13 significant events occurred in the past 24 hours.
VanEck closing Ethereum futures ETF.
2024-09-06 11:58:20 EDT, Sentiment: 0.35
VanEck will close its Ethereum futures ETF by late September due to shifting investor interest towards spot Ethereum funds.
VanEck to close Ethereum futures ETF by late September
Summary: VanEck will close and liquidate its Ethereum Strategy ETF (EFUT) on Sept. 16, with final distribution expected around Sept. 23. The decision follows a shift towards spot Ethereum ETPs and considerations of performance and investor interest.
- Sentiment: -0.3
- crypto.news @ 2024-09-06 12:12:26 EDT Read More
VanEck to liquidate Ethereum futures ETF as its crypto strategy shifts
Summary: VanEck's Ethereum Strategy ETF (EFUT) will cease trading on September 16, 2024, and liquidate by September 23, 2024, due to insufficient investor interest and other factors. Despite this, VanEck remains committed to digital asset investments.
- Sentiment: 0.1
- Crypto Briefing @ 2024-09-06 11:58:20 EDT Read More
VanEck to close ether futures ETF after July spot ETH fund launch
Summary: VanEck will close its ether futures ETF, launched in October 2023, due to low investor interest and assets, while its spot ether ETF garners $63 million in net inflows. Shareholders can sell their shares on the Cboe exchange until Sept. 16.
- Sentiment: -0.3
- Blockworks @ 2024-09-06 12:29:08 EDT Read More
VanEck Announces Closure and Liquidation of Ethereum Futures ETF
Summary: VanEck has decided to close its Ethereum Strategy ETF (EFUT) and delist it from the CBOE exchange following a performance and market analysis.
- Sentiment: 0.0
- Cryptonews @ 2024-09-06 12:28:07 EDT Read More
VanEck to shutter Ethereum futures ETF as investors shift to spot ETHV
Summary: EFUT held $21.24 million in total net assets and maintained a NAV of $20.23 as of Sept. 5.
- Sentiment: 0.0
- The Block @ 2024-09-06 12:25:07 EDT Read More
VanEck Will Shutter Ethereum Futures ETF as Spot Funds Struggle
Summary: VanEck will close its Ethereum futures ETF (EFUT) due to significant outflows and challenges in the Ethereum ETF market. The fund, trading as ETHV, will cease on September 16, reflecting broader issues affecting Ethereum-based ETFs.
- Sentiment: -0.6
- Decrypt @ 2024-09-06 14:53:11 EDT Read More
VanEck Done With Ethereum Strategy ETF, Blames 'Operational Considerations'
Summary: VanEck is closing its Ethereum Strategy ETF (EFUT) due to factors like performance and liquidity. The ETF will be liquidated by September 23, 2024, with shareholders receiving cash equivalent to the net asset value of their shares.
- Sentiment: -0.3
- Benzinga @ 2024-09-06 14:41:24 EDT Read More
VanEck to close its Ethereum futures ETF in September, a year after launch
Summary: VanEck is closing its Ethereum Futures ETF (EFUT) by September 16, 2024, due to low asset accumulation and underperformance compared to its spot Ethereum ETF (ETHV). The closure reflects broader challenges Ethereum faces, including reduced network revenue and competition.
- Sentiment: -0.6
- CoinJournal @ 2024-09-06 13:58:12 EDT Read More
VanEck Shuts Down Ethereum ETF Futures Amid Waning Market Interest and Performance Struggles
Summary: VanEck is closing its Ethereum Futures ETF (EFUT) due to poor performance, declining market interest, and investor demand. Shareholders have until September 16, 2024, to sell shares on the CBOE, with final liquidation scheduled for September 23, 2024.
- Sentiment: -0.7
- EconoTimes @ 2024-09-06 15:50:37 EDT Read More
VanEck to Close Ethereum Futures ETF Amid Market Slump
Summary: Van Eck will dissolve its Ethereum Futures ETF (EFUT) due to poor performance and low investor demand. The ETF will be removed from the market on September 16, 2024, with final distributions made in cash. This move aligns with VanEck's shift towards spot-based crypto ETFs.
- Sentiment: -0.6
- The Crypto Times @ 2024-09-06 15:32:11 EDT Read More
VanEck shifts focus to spot Ethereum ETF, phases out futures fund EFUT
Summary: VanEck is closing its Ethereum futures ETF, EFUT, due to performance and liquidity issues, and the recent approval of its spot Ethereum ETP, ETHV, by the SEC. EFUT will be delisted after Sept. 16, 2024.
- Sentiment: -0.2
- CryptoSlate @ 2024-09-06 17:00:45 EDT Read More
VanEck Shuts Down Ethereum ETF Futures Amid Waning Market Interest and Performance Struggles
Summary: VanEck is closing its Ethereum ETF Futures (EFUT) due to poor performance and declining market interest. Shareholders have until September 16, 2024, to sell shares, with final liquidation scheduled for September 23, 2024. The firm is shifting focus to spot ETFs.
- Sentiment: -0.7
- EconoTimes @ 2024-09-06 15:50:37 EDT Read More
VanEck to shutter Ethereum futures ETF
Summary: Spot Ethereum ETFs are gaining significant attention, overshadowing futures-based crypto ETFs and reducing their demand.
- Sentiment: -0.7
- PANews @ 2024-09-06 16:45:10 EDT Read More
VanEck to shutter Ethereum futures ETF
Summary: VanEck is set to close its Ethereum futures ETF due to low demand as spot crypto ETFs dominate, with EFUT set to liquidate by Sept. 23.
- Sentiment: 0.0
- CoinTelegraph @ 2024-09-06 17:20:08 EDT Read More
Vaneck Reveals Plans to Close Ethereum Futures ETF
Summary: On Sept. 6, Vaneck announced its decision to close and liquidate the Vaneck Ethereum Strategy exchange-traded fund (EFUT).
- Sentiment: 0.0
- Bitcoin.com News @ 2024-09-06 18:30:07 EDT Read More
Vaneck Ether Futures ETF To Shut Down in September: Here’s What You Need To Know
Summary: For a while, the only regulated way institutions could gain exposure to crypto was through futures exchange-traded products. Following the approval of spot...
- Sentiment: 0.0
- DailyCoin @ 2024-09-06 18:20:07 EDT Read More
Ethereum DEXs predicted to dominate
2024-09-06 09:00:00 EDT, Sentiment: 0.77
Ethereum-based DEXs like Aave and RCO Finance are expected to dominate the market in September 2024.
Bullish Ethereum Altcoins Forecasted To Outrun Bitcoin in September 2024
Summary: RCO Finance’s native token, RCOF, is expected to perform strongly in September 2024, with a predicted price increase of 62.7% due to its innovative AI-powered decentralized trading platform and a successful presale, making it a top Ethereum altcoin pick.
- Sentiment: 0.1
- CoinCodex @ 2024-09-06 09:00:00 EDT Read More
RCO Finance's (RCOF) Popularity Soars, Nears New Milestones in its Presale on Ethereum (ETH)
Summary: RCO Finance’s Ethereum token presale, RCOF, is gaining traction, reflecting increased investor confidence. The presale's success highlights the growing interest in Ethereum-based projects, positioning RCOF as a notable player in the DeFi sector with innovative trading tools and benefits for investors.
- Sentiment: 0.8
- U.Today @ 2024-09-06 20:12:07 EDT Read More
Crypto Report Shows Ethereum DEXs like Aave and RCO Finance will Dominate the Market in September
Summary: Aave (AAVE) has gained 8% in the past week due to its new initiative, Sky Aave Force, which bridges DeFi and traditional finance. RCO Finance (RCOF) is also highlighted for its AI-powered robo advisor and strong growth potential.
