ETH

The crypto market gains over $40 million in a week, with Bitcoin leading

December 12, 2023 1 min read

The past week saw the continuation of positive investment trends in the ever-changing landscape of digital assets, with a total inflow of $43 million. This sustained 11-week trend, while demonstrating resilience, represents a slight decrease from previous weeks. Notably, the market saw a shift toward short positions, indicating investor apprehension in the face of rising prices and potential market uncertainties. Bitcoin continues to be a dominant force, attracting $20 million

Google announces changes to its crypto advertisements policy

December 11, 2023 1 min read

Google has announced changes to its crypto advertisements policy to improve its advertising standards and protect users from potential crypto investment risks. These updates are focused on Cryptocurrency Coin Trusts, which are financial instruments that simplify the trading of shares in trusts that hold significant amounts of crypto. The changes are intended to provide users with more reliable information while also protecting them from potential risks associated with crypto investments.

Ethereum (ETH) surpasses $2,400, Surging 1.7% in the last 24 hours

December 10, 2023 1 min read

Recent market trends paint a positive picture for Ethereum (ETH), implying that the popular crypto may be entering a period of growth. The price increase of Ethereum to $2,402 reflects a strong bullish outlook, driven by a number of factors that have piqued the interest of investors. VanEck, an investment firm, published a report outlining 15 projections for the cryptocurrency landscape in 2024. While discussing Ethereum’s potential to surpass Bitcoin,

JPMorgan CEO Calls For Government Shutdown Crypto

December 7, 2023 2 mins read

Jamie Dimon, CEO of JPMorgan Chase, has reiterated his strong opposition to crypto, specifically advocating for a ban on digital assets such as Bitcoin (BTC). His comments came during a Senate Banking Committee hearing, in response to Senator Elizabeth Warren’s questions. Dimon’s remarks echo his long-held disdain for crypto, emphasizing his concerns about their alleged facilitation of criminal activity. Dimon’s criticism focuses on the primary use case of crypto, which

Ethereum (ETH) is trading at $2,270, up 11.73% in the last 7 days

December 5, 2023 1 min read

Bybit crypto exchange recently published a research report that sheds light on institutional investors’ strategic moves and provides valuable insights into their evolving asset allocation preferences. The report focuses on significant shifts in the Bitcoin and Ethereum realms, providing insight into the shifting perspectives of market institutional players. A key finding from the study indicates a significant resurgence of interest in Ethereum among institutional investors. Following a brief drop following

Ethereum Whale sells 3,150 ETH worth over $6.37 million

December 4, 2023 1 min read

An anonymous crypto whale recently sold 3,150 Ethereum (ETH) worth over $6.37 million, sparking debate within the crypto community about the prudent strategy for investors in the aftermath of Ethereum’s recent price surge. The significant transaction occurred as Ethereum hovered below a critical technical resistance level, which has historically been known to trigger sell-offs. The sale was carried out on Sunday by an unidentified Ethereum wallet holder, who sold 3,150

Ethereum (ETH) surges by over 4% in the last 24 hour

November 20, 2023 1 min read

Santander Private Banking International, a division of the well-known Spanish financial services conglomerate Banco Santander, has introduced trading and custody services for Bitcoin (BTC) and Ethereum (ETH) to a select group of Swiss customers. This is a significant step toward incorporating cryptocurrencies into the traditional banking sector. Santander Private Banking International intends to expand its crypto services in the coming months by adding support for additional cryptocurrencies, joining the ranks

Ethereum (ETH) Drops Below $2,000 After facing resistance at $2,130

November 15, 2023 1 min read

Ethereum encountered a minor setback, witnessing a 3.83% decline in the past 24 hours, bringing its value to $1,980. This dip contrasts with its positive performance over the week, where the coin exhibited an uptrend of 7%, climbing from $1,879 to its current position. The decline in Ethereum’s value can be attributed to its recent struggle to surpass the $2,120 resistance level. Similar to Bitcoin, the digital asset experienced a

Ethereum (ETH) Surges Above $2,000 Following BlackRock’s Spot ETF Filing

November 10, 2023 1 min read

BlackRock Inc., a trillion-dollar asset manager, has sparked optimism in the market with its latest filing, hinting at the potential launch of its first Ethereum spot Exchange Traded Fund (ETF) product. The filing, named the iShares Ethereum Trust, was submitted to the Division of Corporations at the Delaware Department of State. While not an active ETF filing, experts anticipate that BlackRock might soon submit a formal application to the U.S.

Ethereum Market Cap Surpasses All Altcoins, Achieving a 2-Year Milestone

June 21, 2023 1 min read

The market capitalization of Ethereum has surpassed that of all altcoins, marking a milestone not seen since February 2021. This achievement is attributed to several factors, including Ethereum’s first-mover advantage, pioneering implementation of smart contracts, and engaged community. As of June 20, Ethereum’s market capitalization stands at $213.8 billion, surpassing major altcoins like Solana, Cardano, and Dogecoin. This shift in dominance is occurring for the first time in over 28

Ethereum Whales Move Around $100 Millions in ETH From Binance

June 11, 2023 1 min read

Ethereum (ETH) whales are defying market uncertainty by expanding their holdings. Despite recent price drops and regulatory concerns, one whale wallet has withdrawn nearly 39,300 ETH from Binance, the world’s largest cryptocurrency trading platform. This surge in whale activity suggests a shift in investor sentiment, with funds potentially being moved to safer havens amidst eroding confidence in centralized entities. On-chain analytics firm Lookonchain highlighted the significant withdrawals in a series

Crypto Prices Experienced Significant Drops of 25% or More Yesterday

June 11, 2023 1 min read

The cryptocurrency market experienced a significant crash yesterday morning, with many altcoins losing significant value. Bitcoin and Ether, the two largest cryptocurrencies by market capitalization, also experienced losses, but to a lesser extent. The crash was likely triggered by a combination of factors, including the recent lawsuits filed by the Securities and Exchange Commission (SEC) against major crypto exchanges, Coinbase and Binance. The SEC has alleged that these exchanges violated