Ethereum

TLDR Spot Ethereum ETFs have received final approval from the SEC to begin trading on Tuesday, July 23, 2024. Several major firms including BlackRock, Fidelity, and VanEck will offer Ethereum ETFs. Ethereum ETFs are expected […]

TLDR Ethereum’s price is currently battling resistance around $3,300-$3,400 after a recent downward correction. ETH is down about 6.5% since the launch of spot Ethereum ETFs on July 23, but ETF flows recently turned positive […]

TLDR Ethereum’s price is currently trading above $3,500 and the 100-hourly Simple Moving Average. There are key resistance levels at $3,550, $3,580, $3,650, and $3,700. A bullish trend line is forming with support around $3,440-$3,450. […]

TLDR Compound Finance passed a controversial proposal allocating $24 million worth of COMP tokens to a new vault The proposal was narrowly approved despite objections from many community members Critics argue this may be a […]

TLDR Spot Ethereum ETFs launched in the US on July 23, 2024, with nine funds trading on their first day. The ETFs saw over $1 billion in total trading volume, with BlackRock’s fund leading in […]

TLDR Bitcoin price dropped from $65,500 to around $64,000 in early Asian trading hours. Over $250 million in bullish bets were liquidated, the largest amount since early July. Ethereum saw a larger drop of about […]

Ethereum (ETH), the second-largest cryptocurrency, has seen a significant price drop of over 7.5% in recent trading, with its value hovering above $3100. This decline comes in the wake of the much-anticipated launch of Ethereum […]

TLDR Spot Ethereum ETFs experienced net outflows of $113-133 million on their second day of trading. Grayscale’s Ethereum Trust (ETHE) saw significant outflows of $326.9 million on the second day. Most new Ethereum ETFs posted […]

TLDR Grayscale’s Ethereum ETF (ETHE) saw $484 million in outflows on its first day of trading. BlackRock’s Ethereum ETF (ETHA) led with $265 million in inflows. The total trading volume for Ethereum ETFs on day […]

TLDR Grayscale transferred $1 billion worth of Ethereum to Coinbase Prime ahead of Ethereum ETF trading debut. The first spot Ethereum ETFs in the US are set to begin trading on July 23, 2024. Multiple […]