Ethereum

Franklin Templeton, a leading US asset management firm, has filed an application with the Securities and Exchange Commission (SEC) to launch a Crypto Index Exchange-Traded Fund (ETF). This move highlights growing institutional interest in crypto ETFs, particularly those involving assets like Bitcoin. Franklin Templeton’s Crypto Index ETF Reflects Growing Institutional Interest On August 16, Franklin Templeton submitted its application to introduce the “Franklin Crypto Index ETF,” aiming to offer investors diversified exposure to multiple cryptocurrencies. Initially, the index will focus…

The cryptocurrency market is filled with new opportunities, but it takes a seasoned eye to spot the next big thing before it explodes. A top crypto trader on X, who accurately predicted the approval of spot Ethereum ETFs in the U.S., has recently made bullish comments about PEPE rival MoonTaurus (MNTR). The trader mentioned having a "good feeling" about the meme coin following remarkable success in its ongoing presale, including a 100% spike as the presale entered its second phase.…

Ethereum (ETH) price has struggled amid another market shakeout. The second-largest cryptocurrency by market capitalization fell below the $2,600 support zone for the third time in the past week, prompting crypto analysts to evaluate the next levels to watch out. ETH’s Key Support Zone To Watch Out The crypto market has seen several retraces throughout the cycle, with cryptocurrencies like Ethereum significantly decreasing from its Q3 opening. Since July 1, the “king of altcoins” has seen a 24% drop from…

The post Ripple (XRP) Gears Up for Biggest Breakout Ever Says Top Trader Pushing Ethereum Tokens Higher appeared first on Coinpedia Fintech News Following a recent turn of positive events, Ripple (XRP) is on the verge of a potential breakout, according to a top trader. As a result, many investors are monitoring the live crypto market, speculating on the ripple effect this could have across the crypto space, even on Ethereum tokens like RCO Finance (RCOF).  The coming days could…

Ethereum and Shiba Inu have both maintained a steady course in recent days, with Ethereum’s price hovering above $2,700 and Shiba Inu holding around $0.0000138. However, all eyes are now on MoonTaurus (MNTR), a new entrant in the meme coin market. MoonTaurus has captured investor interest with an expected 1300% surge ahead of its upcoming launch. Steady Markets for Ethereum and Shiba Inu Ethereum, the second-largest cryptocurrency by market cap, has been resilient despite the volatility seen across the crypto…

While Ethereum hasn’t been quite consistent with its bullish trajectory in the past weeks, its circulating supply has done the opposite. According to data from Ultrasoundmoney, ETH’s circulating supply has skyrocketed to over 120.72 million ETH as of today. Although this increase in supply is not straightforwardly negative for ETH, it still marks a notable shift in the network’s dynamics, fuelled largely by adopting Ethereum’s proof-of-stake (PoS) model. Supply Increase, How And Why? The surge in Ethereum’s total supply to…

Despite the launch of the Spot Ethereum ETFs, the $ETH price has continued to seriously underperform Bitcoin, as well as many of the large cap altcoins. Is this about to change? Ethereum still the dominant layer 1 for smart contracts Ethereum (ETH) was a poster child of the last bull market. It’s the number 2 cryptocurrency by market cap, and the heir apparent to become the foremost layer 1 blockchain for the majority of future dApps. However, changing from proof-of-work…

The post Ethereum Price Analysis: Here’s Why ETH Bulls Are Falling Short of Strength as Bearish Targets Get Activated appeared first on Coinpedia Fintech News The crypto markets appear to have initiated a recovery after hitting the monthly lows, while the bulls do not seem to have geared up. The top tokens, like Bitcoin & Ethereum, are facing immense bearish pressure soon after a small rise, which indicates the sellers are extremely focused on extracting profits. The ETH price, too,…

The post Six Ethereum Spot ETFs Display A Neutral Outflow, Grayscale’s “ETHE” Loses $42.5 Million! appeared first on Coinpedia Fintech News Reportedly, over the past 24 hours, only 2 out of 9 ETH ETFs have recorded a positive inflow. Fidelity’s “FETH” recorded the highest inflow of $2.5 Million, followed by Blackrock’s “ETHA” with $0.8 Million. Notably, 6 out of 9 ETFs which are Bitwise, 21 Shares, Invesco, VanEck, Franklin, and Grayscale’s “ETH” have recorded a neutral flow. On the other…