- Sentiment: 0.6
- CoinChapter @ 2024-09-06 20:02:07 EDT Read More
WazirX hacker launders stolen Ethereum
2024-09-06 05:08:40 EDT, Sentiment: 0.25
Hackers laundered $42.7 million in stolen Ethereum through the crypto mixer Tornado Cash.
MEV Bot’s $12 Million Flash Loan Yields Meager $20 Profit
Summary: A maximal extractable value (MEV) bot used an $11.9 million flash loan to perform a sandwich attack on a $5,000 Shuffle (SHFL) trade, ultimately earning only $20 profit after gas fees. The entire sequence was completed within a single Ethereum block.
- Sentiment: -0.3
- blockonomi @ 2024-09-06 05:08:40 EDT Read More
Shiba Inu News: $90K Ethereum Heist Uncovered – SHIB DAO Funds Stolen in Suspicious Transfers
Summary: 37.5 ETH donated to SHIB DAO was stolen on September 2, 2024, highlighting severe security issues within the Shiba Inu ecosystem and emphasizing the urgent need for better safeguards in Web3 to prevent future crypto thefts.
- Sentiment: -0.6
- Crypto News Flash @ 2024-09-06 05:53:50 EDT Read More
Hackers dump $42.7M stolen Ethereum into Tornado Cash post-WazirX townhall
Summary: On 6 September 2024, Lookonchain reported that hackers deposited 17,800 ETH worth $42.7 million into Tornado Cash over three days. This activity, combined with ETH's bearish technical outlook, suggests a potential drop in ETH’s price to around $2,200.
- Sentiment: -0.6
- AMBCrypto @ 2024-09-06 10:00:51 EDT Read More
WazirX Hacker Continues To Launder Stolen Ethereum (ETH) Through Crypto Mixer Tornado Cash: PeckShield
Summary: The hacker from the WazirX breach has been laundering stolen Ethereum (ETH) via Tornado Cash, transferring 5,000 ETH worth $12 million and subsequently 1,600 ETH worth $3.86 million through the coin mixing service.
- Sentiment: -0.7
- The Daily Hodl @ 2024-09-06 14:46:07 EDT Read More
Vitalik Buterin donating Layer-2 tokens.
2024-09-06 02:25:06 EDT, Sentiment: 0.62
Vitalik Buterin will donate all his Layer-2 token holdings to charity and will not invest in new token projects for the foreseeable future.
Vitalik vows to donate L2 Tokens, avoids new token investments
Summary: Vitalik Buterin, co-founder of Ethereum, opens up on the multiple theories emerging over his recent crypto-linked movements. He suggested that all the...
- Sentiment: 0.0
- Cryptopolitan @ 2024-09-06 02:25:06 EDT Read More
Buterin Donates All Layer-2 Tokens to Charity: What for Holders?
Summary: Vitalik Buterin announced he will donate all Layer-2 tokens and other project tokens he holds to support public goods within the Ethereum ecosystem and broader charitable initiatives, including biomedical research. This philanthropic decision emphasizes his commitment to leveraging resources for positive impacts.
- Sentiment: 0.7
- coingabbar @ 2024-09-06 03:53:16 EDT Read More
Vitalik Buterin says all Layer-2 token holdings will be donated to charity, won’t sell for profit
Summary: Vitalik Buterin plans to donate proceeds from the sale of Layer-2 tokens and other project assets to charity, maintaining he hasn’t sold Ether for profit since 2018. Ethereum trades at $2,385, with increased exchange supply adding selling pressure.
- Sentiment: 0.3
- FXStreet @ 2024-09-06 04:30:00 EDT Read More
Vitalik Buterin: Don’t See Investing in L2 Tokens, ETH Sales for Charity, R&D
Summary: Vitalik Buterin has clarified that he has not sold Ethereum for personal gain. Instead, he plans to donate proceeds from ETH and other tokens to charity and support research, focusing on public goods within the Ethereum ecosystem and broader biomedical R&D.
- Sentiment: 0.2
- CryptoNewsZ @ 2024-09-06 04:17:38 EDT Read More
Here Are All the Altcoins Vitalik Buterin Will Donate
Summary: Vitalik Buterin announced he will donate all proceeds from Layer 2 (L2) and related project tokens he holds to support public goods within the Ethereum ecosystem or charitable causes. He clarified his transactions are for donations, not personal gain.
- Sentiment: 0.5
- BeInCrypto @ 2024-09-06 06:49:46 EDT Read More
Vitalik Buterin Breaks Silence: Why He’s Donating His Layer 2 Tokens to Charity!
Summary: Vitalik Buterin announced plans to donate all his Layer 2 and project tokens to support public goods within the Ethereum ecosystem and broader charitable causes, reinforcing his commitment to using his wealth for public benefit.
- Sentiment: 0.8
- Coinpedia @ 2024-09-06 06:19:14 EDT Read More
Ethereum Co-Founder Vitalik Buterin To Donate All Crypto Proceeds, Ends New Token Investments
Summary: Vitalik Buterin will donate all proceeds from his cryptocurrency holdings, including Ethereum and Layer 2 tokens, to support Ethereum ecosystem projects and broader charitable causes. He will cease investing in new token projects, focusing on direct donations instead.
- Sentiment: 0.8
- Benzinga @ 2024-09-06 08:00:43 EDT Read More
Vitalik Buterin’s Donation Sparks Debate As Community Question Motive
Summary: Vitalik Buterin has found himself at the center of a heated debate about his sales of Ethereum which accuses him of ignoring ...
- Sentiment: 0.0
- cryptonews @ 2024-09-06 08:22:07 EDT Read More
Ethereum Founder Shows 0 Interest in L2 Tokens, Says Will Donate All
Summary: Vitalik Buterin announced he has no interest in Layer-2 tokens and will donate all proceeds from their sales to charity or public goods within the Ethereum ecosystem. His recent sell-off of Starknet (STRK) tokens aligns with this approach.
- Sentiment: 0.2
- The Coin Republic @ 2024-09-06 11:41:06 EDT Read More
Vitalik Buterin To Donate Profits from Crypto Investments
Summary: Vitalik Buterin declared he will not invest in layer-1 projects and will use Ether sales to support Ethereum community projects and charities. This decision aims to avoid conflicts of interest and enhance transparency within the Ethereum ecosystem.
- Sentiment: 0.4
- The Crypto Times @ 2024-09-06 16:14:11 EDT Read More
Vitalik says ‘at present’ his donations yield better gains than investments
Summary: Ethereum co-founder Vitalik Buterin recently discussed his stance on donating to projects he supports versus investing in ...
- Sentiment: 0.0
- CoinTelegraph @ 2024-09-06 14:20:12 EDT Read More
Why Ethereum’s Vitalik Buterin Will Not Invest in Any Layer 2 or Token Projects for the "Foreseeable Future"
Summary: Balancing influence and personal interest is a delicate matter, particularly in financial spaces like crypto, where simple mentions can lead to...
- Sentiment: 0.0
- DailyCoin @ 2024-09-06 17:30:07 EDT Read More
Ethereum Foundation Sells 1,000 ETH
2024-09-06 02:21:26 EDT, Sentiment: 0.44
Ethereum Foundation's recent notable event involves the sale of 1,000 ETH, impacting ETH price and financial stability.
Ethereum Foundation Transfers 1,000 ETH to Multi-Signature Wallet
Summary: The Ethereum Foundation has transferred 1,000 ETH (worth $2.38 million) to a multi-signature wallet, which is expected to move the ETH to another wallet and then swap it for DAI, potentially influencing ETH and DAI market movements.
- Sentiment: 0.0
- Blockchain News @ 2024-09-06 02:25:06 EDT Read More
Ethereum Foundation Financials And Market Activity: Key Updates
Summary: The Ethereum Foundation recently sold 100 ETH for 241,207 DAI and holds substantial reserves in ETH and fiat. Despite recent outflows from Ethereum spot ETFs, Ethereum maintains its dominance in the decentralized exchange market with $52.6 billion in trading volume.
