Ethereum ETF: John Glover's opinion on the imminent impact on the crypto market
Altcoins thrive while Bitcoin lags behind in this vast, highly volatile crypto market!
The rise of Bitcoin spot ETFs has marked a significant advancement in the crypto world. However, despite regulatory approval and commercial success of these products, the majority of advisors are still hesitant to recommend cryptocurrencies to their clients.
A shockwave has shaken the world of cryptocurrencies. In a matter of hours, Bitcoin has dropped by 8%, Ethereum has plummeted by over 10%, and millions of dollars in bullish positions have been liquidated. While traders try to understand the reasons behind this sudden downturn, concern is rising over significant fund movements related to Mt. Gox, the now-defunct exchange platform.
Explore EIP-7732, an Ethereum innovation for faster and more secure crypto block validation!
The Bitwise Ethereum ETF, likely to be approved by the SEC in July, will open up new perspectives for crypto investment!
The race for earnings in the crypto universe is intensifying, with Ethereum taking a significant lead over its historic rival, Bitcoin. Ether generated $2.728 billion, while BTC followed with $1.302 billion, illustrating a new dynamic in the blockchain ecosystem.
Solana dominates memecoins with 800% spreads and eclipses Ethereum.
Ethereum loses 61 million dollars in one week. Discover the reasons for this massive leak and its repercussions on the ecosystem.
Solana attracts with 23 million SOL in liquid staking, promising growth and security for crypto investors.
A large portion of Ethereum's total supply is now held by "diamond hands," these long-term investors who do not succumb to the temptation to sell. Revealed by the analytics platform IntoTheBlock, these data show a significant increase in Ethereum reserves held by strong hands and reflect increased confidence in the sustainability of the world's second-largest cryptocurrency. This massive retention of ETH could not only stabilize the market but also pave the way for major developments in the crypto ecosystem.
Vitalik Buterin, co-founder of Ethereum, has just unveiled innovative proposals aimed at significantly reducing transaction confirmation times on the network. These innovations could transform the user experience and strengthen Ethereum's position in the crypto ecosystem.
Among revolutionary announcements, technological advancements, and regulatory turmoil, the crypto ecosystem continues to prove that it is both a territory of limitless innovations and a battleground of regulatory and economic struggles. Here is a summary of the most significant news from the past week surrounding Bitcoin, Ethereum, Binance, Solana, and Ripple.
Initially expected to launch in early July, the launch of Ethereum ETFs has been postponed by the SEC, plunging crypto investors into palpable uncertainty. This unexpected decision, marked by additional requests for revisions of the S-1 forms, highlights the persistent regulatory challenges facing the adoption of digital assets.
The democratization of cryptocurrencies is progressing with 38,279 active Bitcoin ATMs in 2024, strengthening their global presence and facilitating transactions.
On June 30, 2024, a historic turning point was reached for Ethereum: the network recorded its lowest gas fees since 2016, news that reverberates like an earthquake in the crypto ecosystem. This unexpected phenomenon comes in a context of high transactional activity, redefining the economic dynamics of the world's second-largest blockchain. Why this dramatic drop in gas fees and what are the implications for the future of Ethereum and the crypto sector as a whole?
Despite the current bearish sentiment, the crypto market could experience a sharp rise by the US elections in November. This is what Quinn Thompson, an expert at Lekker Capital, predicts, with Bitcoin reaching $100,000 and Ethereum at $7,000.
Historically, the month of July is synonymous with significant gains, and this year could well confirm this trend. For savvy investors, it's the perfect time to reassess their portfolios and seize the opportunities offered by the market. Five cryptos stand out particularly for their growth potential and recent developments surrounding them. Whether you are an experienced investor or a newcomer to the world of cryptos, these five assets deserve your full attention. Find out why Bitcoin, Solana, Ethereum, BNB, and XRP are the cryptocurrencies to watch closely in July.
Bitcoin is going through intense fluctuations, going from selling pressure to a slight recovery, reaching $61,826 with a 1.3% increase in 24 hours.
The Ethereum ETF market is poised for explosive growth, according to Matt Hougan, Chief Investment Officer at Bitwise. According to his projections, these new financial products could attract up to $15 billion in investments in the 18 months following their launch. This estimate is based on a comprehensive analysis of market potential and trends observed in the crypto sector.
Ethereum, the second largest crypto by market cap, sees its network activity spike by 56% in just one week. This surge of interest coincides with the imminent launch of the first Ethereum ETFs, a potentially groundbreaking development for the market. As investors hold their breath for the SEC's final decision, this spike in activity could signal a significant rise in ETH price.
After hitting a peak, Ethereum is facing increasingly threatening selling pressure. Let's examine together the future prospects for ETH.
Excitement around Spot Ethereum ETFs intensifies as VanEck, the asset management giant, files Form 8-A for its spot Ether ETF. This major development brings the market closer to a highly anticipated investment product that could revolutionize accessibility to the second largest crypto.
Crypto enthusiasts are supporting Trump with bitcoins, hoping for cryptocurrency-friendly laws.
The Bybit report reveals why Bitcoin is preferred over stablecoins by crypto giants.
Between revolutionary announcements, technological advancements, and regulatory turbulence, the crypto ecosystem continues to prove that it is both a territory of limitless innovation and a battlefield of regulatory and economic challenges. Here is a summary of the most significant news of the past week around Bitcoin, Ethereum, Binance, Solana, and Ripple.
The crypto space is buzzing with the announcement of the upcoming launch of spot Ethereum (ETH) ETFs. One of the most influential figures in the industry, Andrew Kang, founder of Mechanism Capital, recently shared his forecasts regarding the impact of this news on the price of Ether. According to him, Ethereum could undergo a drastic drop of 30%, sparking strong reactions and intense speculation among investors.
Bitcoin stability regained, with altcoins showing slight increase. Traders remain vigilant about crypto market developments.
Facing criticism of the increasing institutionalization of the crypto sector, Vitalik Buterin, co-founder of Ethereum, reaffirms the continued presence of the original ideals. In a recent exchange, he highlights the significant advancements of projects with a social and decentralized focus.
Analysts from Pantera Capital, Franklin Bi, Cosmo Jiang, and Eric Wallach, have recently presented Solana as a real threat to Ethereum. Thanks to its monolithic architecture, Solana is on the verge of establishing itself as a leading blockchain, capable of capturing a significant share of the market dominated by Ethereum.