Ethereum

Ethereum price failed to clear the $3,500 resistance zone. ETH is consolidating above the $3,380 support and might attempt another increase. Ethereum is correcting gains and struggling near the $3,500 zone. The price is trading above $3,380 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,375 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise unless there is a close below the $3,350 support.…

As the highly anticipated launch date of spot Ethereum ETFs approaches, Matt Hougan, Chief Investment Officer of crypto asset manager Bitwise, has stressed the potential for these ETF inflows to drive the Ethereum price to record highs.  In a recent client note, Hougan highlighted the significant impact that ETF flows could have on the Ethereum price, surpassing even the effects witnessed in the spot Bitcoin ETF market in the US.  Ethereum ETFs Poised To Surpass Bitcoin’s Impact?  Hougan confidently predicts…

The post XRP and Ethereum Skyrocket – Don’t Miss Out! appeared first on Coinpedia Fintech News Get insights into the potential trajectory of XRP and Ethereum prices, along with the lucrative investment opportunity presented by Pawfury. Analysts foresee bullish trends for XRP and Ethereum, with Pawfury (PAW) showing promising returns and high-yield staking rewards. Read on for a comprehensive market analysis. Market Analysis: Insights into XRP, Ethereum, and Pawfury Investment Prospects An in-depth analysis examines the potential trajectory of XRP…

The post 21Shares Set to Shake Up Crypto Market with Spot Ethereum ETF Launch on July 23 appeared first on Coinpedia Fintech News In a highly anticipated move, 21Shares has submitted an amended S-1 form for its Spot Ethereum ETF, revealing crucial details about the Trust’s operations and fees. This announcement, made on Wednesday, July 17, sets the stage for what could be a significant development in the crypto investment world. Sponsor Fee and Market Positioning 21Shares Core Ethereum Trust…

Ethereum has so far witnessed intensified attention from the crypto community following the swirling reports of the likely launch of Ethereum spot exchange-traded-funds (ETFs) next week. Of those giving the asset increasing attention is Peter Brandt, a veteran trader who has recently shared exciting insights into Ethereum’s price action. Renowned for his decades-long track record in financial markets, the veteran trader has provided Ethereum’s highly optimistic technical analysis. Through his analysis of Ethereum’s price movements, Brandt predicts a potential surge…

Ethereum price remained stable above the $3,400 resistance zone. ETH again tested $3,500 and seems to be struggling to continue higher. Ethereum is holding gains and struggling near the $3,500 zone. The price is trading above $3,400 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,350 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it clears the $3,500 and $3,550 resistance levels.…

At spot rates, Bitcoin and top altcoins like Ethereum and Solana continue to edge higher. Despite the retracement earlier today, BTC is firm and trending above the $60,000 psychological round number. At the same time, ETH and SOL prices are firm above $3,300 and $155. Bitcoin, Crypto Prices Rising Though Liquidity Is Low One analyst has picked out an anomaly as crypto and altcoin prices push higher, recovering after the June and early July drawdown. Taking to X, one observer…

Ethereum (ETH) is up in the last 24 hours. This is thanks to a recent development suggesting that the Spot Ethereum ETFs are set to launch anytime soon. These funds are expected to positively impact ETH’s price, with the second-largest crypto token poised to reach new highs.  Why ETH Is Up Today Ethereum experienced a price surge following Bloomberg analyst Eric Balchunas’ revelation that the Spot Ethereum ETFs could begin trading by July 23. Balchunas mentioned in an X (formerly…

The post Ethereum ETF Launch Date Confirmed: SEC Greenlights Trading for July 23 appeared first on Coinpedia Fintech News The Securities and Exchange Commission (SEC) has given the green light to issuers of spot Ethereum (ETH) exchange-traded funds (ETFs), allowing these funds to begin trading next Tuesday. This is the moment for ETH to enter the market with a probability of higher adoption. Here’s the insight into today’s mega update.  Ethereum ETF Launch Update: Nate's instincts were right, hearing SEC…