- Sentiment: 0.4
- NullTX @ 2024-09-06 02:21:26 EDT Read More
The Ethereum Foundation has Transferred 1,000 $ETH to Multi-Sig Wallet
Summary: The Ethereum Foundation transferred 1,000 ETH worth $2.38 million to a multi-signature wallet, prompting speculation of a swap for 241,000 DAI. This has contributed to negative sentiment and recent price drops in Ether, now valued at $2,332.78.
- Sentiment: -0.5
- cryptonewsz @ 2024-09-06 05:10:51 EDT Read More
Ethereum Foundation to Unveil Financial Report, $650M in Reserves
Summary: The Ethereum Foundation is on track to publish its financial report soon amid growing concerns from the community regarding its spending.
- Sentiment: 0.0
- Coinspeaker @ 2024-09-06 09:12:06 EDT Read More
Ethereum Foundation Dumps $2.38M in ETH Again as Price Declines Persist
Summary: The Ethereum Foundation recently transferred 1,000 ETH, worth about $2.38 million, to a multi-signature wallet. This follows a pattern of significant ETH movements by the foundation, including a notable transfer of 35,000 ETH to Kraken.
- Sentiment: -0.4
- The Crypto Basic @ 2024-09-06 10:58:06 EDT Read More
Ethereum Foundation's Main Wallet Down to About $650M, Top Official Says
Summary: The Ethereum Foundation's treasury has decreased from $1.3 billion to $650 million due to ETH price drops and spending. The foundation, which spends about $100 million annually, has a 10-year runway but lacks a sustainability plan if funds run out.
- Sentiment: -0.4
- CoinDesk @ 2024-09-06 12:31:07 EDT Read More
Vitalik Buterin Says Ethereum Foundation (EF) Will Last Forever
Summary: Justin Drake from the Ethereum Foundation revealed that EF holds $650 million in ETH reserves and has an annual expenditure of $100 million. The foundation’s budget strategy aims to sustain Ethereum’s growth for the long term despite ETH price fluctuations.
- Sentiment: 0.3
- Bitcoinik @ 2024-09-06 12:17:54 EDT Read More
Ethereum Foundation's Main Wallet Down to About $650M, Top Official Says
Summary: The Ethereum Foundation's financial report reveals it holds about $650 million in its main wallet and spends roughly $100 million annually. With ETH’s price down 30% from March 2022, the EF's funds have significantly decreased over the past two years.
- Sentiment: -0.2
- Business Insider @ 2024-09-06 12:31:36 EDT Read More
Metalpha Withdraws $14M ETH, Deposits $12.9M into Binance
Summary: The Ethereum Foundation has transferred $2.38M worth of $ETH, making several transfers and conversions to $DAI in recent days.
- Sentiment: -0.2
- BlockchainReporter @ 2024-09-06 13:30:00 EDT Read More
The Daily: Ethereum Foundation's financial report, Japan's megabanks' stablecoin trial, spot Bitcoin ETFs continue to bleed and more
Summary: Quick Take. The Ethereum Foundation plans to release a financial report “relatively soon” to address community concerns surrounding its spending,...
- Sentiment: 0.0
- The Block @ 2024-09-06 13:20:11 EDT Read More
Ethereum Foundation Sell-Offs Ramp Up as ETH ETF Struggles
Summary: Amidst the ongoing crypto market pullback, the Ethereum Foundation has offloaded 1,000 Ether (ETH) tokens to a multi-signature crypto address.
- Sentiment: 0.0
- DailyCoin @ 2024-09-06 16:35:07 EDT Read More
ETH Price Tanks 3.5% As Ethereum Foundation Offloads Another 1000 ETH
Summary: The Ethereum Foundation's recent move of 1,000 ETH to a multi-signature wallet and ongoing sell-offs have contributed to the ETH price falling to $2,325. This continued selling pressure and market uncertainty are impacting Ethereum's value.
- Sentiment: -0.6
- The Coin Republic @ 2024-09-06 16:31:07 EDT Read More
Assessing the market reaction after Ethereum Foundation’s 1000 ETH sale
Summary: The Ethereum Foundation sold 1,000 ETH for around $2.38 million, converting it to stablecoins like DAI. Despite criticism and recent bearish market trends, this sale has not significantly impacted ETH's price or market sentiment.
- Sentiment: 0.0
- AMBCrypto @ 2024-09-06 21:00:30 EDT Read More
Ethereum-related coins surge dramatically.
2024-09-06 02:08:00 EDT, Sentiment: 0.63
Neiro On Ethereum sees a 90% price surge amid market downturn and Binance Futures listing.
Uniswap (UNI) Price Skyrockets Against Ethereum (ETH) Momentum, DTX Exchange (DTX) Rallies After VulcanX Goes Live
Summary: Ethereum (ETH) has dropped 5.19% over the past week, reflecting broader market volatility and regulatory concerns, with its price slipping from above $2,500 to around $2,400. This bearish trend contrasts with Uniswap's recent 7.51% surge.
- Sentiment: 0.05
- Crypto Reporter @ 2024-09-06 02:08:00 EDT Read More
$VISTA Rocket: Ethervista DEX Revitalizes Ethereum Ecosystem
Summary: Ethervista DEX's $VISTA token has surged to nearly $30M in market cap within four days, outperforming competitors and achieving a daily trading volume of $50M. Its success has led to listings on major exchanges and increased visibility in the DeFi space.
- Sentiment: 0.9
- NullTX @ 2024-09-06 02:30:29 EDT Read More
Mpeppe Meme Coin Thrives Amid Ethereum’s Struggles, Leverages Layer-2 Tech
Summary: Ethereum faces challenges with a 30% price drop since Spot ETFs launched, but it remains a crucial player in the crypto space. Meanwhile, Mpeppe, a Layer-2 meme coin built on Ethereum, is thriving by leveraging Ethereum's scalability and gaining investor interest.
- Sentiment: 0.6
- West Island Blog @ 2024-09-06 03:45:37 EDT Read More
Crypto Leaders Eye QuickSwap’s Ethereum Mainnet Launch Amidst Market Volatility
Summary: QuickSwap persists as a beacon of innovation and reliability amid the collapse of Web3 projects globally.
- Sentiment: 0.0
- Crypto Daily @ 2024-09-06 05:51:07 EDT Read More
Toncoin Investors Shift to New AI-Based Coin as Whale Embarks on Ethereum Buying Spree
Summary: A whale increased their Ethereum holdings by 50%, raising their portfolio from 3,586 to 5,515 ETH amid bearish market conditions. Ethereum's price is currently below its 50-Day SMA at $2,895.17, but it remains the largest cryptocurrency by market cap.
- Sentiment: 0.2
- BSC News @ 2024-09-06 05:30:07 EDT Read More
Ethereum and Ripple whales flock to Intel Markets, a new presale project
Summary: Ethereum’s recent volatility includes a nearly 5% weekly price drop, largely due to struggles with its ETF and bearish sentiment. Analysts suggest Ethereum may face expansion challenges, with predictions of a potential rise to $3,200 despite current technical difficulties.
- Sentiment: 0.35
- crypto.news @ 2024-09-06 06:30:00 EDT Read More
Neiro On Ethereum Raises From The Ashes: +260% Amid Binance Futures Listing
Summary: Binance futures has fuelled an incredible come back for Neiro on Ethereum, amid huge influx of trading volumes - surging meme coin charts.
- Sentiment: 0.0
- 99Bitcoins @ 2024-09-06 10:30:06 EDT Read More
Neiro Ethereum Price Surges 90% Despite Market Downturn - Could Crypto All-Stars Also Defy the Bear Market?
Summary: The market is in a slump at the moment, with Bitcoin down to $56670.12, an over 5% drop over the week. Meme coins have suffered more than most sectors,...
