Global #Ethereum

In a significant turn of events, Ethereum-based Exchange-Traded Funds (ETFs) have registered their first positive results in 14 days, signaling a potential rebound in the cryptocurrency market.

In a striking development that underscores a notable shift in market sentiment, over $26 billion worth of Bitcoin and Ethereum have been withdrawn from centralized exchanges since January 2024.

Ethereum, the second-largest cryptocurrency by market capitalization, has recently experienced a notable pullback in its price, prompting questions about its future performance and attractiveness as an investment.

The cryptocurrency market has witnessed a substantial surge in value over the past 24 hours, adding over $100 million to its total capitalization.

The cryptocurrency market is poised for a major event on August 23, 2024, as Bitcoin and Ethereum face a combined options expiry worth $1.5 billion.

In a significant development, Japanese conglomerate Sony is set to make its mark in the blockchain space with the launch of its new layer-2 network on Ethereum, named “Soneium.”