Auto Added by WPeMatico

Ethereum Price Analysis: Critical Technical Warning Flashes for ETH as $2.1K Seems Imminent

Ethereum has been notably bearish, marked by a sharp decline following a pullback to the lower boundary of a broken wedge, coupled with the formation of a death cross. Despite…

Continue ReadingEthereum Price Analysis: Critical Technical Warning Flashes for ETH as $2.1K Seems Imminent

NFT Sales Slip 7.69% in Early September as Digital Collectible Market Adjusts

After a dip in August, the first week of September didn’t bring much sunshine to the world of non-fungible tokens (NFTs). Sales slid by 7.69% over the seven-day period. The…

Continue ReadingNFT Sales Slip 7.69% in Early September as Digital Collectible Market Adjusts

September Crypto Crash Wipes Out $170B, Bitcoin and Ethereum Take the Biggest Hit

Between Sept. 1 and Sept. 7, 2024, the crypto market took a notable hit, shedding $170 billion in value. Bitcoin and ethereum were the main drivers of this downturn, responsible…

Continue ReadingSeptember Crypto Crash Wipes Out $170B, Bitcoin and Ethereum Take the Biggest Hit

Vitalik Buterin Pledges L2 Tokens to Support Public Goods in the Ethereum Ecosystem

Ethereum co-founder Vitalik Buterin has pledged to donate all Layer 2 (L2) tokens he holds to support public goods within the Ethereum ecosystem or broader charitable causes. This announcement comes…

Continue ReadingVitalik Buterin Pledges L2 Tokens to Support Public Goods in the Ethereum Ecosystem

Vaneck Reveals Plans to Close Ethereum Futures ETF

On Sept. 6, Vaneck announced its decision to close and liquidate the Vaneck Ethereum Strategy exchange-traded fund (EFUT). The liquidation comes after evaluating key factors, including performance and investor interest.…

Continue ReadingVaneck Reveals Plans to Close Ethereum Futures ETF

Ethereum Underperforms Bitcoin 2 Years After The Merge, According to Cryptoquant Data

Ethereum has underperformed bitcoin by 44% since The Merge, according to research from Cryptoquant. Despite significant upgrades and the recent approval of ethereum spot exchange-traded funds (ETFs), the cryptocurrency continues…

Continue ReadingEthereum Underperforms Bitcoin 2 Years After The Merge, According to Cryptoquant Data

Crypto Prices Plummet, Trump v. Harris Developments, and More: This Week’s Recap

The total cryptocurrency market capitalization has declined by more than $110 billion during the last seven days. This continues the broader negative trend that’s engulfed the industry in the past…

Continue ReadingCrypto Prices Plummet, Trump v. Harris Developments, and More: This Week’s Recap

Bitcoin ETFs Lose $211 Million as Ethereum Funds See Modest Outflows

Thursday’s trading session saw spot bitcoin exchange-traded funds (ETFs) experienced outflows totaling $211.15 million, while ethereum ETFs faced a much smaller decline of $152,720. $211 Million Exits Bitcoin ETFs, Ethereum…

Continue ReadingBitcoin ETFs Lose $211 Million as Ethereum Funds See Modest Outflows