Author: Maria
In 2017-2018, the debate was whether Tron would surpass Ethereum to second place. But, looking at how things have evolved, the debate has been settled. Ethereum is the most dominant smart contracts platform. However, this has not prevented analysts from comparing Bitcoin and the world’s most valuable altcoin. Will ETH Finally Flip BTC? Taking to X, one user claims that Ethereum only needs time to flip Bitcoin as the crypto leader. Citing multiple factors, the analyst said Ethereum is better placed to take over from the first cryptocurrency, pointing to, among others, the larger user base and the benefits smart contracts bring…
Ethereum is currently at the forefront of traders’ minds, stirred by recent regulatory developments in the United States. The anticipation of the approval of exchange-traded funds (ETFs) for Ethereum has ignited a rally in its value. So far ETH’s price has witnessed a notable uptrend of over 20% in the past weeks, pushing its price above multiple resistance. This surge coincides with speculative activities around the potential for a similar success story to the January debut of US spot Bitcoin ETFs, which have accumulated more than $50 billion in assets. Ethereum’s Rising Tide: High Stakes and Higher Volatility Amid the…
Co-founder and former Chief Executive Officer (CEO) of MicroStrategy, Michael Saylor, has shown support for the approval of Spot Ethereum ETFs. The crypto billionaire reiterated that the introduction of Ethereum ETFs was “good” for Bitcoin and the broader crypto market. Spot Ethereum ETF Approval Is “Better” For Bitcoin In a recent interview with Beagle, the host of Bitcoin Gamblers Anonymous, Saylor shed light on his perspective of the United States Securities and Exchange (SEC) approval of Ethereum Spot ETFs and how this investment instrument would impact the crypto market. The MicroStrategy founder disclosed that the SEC’s acceptance of Spot Ethereum…
The hallowed halls of academia are embracing the digital age, with the Zurich University of Applied Sciences in Business Administration (HWZ) announcing a one-of-its-kind Bitcoin course. Launching in March 2025, this program promises to be the first of its kind in Europe, offering a comprehensive exploration of Bitcoin for business professionals. However, the hefty price tag of the course has left some members of the cryptocurrency community feeling more like spectators at a “fiat faucet failure” than potential enrollees. Bitcoin Course Costs A Fortune HWZ’s brainchild caters specifically to individuals seeking to integrate crypto into their business models. Spanning 16…
In an interesting turn of events, the United States Securities and Exchange Commission (SEC) approved the pending Ethereum spot ETF applications last week. This landmark development has led to commentary on the value and acceptability of the Ether token, especially amongst a specific demographic. If Bitcoin Is Digital Gold, What Is Ethereum? Eric Balchunas, an ETF analyst at Bloomberg, took to the X platform to discuss the chances of success of the Ethereum spot ETF market following the recent approval. The analyst highlighted how the acceptability of the Ethereum token, especially amongst investors in the 60 to 80-year-old age group…
Following rumors of a potential Ethereum spot exchange-traded fund (ETF) approval, the Bitcoin price made a run at its current all-time high of $73,737. While the momentum was not sufficient to push the premier cryptocurrency to a new record price, BTC still managed to cross the $70,000 level for the first time in over a month. Bitcoin’s price soon experienced a correction and currently sits below $70,000 despite the SEC’s eventual approval of the ETH ETF. However, the latest on-chain revelation suggests that the BTC price might resume its upward movement sooner rather than later. Can Whale Activity Drive BTC’s…
Data shows that a lot of long liquidations have piled up on exchanges after the Ethereum ETF approval, which was a sell-the-news event. Ethereum Price Has Been Down Since Spot ETFs Gained Approval Yesterday, the US Securities and Exchange Commission (SEC) finally gave the green light on all eight Ethereum spot exchange-traded funds (ETFs) that were awaiting approval. Spot ETFs are basically investment vehicles that provide a way to gain indirect exposure to ETH’s price movements without actually owning any tokens. ETFs are available through means that traditional investors would be familiar with, so those who don’t want to bother…
Ethereum’s (ETH) price has failed to make any significant rally following the Securities and Exchange Commission’s (SEC) approval of the Spot Ethereum ETFs. This is undoubtedly surprising, given that the approval was expected to spark a massive price surge for the second-largest crypto token. Why ETH’s Price Has Failed To Rally Ethereum’s price may have failed to rally because the crypto token was already priced into the news about a potential approval. It is worth noting that ETH’S price rallied by almost 20% earlier this week when Bloomberg analysts Eric Balchunas and James Seyffart increased their approval odds from 25%…
In a strategic move, former United States President, Donald J. Trump has announced that his presidential campaign will be accepting donations in various cryptocurrencies. Supporters of the Trump campaign can now contribute using popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Shiba Inu (SHIB) and Dogecoin (DOGE) becoming accepted. Trump Campaign Embraces Bitcoin And Dogecoin Donations In an official statement released on May 21, Trump’s presidential campaign announced the launch of an official fundraising page where federally permissible donors can contribute to the campaign using cryptocurrencies. The statement disclosed that only cryptocurrencies accepted through Coinbase Commerce products can be donated. Trump’s…
Ethereum is firm, trending higher, and outperforming the world’s most valuable coin, Bitcoin. Earlier today, Ethereum prices broke $3,900 before retracing sharply below $3,800 and bouncing back to spot rates. In an attempt to explain the unexpectedly high volatility, especially with prices rapidly dropping from $3,900 and sinking below $3,800, some analysts claim that a large sell order by a Maximum Extractable Value (MEV) trading firm, Symbolic Capital Partners, might be responsible. Ethereum Is Volatile Above $3,800: Possible Explanation In a post on X, one crypto journalist, citing another source, said Symbolic Capital Partners offloaded 6,968 ETH, worth over $27 million, with…