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news-imageNovember 7, 2024

Trump win could fast-track first staked Ether ETF — Nansen analyst

More Ether-related ETFs could help ETH prices rise above the old all-time high of $4,800, recorded nearly three years ago.
Publisher: Cointelegraph
Sentiment: Positive
ETH

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Positive
cover-imageCryptoSlate
November 7, 2024

Staking could lower fees and boost interest in Ethereum ETFs, analyst claims

Staking could significantly boost the flow of investments into US-traded Ethereum exchange-traded funds (ETFs), according to Tom Wan, a former crypto analyst with 21.co. On Nov. 7, Wan pointed out that staking could help the funds reduce management fees, increase the overall amount of Ethereum staked, and provide more substantial incentives for investors.

Positive
cover-imageCrypto Economy
November 7, 2024

Ethereum Rises 8%—VanEck Suggests Renewed Interest Could Fuel Growth

TL;DR Ethereum has seen a 7.39% increase in the last 24 hours, reaching a price of $2,811.13. Experts, such as VanEck's Matthew Sigel, believe that Ethereum could be “oversold” and that a significant rally is ahead. Technical analysis suggests that Ethereum needs to break above the $2,876 resistance to reach $3,000 and potentially $3,300.

Positive
cover-imageCryptoSlate
November 7, 2024

Ethereum Foundation launches Mekong Testnet ahead of Pectra upgrade

The Ethereum Foundation has introduced the Mekong Testnet, a short-term testing environment designed to allow developers to explore new features from the upcoming Pectra upgrade before its mainnet release. In a blog post on Nov. 7, the Foundation said the Mekong Testnet incorporates all Ethereum Improvement Proposals (EIPs) intended for Pectra.

Positive
cover-imageCoingape
November 7, 2024

Dormant Ethereum Whale Returned With Donald Trump's Win Making $30M

November 6 was one of the biggest events in the crypto industry, as the polling results declared Donald Trump as the 47th President of the country. With that, the crypto trading market has witnessed quite a boost, leading to many dormant Ethereum whales returning to the market to benefit from the ETH price rally.

Positive
cover-imageCryptopolitan
November 7, 2024

Ether whales caught cashing out amid 13% price surge

Ethereum (ETH), the second-biggest crypto, took off on Thursday after Bitcoin (BTC) smashed the new all time high over Donald Trump's major win. Ether price surged by around 13% in the last 24 hours, keeping the market momentum bullish, as it was expected to be post elections.

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