ETH

The cryptocurrency market is experiencing a slight dip that has affected the majority of the top altcoins, including Ethereum and Binance Coin. Both the coins were in the process of testing new highs, but, in the last two weeks, have come under intense pressure from the bears. On the other hand, Rollblock is still performing very well in the market with its blockchain ICO. It has sold out the first and second stages of its presale and is now at…

The United States Securities and Exchange Commission is dropping its investigation into whether ETH is a security, which is a major win for the crypto industry. The Securities and Exchange Commission’s decision came after Consensys sent the commission a letter requesting clarification on Ether’s category in the approval of spot Ethereum ETFs. SEC Closes Investigation Into Ethereum The decision was announced by Consensys, with the company stating that the Securities and Exchange Commission’s Enforcement Division had notified the company it…

The post Crypto Market Surge As Ethereum (ETH) Delcared As Commodity By SEC, Ends Investigation! appeared first on Coinpedia Fintech News Despite the market leader, the BTC price recorded a correction of 0.51% within the past day, the Ethereum token has surged 3.26% in valuation following the conclusion of the ongoing investigation by the SEC. Furthermore, top Ethereum-based tokens have displayed a similar trend by adding significant valuation in their respective portfolio. Notably, at the time of writing, the price…

The post Ethereum Price Prediction: Will ETH Price Hit $4,000 In June?  appeared first on Coinpedia Fintech News With a sudden price jump, Ethereum spearheads the next phase of an uptrend in the altcoins. As the ETH price jumps by 2.30%, the top altcoins and especially meme coins display massive recovery today.  The intraday recovery action after a bearish patch reveals a potential trend reversal entry opportunity. With sideline traders ready to buy the dip, the bull run can continue…

The post Remilia DAO Hack: $4.3 Million in Stolen ETH Traced to Tornado Cash appeared first on Coinpedia Fintech News The decentralized organization Remilia DAO, known for its Milady Maker NFT collection, has faced a severe setback with its recent hack. According to blockchain analysis firm CertiK, over $4.3 million in stolen cryptocurrency has been traced to the illicit mixer, Tornado Cash. CertiK revealed through a tweet today that 1,209.5 Ether (ETH), valued at approximately $4.3 million, was transferred to…

Bloomberg ETF analyst Eric Balchunas has revised his prediction, suggesting Ethereum ETFs could start trading as early as July 2. The expedited launch of Ethereum ETFs aligns with comments from Nate Geraci, President of ETF Store, who said that the groundwork by the SEC is almost complete. Crypto investors could soon gain access to Ethereum ETFs sooner than anticipated, according to Bloomberg ETF analyst Eric Balchunas. He has revised his earlier prediction, suggesting that these exchange-traded funds could start trading…

The Ethereum Foundation is again in the news following its recent transaction involving millions of Ethereum (ETH) tokens. The non-profit organization’s Ethereum transactions are always significant, considering the impact they usually have on the second-largest crypto token.  Ethereum Foundation Transfers $64.4 Million Worth Of ETH Crypto journalist Colin Wu revealed in an X (formerly Twitter) post that a wallet (0x8e…D052) linked to the Ethereum Foundation transferred 18,089 ETH ($64.4 million) to a new address (0x87…D812). On-chain data shows that the…

Investors are bullish on Ethereum as the industry awaits the launch of Spot Ethereum ETFs. This sentiment is relayed through the recent expiration of Ethereum options contracts and the put-call ratio. According to data, over 200,000 ETH options recently expired, and the crypto community eagerly awaits the direction of the Ethereum price. Notably, the majority of the expiring ETH options are call options, meaning buyers are betting the price will rise. At the same time, the put-call ratio is at…

The post Top Altcoins Set For 10x – 20x Profits In Q4 2024 With ETH ETF Launch! appeared first on Coinpedia Fintech News The crypto market has recorded a strong bearish price action over the past week, indicating an increase in the negative sentiment. Furthermore, top crypto tokens have experienced significant corrections in their respective portfolios, highlighting uncertainty in future price action. On the other hand, the mid-cap and low-cap altcoins have experienced massive price action with many tokens recording…