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Ethereum Price Crashes Over 20%: Market Reacts to Major Sell-Off Chainlink & Ethereum Hit Historic Lows: Opportunity In Market Pain? 9 Spot Ethereum ETFs Are Trading Following SEC Approval, Here’s Where To Buy Them Vitalik Buterin Unveils Roadmap for Ethereum Layer-2 Interoperability Ethena’s USDe Faced Nearly $100M in Redemptions This Week, Marking Crucial Synthetic Dollar Stress Test 3 Reasons Ethereum (ETH) Investors Are Buying Mpeppe (MPEPE) Over ETH ETF Ethereum (ETH) Whales Dive Into Mpeppe (MPEPE) Ecosystem Utility On ETH Blockchain US ETH ETFs Draw $48.73M on Monday; Grayscale’s $46.84M Outflow Dampens Impact ETH Crashes 20%! Hackers Buy Big with Stolen Funds – Are You at Risk? Solana Trader Who Made $10 Million With Dogwifhat Bets That This $0.01831 Ethereum Token Will Reach $50

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Ethereum Price Crashes Over 20%: Market Reacts to Major Sell-Off

Ethereum price nosedived after it settled below $3,000. ETH is down over 20% and it is now attempting to recover from the $2,000 zone. Ethereum started a major decline below the $2,800 and $2,650 levels. The price is trading below $2,500 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2,500 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a recovery wave if it clears the $2,500 resistance zone. Ethereum Price Takes Major Hit Ethereum price started a major decline after it broke the $3,000 support....

05.08.2024

Chainlink & Ethereum Hit Historic Lows: Opportunity In Market Pain?

You are here: Home / News / Chainlink & Ethereum Hit Historic Lows: Opportunity In Market Pain? Renowned analytical platform Santiment reported that both Chainlink and Ethereum have reached an all-time low in the 30-day and 365-day average of trading returns. In a recent post on X, the platform highlighted this considerable decrease in return, pointing out the current trends in these large cryptocurrencies. According to Santiment analysis, Chainlink and Ethereum trading returns have gone extremely low in the short-term and long-term trading. This trend portrays a declined performance over the last one month and year for this company. Such...

04.08.2024

9 Spot Ethereum ETFs Are Trading Following SEC Approval, Here’s Where To Buy Them

The Spot Ethereum ETFs finally launched on July 23 following a green light from the US Securities and Exchange Commission (SEC). This marked a significant moment for crypto and ETFSwap (ETFS) specifically, considering how it is set to become the leading platform for investing in these Spot Ethereum ETFs. Nine Spot Ethereum ETFs began trading on July 23 following the SEC’s approval. On July 22, the SEC approved the final S-1 applications of the Spot ETH ETF issuers, thereby paving the way for these funds to begin trading the next day. The nine Spot Ethereum ETFs that have begun trading...

04.08.2024

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Ethereum Price Crashes Over 20%: Market Reacts to Major Sell-Off

Chainlink & Ethereum Hit Historic Lows: Opportunity In Market Pain?

9 Spot Ethereum ETFs Are Trading Following SEC Approval, Here’s Where To Buy Them

Vitalik Buterin Unveils Roadmap for Ethereum Layer-2 Interoperability

TLDR Vitalik Buterin has outlined a plan for cross-chain interoperability between Ethereum layer-2 networks The plan includes several Ethereum Improvement Proposals (EIPs) aimed at enhancing cross-L2 compatibility Key proposals include EIP-3370 for a new address standard, EIP-7683 for cross-L2 communication, and EIP-3668 for off-chain data access Buterin predicts that all rollups will eventually adopt zero-knowledge technology, but this transition may take over 5 years VanEck has predicted that Ethereum L2 scaling networks could reach a $1 trillion market cap within six years Ethereum co-founder Vitalik Buterin has presented a comprehensive plan to address one of the most pressing challenges in...

Ethena’s USDe Faced Nearly $100M in Redemptions This Week, Marking Crucial Synthetic Dollar Stress Test

Despite the current market volatility and criticism about the risks associated with synthetic stablecoins, Ethena has taken steps to manage these challenges. Ethena’s USDe stablecoin has recently experienced significant stress, with nearly $100 million in redemptions occurring over the past week. This redemption surge has come during a broader market downturn, including a notable drop in Bitcoin prices to below $50,000 and Ether losing its gains for the year. The large-scale redemptions are part of a broader market selloff, which has seen major liquidation events in both centralized and decentralized trading platforms. Despite the challenging conditions, USDe has managed to...

