ETH

The Bitcoin (BTC) price fell as low as $58,474 on Monday as it shuttled between its support and resistance levels. BTC has been gradually falling towards its support level after failing to break past resistance. Whether sellers can push BTC below its support level and completely take control of the market remains to be seen. BTC Whales Cautious Bitcoin whales have become a cautious lot since the asset slipped below its support level on Friday (June 21). Data from Santiment…

The post Ethereum Faces Over $80 Million in Liquidations as Whale Transactions Decline! What’s Next for ETH Prices? appeared first on Coinpedia Fintech News Today, the cryptocurrency market faced a lot of selling, causing the price of Bitcoin to fall sharply below important support levels and head toward a low of $59,000. This drop was triggered by an announcement from Mt. Gox about starting repayments, which led to fears of more selling. At the same time, the price of Ethereum…

Ethereum is tracking lower when writing, sinking roughly 18% from March 2024 highs. Even though bears appear to be in control at spot rates, keeping the second most valuable coin below $3,700, confidence is high among analysts. ETH Futures Open Interest Rising On CME Taking to X, one of them noted that there are solid signs that institutions are positioning themselves to push prices higher. Citing rising open interest in Ethereum Futures at CME, a bourse, the analyst said it…

Bitcoin (BTC) has registered a considerable decline over the past couple of weeks, dropping from $71,119 to its current price level of $62,356. Over the past week, the asset has fallen by nearly 6%. According to analysts, the cryptocurrency is gradually dropping toward its support level. They urged traders not to fall prey to factors such as boredom or mini pumps and dumps.  Bitcoin (BTC) Price Analysis Bitcoin has been on a downward trajectory since June 6, after its price…

The post Bank Of Zurich To Offer BTC and ETH, Is A Spike Incoming? Which Coins Can Follow? appeared first on Coinpedia Fintech News The Cantonal Bank of Zürich (ZKB) shared plans to offer Bitcoin (BTC) and Ethereum (EHH). The Zug, St. Gallen and Lucerne cantonal banks have been offering services for cryptocurrencies for a total of six months, and if ZKB also joins, it could greatly expand how traditional finance embraces crypto in the country.  According to well-informed sources,…

Ethereum (ETH) is currently down by 0.75% as its price continues a range-bound movement seen all week. However, in its monthly timeframe, the most prominent altcoin displays a concerning performance with a reported loss of 6.40% according to data from CoinMarketCap.  However, popular crypto analyst Ali Martinez has picked up a notable development on the Ethereum network which could spell good fortunes for price action in the coming days. Ethereum Active Addresses Soar To 3-Month High At 617,170 In an…

This week's major news is that the SEC is bowing out of its investigation into Ethereum. The regulatory agency has, for now, dropped its attempts to categorize ETH as a security thanks to the pressure put on it by Ethereum developer Consensys. Despite the SEC’s dropping of the investigation, Consensys has decided to proceed with the lawsuit against the regulatory agency. Let’s find out more.  Bitcoin UK-based Standard Chartered is officially establishing a spot Bitcoin and Spot Ethereum trading desk.…

Popular crypto analyst Credible Crypto predicts that the SEC backing off Ethereum is the last nail in the coffin for bears with the altcoin readying for a new all-time high. The analyst expects ETH to reach $5,000 and further predicts that Bitcoin (BTC) will reach $100,000 in this bull cycle. Ethereum (ETH) is one of the most closely watched cryptocurrencies in the upcoming bull market. Popular crypto analyst Credible Crypto who has risen to prominence due to his uncanny predictions…

The post Spot ETH ETF Applicants Submit Updated S-1 Documents appeared first on Coinpedia Fintech News Bloomberg ETF analyst Eric Balchunas revealed documents that showed eight spot Ethereum ETF applicants, including Bitwise, Fidelity, VanEck, Franklin, 21Shares, Grayscale, BlackRock, and Invesco have submitted updated versions of their S-1 documents. As per the documents submitted by the companies, Franklin has set its Ethereum ETF fees at 0.19% while VanEck has set it at 0.2%, and Blackrock disclosed a $10 million seed investment.…