Ether started the year strongly but began tapering off in mid-March. However, the altcoin began picking up momentum in mid-May amid anticipation of the approval of spot Ether exchange-traded funds (ETFs) in the United States. Although ETH has trailed Bitcoin since Jan. 1, it has outperformed the flagship cryptocurrency since spot Ether ETFs received official approval from the Securities and Exchange…
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Ether’s price performance is hindered by stagnant network use, high fees and regulatory uncertainty. The Ethereum spot exchange-traded fund (ETF) was approved by the U.S. Securities and Exchange Commission (SEC) on May 23. Despite this long-awaited decision, the price of Ether failed to hold above $3,800 on May 24, which was surprising given that ETH was…
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Eclipse founder and CEO Neel Somani said he would “work to clear my name and defend myself” and will move away from a public-facing role at the firm. Ethereum layer 2 blockchain Eclipse founder and CEO Neel Somani says he is “temporarily reducing” his role as a “public face” for the firm as he faces…
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ETH derivatives data shows pro traders’ appetite for risk declining, placing pressure on the $3,000 support level. Ether price plummeted by 21% between April 9 and April 14, hitting a 50-day low. Although it has recouped some of its losses, Ether continues to show signs of weakness following a failed attempt to breach the $3,200…
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ETH price nears the $4,000 level, but derivatives data points to a slightly overheated market. Ether (ETH) bulls are on a roll after the altcoin’s price surged by 13% in 7 days, reaching the $3,900 level for the first time since December 2021. The current $456 billion market capitalization distances Ether from its competitors. However,…
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Key Points: Yuga Labs and Magic Eden team up for a fairer NFT marketplace, prioritizing creator royalties. Yuga Labs takes a stand, refusing to work with marketplaces not supporting all creator royalties. Magic Eden Ethereum marketplace offers innovative features, as Yuga Labs focuses on protecting creators. Yuga Labs, a prominent player in the NFT space,…
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Key Points The Federal Reserve’s recent meeting showed cautious optimism about the economy, indicating no rush to lower interest rates. Ethereum staking has emerged as a significant trend in the crypto market, with the ETH stake rate doubling since the beginning of 2023. StarkWare has changed the vesting schedule for $STRK tokens, aiming to reduce…
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ETH bulls call for $3,000 as the next stop for Ether, but the altcoin corrected by 46% the last time it traded above this level. Ether price has been on an upward trend for the past 10 days, accumulating gains of 21.5% during this period as it flirts with the $2,800 level. The bullish momentum in…
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Key Points: Ethereum Geth upgrade v1.13.12 was released ahead of the March 13 mainnet update, addressing the miner tip enforcement bug. Geth remains a leading Ethereum client, facilitating seamless interaction with the blockchain for developers, investors, and users. Ethereum Geth client software has rolled out a significant upgrade, introducing a plethora of new features and…
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The ETH prospects premium arrived at its most reduced level since November 2023, yet verifiable proof focuses to a purchasing a valuable open door. Ether ETH financial backers might be disheartened because of the 12.5% drop in the beyond three weeks, yet will a more profound gander at the resource’s information give more expectation or…
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