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Ether Faces Growing Investor Unease As ETH Deposits Surge

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Ether holders are feeling increased pressure as recent market activity reveals. In the past week, a significant 312,183 ETH, valued at approximately $751 million, has been moved to exchanges. This move suggests rising uncertainty among investors about the future of Ethereum. Ether holders are facing increased pressure. In the past week alone, 312,183 $ETH (worth … Read more

SEC Warns of Bitcoin and Ether ETF Risks — Labels BTC, ETH Highly Speculative Investments

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The U.S. Securities and Exchange Commission (SEC) has issued a bulletin warning about the risks of bitcoin and ether exchange-traded funds (ETFs), highlighting their speculative nature. The regulator urged investors to consider potential issues like price volatility, fraud, and lack of regulatory oversight. SEC Warns Investors About Risks in Bitcoin and Ether ETPs The U.S. … Read more

Vaneck Reveals Plans to Close Ethereum Futures ETF

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On Sept. 6, Vaneck announced its decision to close and liquidate the Vaneck Ethereum Strategy exchange-traded fund (EFUT). The liquidation comes after evaluating key factors, including performance and investor interest. The firm noted that shareholders will have until September 16, 2024, to sell their shares before delisting. Vaneck to Wind Down Ethereum Futures ETF According … Read more

Ethereum Approaches Key Support As Whale Activity Signals Potential Market Shift

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Ethereum’s price is approaching a long-term support level, with a potential bounce from the $2.2k mark offering a bullish outlook. However, recent whale activity suggests caution may be warranted. Just 30 minutes ago, a whale or institutional address, inactive for the past 15 months, transferred all 10,281 ETH (worth approximately $24.7 million) to Coinbase, possibly … Read more

Swiss Bank ZKB Partners With Crypto Finance to Launch Crypto Asset Brokerage

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Zürcher Kantonalbank (ZKB), Switzerland’s largest cantonal bank, has partnered with Crypto Finance AG to offer crypto asset brokerage services. By partnering with Crypto Finance AG, ZKB gains access to an experienced and regulated partner with deep industry expertise in the crypto space. This partnership marks a significant step towards the broader acceptance of cryptocurrencies in … Read more