Ethereum wallets holding at least 10,000 Ether are accumulating the cryptocurrency at a rate faster than before the 95% rally in mid-2022, according to recent data. This surge in accumulation by "mega whales," combined with technical indicators showing a bull pennant formation, suggests a potential breakout targeting $3,400 by August....
Ether, or ETH for short, is on the up and up, fueled by a comeback in interest around stablecoins and constantly buzzing about tokenization. Per Coin Metrics, Ether’s price was recently up 5% long-term. This boost indicates that investor sentiment is moving in the right direction. That increase is reflected...
Joseph Lubin, the co-founder of Ethereum and CEO of Consensys, recently forecasted a potential bullish trend for Ether (ETH). He even claimed that its value would exceed the entire global GDP by a factor of 20. On June 19, Lubin came before the Commission to share his analysis. He maintained...
On-chain ether’s proved pretty resilient, holding first support around the $2,500 mark, amid last week’s ETH ETF outflows and evolving institutional flows. In the last 24 hours, the digital currency traded between $2,499.39 and $2,580.53. It rose to $2,5403 on June 14, or a drop of 0.88%.Ether, meanwhile, has pulled...
SharpLink Gaming (SBET) got shellacked, losing a whopping 70% in after-hours trading Thursday. The New Jersey-based, Nasdaq-listed company’s stock market decline came on the heels of an SEC filing recently submitted to the U.S. Securities and Exchange Commission (SEC).The filing, an S-3ASR registration statement, will make available for resale up...
Ether (ETH), the second-largest cryptocurrency by market capitalization, revved up Tuesday morning, quickly climbing over the $2,800 threshold. This increase in the rank all comes from a dramatic increase in spot turnover. Furthermore, we observe ATHs of staked Ether and massive inflows into Ether ETFs (exchange-traded funds).For much of Tuesday,...
Ether (ETH) blasted off. Ether soared in price, rising by 6.5% as buy pressure flooded in. Investors drove it toward the $4,000 level. Despite the market volatility, the cryptocurrency showed strong bullish momentum, breaking all major resistance levels with huge volumes.Ether started its latest climb from a low of about...
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...
