Starting out as a writer covering various topics, Semilore Faleti eventually carved out a niche for himself in the realm of blockchain technology and cryptocurrency. His passion for understanding the complexities of digital assets and their role in modern finance drove him to delve deeper into this fascinating world. Specialization in Cryptocurrency Semilore’s dedication to
Ethereum
Since the launch of the Spot Ethereum ETFs, the price of Ethereum has unexpectedly struggled, with a decline of approximately 10% in value. This surprising turn of events has left investors puzzled as they anticipated a positive impact following the introduction of the ETFs. An analysis from Matrixport has shed light on the factors contributing
The on-chain data is showing a significant increase in the accumulation of Ethereum by large investors, known as Ethereum whales. These investors have been actively buying up the second-largest crypto token by market cap, despite the recent price decline in ETH. In fact, data from the market intelligence platform IntoTheBlock reveals that Ethereum whales purchased
Dalmas Ngetich, a seasoned crypto reporter, brings a unique perspective to the industry. His vast experience in covering NFTs, blockchain, DeFi, and blockchain news for NewsBTC sets him apart from others in the field. With a background in mechanical engineering and over a decade of journalism experience, Ngetich has crafted over 10,000 news and feature
The recent launch of Ethereum ETFs has sparked a flurry of excitement among industry experts and crypto enthusiasts alike. Among them, renowned crypto analyst Doctor Profit has made a bold prediction regarding Ethereum’s value. According to him, Ethereum is poised to break through the $10,000 barrier and potentially even reach a peak of $14,000. This
Recently, CoinShares released a report highlighting the increasing inflows into Ethereum (ETH) compared to other cryptocurrencies like Solana (SOL). This surge in interest coincides with the upcoming launch of exchange-traded funds (ETFs) that will open up regulated investment opportunities for Ethereum in the US market. The report reveals several key insights into the current state
The Chicago Board Options Exchange (CBOE) has recently made an announcement regarding the launch date of Spot Ethereum ETFs, bringing excitement to the crypto market. This development is set to provide investors with new opportunities to gain exposure to Ethereum without the typical volatility associated with cryptocurrencies. On July 19, the CBOE officially confirmed that
The recent data on Ethereum derivatives volume has shed light on the lack of confidence that investors seem to have in the Spot Ethereum ETFs. Despite the anticipated launch of these funds next week, the current market sentiment appears to be bearish. The annualized premium on Ethereum’s fixed-month contracts is only at 11%, indicating that
With the upcoming launch of spot Ethereum ETFs on the horizon, Chief Investment Officer of Bitwise, Matt Hougan, is optimistic about the potential impact of these ETF inflows on driving the price of Ethereum to new record highs. Hougan believes that the introduction of spot Ethereum ETFs could result in a surge in the value
The recent news surrounding the potential launch of Spot Ethereum ETFs has caused a surge in Ethereum’s price, with various analysts predicting new all-time highs for the second-largest cryptocurrency. Bloomberg analyst Eric Balchunas shared that the ETFs could start trading by July 23, pending final paperwork submissions and approval from the US Securities and Exchange
