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US Lawmaker Slams SEC’s Investigation of Ethereum — Says Chair Gensler Intentionally Misled Congress
1.5.2024
U.S. House Financial Services Committee Chairman Patrick McHenry has slammed both the U.S. Securities and Exchange Commission (SEC) and Chair Gary Gensler regarding the SEC’s investigation into ethereum, suggesting that ether might be classified as a security. Additionally, the lawmaker...
U.S. House Financial Services Committee Chair Patrick McHenry Blasts Gary Gensler, SEC Over ETH Security Stance
1.5.2024
House Financial Service Committee Chair Patrick McHenry has taken to X to claim United States Securities and Exchange Commission (SEC) Chair Gary Gensler “knowingly misled Congress when pressed on the classification” of Ethereum (ETH) in testimony the U.S. regulator gave to the Financial Services...
House's McHenry Accuses SEC Chief Gensler of Misleading Congress on Ethereum
30.4.2024
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has been accused of misleading Congress by Rep. Patrick McHenry, the chairman of the House Financial Services Committee, who said Gensler's agency already knew it considered Ethereum's ether a security before he attended a hearing...
SEC’s Gary Gensler asserts Ethereum’s security status
30.4.2024
According to recent court filings, the chairman of the Securities and Exchange Commission, Gary Gensler, was under the opinion that Ethereum was security. This bit of news came into the limelight following the filing of a complaint by Consensys against the SEC. This was in retaliation to...
Eigenlayer releases EIGEN white paper, bans airdrop for US users
29.4.2024
The EIGEN token will be used to form consensus around data that is off-chain but easily verifiable, such as whether someone won a bet or adequately stored data
Ethereum Technical Analysis: ETH’s Consolidation Phase Highlights Potential Downward Trajectory
29.4.2024
As ethereum continues its price fluctuations, technical indicators on the 1-hour, 4-hour, and daily charts suggest a bearish outlook with mixed trading signals. Despite some bullish undercurrents, the predominant sentiment remains cautious. Ethereum Ethereum’s (ETH) price action has shown...
Liquid Staking Platforms See 60,000 ETH Outflow in 2 Weeks; Lido Dominates Reductions
28.4.2024
In the last two weeks, liquid staking derivative (LSD) protocols have experienced a decline of 60,000 ether valued at over $198 million, with Lido accounting for 40,000 of the ETH withdrawn. LSD Sector Snapshot: $198 Million Ether Withdrawn in 2 Weeks Liquid staking has been witnessing a decrease;...
Ethereum’s $3,200 test: Can it withstand market pressure?
26.4.2024
Ethereum has been in a period of wild fluctuations as its value has been struggling to recover, and it has now fallen below $3,100. A few days ago, ETH dropped to $3,074 and is currently making its last effort to get back on track after bouncing similarly to Bitcoin. The cryptocurrency value...
Consensys, a Target for the SEC’s Assault on ETH, Is Fighting Back
26.4.2024
Consensys files lawsuit against the US ESC over Ethereum
26.4.2024
Consensys has sued the Securities and Exchange Commission in support of the Ethereum framework. The company wants to make sure that Ethereum remains a vital and dynamic blockchain platform. They believe Ethereum is the foundation for advanced Web3 innovations, state-of-the art technologies,...
‘ETH Should Not Be Treated as a Security’ — Consensys Sues SEC Over Ethereum Regulations
25.4.2024
In a significant legal move, Consensys has initiated a lawsuit against the U.S. Securities and Exchange Commission (SEC) to protect the Ethereum blockchain from what it deems overreaching regulations. A report further alleges that the SEC issued a Wells Notice to Consensys, asserting that Metamask...
Ethereum begins to show bearish signs as price faces rejection
25.4.2024
Ethereum has not been bullish since Bitcoin Halving ended. If anything, it could be starting to send fresh bearish signals across the market. This is evident from the fact that it has lost the major resistance mark of ~$3.200. Once closer to $4,000, Ether is now trading lower than the bottom line...
Ethereum – ETH – likely to rally by 5%
24.4.2024
Ethereum is holding the support, with resistance ranging between $3,100 and $3,200. Speculation states that it could soon bag a rally of 5%. It is contingent on the factors that will sustain the next-best resistance for longer. Currently, at $3,262.57, Ether’s next best support is around $3,220....
SEC delays Ethereum ETF decision amid regulatory review
24.4.2024
The United States Securities and Exchange Commission (SEC) has opted to defer its decision on Ethereum exchange-traded fund (ETF) proposals submitted by investment firms Grayscale and Franklin Templeton. The SEC’s decision marks a significant development in the quest to bring...
Bitcoin, Ether Coil as Crypto Traders in Limbo After Halving
24.4.2024
Investors are still gauging macroeconomic factors, one observer said
Ethereum sets the stage for $3,400 with a reversal trend in sight
23.4.2024
Ethereum was previously poised to surpass the milestone of $4,000. However, that was when the market was coming fresh from the Spot Bitcoin ETF announcements. Sentiments have transitioned since then, and the market is volatile. Not that volatility ever left the space, but it did show signs...
Ethereum Purge Strategy for simplified protocols and reduced node loads
23.4.2024
Among the cornerstones of blockchain ecosystems, Ethereum has redefined thoughts about decentralized technologies. As a leading blockchain platform, Ethereum allows for the creation of smart contracts and decentralized applications (DApps) that operate without third-party interference. This...
Crypto Assets Record 7-Day Upticks: NEAR Rises 33%, BONK Up by 32%
22.4.2024
According to the most recent figures, the value of the cryptocurrency market has reached $2.43 trillion after a 2.62% increase in the last 24 hours. Bitcoin and ether have risen by 4% and 3.5%, respectively. NEAR experienced a significant uptick of 33% this past week, while BONK escalated by 32.7%....
Ethereum shows recovery signs
22.4.2024
Bitcoin Halving was done and dusted effective last Friday. The effects could show signs eventually. The first to be affected is Ethereum. Needless to say, this is speculation amid the prevailing volatility in the crypto market. Ether is trading way below $3,200. Some analysts suggest that now could...
Ethereum Technical Analysis: ETH Consolidates After Testing Key Resistance Levels
22.4.2024
As ethereum continues to navigate a period of significant price fluctuations, traders are keenly observing a variety of technical signals from the 1-hour, 4-hour, and daily charts. The combination of oscillators and moving averages provides a nuanced view of potential entry and exit points....