Spot Ethereum ETFs Exhibit Similar Trend To Spot Bitcoin ETFs, Market Expert Observes
https://bitcoinist.com/spot-ethereum-etfs-mirrors-price-impact-to-bitcoin/
The historical Spot Ethereum Exchange-Traded Funds (ETFs) are currently seeing a negative sentiment, which is believed to be mimicking the negative trend seen with that of the Spot Bitcoin ETFs on BTC’s price following its inception in January of this year. Their respective ETFs have seen decreased inflows and deteriorating performance, closely mirroring each other […]
https://bitcoinist.com/spot-ethereum-etfs-mirrors-price-impact-to-bitcoin/
The historical Spot Ethereum Exchange-Traded Funds (ETFs) are currently seeing a negative sentiment, which is believed to be mimicking the negative trend seen with that of the Spot Bitcoin ETFs on BTC’s price following its inception in January of this year. Their respective ETFs have seen decreased inflows and deteriorating performance, closely mirroring each other […]
Ethereum Rockets Forward With 3.3% Network Growth While Bitcoin Goes Stale
https://bitcoinist.com/ethereum-rockets-forward-3-3-network-growth-bitcoin/
On-chain data shows Ethereum has notably outpaced Bitcoin in terms of adoption during the last three months, a sign that could be positive for ETH. Ethereum Has Seen Its Holder Count Go Up By 3.3% In Last Three Months According to data from the on-chain analytics firm Santiment, Ethereum has continued to separate itself from […]
https://bitcoinist.com/ethereum-rockets-forward-3-3-network-growth-bitcoin/
On-chain data shows Ethereum has notably outpaced Bitcoin in terms of adoption during the last three months, a sign that could be positive for ETH. Ethereum Has Seen Its Holder Count Go Up By 3.3% In Last Three Months According to data from the on-chain analytics firm Santiment, Ethereum has continued to separate itself from […]
Week in Ethereum News September 7, 2024
https://weekinethereumnews.com/week-in-ethereum-news-september-7-2024/
https://weekinethereumnews.com/week-in-ethereum-news-september-7-2024/
Week in Ethereum News
Week in Ethereum News September 7, 2024
VanEck Shuts Down Ethereum Futures ETF Amidst Struggling Market Conditions
https://bitcoinist.com/vaneck-shuts-down-ethereum-futures-etf/
On Friday, asset management firm and exchange-traded fund (ETF) issuer VanEck announced its decision to liquidate its Ethereum Futures ETF (EFUT). According to the official release, shareholders will have the opportunity to sell their shares on the fund’s listing exchange until market close on September 16, 2024. After that date, the shares will no longer […]
https://bitcoinist.com/vaneck-shuts-down-ethereum-futures-etf/
On Friday, asset management firm and exchange-traded fund (ETF) issuer VanEck announced its decision to liquidate its Ethereum Futures ETF (EFUT). According to the official release, shareholders will have the opportunity to sell their shares on the fund’s listing exchange until market close on September 16, 2024. After that date, the shares will no longer […]
Ethereum Slips To $2,350 As Whales Make Exchange Inflows Worth $751 Million
https://bitcoinist.com/ethereum-slips-to-2350-whales-exchange-751-million/
Ethereum has witnessed a drop towards the $2,350 level as on-chain data reveals the whales have been making large exchange inflows recently. Ethereum Exchange Netflows Have Been Positive Recently According to data from the market intelligence platform IntoTheBlock, the ETH Exchange Netflow has been positive recently. The “Exchange Netflow” here refers to an on-chain indicator […]
https://bitcoinist.com/ethereum-slips-to-2350-whales-exchange-751-million/
Ethereum has witnessed a drop towards the $2,350 level as on-chain data reveals the whales have been making large exchange inflows recently. Ethereum Exchange Netflows Have Been Positive Recently According to data from the market intelligence platform IntoTheBlock, the ETH Exchange Netflow has been positive recently. The “Exchange Netflow” here refers to an on-chain indicator […]
VC Blasts Ethereum and Layer-2s, Endorses Dash: Here’s Why
