The leading investment management firm, VanEck has disclosed its plans to cease and liquidate its Ethereum ETF Futures (EFUT). This marks a major setback for ETH price, which was already going through...
Category: Ethereum
Live Ethereum News Updates.
Ethereum Foundation to Address Spending Criticism with Upcoming Financial Report Amid Major Market Developments
The Ethereum Foundation is under scrutiny as it prepares to release a financial report responding to community concerns about its expenditures. In a significant development, Japan’s major financial in...
Ethereum Foundation Prepares Financial Update Amid $650 Million Wallet and Sustained Spending Concerns
The Ethereum Foundation is preparing to unveil an updated financial report soon, shedding light on its current fiscal health amidst a volatile market. As of now, the foundation’s primary Ethereum wall...
Metalpha’s $14 Million Ethereum Move: A Significant Shift in DeFi and Market Impact
Metalpha, a prominent digital asset management firm, has garnered attention following a significant Ethereum transaction. According to data from on-chain analysis platform Lookonchain, Metalpha execut...
Ethereum Co-Founder Gavin Wood Reveals Bold ‘Proof-of-Ink’ Project to Transform Digital Identity
Gavin Wood, co-founder of Ethereum and founder of Polkadot, is initiating an innovative project aimed at transforming digital identity verification. His recent concept, referred to as “proof-of-ink,” ...
Blockchain Revenue Report: Tron Leads, Ethereum Follows
TRON leads August blockchain revenues with $60.9M, surpassing Ethereum’s $34.8M. Justin Sun forecasts TRON’s revenue to exceed $4 billion by 2025, driven by meme coin growth. Solana ranked third with ...
VanEck Closes Ethereum Futures ETF Amid Launch of Spot Ethereum ETF ETHV
VanEck has announced the closure of its Ethereum futures ETF, citing significant market developments. This strategic move follows the successful approval of VanEck’s spot Ethereum ETF, indicating a sh...
WazirX Hacker Continues To Launder Stolen Ethereum (ETH) Through Crypto Mixer Tornado Cash: PeckShield
The hacker who plundered more than $230 million worth of crypto assets from the Indian exchange WazirX in July continues to launder their stolen Ethereum (ETH), according to the blockchain security fi...
VanEck to Liquidate Ethereum ETF Futures Amid Declining Market Interest
VanEck has announced the termination of its Ethereum ETF Futures, reflecting a significant decline in market interest and investor enthusiasm. The decision comes against a backdrop of persistent poor ...
Metalpha Withdraws $14M ETH, Deposits $12.9M into Binance
A significant event in the cryptocurrency market was reported a few hours ago. Metalpha, a major player in the sector, withdrew 5,994 ETH (approximately $14.07 million) from Lido, according to Lookonc...
VanEck to close its Ethereum futures ETF in September, a year after launch
VanEck is closing its Ethereum Futures ETF (EFUT) by September 16, 2024. The EFUT saw low asset accumulation as compared to VanEck’s spot Ethereum ETF. Generally, Ethereum is facing challenges from co...
VanEck Ethereum Futures ETF Closure As Investors Turn To Spot ETHV
Key points: EFUT shareholders have until the market closes on Sept. 16 to sell their shares, and the fund’s liquidation date is set for Sept. 23. EFUT held $21.24 million in total net assets and main...
Ethereum Price Crash Likely After $45M ETH Selloff, Weak US Jobs Report
Ethereum price today trades at $2,368. Ether bulls are attempting a recovery rally as the US Nonfarm Payrolls (NFP) came in below expectations. The recent Bitcoin crash has pushed the smart contract t...
WazirX Hacker Launders Additional 400 ETH via TornadoCash
WazirX hacker launder 400 ETH TornadoCash has been reported by PeckShieldAlert via X. The hacker, who is allegedly responsible for the WazirX breach, used TornadoCash to launder an additional 400 ETH,...
VanEck to close Ethereum futures ETF by late September
VanEck announced today its decision to close and liquidate its Ethereum Strategy ETF, which is listed on the CBOE. The Ethereum (ETH) ETF fund (ticker symbol ‘EFUT’) will cease trading after the mark...
Ripple and Ethereum Holders Are Flocking to a New Presale, Which Reached Stage 3 in Just a Few Short Months
With the increase in activity in the crypto market, a new gem is picking up steam. This gem is DTX Exchange (DTX) – one of the year’s hottest presales. It has reached Stage 3 in just a few months, giv...
