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Vaneck Reveals Plans to Close Ethereum Futures ETF

[Sep 6, 2024 10:30 PM] On Sept. 6, Vaneck announced its decision to close and liquidate the Vaneck Ethereum Strategy exchange-traded fund (EFUT). The liquidation comes after evaluating key factors, including performance and investor interest. The firm noted that…

THORChain Hard Forks: Why Is RUNE Down 70% And Still Dumping?

[Sep 6, 2024 4:30 AM] THORChain, a cross-chain decentralized exchange using Cosmos technology, successfully conducted a hard fork yesterday, September 4. However, while the update was highly anticipated, sellers still needed to press on, looking at the formation in the…

Ethereum Price Poised for Steady Recovery: Can It Build Momentum?

[Sep 6, 2024 2:58 AM] Ethereum price is attempting a recovery wave above $2,380. ETH must clear the $2,440 resistance to continue higher in the near term. Ethereum is attempting a recovery wave from the $2,350 zone. The price is trading below $2,440 and the 100-hourly…

A Deep Dive Into the Top 10 L1 Chains by Daily Transfer Records

[Sep 5, 2024 5:30 PM] In Sept. 2024, data revealed that the top ten layer one (L1) blockchains hold a combined value of $1.66 trillion, a significant chunk of the $2.03 trillion crypto economy. This year, Bitcoin and Ethereum, the two biggest L1 chains, hit all-time…

What Was Behind The Bitcoin And Ethereum Price Crash?

[Sep 5, 2024 4:30 PM] Bitcoin (BTC) and Ethereum (ETH) have started September in the red, having already suffered price declines since the beginning of the month. This bearish sentiment towards the foremost cryptocurrencies and, by extension, the broader crypto market…

Ethereum Price Gains in Danger: Will the Decline Continue?

[Sep 5, 2024 3:28 AM] Ethereum price is attempting a recovery wave above $2,420. ETH must clear the $2,500 resistance to continue higher in the near term. Ethereum is attempting a recovery wave from the $2,320 zone. The price is trading below $2,480 and the 100-hourly…