https://bitcoinist.com/vc-blasts-ethereum-layer-2s-endorses-dash/
While Ethereum developers are working hard to develop on-chain scaling solutions, including Sharding, layer-2s is picking up steam. According to L2Beat, as of September 6, all these layer-2 scaling solutions managed nearly $34 billion. Popular as they are, most are not only emerging to be centralized but also have security concerns. Recently, the OP Mainnet […]
https://bitcoinist.com/vc-blasts-ethereum-layer-2s-endorses-dash/
While Ethereum developers are working hard to develop on-chain scaling solutions, including Sharding, layer-2s is picking up steam. According to L2Beat, as of September 6, all these layer-2 scaling solutions managed nearly $34 billion. Popular as they are, most are not only emerging to be centralized but also have security concerns. Recently, the OP Mainnet […]
WisdomTree Files To Withdraw Ethereum Trust Registration Statement – Details
https://bitcoinist.com/wisdomtree-files-to-withdraw-ethereum-trust/
American investment company WisdomTree has requested to withdraw its Ethereum Trust registration statement three years after submission to the US Securities and Exchange Commission (SEC). This development comes a few hours after fellow asset manager VanEck closed down its Ethereum futures ETF citing a lack of demand. Related Reading: Bitcoin ETF Issuer WisdomTree Introduces Prime […]
https://bitcoinist.com/wisdomtree-files-to-withdraw-ethereum-trust/
American investment company WisdomTree has requested to withdraw its Ethereum Trust registration statement three years after submission to the US Securities and Exchange Commission (SEC). This development comes a few hours after fellow asset manager VanEck closed down its Ethereum futures ETF citing a lack of demand. Related Reading: Bitcoin ETF Issuer WisdomTree Introduces Prime […]
Ethereum Network Growth Hits Highest Level In 4 Months, Will Price Follow?
https://bitcoinist.com/ethereum-network-growth-price/
While numerous cryptocurrencies are experiencing significant downturns due to broader market volatility, the Ethereum (ETH) network is experiencing a substantial growth surge, hitting its highest levels in four months. This notable uptick has sparked speculations about the possibility of a subsequent price increase. Ethereum Network Sees Explosive Growth In an X (formerly Twitter) post on […]
https://bitcoinist.com/ethereum-network-growth-price/
While numerous cryptocurrencies are experiencing significant downturns due to broader market volatility, the Ethereum (ETH) network is experiencing a substantial growth surge, hitting its highest levels in four months. This notable uptick has sparked speculations about the possibility of a subsequent price increase. Ethereum Network Sees Explosive Growth In an X (formerly Twitter) post on […]
Traders Pulling From ETH Derivative Exchanges: What’s Next For Ethereum?
https://bitcoinist.com/traders-pulling-eth-whats-next-for-ethereum/
Ethereum remains under pressure at press time, looking at the formation in the daily chart. In summary, ETH is stable on the last day but down 9% in the last week of trading. Of note, there has been a drastic drop in trading volume over the past few days. Overall, traders are upbeat, expecting prices […]
https://bitcoinist.com/traders-pulling-eth-whats-next-for-ethereum/
Ethereum remains under pressure at press time, looking at the formation in the daily chart. In summary, ETH is stable on the last day but down 9% in the last week of trading. Of note, there has been a drastic drop in trading volume over the past few days. Overall, traders are upbeat, expecting prices […]
Ethereum (ETH) Bounces From $2,200 Low After Network Growth Hits 4-Month High
https://bitcoinist.com/ethereum-eth-bounces-from-2200-low-after-network-growth-hits-4-month-high/
Ethereum has surged 10% since last Friday, marking a notable bounce as the crypto market reacts to local demand levels. Despite this uptick, ETH has been lagging behind Bitcoin and other altcoins in recent months. Related Reading: Are Bitcoin (BTC) Whales Preparing for A Big Move? Key Report Sheds Light Key data from Santiment, however, […]
