO
- Francisco Memoria
- /
- 19 Jul 2024
Matt Hougan, Chief Investment Officer at Bitwise Asset Management, is forecasting a bright future for Ethereum, predicting the cryptocurrency will surpass its all-time high by year-end thanks in part to the launch of spot Ethereum Exchange-Traded Products (ETPs) to trade above $5,000. In a new blog post, Bitwise noted that he believes that the launch […]
Ethereum Foundation Moves $12 Million to Crypto Exchange Kraken, Raising Market Timing Concerns
- Francisco Memoria
- /
- 18 Jul 2024
The Ethereum Foundation, the non-profit organization funding the critical development of Ethereum-related technology, has transferred a significant amount of Ether (ETH) to the popular cryptocurrency exchange Kraken, raising eyebrows given its history of wallet movements. According to on-chain analytics firm SpotOnChain, the Ethereum Foundation’s wallets and wallets linked to an Ethereum initial coin offering (ICO) […]
How the Ethereum (ETH) Price Could Get to $5,600, Explains Veteran Analyst Peter Brandt
- CryptoGlobe Writer
- /
- 16 Jul 2024
On July 15, Peter Brandt shared his technical analysis of Ethereum (ETH) on the social media platform X. Brandt’s insights focus on the current price behavior of ETH and predict future movements based on chart patterns and historical price data. Brandt is a veteran trader and author renowned for his expertise in commodities and financial […]
Ethereum ICO Project Golem Starts Staking Over $120 Million in ETH After Massive Sale
- Francisco Memoria
- /
- 12 Jul 2024
An Ethereum-based project that financed itself through an initial coin offering (ICO), Golem (GLM), has recently moved 40,000 ETH worth around $124 million to start staking the funds, effectively becoming a validator on the network to secure yield by helping secure it. According to data from on-chain analytics firm Lookonchain, the move comes after Golem […]
VanEck’s Matthew Sigel Explains Why His Firm Isn’t Pursuing a Spot XRP ETF Yet
- CryptoGlobe Writer
- /
- 11 Jul 2024
On July 9, 2024, Matthew Sigel, Head of Digital Assets Research at VanEck, spoke with Tony Edward, the founder and host of the YouTube series Thinking Crypto. During the interview, Sigel provided detailed insights into VanEck’s crypto strategy, the impact of new ETFs, regulatory challenges, and his outlook for the digital assets market. Background and […]
Crypto Analytics Firm Santiment Highlights Bullish Trends in Bitcoin and Ethereum Holdings
- CryptoGlobe Writer
- /
- 11 Jul 2024
Santiment, a leading crypto analytics firm, has recently provided significant insights into the Ethereum and Bitcoin markets through a series of posts on the social media platform X. Ethereum’s ETH2 Beacon Deposit Contract On July 10, Santiment revealed a notable milestone for Ethereum, focusing on the ETH2 Beacon Deposit Contract. This contract, essential for staking […]
Over 33% of Ethereum’s Supply is Now Being Staked, Data Shows
- CryptoGlobe Writer
- /
- 11 Jul 2024
The world’s second-largest cryptocurrency by market capitalization Ethereum (ETH) has seen the amount of ETH staked within Ethereum 2.0 surge to a new all-time high of 47.38 million ETH, equivalent to 33.9% of the cryptocurrency’s supply. According to data from on-chain analytics firm Santiment, the figure has more than tripled from around 10.9% of the […]
Ethereum Whale Makes $50 Million Splash, Moves Holdings to Self-Custody as Price Rebounds
- Francisco Memoria
- /
- 11 Jul 2024
A large cryptocurrency holder, colloquially referred to as a whale, recently transferred 16,449 Ether ($ETH), valued at roughly $50.3 million, out of leading cryptocurrency exchange Binance exchange into self-custody. The move came as the price of the second-largest cryptocurrency by market capitalization recovered from a slump seen earlier this month to climb above the $3,000 […]
Bitwise’s Katherine Dowling on the Future of Spot Ethereum ETFs
- CryptoGlobe Writer
- /
- 10 Jul 2024
US-based applicants for a spot Ethereum (ETH) exchange-traded fund (ETF) have updated their filings with the U.S. Securities and Exchange Commission (SEC) as they await possible approval next week. In May 2024, the SEC approved a proposal from exchanges to list these products, but a separate approval is still required for their actual launch. On […]
Bitcoin and Ethereum ‘Have No Intrinsic Value’, Claims Governor of Italy’s Central Bank
- CryptoGlobe Writer
- /
- 10 Jul 2024
On 9 July 2024, Fabio Panetta, the Governor of the Bank of Italy, addressed the Italian Banking Association Annual Meeting, sharing his critical views on crypto-assets and the regulatory landscape surrounding them. Panetta provided an in-depth analysis of the risks associated with crypto-assets, distinguishing between stablecoins and unbacked crypto-assets and highlighting the implications of the […]