- Sentiment: 0.0
- Cryptopolitan @ 2024-09-06 13:26:11 EDT Read More
Ethereum Millionaire Worth $21.7m Sales Fraction Of ETH For Casino Meme Coin Rallying 150%
Summary: A high-profile Ethereum millionaire has sold a portion of their ETH holdings to invest in Mpeppe (MPEPE), a casino-themed meme coin. This move highlights the shift from Ethereum's slower price movements to the rapid gains offered by new, high-growth opportunities like Mpeppe.
- Sentiment: 0.3
- Bitcoinist @ 2024-09-06 13:24:28 EDT Read More
Binance and OKX futures listings send Neiro On Ethereum (NEIRO) up over 100%
Summary: NEIRO has experienced an explosive rally following the announcement of NEIROETH perpetual futures listings on major exchanges ...
- Sentiment: 0.0
- Invezz @ 2024-09-06 13:36:12 EDT Read More
Can Memecoin Mania Help Revive Ethereum’s Deflationary Dreams?
Summary: Ethervista, a new Ethereum-based platform, has quickly become a major ETH burner, incinerating 168 ETH in the past week. It now ranks just behind Uniswap in ETH burning, boosting Ethereum's deflationary dynamics amidst declining network activity.
- Sentiment: 0.1
- Unchained Podcast @ 2024-09-06 17:26:59 EDT Read More
Solana Whale Holding $66,000,000 Sells Off 20% To Buy This Promising Ethereum Token At $0.01831
Summary: ETFSwap (ETFS), an Ethereum-based token, is generating buzz as a potentially massive investment opportunity. With promises of 100x returns, it features a DeFi platform offering trading of tokenized ETFs and AI trading tools.
- Sentiment: 0.8
- Coinpedia @ 2024-09-06 20:02:07 EDT Read More
Ethereum hits 2024 low.
2024-09-06 01:32:56 EDT, Sentiment: 0.26
Ethereum experiences significant declines, including a 12% weekly loss and hitting its lowest price of 2024.
Crypto Price Today: Bitcoin Struggles to Cross $57K, ETH and SOL Dip
Summary: Ethereum (ETH) dropped 0.82% in 24 hours and 5.20% over the past week, reflecting regulatory pressures on decentralized finance (DeFi) projects and discussions about its energy consumption.
- Sentiment: -0.37
- Analytics Insight @ 2024-09-06 01:50:00 EDT Read More
Bitcoin and Ethereum Plunge amid Unraveling Yen Carry Trade and Market Jitters
Summary: Ethereum, along with Bitcoin, has experienced a price decline due to macroeconomic factors, particularly the Yen carry trade unwind and potential future rate hikes by the Bank of Japan. This bearish sentiment is also reflected in significant outflows from Ethereum ETFs.
- Sentiment: -0.7
- West Island Blog @ 2024-09-06 01:45:23 EDT Read More
Crypto Prices Today: Bitcoin Holds at $56K, Ethereum Drops to $2.39K
Summary: Ethereum (ETH) dropped by 0.81% to $2,393.33 on September 6, 2024, while maintaining its significant role in smart contracts and DeFi. Despite the decline, its robust ecosystem and upcoming upgrades continue to support its position in the market.
- Sentiment: 0.16
- SFC Today @ 2024-09-06 01:32:56 EDT Read More
CoinEx Research: Ethereum and Bitcoin Show Divergent Paths in August's Turbulent Crypto Market
Summary: Bank of Japan Rate Hike The decision by the Bank of Japan to increase interest rates led to significant market turmoil, triggering a global sell-off. Bitcoin, in particular, closed the month near ...
- Sentiment: 0.0
- TMCnet @ 2024-09-06 03:04:07 EDT Read More
Van Eck Report: Crypto Winter in August? Bitcoin & Ethereum Take a Dive
Summary: In August 2024, Ethereum fell 24%, outpacing Bitcoin’s 11% decline, driven by declining blockchain usage and competition from faster Layer 2 solutions. Ethereum’s market share and fee revenue dropped significantly, while competitors like Tron saw gains.
- Sentiment: -0.65
- blockonomi @ 2024-09-06 04:13:57 EDT Read More
Ethereum Crashes to Monthly Low – Is There Worse to Come?
Summary: Crypto's second biggest currency, the $285 billion market cap $ETH token underpinning Ethereum, the blockchain with the most commercial activity, has.
- Sentiment: 0.0
- Cryptonews @ 2024-09-06 11:53:06 EDT Read More
Ethereum marks massive 12% weeky loss
Summary: Most cryptocurrencies lost ground on Friday as risk appetite weakened following underwhelming US jobs data. The US payrolls report showed the economy added...
- Sentiment: 0.0
- Economies.com @ 2024-09-06 15:45:11 EDT Read More
News Explorer — Bitcoin and Ethereum Could See More Price Declines As Crypto Derivatives Market Points to Volatility
Summary: Data from the cryptocurrency derivatives market shows increased bearish sentiment for Ethereum, with rising implied volatility and a preference for out-of-the-money put options, suggesting potential further price declines and heightened short-term uncertainty.
- Sentiment: -0.8
- Decrypt @ 2024-09-06 17:06:07 EDT Read More
Crypto Derivatives Signal ‘Greater Downside’ for Bitcoin and Ethereum: Report
Summary: The latest data from Bybit and Block Scholes reveals increased implied volatility for Ethereum options, indicating a bearish sentiment among traders. The heightened activity in out-of-the-money put options and overall market trends suggest expectations of further price declines for ETH.
- Sentiment: -0.8
- Decrypt @ 2024-09-06 16:52:53 EDT Read More
Cryptos tumble, Bitcoin slumps 5%, Ethereum sinks 7%
Summary: The price of the world's largest cryptocurrencies fell on Friday as investors digested the latest labor market data in the United States, which showed that...
- Sentiment: 0.0
- breakingthenews.net @ 2024-09-06 16:38:07 EDT Read More
Ethereum Plunges to 2024 Low and Bitcoin Sinks as Liquidations Hit $272 Million
Summary: Ethereum's price fell to $2,193, its lowest in 2024, after a nearly 8% drop in 24 hours. Over the past week, ETH has decreased by 13%, reflecting a broader market decline and investor pullback from riskier assets.
- Sentiment: -0.8
- Decrypt @ 2024-09-06 18:08:42 EDT Read More
News Explorer — Ethereum Hits Lowest Price in 2024, Bitcoin Plunges as Crypto Market Contracts
Summary: Ethereum has reached its lowest price in 2024, dropping nearly 8% to $2,193 amid a broader crypto market contraction.
- Sentiment: -0.8
- Decrypt @ 2024-09-06 19:35:07 EDT Read More
Monochrome files for Ether ETF
2024-09-06 01:15:09 EDT, Sentiment: 0.66
Monochrome is applying to launch Australia's first ETF to directly hold Ether.
Monochrome confident as it files for Australia's first ETF to hold Ether directly
Summary: Monochrome Asset Management hopes to list a spot Ether ETF in Australia by the end of September.
- Sentiment: 0.0
- Cointelegraph @ 2024-09-06 01:15:09 EDT Read More
Monochrome Applies to Launch Australia's First Ethereum ETF
Summary: Monochrome Asset Management has filed for Australia's first spot ether exchange-traded fund (ETF), called Monochrome Ether (IETH), on Cboe Australia. Approval is expected by the end of September, with high anticipated interest from investors.
- Sentiment: 0.6
- ihodl.com @ 2024-09-06 06:43:08 EDT Read More
Monochrome Asset Management files for ‘Australia’s first’ spot Ether ETF
Summary: Australian Investment Management Firm, Monochrome Asset Management plans to have the first Ether ETF in Australia.