3 Reasons Ethereum (ETH) Investors Are Buying Mpeppe (MPEPE) Over ETH ETF

As Ethereum (ETH) continues to shape the cryptocurrency landscape, a new player is emerging that’s catching the attention of seasoned investors. Mpeppe (MPEPE), a groundbreaking meme cryptocurrency, is drawing significant interest from those who previously focused on Ethereum (ETH) and its associated financial products like ETFs. Here’s why Ethereum (ETH) investors are turning their attention to Mpeppe (MPEPE) instead of traditional ETH ETFs. Mpeppe (MPEPE): A Fresh Take on Cryptocurrency Investment Ethereum (ETH) has been a cornerstone of the cryptocurrency world, known for its smart contracts and decentralized applications. However, traditional investment avenues such as ETH ETFs (Exchange-Traded Funds) offer...

Ethereum (ETH) Whales Dive Into Mpeppe (MPEPE) Ecosystem Utility On ETH Blockchain

Ethereum (ETH) whales are setting their sights on an emerging star: Mpeppe (MPEPE). As Ethereum (ETH) continues to underpin a myriad of innovative projects, Mpeppe (MPEPE) is carving out its niche by offering a unique blend of blockchain technology, sports enthusiasm, and meme culture. Here’s why Ethereum (ETH) whales are increasingly drawn to the Mpeppe (MPEPE) ecosystem and its utility on the ETH blockchain. Unveiling the Mpeppe (MPEPE) Ecosystem: A New Paradigm on Ethereum (ETH) Ethereum (ETH) has long been celebrated for its versatile blockchain technology, which supports a wide range of decentralized applications (dApps) and smart contracts. Mpeppe (MPEPE),...

US ETH ETFs Draw $48.73M on Monday; Grayscale’s $46.84M Outflow Dampens Impact

On Monday, U.S. spot ethereum exchange-traded funds (ETFs) recorded their second-highest inflows since their inception. Approximately $48.73 million was added, yet the nine funds collectively remain in the red, with a deficit of $461.98 million, primarily due to significant outflows from Grayscale’s Ethereum Trust. Blackrock Leads $48.73M Inflows for U.S. ETH ETFs as Crypto Market Struggles Despite the broader crypto market enduring a sharp downturn during Monday’s trading, ETH-based ETFs in the U.S. posted gains, according to sosovalue.xyz stats. The $48.73 million in inflows was predominantly driven by Blackrock’s ETHA fund, which secured $47.09 million. Vaneck’s ETHV followed with $16.62...

ETH Crashes 20%! Hackers Buy Big with Stolen Funds – Are You at Risk?

The crypto market is a rollercoaster, and no one knows this better than the hackers who thrive on its volatility. On August 5th, as Ethereum (ETH) took a dramatic plunge, a select group of cybercriminals saw a golden opportunity. With ETH prices plummeting over 20%, these criminals poured millions in stolen crypto into the market. Here’s more on this. Return of the Pancake Bunny Hackers Blockchain security firm PeckShield revealed a shocker. The hackers from the 2021 Pancake Bunny hack are back. They bought 2.922K ETH with a huge 7.8M DAI. These guys stole $46 million back in 2021, crashing...

Solana Trader Who Made $10 Million With Dogwifhat Bets That This $0.01831 Ethereum Token Will Reach $50

A Solana trader who made a staggering $10 million profits from $1,500 investments into Dogwifhat (WIF) is driving insane FOMO in the crypto community as he bets big on the ETFSwap (ETFS) viral presale token selling at $0.01831 to rally 2,500x and reach $50 in 2025. Dogwifhat (WIF) Falls Behind As Solana Trader Liquidates Profits Dogwifhat (WIF) is suffering bearish declines, falling behind top price gainers in the crypto markets after a profitable Solana trader who made $10 million profits investing into WIF liquidated holdings to position into the ETFSwap (ETFS) viral ICO. The Solana trader is also driving a...