Veteran trader Peter Brandt believes that risk assets such as the S&P 500, Bitcoin (BTC) and Ethereum (ETH) will see much lower levels by the end of the year.
There has been a lot of discussion about Ethereum in the crypto community recently, but prices remain at bear market lows.
Charles Schwab's new CEO, Rick Wurster, announced that the company is gaining significant momentum in the crypto space and has plans to expand its offerings.
As Solana continues its ascent, experts are not writing off Ethereum's chances to compete favorably in decentralized finance (DeFi). Uniswap founder Hayden Adams wants Ethereum to hone in on Layer 2 scaling to even the odds with Solana.
Ethereum price has held steady in the past few weeks. ETH was trading at $1,615 on Sunday, a point it has remained for about two weeks. Its performance has been worse against other cryptocurrencies like Bitcoin and Solana. The ETH/BTC pair moved to 0.
Crypto Market Highlights: Another week has ended within the unpredictable world of cryptocurrencies, and investors are left cautious due to turbulent price actions. Bitcoin (BTC) price has traded around the same level in the past 7 days, whereas Ethereum (ETH) managed to lose nearly 1% within the exact duration.
Justin Sun, the founder of Tron (TRX), has confirmed speculation surrounding a potential spot TRX exchange-traded fund (ETF). In a post to his 3.8 million followers on X, Sun shared a link to a Form S-1 filed by Canary Capital, marking the first official bid for a staked TRX ETF in the U.S. The proposed ETF aims to track the spot price of TRX while offering investors a 4.5% annual yield through staking rewards.
Canary Capital Group LLC filed a Form S-1 registration statement with the Securities and Exchange Commission (SEC) on Friday for its Canary Staked TRX ETF.
Ethereum price is showing early signs of a breakout after Arizona's SB 1373 bill catalyzed $91 million in institutional ETH withdrawals. Ethereum Consolidates at $1,600, but On-Chain Metrics Signal a Major Breakout Ethereum (ETH) is consolidating near $1,600, setting the stage for a potential 80% rally as Arizona advances toward launching a state-backed digital asset
Operational expenses for executing transactions on the two leading layer one (L1) blockchain protocols have diminished notably relative to the same period in 2024, reflecting a striking recalibration. Cheaper Than Ever: Blockchain Users Reap Benefits of Fee Freefall Reflecting on last April, the average fee to transact on the Bitcoin blockchain hovered at $16.
Binance warns Solana and BSC are gaining ground as Ethereum continues to struggle with high fees and slow speeds.
EOS is known for being a relatively stable cryptocurrency, with fewer dramatic price swings compared to others. While it's been on a gradual decline overall, its price movement in April has started to draw some attention.
The Bitcoin dominance in the cryptocurrency market is inching dangerously close to a long-term resistance level that has triggered major reversals in the past. This resistance level is highlighted on the weekly BTC.D candlestick timeframe chart.
US spot exchange-traded fund applications continue to pile up. Nashville, Tennessee-based Canary Capital filed to list an ETF on Friday that holds the Tron blockchain network's native token, TRX, which will include staking capabilities.
The Ethereum price continues to disappoint investors who expected that the second-largest cryptocurrency by market cap would have hit new all-time highs alongside Bitcoin crossing $100,000. However, this has not been the case as Ethereum has reversed violently and returned to levels not seen in five years.
While Ethereum has bounced back above the $1,600 level, several altcoins are surging with ALEO and GMT leading the charge. ALEO has risen 26.2% in the last 24 hours, trading at $0.2498 from a low of $0.1949.
The Tron price has stalled between the key support and resistance levels at $0.2210 and $0.2595 even as its fees rise. The Tron (TRX) token was trading at $0.
Canary Capital has submitted a fresh application to the SEC for a spot Tron exchange-traded fund (ETF) that would include a staking component. The post Canary Capital Files for Spot Tron ETF with Staking Feature appeared first on Cryptonews.
The Ethereum price has stabilized above the support at $1,400 and below the resistance at $1,700 or the moving average lines.
Ethereum is quietly building momentum around the $1,600 mark after weeks of sideways movement.
Justin Sun, founder of Tron (TRX), has broken the silence on the speculation about an exchange-traded fund (ETF) making the rounds in the crypto space. Sun validated the news by sharing an update with his over 3.8 million followers on X.
Whales are back accumulating ETH.
