The beginning of the fresh weekly trade has flipped the market sentiments, which were buried under a strong bearish influence. The Ethereum price has also flipped from the interim support and at each dip, the second-largest token has been offering a good buying opportunity.
Vitalik Buterin advocates reducing Ethereum's staking threshold. Faster Ethereum transactions through “single-slot finality” proposed by Buterin.
ETH has surged by 4.36% on monthly charts. This leaves analysts predicting further rise if $2264 support level holds.
Australia is joining the global spot ETF frenzy courtesy of Monochrome's Ethereum ETF (IETH). Monochrome's announcement comes two months after the company launched its Bitcoin ETF (IBTC), which boasts a US$10.1 million investment since August last year.
In the midst of a more optimistic crypto market, both bitcoin and ethereum have enjoyed steady growth, climbing by 3.13% and 3.61%, respectively, over the past week. Additionally, several other digital currencies experienced even more significant increases, with spx6900 (SPX) stealing the spotlight by skyrocketing 107.2%, making it the standout performer of the week.
As of Oct. 14, 2024, ethereum's price is $2,541, with a total market cap reaching $305 billion. In the last 24 hours, ETH has swung between $2,436 and $2,555, supported by a trading volume of $14.31 billion. Despite this activity, technical indicators hint at continued bearish momentum, with key support levels under pressure.
Ethereum is in a crucial phase, with an inverted head and shoulders pattern forming on the daily chart and a double-bottom pattern on the 4-hour chart, both pointing toward the possibility of a slight bullish reversal. The $2.7K neckline and $2.
As markets kick off the week positively, Ethereum (ETH), the second-largest cryptocurrency by market cap, has also shown strength, rising nearly 3% and crossing the critical $2,500 level. Meanwhile, Popular crypto analyst Ali Martinez highlights a historical trend that could lead to a 130% surge, potentially pushing ETH toward $6,000.
But interestingly, as of press time, searching for “DOGE” still shows Dogecoin's price chart.
Today marks a positive day for most cryptocurrencies, with Solana, Bitcoin, and Ethereum leading the top 10 with impressive surges. But what to expect from each?
Vitalik Buterin sold various meme coins for $2.24 million amidst a surge in the meme coin market, emphasizing his support for charitable donations within the crypto space.
Bitcoin (BTC) registered a weekend bounce after briefly dropping below $60,000. The world's largest cryptocurrency has been up by almost 3% over the past 24 hours and is currently trading around the $64,500 mark, with buyers eying the $65,000 price level.
Monochrome, a leading Australian crypto investment firm, is poised to launch the country's first spot ether (ETH) exchange-traded fund (ETF) on Tuesday. The Monochrome Ethereum ETF (IETH) will debut at 10:00 local time, marking a major milestone for the Australian crypto investment landscape. This follows the successful launch of Monochrome's spot bitcoin ETF in August.
TL;DR Speedier Transactions: Vitalik Buterin proposes the introduction of “Single-Slot Finality” to reduce transaction finalization time from up to 15 minutes to just 12 seconds, improving user experience and competitiveness.
Australia-based asset management firm Monochrome is preparing to launch an Ethereum exchange-traded fund (ETF) on the Chicago Board Options Exchange (Cboe). The ETF is expected to begin trading on Monday, October 14.
It would offer in-kind Ethereum subscriptions and redemptions—a feature absent in U.S. crypto ETFs.
Monochrome launches the world's first Ethereum ETF on Cboe Australia. IETH offers in-kind redemption for Ethereum, enhancing flexibility for investors.
Australia-based asset management firm Monochrome is set to launch the nation's first spot Ethereum exchange-traded fund on the global listing exchange Cboe following Ether's much-awaited arrival on American exchanges.
What will be the evolution of the Proof-of-Stake blockchain?
Ethereum co-founder Vitalik Buterin recently outlined ways to improve the blockchain's proof-of-stake (PoS) system despite its existing strengths in decentralization and stability. In a post on Oct. 14, Buterin discussed potential upgrades that could enhance transaction speeds, boost security, and make staking more accessible for solo participants.
In a recent blog post, Buterin shared his thoughts on how Ethereum can improve in a world where it uses a system called proof-of-stake (PoS) instead of the old proof-of-work model. This transition took place in 2022 and was a highly anticipated event for the crypto community.
There is no expectation, however, that the thing will have effects on the price of ETH.
Ethereum co-founder Vitalik Buterin has noted that while the shift from Proof of Work (PoW) to Proof of Stake (PoS) was a major event, there are areas that still need improvement. In a recent blog post, he underlined the importance of making staking more accessible and speeding up block finalization.
