Ethereum

TLDR BlackRock’s iShares Ethereum Trust (ETHA) has accumulated nearly $900 million in inflows since its launch on July 23, 2024. ETHA saw $109.9 million in inflows on August 6, its third-biggest flow day. The ETF’s […]

Leading asset management BlackRock and global stock exchange Nasdaq submitted a proposal to introduce options for the iShares Ethereum Trust (ETHA), BlackRock’s flagship spot Ethereum product. BlackRock plans to create financial contracts that give investors […]

TLDR Ethereum’s price has started a recovery wave, rising above $2,350 after dropping to a low of $1,910. Technical indicators suggest ETH could climb higher if it clears the $2,680 resistance zone. Ethereum’s rebound shows […]

TLDR Vitalik Buterin has outlined a plan for cross-chain interoperability between Ethereum layer-2 networks The plan includes several Ethereum Improvement Proposals (EIPs) aimed at enhancing cross-L2 compatibility Key proposals include EIP-3370 for a new address […]

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 […]