Technical Analysis of Ethereum: ETH Varies Between a Bullish Breakout and a Bearish Trend

Technical Analysis of Ethereum: ETH Varies Between a Bullish Breakout and a Bearish Trend

On April 15, 2024, ethereum trades in a broad range between $2,991 and $3,266. Important technical indicators and chart patterns point to a possible but subtle change in market sentiment. Although there has been a bearish trend for the last week, oscillator and moving average signals suggest that there may be a bullish turnaround coming. … Read more

Vaneck CEO Anticipates May SEC Rejection of Spot Ethereum ETF Applications

Vaneck CEO Anticipates May SEC Rejection of Spot Ethereum ETF Applications

According to the CEO of Vaneck, the applications for spot Ethereum exchange-traded funds (ETFs) may be denied in May when the U.S. Securities and Exchange Commission (SEC) meets its decision-making deadline. His company is one of the ones applying to have a spot ether ETF approved. The CEO emphasized, “As far as Ethereum is concerned, … Read more