- Sentiment: 0.0
- cryptopolitan @ 2024-09-06 09:20:09 EDT Read More
Monochrome Files For Australian Ethereum ETF, The First In Direct Holding
Summary: Monochrome Asset Management has filed for a spot Ethereum ETF, named IETH, to be listed on CBOE Australia. The fund will allow passive investment in Ether, aiming for approval by the end of September and extending regulated crypto options in Australia.
- Sentiment: 0.6
- The Tech Report @ 2024-09-06 22:18:31 EDT Read More
Zurich Cantonal Bank offers Ethereum trading.
2024-09-06 01:00:52 EDT, Sentiment: 0.74
Zurich Cantonal Bank has introduced Ethereum trading options, reflecting growing institutional interest in ETH alongside Bitcoin.
Switzerland’s Zurich Cantonal Bank unveils Ethereum, Bitcoin trading options
Summary: Zurich Cantonal Bank (ZBK) now offers ETH and BTC trading through its mobile app, enhancing crypto accessibility and potentially influencing other banks to adopt similar services. This move reflects Switzerland's growing embrace of digital assets amid favorable regulations.
- Sentiment: 0.6
- AMBCrypto @ 2024-09-06 01:00:52 EDT Read More
Zurich Cantonal Bank Launches Bitcoin and Ethereum Trading Options
Summary: Zurich Cantonal Bank has introduced trading options for Ethereum, allowing customers to buy, sell, and store ETH through its mobile app and eBanking platform. This move positions ZKB as a leader in integrating cryptocurrencies into traditional banking and enhances crypto adoption in Switzerland.
- Sentiment: 0.9
- Somaliupdate Online @ 2024-09-06 02:05:00 EDT Read More
Legendary Trader Who Predicted Ethereum & Tron's Growth Now Sees DTX Exchange As the Next Crypto Sensation
Summary: Swiss bank ZKB has added Ethereum (ETH) to its digital banking platform, potentially increasing ETH’s accessibility in Switzerland. Despite recent price drops, this development could spur a rally, with analysts forecasting ETH to reach $2,700 by October 2024.
- Sentiment: 0.35
- Coinpedia @ 2024-09-06 03:27:10 EDT Read More
Ethereum and BNB Whales Exit as DTX Exchange Dawns on TradFi Horizon With First Hybrid Blockchain
Summary: Zürcher Kantonalbank now offers trading and secure storage for Ethereum (ETH), though with restrictions. Ethereum’s market cap is $286 billion, and it remains stable despite broader market fluctuations. The DTX Exchange is gaining attention for its hybrid trading model and potential profitability.
- Sentiment: 0.3
- Analytics Insight @ 2024-09-06 15:30:00 EDT Read More
Ethereum underperforming compared to rivals.
2024-09-06 00:30:50 EDT, Sentiment: 0.58
VanEck highlights Ethereum’s weaknesses and underperformance in 2024 compared to other cryptocurrencies like Solana.
Best Cloud Mining Platforms for Ethereum
Summary: The article details cloud mining platforms for Ethereum, emphasizing the benefits of cloud mining, such as avoiding the cost and complexity of hardware. Key platforms include Genesis Mining for reliability, Hashflare for transparency, and Ethermine for its large mining pool.
- Sentiment: 0.1
- SFC Today @ 2024-09-06 00:30:50 EDT Read More
$ETH: VanEck Explains Why Ethereum is Underperforming in 2024
Summary: VanEck's report highlights Ethereum's underperformance compared to other Layer 1 blockchains due to scalability issues, slower transaction speeds, and competition from faster alternatives like Solana. Ethereum's share of blockchain fees and DEX volumes has significantly declined.
- Sentiment: -0.6
- CryptoGlobe @ 2024-09-06 04:02:39 EDT Read More
Exploring Ethereum's Future: Tokenization Use Cases
Summary: Tokenization on Ethereum is transforming traditional financial instruments and assets into digital tokens, enhancing liquidity, transparency, and efficiency. This process includes treasury products, private equity, and crowdfunding, with significant potential for startups and global investment opportunities.
- Sentiment: 0.7
- Blockchain News @ 2024-09-06 06:31:00 EDT Read More
Ethereum Foundation’s New Scaling Solutions: A Leap Toward Lightning-Fast Transactions - Read Here
Summary: In a groundbreaking development that promises to reshape the landscape of blockchain technology, the Ethereum Foundation has unveiled its latest layer-2...
- Sentiment: 0.0
- The Vocal News @ 2024-09-06 07:53:06 EDT Read More
Weekly Recap: Trump’s Crypto Project, Solana vs. Ethereum Debate, and More
Summary: 21Shares has launched 21BTC, a new wrapped Bitcoin on the Ethereum blockchain, providing a secure alternative to existing options amid waning trust in WBTC.
- Sentiment: -0.1
- Unchained Podcast @ 2024-09-06 09:12:06 EDT Read More
This Ethereum (Eth) Alternative Is Just $0.03 Now and Is Expected to Enter the Top 10 Coins by 2025 |
Summary: Ethereum’s transition to Proof-of-Stake in 2022 marked a major milestone, enhancing its efficiency and scalability. Future upgrades like sharding aim to further improve performance and reduce costs, supporting Ethereum’s role in powering a broad range of decentralized applications.
- Sentiment: 0.9
- Bitcoinist @ 2024-09-06 08:50:57 EDT Read More
Synthetix Sets to Launch SNAXChain for Enhanced DeFi Experience on Optimism’s Superchain
Summary: Synthetix is launching SNAXChain on Optimism’s Superchain infrastructure, aiming to improve efficiency and scalability in DeFi. SNAXChain will enhance liquidity and governance within the Synthetix protocol, with new governance voting starting on September 6, 2024.
- Sentiment: 0.7
- West @ 2024-09-06 06:45:30 EDT Read More
VanEck Highlights Ethereum’s Weaknesses—Is Solana the Better Choice for DeFi?
Summary: Ethereum experienced a 24% drop in value in August 2024 due to market volatility and increasing competition. This decline was part of a broader downturn in the crypto market, contrasting with modest gains in traditional financial indexes.
- Sentiment: -0.7
- Crypto Economy @ 2024-09-06 09:19:55 EDT Read More
Lista DAO Adds Lido’s wstETH as Collateral for lisUSD Loans
Summary: Lista DAO now allows wstETH as collateral for borrowing lisUSD, enabling users to earn Ethereum staking rewards while accessing liquidity. This integration enhances asset utilization and financial flexibility within the DeFi ecosystem, improving both platforms' appeal and efficiency.
- Sentiment: 0.7
- BlockchainReporter @ 2024-09-06 11:15:00 EDT Read More
Best Ethereum Casinos 2024: Top Crypto Gambling Sites
Summary: Discover the best Ethereum casinos where you can enjoy secure gaming, generous bonuses, and a wide selection of games.
- Sentiment: 0.0
- Crypto Daily @ 2024-09-06 12:00:06 EDT Read More
Escaping the Casino: How Tokenized Assets Will Save DeFi From Itself
Summary: Vitalik Buterin critiqued DeFi as a "circular casino" reliant on token speculation, noting its limitations for scaling crypto adoption. However, he highlighted the promise of tokenized assets, with significant growth in tokenized government securities and stablecoins on Ethereum, suggesting a shift towards real-world financing.
- Sentiment: 0.2
- CoinDesk @ 2024-09-06 13:20:12 EDT Read More
Why Has Ethereum Significantly Underperformed Bitcoin, Solana, And BNB Since Shifting To Proof-Of-Stake? Experts Explore
Summary: Since Ethereum's transition to proof-of-stake in "The Merge," ETH has underperformed Bitcoin by 44% and has lagged behind altcoins like Solana and BNB. Analysts suggest ETH could drop an additional 50% against Bitcoin due to weaker network dynamics.
