The price of ether (ETH) has plummeted more than 20% in the past month despite the launch of spot Ethereum exchange-traded funds (ETFs) in the United States. Since their inception, the funds have witnessed substantial outflows, further weakening ether’s price. According to the latest edition of the Bitfinex Alpha report, …
ethereum merge
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Ethereum’s 40% post-ETF drop is an expected ‘sell-the-news’ reaction – Bitfinex
by Gino Matosby Gino MatosBitfinex analysts said Ethereum’s (ETH) 40% decline following the launch of spot ETH exchange-traded funds (ETFs) in the US is an expected “sell-the-news” reaction. According to the latest edition of the “Bitfinex Alpha” report, Ethereum ETFs are facing substantial challenges as significant outflows continue to weigh heavily on Ether’s performance, …
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Early employees of startups are often given shares as part of their compensation, which they can sell when the company goes public. Revolut may be aiming to allow employees to cash out their holdings while giving the fintech firm’s valuation a boost ahead of an IPO. Umee CEO on DeFi …
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We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Ethereum has gotten a celebratory boost in otherwise fallow markets after it was announced late yesterday …
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In the fast-paced world of cryptocurrency trading, May has proven to be a month of extreme highs and lows. First, there was excitement over the news of the first Ethereum Spot ETF approval by the SEC, sending shockwaves through the crypto world. But just as quickly, prices dived, bringing back …
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Blockchain software company Consensys has firmly positioned itself against the SEC‘s reconsideration in light of these events. Here are four compelling reasons supporting why Ethereum should not be deemed a security. 1. In 2018, William Hinman, then Director of the Division of Corporation Finance at the SEC, made a significant …
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The crux of the matter centers on the SEC’s recent moves to classify Ethereum, the world’s second-largest cryptocurrency by market capitalization, as a security. The Case Against Ethereum as a Security Consensys argues that this regulatory attempt is an overreach that stifles innovation and harms developers, investors, and the broader …
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Ether Could See Price Correction After Dencun Upgrade, QCP Capital Says
by Sam Reynoldsby Sam ReynoldsQCP Capital warns of a potential price correction for Ether despite its recent surge past $4,000, noting a shift in market sentiment and a low probability of a spot ether ETF approval in the near future. The firm remains cautiously optimistic about Ether’s long-term potential, citing the possibility of price …
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Ethereum Explorer beaconcha.in reveals 8,799 aspiring validators who could, when added to the network, take the number of validators closer to one million. No validators intend leaving the network. Validators Crowd For Restaking Potential In the past week, the amount of ETH staked on the network reached $1.24 billion. The …
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The weekly RSI is giving a signal that preceded a parabolic ETH increase in the previous market cycle. Will Ethereum Accelerate Increase? The ETH price has increased gradually since falling to a low of $880 in June 2022. The upward movement was constrained by an ascending resistance trend line, which …