Ethereum Experienced Its Highest Inflationary Period in the Last Quarter: Fidelity

Ethereum Experienced Its Highest Inflationary Period in the Last Quarter: Fidelity   coindesk.com 23 July 2024 11:19, UTC Fidelity noted that the Ethereum network experienced its highest period of inflation in the second quarter. Layer 2 transactions increased 20% since the Dencun upgrade in March, the report said. Ethereum’s base layer fundamentals declined in the…

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BlackRock’s spot Ethereum ETF begins pre-market trading amid muted demand predictions

BlackRock’s spot Ethereum ETF begins pre-market trading amid muted demand predictions   cryptobriefing.com 23 July 2024 11:22, UTC BlackRock’s Spot Ethereum ETF has commenced pre-market trading early Tuesday, following the SEC’s approval for multiple spot Ethereum ETFs. This development allows mainstream investors to directly invest in Ethereum without managing the digital asset themselves, although functionality…

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Wintermute Claims: “Ethereum Spot ETFs Will Not Have The Expected Impact”, Here’s Where They Expect ETH Price To Go

Wintermute Claims: “Ethereum Spot ETFs Will Not Have The Expected Impact”, Here’s Where They Expect ETH Price To Go   en.bitcoinsistemi.com 23 July 2024 09:29, UTC The cryptocurrency market is abuzz in anticipation of the launch of Ethereum ETFs. But algorithmic trading firm Wintermute suggests that demand may not be as strong as some analysts…

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Ether Options Signal Confidence as Impending Exchange-Traded Funds Spur 'Sell The Fact' Concerns

Ether Options Signal Confidence as Impending Exchange-Traded Funds Spur 'Sell The Fact' Concerns   coindesk.com 23 July 2024 10:24, UTC Positioning in ether’s options market counters concerns of a profit-taking-induced price drop following the ETF launch. The absence of a pre-launch pump reduces the “sell the news” risk, one observer said. Ether (ETH) options listed…

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CBOE Launches Five Spot Ethereum ETFs as Trading Goes Live

CBOE Launches Five Spot Ethereum ETFs as Trading Goes Live   blockster.com 23 July 2024 14:28, UTC The Chicago Board Options Exchange (CBOE) is officially launching five spot Ethereum ETFs, marking a significant milestone for the cryptocurrency market. This follows the SEC’s final approval of each fund issuer’s S-1 registration statements, allowing trading to commence…

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