Semilore Faleti, a seasoned cryptocurrency writer, initially dabbled in various subjects before discovering his passion for delving into the complexities of blockchains and digital assets. His journey began with crafting educational articles aimed at enlightening both new and seasoned crypto users. By breaking down intricate concepts in the crypto space, Semilore’s writing played a crucial
Ethereum
The launch of the Spot Ethereum ETFs was expected to bring positive momentum to the price of Ethereum. However, the reality has been quite the opposite. Since the ETFs started trading on July 23rd, Ethereum has seen a decline of around 10% in its value. This unexpected struggle has proven that the launch of the
Recent on-chain data reveals that Ethereum whales have been actively accumulating the second-largest cryptocurrency despite its price decline. Reports show that on July 24 alone, these whales purchased a staggering amount of 297,670 ETH ($1 billion), following another significant buy the day before. This robust accumulation trend indicates a strong bullish sentiment among large holders,
Dalmas Ngetich, a seasoned crypto reporter, stands out in the industry with his specialized knowledge in NFTs, blockchain, and DeFi. With a background in mechanical engineering and over a decade of experience in journalism, Ngetich has crafted over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology,
The recent launch of Ethereum ETFs has sparked a lot of excitement within the cryptocurrency community. The industry is abuzz with speculation about how these ETFs will impact Ethereum’s price in the coming months. Renowned crypto analyst Doctor Profit has made some bold predictions about Ethereum’s future, claiming that the cryptocurrency could break through the
The recent report from CoinShares has shed light on Ethereum’s significant uptick in inflows, surpassing those of Solana for the year 2024. This surge in inflows coincides with the impending launch of exchange-traded funds (ETFs) that will enable regulated investment in Ethereum in the US. The report highlights Ethereum’s strong momentum over the past month,
The Chicago Board Options Exchange (CBOE) has officially announced the launch date for Spot Ethereum ETFs, revealing that five Spot ETH ETFs will soon be available for trading in the cryptocurrency market. This news has generated a lot of excitement and anticipation among investors and analysts alike. On July 19, the CBOE made a significant
The recent data on Ethereum derivatives volume suggests that investors in the cryptocurrency market have little confidence in the upcoming Spot Ethereum ETFs. Despite the imminent launch of these funds, which are set to begin trading next week, the market sentiment seems to be cautious. Data from Laevitas shows that Ethereum’s fixed-month contracts annualized premium
The impending launch of spot Ethereum ETFs has garnered much attention, with Chief Investment Officer of Bitwise, Matt Hougan, expressing optimism about the potential for these ETF inflows to elevate the price of Ethereum to historic levels. Hougan believes that the introduction of spot Ethereum ETFs could propel the value of ETH to surpass $5,000,
Ethereum (ETH) has experienced a surge in the last 24 hours, with the news of the impending launch of Spot Ethereum ETFs. These funds are anticipated to have a positive impact on the price of ETH, potentially leading it to reach new all-time highs. Bloomberg analyst Eric Balchunas recently revealed on X (formerly Twitter) that
