Legendary futures trader Peter Brandt has suggested that the price of Ether could plunge to as low as $650 in the near term. In the wake of these bearish Ethereum price expectations, Brandt revealed that he had shorted the second-largest cryptocurrency last Friday. Peter Brandt Predicts Ether Could Collapse To $650 Trading legend Peter Brandt is uber-bearish on the price […]

BlackRock, the world’s largest asset manager, has submitted a Form S-1 with the U.S. Securities and Exchange Commission a week after registering its iShares Ethereum Trust with Delaware’s Division of Corporations. The strategic move by BlackRock signals a huge step toward offering its customers exposure to the performance of the industry’s second-largest cryptocurrency, Ethereum. BlackRock Files SEC Prospectus For Spot […]

Ethereum co-founder Vitalik Buterin has provided insights into the dynamic and evolving landscape of Ethereum’s layer-2 ecosystem. Buterin’s analysis, published on his blog on Tuesday, October 31, delved into the diverse approaches to scale the Ethereum network while maintaining security and usability. The Ethereum layer-2 ecosystem has grown significantly over the past year, with multiple layer-2 protocols and solutions emerging. […]

On 10 October 2023, Joel Monegro, Managing Partner at Placeholder, a venture capital firm specializing in blockchain and crypto, offered a detailed analysis of Ethereum and Solana through the lens of Android and iOS mobile operating systems. According to Monegro, Ethereum shares similarities with Android, the world’s most widely used mobile operating system. He points out that Android’s open and […]

Ethereum futures ETF got off to a poor start, recording less than $3 million in trading volume on first-day trading. The paltry figures starkly contrast with the impressive figures notched by Bitcoin futures back in 2021. Nine ETF products were launched on the same day, with the SEC keen on preventing market domination. After months of building anticipation, the Ethereum […]

According to new on-chain research, Ether (ETH) is trading below its worth by a staggering 27%. The report hinges its analysis on user adoption levels of Ethereum’s layer 2 networks. Layer 2 networks have ballooned in popularity with Optimism and Arbitrum probing new functionalities. A new report has placed Ethereum’s network valuation north of $275 billion, relying on a modification […]

Ethereum continued to trade in a tight consolidation Tuesday, with increasing manifestations of weakness. Last Thursday, the second-largest cryptocurrency by market capitalization witnessed a flash crash that dropped its price by about 14% to $1,550 in under 24 hours. The decline, primarily triggered by Bitcoin, occurred amidst speculation that SpaceX, helmed by Elon Musk, might have liquidated its entire BTC […]

A recent financial disclosure has revealed that former U.S. President Donald Trump holds a substantial Ethereum portfolio, estimated to be valued between $250,000 and $500,000. The revelation, which had recently remained away from the public eye, has sparked intense speculation about Trump’s motivations and potential aspirations, given his historical skepticism towards the cryptocurrency realm. Notably, the disclosure has ignited discussions […]

In a video update for the “Into The Cryptoverse” YouTube channel, Benjamin Cowen, a seasoned expert in Engineering with a background in Computational Mathematics and Programming, starts by discussing the concept of seasonality in the context of Ethereum. He explains that Ethereum tends to perform best in the first and second quarters of the year (Q1 and Q2). The implication […]