Ethereum is trading below critical resistance levels after enduring weeks of heavy selling pressure and lackluster performance. Since breaking below the psychological $2,000 mark, the price has dropped more than 21%, signaling growing uncertainty among short-term investors.
Veteran trader Peter Brandt has surprised the community with his bold prediction for Ethereum. He predicts that Ethereum could fall back to $800 and shared a chart showing a descending triangle pattern, which is a bearish pattern that often signals about a bigger price drop ahead. Currently, the key support level is around $1,500.
Ethereum price is up 0.50% today following in Bitcoin's (BTC) footsteps. But, data from CoinGlass shows that $6 billion will be liquidated if Ethereum (ETH) moves just a $1,000.
Canary Capital has filed a Form S-1 registration with the US Securities and Exchange Commission (SEC) to launch a spot exchange-traded fund (ETF) focused on Tron (TRX).
Canary capital files with SEC for staked Tron ETF amidst rising demand for altcoin ETFs.
TRON whales and retail traders exit the market as price falls, suggesting potential continuation.
Old-school commodity trader Peter L. Brandt, who has been in the business since the mid-1970s, has stirred the crypto community with his recent tweet, where he predicts Ethereum to nosedive to a 2022 low of $800.
Ethereum could soon find itself in a technical deadlock as the growth of layer 2 solutions threatens to saturate its processing capacity, despite planned improvements.
Altcoin has been trading between key zones as leverage rises and whale sentiment remains mixed.
Tron (TRX) has dropped 1.26% in the past 24 hours, now trading at $0.2441. However, a significant development is catching attentionIntoTheBlock data reveals a massive 10.45 billion TRX sell wall, posing a strong resistance to price growth.
Canary Capital has filed with the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking the price of TRONs native token, TRX. Named the Canary Staked TRX ETF, the proposed product would stake portions of its TRX holdings through third-party providers to generate additional yield, with BitGo serving as the custodian.
Ethereum's MVRV signals an undervaluation of the altcoin, but a bullish reversal remains unclear.
Canary Capital has filed for a staked Tron ETF with the SEC, aiming to offer investors exposure to TRX price and staking rewards.
$2.3B in BTC and ETH options expire today—smart money leans bullish on BTC, while ETH faces looming sell pressure.
The staking feature for crypto ETFs will likely be approved by the Donald Trump administration. TRX, against the U.S. dollar, has been preparing to enter its macro price discovery. Canary Capital Group filed with the United States Securities and Exchange Commission (SEC) on April 18 to offer Canary Staked TRX ETF.
As filings pile up for proposed U.S. ETFs based on XRP, Solana, Dogecoin, and other assets, Canary aims to launch the first Tron fund.
United States asset manager Canary Capital has filed to list an exchange-traded fund (ETF) holding the Tron blockchain network's native token, TRX (TRX), regulatory filings show. The fund intends to hold spot TRX and stake a portion of the tokens for added yield, the filing said.
Canary Capital has filed for a new exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC), proposing the Canary Staked TRX ETF launch. According to the S-1 registration statement submitted on April 18, the fund would offer investors exposure to the price movements of TRX while incorporating staking features.
Canary Capital is looking to launch an exchange-traded fund (ETF) tracking the price of Tron's native token, TRX, according to a filing.
Without sufficient absorption, the risk of continued structural compression remains elevated.
Canary Capital is looking to get the SEC's sign-off for an ETF that would track the Tron token TRX and has a staking component.
Having traversed murky waters, all hope is not lost for Ethereum (ETH) after recently reclaiming the psychological threshold of $1,600.
Canary's ETF filing could accelerate mainstream crypto adoption by simplifying access to TRX investments and staking rewards. The post Canary files for TRON spot ETF with staking feature appeared first on Crypto Briefing.
American asset management company Canary Capital has taken a new leap with a new filing for a staked Tron ETF product. Known as the pioneer of some of the most renowned altcoin ETF products, this new Tron ETF has further placed the firm at the forefront of the exchange-traded fund drive.
Ethereum price continues to struggle just below the $1,590 mark on Friday, having failed to establish steady support above $1,600 this week. Can bullish-leaning derivatives trading signal fuel an ETH price breakout in the days ahead?
Ethereum (ETH) must address its scalability constraints to sustain the growth of layer-2 (L2) networks and avoid future transaction bottlenecks, according to The DeFi Report.