- Sentiment: -0.7
- ZyCrypto @ 2024-09-06 15:05:35 EDT Read More
Base To Boost Ethereum L2 Gas Targets Weekly: Blob Capacity Nearing Limit
Summary: Ethereum’s Base platform plans to boost its Layer 2 scaling gas target weekly, potentially filling blob space and impacting data availability fees. They advocate for increasing blob capacity and implementing PeerDAS in Ethereum's upcoming Pectra Hard Fork to maintain L2 scalability.
- Sentiment: 0.4
- TronWeekly @ 2024-09-06 17:27:00 EDT Read More
WisdomTree withdraws its Ethereum Trust S-1 registration filing
Summary: Asset manager WisdomTree has requested to withdraw its Ethereum Trust S-1 filing with the United States Securities and Exchange Commission.
- Sentiment: 0.0
- Cointelegraph @ 2024-09-06 20:42:08 EDT Read More
Ethereum Developers Discuss Pectra Upgrade and Resource Constraints in ACDC Call #141
Summary: On September 5, 2024, Ethereum developers discussed finalizing updates to the Pectra specification, including fixes for EIP 7251 and improvements to Beacon Chain efficiency. They also debated strategies for validator withdrawals and deposit requests, enhancing Ethereum's consensus layer.
- Sentiment: 0.5
- Blockchain News @ 2024-09-06 21:28:00 EDT Read More
Ethereum ETFs show modest outflows.
2024-09-06 00:05:10 EDT, Sentiment: 0.35
Ethereum ETFs have experienced modest declines and outflows, while ETH liquidity has dropped by 20% following recent events.
Ethereum ETF Flow Analysis on September 5, 2024
Summary: On September 5, 2024, Ethereum ETFs experienced a net outflow of -0.2 million USD. ETHE saw a significant outflow of -7.4 million USD, while ETH had an inflow of 7.2 million USD. Other Ethereum ETFs reported no changes.
- Sentiment: -0.1
- Blockchain News @ 2024-09-06 00:05:10 EDT Read More
BTC ETFs See $211M Outflow, ETH ETFs Record Modest Decline
Summary: On September 5th, Ethereum ETFs experienced a minor outflow of $0.2M, with Grayscale Mini (ETH) seeing inflows of $7.2M while Grayscale’s Ethereum ETF (ETHE) faced outflows of $7.4M. Despite being modest, Ethereum ETFs also reflect slight volatility.
- Sentiment: -0.6
- FXDailyReport.Com @ 2024-09-06 03:06:21 EDT Read More
Ethereum News: Why Ether’s Liquidity Is Plummeting Despite ETF Launch
Summary: The introduction of spot ether ETFs has led to a significant drop in liquidity, with average market depth falling by 20% on U.S. exchanges and 19% on offshore platforms. Despite ETF expectations, ether liquidity is down 45% from June's peak.
- Sentiment: -0.6
- Coinpedia @ 2024-09-06 06:05:33 EDT Read More
Bitcoin ETF Weeklong Outflows Exceed $1B, Ethereum ETFs Almost Neutral
Summary: Bitcoin ETFs have seen $1 billion in outflows in 7 days and Ethereum ETFs run mostly neutral as Redtember market woes deepen.
- Sentiment: 0.0
- CCN.com @ 2024-09-06 05:59:07 EDT Read More
Is Ethereum Losing Its Edge? ETH Beta Altcoins Show Unexpected Rise
Summary: Ethereum's price has dipped below $2,370 again, reflecting ongoing pressure. Despite this, ETH Beta assets are holding up relatively well, suggesting potential shifts in market dynamics. Additionally, Ethereum ETFs experienced significant outflows totaling $562 million, with mixed performance among different funds.
- Sentiment: 0.1
- Coinpedia @ 2024-09-06 08:12:36 EDT Read More
Ethereum ETFs Fail to Boost Investor Interest, ETH Liquidity Drops 20%
Summary: Following the Ethereum ETF launch, the average 5% market depth for ETH pairs on US-based centralized exchanges has dropped by 20% and currently stands at...
- Sentiment: 0.0
- Coinspeaker @ 2024-09-06 10:09:09 EDT Read More
Bitcoin ETFs Lose $211 Million as Ethereum Funds See Modest Outflows
Summary: Thursday's trading session saw spot bitcoin exchange-traded funds (ETFs) experienced outflows totaling $211.15 million, while ethereum ETFs faced a much...
- Sentiment: 0.0
- Bitcoin.com News @ 2024-09-06 10:30:06 EDT Read More
Ether liquidity drops 20% on exchanges post-ETF
Summary: Ether liquidity has plummeted 20% since the debut of nine Ethereum ETFs on July 23. Despite Bitcoin’s success with spot ETFs ...
- Sentiment: 0.0
- cryptopolitan @ 2024-09-06 12:22:07 EDT Read More
Ethereum ETF Demand Might Look Weak But Bitcoin Comparison Isn't Fair: JP Morgan
Summary: Spot Ethereum ETFs have faced challenges since their launch on July 23, with $476 million in net outflows and a 30% drop in ETH price. Analysts note that comparing them to Bitcoin ETFs is misleading due to differing market dynamics and asset characteristics.
- Sentiment: -0.4
- Decrypt @ 2024-09-06 13:46:19 EDT Read More
Crypto Volatility Spikes After Payroll; Massive Bitcoin ETF Outflows; Ethereum Foundation To Release Financial Report
Summary: Ethereum ETFs saw a slight net outflow of $0.2 million, with $7.2 million inflow into other ETH ETFs. Despite Ethereum's price drop of 36.44% over the past six months, interest in ETH ETFs remains relatively stable compared to Bitcoin ETFs.
- Sentiment: -0.56
- ADVFN Brasil @ 2024-09-06 14:39:07 EDT Read More
Ethereum dips below $2,300 following August NFP data, ETH ETFs continue posting outflows
Summary: Ethereum (ETH) fell nearly 5% after disappointing US Nonfarm Payrolls data. ETH needs to hold around $2,100 to sustain its bull market. JP Morgan reports ETH ETFs perform similarly to Bitcoin ETFs in terms of assets under management.
- Sentiment: -0.55
- FXStreet @ 2024-09-06 14:25:00 EDT Read More
Spot Bitcoin ETFs Face Worst Streak Since May, Ethereum ETFs Struggle to Rebound
Summary: Ethereum ETFs are struggling with low demand and significant outflows, with notable withdrawals of $47.4 million on September 3 and $37.5 million on September 4. Despite minor inflows into Fidelity’s FETH ETF, the broader Ethereum ETF market remains bearish.
- Sentiment: -0.8
- The Currency analytics @ 2024-09-06 16:12:55 EDT Read More
How Bitcoin, Ethereum Showed Shocking Divergence Post ETF Launch
Summary: Ethereum has seen a 30% decline since the launch of its spot ETF in July, with its price falling to $2,297. This contrasts sharply with Bitcoin, which has risen over 30% since its ETF debut in January.
- Sentiment: -0.2
- The Coin Republic @ 2024-09-06 22:41:07 EDT Read More
Ethereum price surge predictions.
2024-09-06 00:02:30 EDT, Sentiment: 0.4
Ripple announces plans for Ethereum-compatible smart contracts and a presale aiming to compete with Ethereum.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin faces potential decline if it falls below $56,000 threshold
Summary: Ethereum is set for a downward trend if it closes below the $2,327 level, with a potential decline of 8.5% to test support at $2,118. Current indicators suggest bearish momentum and a continuation of the downward trend.
- Sentiment: -0.7
- FXStreet @ 2024-09-06 00:02:30 EDT Read More
Trader Says Ethereum-Based Altcoin Could Explode by Over 150%, Updates Outlook on Bitcoin, Solana and Toncoin
Summary: Ali Martinez is cautiously bullish on Polygon (POL), an Ethereum-based altcoin. He notes that POL is forming a bearish descending triangle pattern but could rise by 155% if it holds the $0.34 support level, currently trading at $0.369.