https://bitcoinist.com/ethereum-eth-bounces-from-2200-low-after-network-growth-hits-4-month-high/
Ethereum has surged 10% since last Friday, marking a notable bounce as the crypto market reacts to local demand levels. Despite this uptick, ETH has been lagging behind Bitcoin and other altcoins in recent months. Related Reading: Are Bitcoin (BTC) Whales Preparing for A Big Move? Key Report Sheds Light Key data from Santiment, however, […]
Ethereum Whales Increase Supply Share, Now Control 43% Of All ETH
https://bitcoinist.com/ethereum-whales-increase-supply-control-43-eth/
On-chain data shows the Ethereum Whales have continued to accumulate more cryptocurrency as their supply share has risen. Ethereum Whales Now Hold Around 43% Of The Entire Supply In a new post on X, the market intelligence platform IntoTheBlock shared an update on how the Ethereum supply concentration has been looking for the major holder […]
https://bitcoinist.com/ethereum-whales-increase-supply-control-43-eth/
On-chain data shows the Ethereum Whales have continued to accumulate more cryptocurrency as their supply share has risen. Ethereum Whales Now Hold Around 43% Of The Entire Supply In a new post on X, the market intelligence platform IntoTheBlock shared an update on how the Ethereum supply concentration has been looking for the major holder […]
Ethereum Revenue Falls To A 4 Year Low: Why Dismissing ETH Now Is Wrong
https://bitcoinist.com/ethereum-revenue-falls-dismissing-eth-now-wrong/
Ethereum is under pressure at spot rates. As of September 12, the second most valuable coin struggled for momentum and stuck below $2,400. The daily chart shows that ETH is selling off steadily, and the zone between $2,400 and $2,800 is proving to be a strong liquidation region. Ethereum Revenue Falls To May 2020 Levels […]
https://bitcoinist.com/ethereum-revenue-falls-dismissing-eth-now-wrong/
Ethereum is under pressure at spot rates. As of September 12, the second most valuable coin struggled for momentum and stuck below $2,400. The daily chart shows that ETH is selling off steadily, and the zone between $2,400 and $2,800 is proving to be a strong liquidation region. Ethereum Revenue Falls To May 2020 Levels […]
Bitcoin Vs. Ethereum: Legendary Analyst Says He’s ‘Pretty Confident’ ETH Will Outperform
https://bitcoinist.com/bitcoin-ethereum-outperform-2/
Legendary crypto analyst, Benjamin Cowen has expressed confidence that Ethereum (ETH), the world’s largest altcoin, could outperform Bitcoin (BTC) soon. This optimistic projection comes as both leading cryptocurrencies experience significant price fluctuations, however, Cowen foresees Ethereum’s current downtrend concluding by year’s end, setting the stage for a resurgence. Ethereum On Track To Outperform Bitcoin In […]
https://bitcoinist.com/bitcoin-ethereum-outperform-2/
Legendary crypto analyst, Benjamin Cowen has expressed confidence that Ethereum (ETH), the world’s largest altcoin, could outperform Bitcoin (BTC) soon. This optimistic projection comes as both leading cryptocurrencies experience significant price fluctuations, however, Cowen foresees Ethereum’s current downtrend concluding by year’s end, setting the stage for a resurgence. Ethereum On Track To Outperform Bitcoin In […]
4844 Data Challenge: Insights and Winners
https://blog.ethereum.org/en/2024/09/13/4844-data-challenge
In March 2024, the Ethereum network underwent a significant upgrade with the implementation of EIP-4844, an essential part of the Dencun hardfork, aimed at bolstering Ethereum’s role as a data availability layer. This upgrade introduced "blobs" of data, dramatically enhancing the scalability of Layer 2 solutions by increasing data availability...
https://blog.ethereum.org/en/2024/09/13/4844-data-challenge
In March 2024, the Ethereum network underwent a significant upgrade with the implementation of EIP-4844, an essential part of the Dencun hardfork, aimed at bolstering Ethereum’s role as a data availability layer. This upgrade introduced "blobs" of data, dramatically enhancing the scalability of Layer 2 solutions by increasing data availability...
