Ethereum’s 28% drop: What happens if ETH’s $2,850 support fails?

ETH was trading at a significant support level. Key technical indicators hint at the possibility of a continued decline in ETH’s value. As a researcher with extensive experience in cryptocurrency markets, I’ve closely observed Ethereum [ETH] and its current price trend. ETH is currently trading at a significant support level of around $2,850 within a … Read more

Ethereum ETFs see declining interest: What does it mean for the future?

Declining on-chain volume in ETH indicates waning interest ahead of ETF verdict. A financial institution predicted a delay for Ethereum ETF, but not an outright rejection. As a seasoned crypto investor with a keen interest in Ethereum [ETH], I’ve been closely following the developments surrounding the Ethereum ETF applications and the SEC’s decision. While some … Read more

Crypto investment funds intake $130M, while filings reveal new spot BTC ETF purchasers

As an experienced financial analyst, I find the recent data on cryptocurrency investment products intriguing. The inflows totaling $130 million in the week ending May 6, as reported by CoinShares, signals a reversal of five consecutive weeks of outflows. Institutions have been increasing their exposure to digital assets, with crypto investment products seeing significant inflows. … Read more

SEC tries again for Debt Box suit dismissal with option to refile

As a researcher with experience in securities law and regulatory compliance, I find the ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Digital Licensing, doing business as Debt Box, to be an intriguing case. The latest development, where the SEC filed a reply to its motion for dismissal without prejudice after … Read more

Filing suggests SEC is exploring grounds to deny spot Ether ETFs

As a researcher with a background in finance and securities law, I find the recent developments surrounding the SEC’s potential labeling of Ether (ETH) as a security rather intriguing. The details unearthed from BlackRock’s March filing with the SEC suggest that the regulator may indeed be reconsidering its stance on ETH’s status. Experts have uncovered … Read more