- Sentiment: 0.05
- The Daily Hodl @ 2024-09-06 05:16:07 EDT Read More
Crypto Price Analysis September-06: ETH, XRP, ADA, BNB, and SOL
Summary: Ethereum (ETH) broke below $2,400, closing with a 6% loss and reinforcing a bearish bias. If buyers don’t intervene, ETH may drop to $2,000, potentially dragging down the altcoin market further.
- Sentiment: -0.87
- CryptoPotato @ 2024-09-06 04:50:53 EDT Read More
Crypto Price Analysis 9-6 BTC, ETH, SOL, TON, TRX, SHIB, DOT
Summary: As a result, almost all major US stock indices slipped into the red. Bitcoin (BTC) dropped nearly 4% over the past 24 hours, while gold registered a 1%...
- Sentiment: 0.0
- Crypto Daily @ 2024-09-06 08:00:06 EDT Read More
Bitcoin, Ethereum, XRP Weekly Wrap – September 6, 2024
Summary: Ethereum's price is at $2,372, nearing a crucial support level of $2,344. After a 6% decline over the past week, it may stabilize or recover if it holds above this support. Falling below $2,344 could confirm a downtrend.
- Sentiment: -0.3
- BeInCrypto @ 2024-09-06 07:41:18 EDT Read More
Crypto today: Bitcoin, Ethereum, XRP tests key support, TRON network non-stablecoin activity hits new highs
Summary: Ethereum trades below $2,390, experiencing consistent outflows from Spot ETFs, mirroring Bitcoin's trend. The Ethereum Foundation plans to spend 15% of its remaining funds annually, as noted by co-founder Vitalik Buterin.
- Sentiment: -0.1
- FXStreet @ 2024-09-06 09:15:00 EDT Read More
Ripple Announces Plans For Ethereum-compatible Smart Contracts While Rollblock Becomes Fastest Growing Crypto Presale
Summary: Ripple plans to integrate Ethereum-compatible smart contracts into its XRP Ledger (XRPL), enhancing interoperability and supporting scalable dApps, DeFi, and supply chain solutions. This development has contributed to a 16% increase in XRP's price.
- Sentiment: 0.8
- Crypto News Flash @ 2024-09-06 09:00:17 EDT Read More
Ethereum ($ETH), Binance Coin ($BNB), and Solana ($SOL) ready to bounce strongly
Summary: With the whole crypto market on tenterhooks, and the U.S. non-farm payroll data expected later on Friday, sentiment is still decidedly bearish.
- Sentiment: 0.0
- Crypto Daily @ 2024-09-06 09:00:06 EDT Read More
Intel Markets presale selling out, aims to compete with SOL, ETH
Summary: Ethereum is currently facing bearish sentiment with its price down 20% in a month. Analyst Mags forecasts a potential price rise to $5,250, suggesting a possible rebound after forming a double-bottom near $2,350, supported by strong technical indicators.
- Sentiment: 0.75
- crypto.news @ 2024-09-06 10:00:00 EDT Read More
Will Ethereum Price Surge Before Month Ends? Critical Analysis of Top Altcoins
Summary: Analyze the latest price movements, resistance and support levels for Ethereum (ETH), Solana (SOL), Ripple (XRP), Polkadot (DOT), and Toncoin (TON).
- Sentiment: 0.0
- Crypto Daily @ 2024-09-06 11:41:06 EDT Read More
‘Extreme Fear’ And Fed Panic Sparks Sudden $2 Trillion Crypto Price Crash—Hitting Bitcoin, Ethereum, BNB, Solana, XRP And Dogecoin
Summary: Ethereum and other top cryptocurrencies have dropped between 5% and 10% following a severe decline in Bitcoin’s price, driven by concerns over U.S. economic data and potential Federal Reserve interest rate cuts.
- Sentiment: -0.6
- Forbes @ 2024-09-06 17:45:07 EDT Read More
Ethereum all-time high unlikely 2024
2024-09-05 23:46:10 EDT, Sentiment: 0.47
Ethereum faces a slim chance of reaching its all-time high by 2024, with forecasts suggesting possible significant declines in price.
Ether all-time high in 2024 'possible, but not highly likely'
Summary: A crypto analyst notes that while spot Ether ETFs have gained “Wall Street attention,” they now compete directly with tech stocks, which are delivering...
- Sentiment: 0.0
- Cointelegraph @ 2024-09-05 23:46:10 EDT Read More
Ethereum price (ETHUSD) needs additional negative motive – Forecast today - 06-09-2024
Summary: Ethereum price (ETHUSD) shows positive trades by today's open, and it might head to test the intraday bearish trend line at 2463.00$ before turning back to...
- Sentiment: 0.0
- Economies.com @ 2024-09-06 00:37:09 EDT Read More
Ethereum to $4000? Here’s why traders should wait for THIS!
Summary: ETH is currently trading within a falling wedge, with key support around $2,200. Analysts predict a potential 80.47% rally if ETH rebounds from this level, possibly reaching $4,000, despite a recent 6.62% decline and bearish market indicators.
- Sentiment: 0.05
- AMBCrypto @ 2024-09-06 02:00:30 EDT Read More
Ether all-time high in 2024 ‘possible, but not highly likely’
Summary: Ether’s prospects for reaching new all-time highs by the end of 2024 are considered slim by analysts, due to its struggle to maintain a strong narrative compared to tech stocks. The recent launch of Ether ETFs has intensified competition with these stocks.
- Sentiment: -0.2
- FXStreet @ 2024-09-06 03:06:11 EDT Read More
Ethereum Price Prediction: Is a Breakout in 2024 Still Possible?
Summary: Ethereum’s price momentum has weakened, dropping 5.4% in the past month. Analysts are skeptical about Ethereum reaching new highs this year, with some experts challenging its potential compared to tech stocks and projecting low odds for a breakout.
- Sentiment: -0.2
- Coinpedia @ 2024-09-06 03:00:02 EDT Read More
Ethereum Fights for Survival with Slim 2024 High Hopes
Summary: In 2024, Ethereum's price struggles, rising only 0.98% amid strong tech stocks and limited narrative appeal. Analysts suggest the upcoming U.S. presidential election could be pivotal for Ethereum’s future, though its impact remains uncertain with only a 10% chance of a significant boost.
- Sentiment: 0.0
- Tipranks @ 2024-09-06 03:43:01 EDT Read More
THIS Ethereum metric just hit its 2016 levels; history tell us ETH’s price will…
Summary: Ethereum exchange reserves have hit a critical low, with recent outflows suggesting increased demand at lower prices. Historical patterns from 2016 indicate a potential for a significant rally if current trends continue, despite ongoing bearish pressures.
- Sentiment: 0.1
- AMBCrypto @ 2024-09-06 06:00:17 EDT Read More
Ethereum price (ETHUSD) forecast update - 06-09-2024
Summary: Ethereum price (ETHUSD) resumes its negative trading to approach 2300.00$ barrier, which supports the expectations of continuing the bearish trend for the...
- Sentiment: 0.0
- Economies.com @ 2024-09-06 05:34:07 EDT Read More
Ethereum Price Risks Freefall to $1,600
Summary: Ethereum's price remains under significant pressure, falling below $2,400 for the second time in three days. The Coinbase Premium Index has dropped, indicating reduced buying interest from US investors, which could lead to further declines.
- Sentiment: -0.65
- BeInCrypto @ 2024-09-06 07:08:16 EDT Read More
ETH Shows Indecisiveness with Potential Downside
Summary: Ethereum (ETH) is currently experiencing indecisiveness with a potential downside risk. If ETH drops below 0.042 BTC, it could fall under 0.04 BTC, negating the current bullish divergence.
