Ethereum

SEC Postpones Decision on Grayscale's Ether Staking Proposal

SEC Postpones Decision on Grayscale's Ether Staking Proposal

The Securities and Exchange Commission (SEC) has delayed its decision regarding Grayscale's proposal to offer Ether staking services within its Ethereum Trust ETF and Ethereum Mini Trust ETF. This decision has been delayed until June 1, as the SEC waits for agency approval for the proposed staking services.This delay follows...

Ethereum Poised to Decentralize AI Development, Experts Say

Ethereum Poised to Decentralize AI Development, Experts Say

Ethereum is rapidly emerging as the primary platform for building a decentralized artificial intelligence. It offers answers to the current and future problems of centralized AI systems. These are just a few of the challenges AI is currently facing that experts agree Ethereum’s unique capabilities can help solve. These are...

Ethereum Eyes Breakout as Triangle Pattern Emerges

Ethereum Eyes Breakout as Triangle Pattern Emerges

Ethereum is still consolidating in a symmetrical triangle on the hourly chart, suggesting an incoming Ethereum price breakout. This consolidation, in tandem with important on-chain activity, has contributed to a greater sense of curiosity about Ethereum’s direction.The Ethereum cryptocurrency is currently trading at $1,666, with a marketcap trading volume of...

SEC Delays Staking Decision, Ethereum Price Faces Resistance

SEC Delays Staking Decision, Ethereum Price Faces Resistance

Ethereum (ETH) is showing surprising strength, up 2% on Monday. Yet, it now stands at a new test as the SEC delays its verdict on allowing staking in spot Ether ETFs. The price is getting close to a major descending trendline resistance, and analysts are expecting it to receive a...

Ethereum's Recent Surge Sparks Optimism for Altcoin Rally

Ethereum's Recent Surge Sparks Optimism for Altcoin Rally

Ethereum has showed impressive recovery, bouncing back more than 20% in the past five days, now trading around $1,700. This revival has generated bullish sentiment among the analysts, with some expecting this to trigger a major rally across the rest of the large-cap altcoins. Even with the recent Ethereum price...

Veteran Trader Peter Brandt Doubts Ethereum's Value Amid Market Stagnation

Veteran Trader Peter Brandt Doubts Ethereum's Value Amid Market Stagnation

Ethereum, the world’s second-largest cryptocurrency, is back in the spotlight. Still, its price gets stuck at 10x October 2023 prices even though it has a $200 billion market cap. Peter Brandt, a highly regarded presence in financial markets since the 1970s, has sounded his oft-printed skeptical trumpet again. He called...