Vitalik Buterin, Ethereum co-founder, sold a large amount of meme coins, receiving over $600,000 in ETH, continuing his practice of using unsolicited tokens for charitable donations.
Ethereum co-founder Vitalik Buterin has converted meme coins worth $1.6 million into Ether (ETH) set to be donated to various charitable causes.
Ethereum (ETH), in line with its transition from proof of work (PoW) to proof of stake (PoS), still has a long way to go in its tech goals. In a recent post, Vitalik Buterin shared insights into the next major phase of the transition, dubbed The Merge.
Mike Novogratz's Galaxy Digital once again caused a stir across the crypto market on Monday, moving massive amounts of Bitcoin and Ethereum. On-chain data suggests that the digital assets financial services firm moved over 500 BTC and 7000 ETH between crypto exchanges, sparking investor speculations.
Monochrome has broken new ground with the planned launch of world's first Ethereum ETF featuring in-kind redemptions, offering unique tax advantages for long-term holders.
Ethereum co-founder Vitalik Buterin recently provided an update on the ongoing improvements to Ethereum's proof of stake mechanism. In a detailed discussion, Buterin emphasized the need to enhance the technical design of proof of stake to achieve faster finality and greater accessibility for individual validators.
Ethereum's Buterin has unveiled plans to enhance the network's consensus model, focusing on single-slot finality, staking accessibility, and increased validator participation.
Vitalik proposes enhancing Ethereum upgrade efficiency by confirming blocks in just one slot, speeding up transactions and improving overall network performance.
Ethereum's price has climbed above $2,450, showing bullish momentum with key resistance at $2,520 and support at $2,455.
Australia's Monochrome Asset Management is launching the country's first spot Ethereum exchange-traded fund (ETF). The product, dubbed IETH, will begin trading on Monday on the Australia Cboe exchange.
Let's continue with our column on crypto analysis, with market statistics and news of SUI, Kaspa (KAS), and Ethereum (ETH).
Australia's first spot Ethereum ETF, launched by Monochrome, will debut on Tuesday, offering investors a regulated way to gain exposure to Ethereum with both cash and in-kind redemption options.
Zaheer Ebtikar, the Chief Investment Officer (CIO) and founder of Split Capital—a hedge fund specializing in liquid token investments—has attributed the Ethereum underperformance over the last months to strategic missteps by the Ethereum Foundation and structural shifts in crypto capital flows. In an analysis shared via X (formerly Twitter), Ebtikar writes, “Independent of the myriad of (probable) bad decisions that the ETH foundation & co have made there's another structural reason why ETH has traded like a dog this cycle.
Ethereum co-founder Vitalik Buterin shared his vision for the future of the protocol, with an emphasis on the areas of improvement for proof-of-stake, security and more in a post-Merge world.
Ethereum co-founder Buterin shared his vision for the future of the protocol, with an emphasis on improvement for proof-of-stake, security and more in a post-Merge world.
The launch of Monochrome Ethereum ETF follows the crypto investment firm's spot bitcoin ETF, which went live in August.
The cryptocurrency market has displayed a neutral price action over the past week, indicating weak buying and selling pressure among investors. Moreover, top tokens such as Bitcoin, Ethereum, and Ripple repeatedly fail to break their important resistance, highlighting rising uncertainty.
Uniswap is preparing to launch its Layer 2 blockchain called Unichain, designed to enhance scalability for decentralized finance (DeFi) applications. Unichain is currently in the testnet phase and aims to address the high transaction costs and slow speeds commonly associated with DeFi operations on Ethereum.
Ethereum (ETH) is experiencing a period of consolidation and over the last day, there hasn't been major movement in its price. Ethereum's price movements are also likely to align with Bitcoin's trends. According to analyst Josh of Crypto World, ETH is facing resistance between $2,440 and $2,475, based on previous support and resistance levels.
Despite the poor demand for the spot Ethereum ETF in the first three months following the US launch, Australia's Monochrome Asset Management is preparing for a similar launch in the home country. Interestingly, the Monochrome Ethereum ETF comes with a twist that could revive the demand for the investment product.
Ethereum price started a steady increase above the $2,450 resistance. ETH is holding gains and might gain bullish momentum above $2,520.
Bitcoin reserves on all centralized exchanges have dwindled to an all-time low. The declining amount of Bitcoin reserves on these exchanges represents a growing demand for non-custodial solutions among cryptocurrency holders.
Monochrome Asset Management will launch Australia's first spot Ethereum ETF on the Cboe exchange.
Monochrome hopes its ETF will set it apart from U.S. offerings and domestic rivals by appealing to investors focused on capital gains.
Leading cryptocurrencies slipped Sunday as worries over high inflation and the U.S. government's potential Bitcoin liquidation weighed on the market.