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news-imageAugust 9, 2024

This Week in Crypto: Market Crash, SEC vs. Ripple, Options Trading on BlackRock's ETH ETF

This week, the crypto market saw significant developments, including a downturn that shook investor confidence and Ripple's ongoing legal battle with the SEC. Additionally, BlackRock made a strategic move to include options trading on its spot Ethereum exchange-traded fund (ETF).
Publisher: BeInCrypto
Sentiment: Negative
ETH
XRP

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Negative
cover-imageCoinPedia
September 7, 2024

VanEck Closing Its Futures ETH ETF: What You Need to Know

A well known asset management firm, VanEck is closing its Ethereum Futures ETF (EFUT). This marks a significant pivot in the firm's strategy amid evolving market conditions. The firm has been operating this ETF for less than a year. This ETF has been operational for less than a year.

Negative
cover-imageUToday
September 7, 2024

Bitcoin's Road Below $50,000: Are You Ready? Here's Why Shiba Inu (SHIB) Can't Wake Up, XRP Breaches Key Support Level

As it gets closer to $55,000 the price of Bitcoin is still showing signs of weakness, and a decline to $52,000 is looking more and more likely. A bearish attitude has been evident in recent market data, especially among institutional investors, who have been withdrawing their money from exchange-traded funds related to Bitcoin.

Negative
cover-imageBitcoin
September 6, 2024

Vaneck Reveals Plans to Close Ethereum Futures ETF

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 shareholders will have until September 16, 2024, to sell their shares before delisting.

Negative
cover-imageThe Daily Hodl
September 6, 2024

Crypto Analyst Says Ethereum Could Fall Further if ETH Support Level Crumbles, Maps Path Forward for Bitcoin

A widely followed crypto analyst is suggesting that Ethereum (ETH) is reaching a decision point. Crypto trader Michaël van de Poppe tells his 724,400 followers on the social media platform X that ETH's next move depends on how it trades against Bitcoin (ETH/BTC). “ETH remains to be in an indecisive state of mind.

Negative
cover-imageCNBC Television
September 6, 2024

Bitcoin and ether head for second week of losses: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Hong Fang of OKX breaks down crypto's recent slide and whether institutional investors are sticking to the sidelines.

Negative
cover-imageZycrypto
September 6, 2024

Why Has Ethereum Significantly Underperformed Bitcoin, Solana, And BNB Since Shifting To Proof-Of-Stake? Experts Explore

Nearly two years after “The Merge” at Ethereum's blockchain — the transition to a proof-of-stake consensus mechanism from a proof-of-work setting — investors in ETH who hoped the pivotal upgrade would provide a financial lift have been left with shrinking returns on investment. Ether's price has underperformed Bitcoin (BTC), BNB, and even Solana (SOL) since the September 15, 2022 merge day.

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