ETH/USD is locked in a tight range amid low trading activity. Ethereum’s creator thinks the community put too much emphasis on institutional adoption. ETH/USD is trading at $463 at the time of writing. The second largest coin with a market value registered at $46.7B has an average daily trading volume settled at $1.7B. The price is from this time on Sunday as the whole cryptocurrency market lacks trading activity Meanwhile, Ethereum’s founder Vitalik Buterin expressed concern that the industry is too fixated on ETFs, while they won’t do much to promote cryptocurrency mass adoption. “I think there’s too much emphasis on BTC/ETH/whatever ETFs, and not enough emphasis on making it easier for people to buy $5 to $100 in cryptocurrency via cards at corner stores. The former is better for pumping price, but the latter is much better for actual adoption,” he tweeted recently. Ethereum’s technical picture Looking technically, ETH/USD is supported by $460 (Fibo retracement level). Once it is broken, the sell-off may be extended towards $440 (Friday’s low ) and $421 (the lowest level of July 12). On the upside, the short-term resistance is created by $470 handle, surrounded by 50 and 100-SMAs. If it is cleared, the upside may be extended towards psychological $500 handle. ETH/USD, 1-hour chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next BoJ to remain in focus – Danske Bank FX Street 5 years ETH/USD is locked in a tight range amid low trading activity. Ethereum's creator thinks the community put too much emphasis on institutional adoption. ETH/USD is trading at $463 at the time of writing. The second largest coin with a market value registered at $46.7B has an average daily trading volume settled at $1.7B. The price is from this time on Sunday as the whole cryptocurrency market lacks trading activity Meanwhile, Ethereum's founder Vitalik Buterin expressed concern that the industry is too fixated on ETFs, while they won't do much to promote cryptocurrency mass adoption. "I think there's too much emphasis… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.