ETH’s

ETH’s Path to $3K Involves Maintaining This Critical Support (Ethereum Price Analysis)

ETH’s Path to $3K Involves Maintaining This Critical Support (Ethereum Price Analysis)

Ethereum’s bullish momentum has weakened after breaching the middle trendline of a multi-month descending channel, resulting in muted sideways price action. This consolidation phase could lead to a pullback, potentially setting up the stage for the next leg of the bullish trend. Technical Analysis By Shayan The Daily Chart Ethereum experienced a surge driven by […]

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ETH’s Inflows Hit $33.5M With SEC’s Approval of Spot Ethereum ETF

ETH’s Inflows Hit $33.5M With SEC’s Approval of Spot Ethereum ETF

Ethereum is seeing a turnaround in sentiment owing to the SEC approval of a spot Ether ETF that is set to go live sometime next month. According to CoinShares’ latest report, Ethereum-based investment products experienced a second consecutive week of inflows marking a reversal from a 10-week outflow streak amounting to $200 million. Over the

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What Will Happen to ETH’s Price if the SEC Rejects All Spot Ethereum ETF Applications?

What Will Happen to ETH’s Price if the SEC Rejects All Spot Ethereum ETF Applications?

After a decade of waiting, rejecting, and delaying at best, the United States Securities and Exchange Commission finally greenlighted nearly a dozen spot Bitcoin ETFs at the start of 2024. Their impact on BTC’s price has been undeniable as the demand for those products among traditional investors has skyrocketed. Now that there are existing exchange-traded

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