Week in Ethereum News September 14, 2024
https://weekinethereumnews.com/week-in-ethereum-news-september-14-2024/
https://weekinethereumnews.com/week-in-ethereum-news-september-14-2024/
Week in Ethereum News
Week in Ethereum News September 14, 2024
Ethereum Remains Top DEX Chain With 35% Dominance: Can Others Challenge This?
https://bitcoinist.com/ethereum-remains-top-dex-chain-with-35-dominance-can-others-challenge-this/
Ethereum is struggling to break through key resistance levels, even after the recent crypto market surge led by Bitcoin. While ETH’s price remains under pressure, there’s encouraging news for investors. Recent data from IntoTheBlock highlights Ethereum’s continued dominance in decentralized exchange (DEX) volume, reinforcing its position as a major player in the DeFi space. Related […]
https://bitcoinist.com/ethereum-remains-top-dex-chain-with-35-dominance-can-others-challenge-this/
Ethereum is struggling to break through key resistance levels, even after the recent crypto market surge led by Bitcoin. While ETH’s price remains under pressure, there’s encouraging news for investors. Recent data from IntoTheBlock highlights Ethereum’s continued dominance in decentralized exchange (DEX) volume, reinforcing its position as a major player in the DeFi space. Related […]
Only 61% Of Ethereum Addresses In Profit Now: How It Compares With Past Bear Markets
https://bitcoinist.com/only-61-ethereum-addresses-profit-past-bear-markets/
Data shows just 61% of Ethereum holders have been left in profit after the recent bearish action. Here’s how it compares with past bear markets. Ethereum Holders In Profit Have Registered A Notable Drop Recently In a new post on X, the market intelligence platform IntoTheBlock has discussed how the Ethereum investor profitability has been […]
https://bitcoinist.com/only-61-ethereum-addresses-profit-past-bear-markets/
Data shows just 61% of Ethereum holders have been left in profit after the recent bearish action. Here’s how it compares with past bear markets. Ethereum Holders In Profit Have Registered A Notable Drop Recently In a new post on X, the market intelligence platform IntoTheBlock has discussed how the Ethereum investor profitability has been […]
Ethereum’s Average Staker Revenue Drops Sharply As Network Activity Declines
https://bitcoinist.com/ethereums-average-staker-revenue-drops-sharply/
The Ethereum network, one of the leading blockchain solutions has once again taken a hit as the network’s average staker revenue over the past few days has witnessed a sharp decline, indicating a decrease in users’ or stakers’ interest and engagement. Ethereum’s Stakers Face Dimishied Returns In a negative development, the average revenue of Ethereum’s […]
https://bitcoinist.com/ethereums-average-staker-revenue-drops-sharply/
The Ethereum network, one of the leading blockchain solutions has once again taken a hit as the network’s average staker revenue over the past few days has witnessed a sharp decline, indicating a decrease in users’ or stakers’ interest and engagement. Ethereum’s Stakers Face Dimishied Returns In a negative development, the average revenue of Ethereum’s […]
ETH Is The Key To The Decentralized Ethereum Ecosystem, Market Expert Claims
https://bitcoinist.com/eth-is-the-key-to-the-ethereum-ecosystem/
As the Ethereum ecosystem continues to evolve, it is crucial to understand how to navigate the decentralized environment. However, a market expert offering insights on the subject has disclosed that Ether (ETH) is the key to exploring the ecosystem, suggesting that holding the altcoin is crucial for those aspiring to get on board. Significance Of […]
https://bitcoinist.com/eth-is-the-key-to-the-ethereum-ecosystem/
As the Ethereum ecosystem continues to evolve, it is crucial to understand how to navigate the decentralized environment. However, a market expert offering insights on the subject has disclosed that Ether (ETH) is the key to exploring the ecosystem, suggesting that holding the altcoin is crucial for those aspiring to get on board. Significance Of […]
Ethereum’s Ecosystem Remains The Top Dog In Crypto, Data Shows
https://bitcoinist.com/ethereums-ecosystem-remains-crypto-data-shows/
Data shows the Ethereum ecosystem has continued to remain number one in terms of development activity, ahead of the likes of BNB and Polygon. Ethereum Ecosystem Saw 0.8% Growth Over Past Year In a new post on X, the analytics firm Santiment has discussed how the growth in the development activity for the various cryptocurrency […]
https://bitcoinist.com/ethereums-ecosystem-remains-crypto-data-shows/
Data shows the Ethereum ecosystem has continued to remain number one in terms of development activity, ahead of the likes of BNB and Polygon. Ethereum Ecosystem Saw 0.8% Growth Over Past Year In a new post on X, the analytics firm Santiment has discussed how the growth in the development activity for the various cryptocurrency […]