VanEck to close ether futures ETF after July spot ETH fund launch
Investment firm VanEck intends to close its ether futures ETF nearly a year after launching it, the company said Friday. The VanEck Ethereum Strategy ETF (EFUT) hit the market in October 2023. The fun...
Neiro on ETH price doubles as crypto dump unfolds
It was a sea of red in the crypto and stock markets on Friday, Sep. 6, as the market reacted to the mixed U.S. nonfarm payrolls report. Bitcoin (BTC) crashed to $53,000, its lowest point since Aug. 7 ...
VanEck to Liquidate Ethereum Futures ETF by September 16
VanEck liquidate Ethereum Futures ETF by September 16, following the global asset management firm’s decision to close the fund due to factors such as performance, liquidity, and investor interest. Acc...
Ethereum ($ETH), Binance Coin ($BNB), and Solana ($SOL) ready to bounce strongly
With the whole crypto market on tenterhooks, and the U.S. non-farm payroll data expected later on Friday, sentiment is still decidedly bearish. That said, isn’t it at times like these that bottoms occ...
$1 Billion Bitcoin, Ethereum Options Expiry: Market Impact Analyzed
Bitcoin options worth $760M and $290M of Ethereum options will expire on Sept. 6. Put Call Ratios suggest bearish sentiment with Maxpain points at $59,000 for BTC and $2,500 for ETH. Rising volatility...
Ethereum Price Analysis: Why is ETH Under-Performing This Year?
TLDR: Ethereum (ETH) price is underperforming compared to the broader crypto market ETH price dropped 5.2% between Sept. 3-4, facing resistance at $2,550 Factors include declining network fees, weak s...
Ethereum Pectra Devnet 2 Bug Fixes Are Nearing Completion
Key Points: Developers discussed improvements to Ethereum’s consensus layer and node operator support. Pectra Devnet 2 debugging is nearly done, with Devnet 3 preparations ongoing. Pectra will improve...
Ripple Announces Plans For Ethereum-compatible Smart Contracts While Rollblock Becomes Fastest Growing Crypto Presale
This year has been an absolute grace to grace for XRP. The network’s home run against the SEC has stroked the flame for a bullish XRP. And now, XRP has made a quantum leap after announcing plans to in...
VanEck to liquidate Ethereum futures ETF as its crypto strategy shifts
Key Takeaways VanEck’s EFUT ETF will stop trading on September 16, 2024, and liquidate by September 23. Shareholders to receive cash equivalent to the net asset value of their EFUT shares. VanEc...
Ethereum Faces Increased Selling Pressure Amid Market Uncertainty
Ethereum holders have moved 312,183 ETH (worth $751M) to exchanges recently. Increased exchange deposits reflect growing investor uncertainty. In the past week, Ethereum holders have experienced signi...
The forecasts of Ethereum and Bitcoin in the short and long term
The forecasts for Bitcoin and Ethereum in the coming years show a growing optimism from industry experts. Optimism in the forecasts of the two most important cryptos in the sector: Bitcoin and Ethereu...
Ethereum (ETH) ETF Struggles: Liquidity Crisis Follows Significant Outflows
Recently, the performance of Ethereum (ETH) ETFs has raised concerns among investors, contrasting with Bitcoin (BTC) ETFs. While Bitcoin ETFs have successfully enhanced liquidity in the market followi...
Ethereum Foundation Dumps $2.38M in ETH Again as Price Declines Persist
Ethereum has experienced a steady price drop, and recent notable transfers by the Ethereum Foundation have drawn attention. On-chain data reveals that one of the foundation’s wallets transferred 1,00...
Crypto Price Analysis 9-6 BTC, ETH, SOL, TON, TRX, SHIB, DOT
The cryptocurrency market mirrored the stock market’s downturn on Thursday as traders braced for Friday’s highly anticipated jobs report. As a result, almost all major US stock indices slipped into th...
WazirX Hacker dump $42.7M of stolen Ethereum into TornadoCash
On 2 September, WazirX held a digital townhall meeting to discuss their plan to recover stolen funds ETH could fall to $2,200 or even lower as it breaks out of the week-long consolidation zone The rec...
Bitcoin ETFs Lose $211 Million as Ethereum Funds See Modest Outflows
Thursday’s trading session saw spot bitcoin exchange-traded funds (ETFs) experienced outflows totaling $211.15 million, while ethereum ETFs faced a much smaller decline of $152,720. $211 Million Exits...