- Sentiment: -0.3
- Blockchain News @ 2024-09-06 06:51:08 EDT Read More
Ethereum Faces Slim Chance of Breaking All-Time High by 2024, Analysts Warn
Summary: Analysts predict Ethereum has slim chances of hitting new all-time highs in 2024 amid tech stock competition.
- Sentiment: 0.0
- Coinspeaker @ 2024-09-06 06:47:08 EDT Read More
Daily Market Review: BTC, ETH, TON, HNT, NOT
Summary: Ethereum (ETH) is facing a bearish trend, with its price showing a bearish pennant pattern, suggesting potential further decline if it breaks below the pennant's support. Despite being oversold, a short-term reversal could occur if buying interest increases.
- Sentiment: -0.3
- BlockchainReporter @ 2024-09-06 06:30:00 EDT Read More
Ethereum Struggles to Surpass $2,440 Amidst Recovery Efforts and Market Volatility
Summary: Ethereum is currently facing resistance at $2,440, with a critical support level at $2,350. A close above $2,440 could lead to a rise towards $2,500, while failure to surpass this resistance may result in a decline to $2,310.
- Sentiment: 0.1
- West Island Blog @ 2024-09-06 07:45:33 EDT Read More
Ethereum (ETH) Price to $4K? Traders Eye Key $2.2K Support Level
Summary: Ethereum has declined by 6.62% recently. Analyst Carl Runefelt predicts an 80% price surge if ETH holds the $2,200 support level. Critical support levels are $2,218 and $2,281, with bearish signals from increased short positions and declining funding rates.
- Sentiment: -0.3
- CoinChapter @ 2024-09-06 10:01:34 EDT Read More
ETH Sees Profitable Swing Trades Post US Non-Farm Payroll Data
Summary: After the US non-farm payroll data release, Ethereum (ETH) saw a minor rebound. A trader made $378,000 in profits from two successful swing trades, buying 5,263 ETH at $2,350 and selling at $2,397.
- Sentiment: 0.7
- Blockchain News @ 2024-09-06 09:51:09 EDT Read More
The forecasts of Ethereum and Bitcoin in the short and long term
Summary: Ethereum (ETH) could reach over €17,000 by 2030, driven by advancements in DeFi and NFT adoption. Technological improvements and network scalability are key growth factors, despite potential volatility and economic uncertainties impacting short-term price fluctuations.
- Sentiment: 0.7
- The Cryptonomist @ 2024-09-06 09:20:09 EDT Read More
Concerns Over ETH Market Depth
Summary: Concerns have been raised about Ethereum (ETH) market depth, with indications that current liquidity might be insufficient for substantial trading, potentially impacting market stability.
- Sentiment: -0.6
- Blockchain News @ 2024-09-06 10:36:06 EDT Read More
ETH/BTC Sensationally Drops to April 2021 Levels
Summary: The ETH/BTC ratio has dropped to 0.0425, the lowest since April 2021, reflecting Ethereum's diminished network activity and value compared to Bitcoin. The Ethereum Spot ETF's lack of success and decreased transaction fees contribute to its recent struggles.
- Sentiment: -0.8
- U.Today @ 2024-09-06 12:00:00 EDT Read More
Ethereum Slumps Near Reversal: Could This Be the Start of a Bull Run
Summary: Ethereum's price has recently declined by 4.5% to $2,399, reflecting a broader market downtrend. However, technical analysis suggests a potential bullish reversal, with Ethereum approaching key support levels and showing positive trends in whale transactions and active addresses.
- Sentiment: 0.2
- The Currency analytics @ 2024-09-06 12:56:33 EDT Read More
Ethereum’s Rising Inflation ‘Not Necessarily a Bad Thing,’ Analysts Say
Summary: A low and stable Ethereum inflation rate isn't necessarily harmful, according to three analysts and founders.
- Sentiment: 0.0
- Cryptonews @ 2024-09-06 12:20:07 EDT Read More
End of day Ethereum price (ETHUSD) forecast update - 06-09-2024
Summary: Ethereum price (ETHUSD) traded with strong negativity to manage to surpass 2300.00$ barrier and reinforce the expectations of continuing the decline on the...
- Sentiment: 0.0
- Economies.com @ 2024-09-06 14:06:11 EDT Read More
Ethereum Price Prediction: Analyst Anticipates ETH Dropping to $2200, Sharks Join The Mpeppe Wave After 150%
Summary: Ethereum (ETH) is experiencing bearish trends, with predictions of a further price drop to $2,200 due to its underwhelming performance and macroeconomic uncertainties. Meanwhile, meme coin Mpeppe (MPEPE) has gained significant attention and a 150% presale rally.
- Sentiment: -0.6
- Bitcoinist @ 2024-09-06 13:27:23 EDT Read More
Benjamin Cowen Issues Ethereum Collapse Alert, Layer 2 Meme Mpeppe Prepares For Tier-1 Listings |
Summary: Analyst Benjamin Cowen warns that Ethereum (ETH) may decline further against Bitcoin (BTC), potentially falling to $1,200. ETH has already dropped nearly 48% from its 2024 high, and Cowen's analysis suggests continued bearish pressure.
- Sentiment: -0.4
- Bitcoinist @ 2024-09-06 13:21:53 EDT Read More
Analyst Says Ethereum Price Might Plunge To $1,800, Investors Seek Safe Haven With Promising Presale
Summary: Analyst Ali Martinez predicts Ethereum could drop to $1,800 due to a continuing downtrend, which has led investors to seek alternatives like ETFSwap (ETFS) for potentially higher returns. ETFSwap’s presale is seeing significant interest amid Ethereum's bearish outlook.
- Sentiment: -0.3
- blockonomi @ 2024-09-06 15:00:31 EDT Read More
Here’s what Ethereum’s 70% orderbook imbalance means for traders
Summary: Ethereum's price could rise following a 70% orderbook imbalance and a bullish ascending triangle pattern. Despite negative ETF flows and concerns about losing momentum, recent indicators suggest potential for upward movement in ETH’s price.
- Sentiment: 0.6
- AMBCrypto @ 2024-09-06 16:00:40 EDT Read More
Crypto Analyst Says Ethereum Could Fall Further if ETH Support Level Crumbles, Maps Path Forward for Bitcoin
Summary: Ethereum (ETH) is at a pivotal point, with its future direction reliant on its performance against Bitcoin (ETH/BTC). If ETH falls below 0.042 BTC, it could drop further and negate the current bullish divergence.
- Sentiment: 0.1
- The Daily Hodl @ 2024-09-06 15:56:11 EDT Read More
Ethereum Underperforms Bitcoin 2 Years After The Merge, According to Cryptoquant Data
Summary: Ethereum has underperformed bitcoin by 44% since The Merge, according to research from the latest Cryptoquant report.
- Sentiment: 0.0
- Bitcoin.com News @ 2024-09-06 15:30:11 EDT Read More
ETH, Stabilization Above $2,000? Ethereum Technical Analysis For September 6, 2024
Summary: Ethereum (ETH) struggles to regain strength, with recent price hovering around $2,350 and facing resistance at $2,800. The cryptocurrency remains weak against Bitcoin and altcoins, with a bearish trend confirmed by Ichimoku analysis and critical support levels around $2,234 and $2,120.
- Sentiment: -0.4
- Sepoy.net @ 2024-09-06 11:40:59 EDT Read More
Novel Ethereum Price Indicator Points to Massive ETH Explosion and Altcoin Season, Timeline Inside
Summary: Ethereum's recent price drop to below $2,330 amid a broader crypto market downturn contrasts with optimistic signals. Analysts note a potential trend reversal due to a 'golden cross' pattern, with ETH possibly rising to $2,709-$3,350 by 2024.
- Sentiment: 0.2
- Coinpedia @ 2024-09-06 22:00:00 EDT Read More