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Ethereum long-term holders reach a record high


The Ethereum chart showcases the distribution of Ethereum over different periods and it denotes altering trends in investor behaviour. According to the information available from the chart, a vital amount of Ethereum acquired during the 2021-2022 time period is being held even now. Short-term...

Volatile Bitcoin Movement Causes $118M in Crypto Liquidations


On Thursday, bitcoin (BTC) peaked at $66,455 per coin around 7 a.m. EDT but dropped to approximately $64,516 by noon. The volatile movements resulted in $118.82 million in liquidations across the crypto economy, with long positions accounting for $61 million of that total. Bitcoin’s Rapid...

Consensys plans to continue its legal course against the US SEC


Joseph Lubin, the founder of Consensys, has said that they will continue to pursue a legal course of action against the US Securities & Exchange Commission. This comes a few days after Consensys announced that the Commission has decided to drop its investigation into Ethereum 2.0. In this...

Ethereum to dominate altcoin season fueled by ETFs and MVRV


Altcoin season will commence not based on a date, but based on market sentiments. When it commences, expectations are that digital assets other than Bitcoin ($BTC) will gain not just recognition but also token value. However, the focus could be largely on Ethereum ($ETH), and it may end...

Australian Bank Halts Development of ETH-Based Stablecoin


The National Australia Bank recently abandoned its stablecoin initiative, and the development team behind the project is now involved with the Ubiquity stablecoin. The Australian bank’s decision to shelve the stablecoin project shows that startups are better positioned to innovate or adapt than...

Bitwise Investments Updates Ethereum ETF Filing, Reveals $2.5M Seed Interest


Bitwise Investments, a prominent cryptocurrency asset management firm that offers diverse investment products and services focused on digital assets, has updated its ether-based exchange-traded fund (ETF) S-1 filing with the U.S. Securities and Exchange Commission (SEC), revealing $2.5 million...

Bitwise modifies S-1 form to secure SEC approval for ETH ETF


Bitwise, a leader in the field of crypto fund controlling, has made certain changes to its S-1 form for Ethereum ETF by adding relevant information, enabling it to receive the SEC’s consent.  This is as per the US Securities and Exchange Commission’s instructions and includes information related...

SEC ends investigation into Ethereum 2.0, boosting hopes for Ether’s future


The US SEC has confirmed that it is dropping its investigation into Ethereum 2.0. This comes after Consensys sought confirmation from the agency via a letter sent earlier this month. The Commission notifying its actions marks a pivotal moment for Ether including developers, industry participants...

SEC Closes Ethereum 2.0 Investigation


Consensys has announced that the U.S. Securities and Exchange Commission (SEC) has decided to close its investigation into Ethereum 2.0. This decision implies that the SEC will not allege that sales of ETH are securities transactions. The announcement follows a request from Consensys to the SEC...

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