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Former Microsoft Engineer Predicts a Gradual Shift in Blockchain Development Focus Toward Vertical Scaling
23.6.2024
While wrapped digital assets have enabled the bridging of assets and expanded their utility, their perceived need for custodianship reintroduces centralization risks and trust dependencies. This contradicts the decentralized ethos of blockchain technology, according to Chris Li, founder and CTO...
EigenLayer enhances EigenDA security to combat sybil attacks
23.6.2024
With the incorporation of this security measure, EigenLayer seeks to protect the service it offers while guaranteeing its availability to all clients
Bloomberg Analyst Doubles Down on July 2 Spot Ether ETF Launch Date Amidst Surge in S-1 Filings
23.6.2024
Bloomberg’s senior ETF analyst has reaffirmed his prediction of a July 2 launch date for U.S. spot ethereum exchange-traded funds (ETFs) after observing a surge in amended S-1 (registration statement) filings on Friday. U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler...
NFT Sales Plunge 21% Amid Broad Crypto Market Decline
22.6.2024
Global non-fungible token (NFT) sales experienced a decline this week, dropping 21% from the previous week. Across 21 unique blockchains, the total sales just surpassed the $100 million mark over the past seven days. Weekly NFT Sales Fall, Cryptopunks and Pudgy Penguins Surge NFT sales have...
Bitwise CIO Makes the Case for Adding Ether to Investment Portfolios
22.6.2024
Matt Hougan, CIO of Bitwise, a crypto-based index fund and ETF provider, has explained why he believes ether might be an interesting asset for an investment portfolio. Hougan states three key reasons for investing in ether: diversification to “own the market,” different use cases than...
Grayscale Highlights Risks of ETH Staking Restrictions in Latest SEC Disclosure
22.6.2024
According to supplemental disclosures in Grayscale’s Ethereum Trust 8-K report, submitted to the U.S. Securities and Exchange Commission (SEC) on June 20, the trust’s inability to utilize its ethereum for staking services places its shares at a “comparative...
Asset managers update proposals for Ether ETFs, eyeing July launch
21.6.2024
Ether ETFs are expected to launch in the first week of July, according to analysts
Fidelity amends Ether ETF Filing, discloses $4.7M in seed capital
21.6.2024
Bloomberg analyst Eric Balchunas anticipates that additional asset managers will update their filings on June 21, with Ether ETFs potentially debuting on July 2
Price analysis 6/21: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, SHIB, AVAX
21.6.2024
Bitcoin has broken below the immediate support of $64,602, increasing the risk of a fall to the crucial $60,000 price level
Standard Chartered Set to Launch Spot Crypto Trading for Bitcoin, Ethereum
21.6.2024
The British multinational banking and financial services firm Standard Chartered is initiating a spot cryptocurrency trading platform for bitcoin and ethereum, Bloomberg sources reveal. Sources Say Standard Chartered Ready to Launch Bitcoin and Ethereum Trading Operations On June...
Bitwise’s Ethereum ad now mintable as NFT
21.6.2024
A new switch that Bitwise has adopted is integrating the old-fashioned way of advertising through print media and technology into the current society. They have come up with the first national Ether television advertisement for a spot Ether exchange-traded fund (ETF) which doubles up as a mintable...
Ether and altcoin price outlook positive after SEC drops investigation
21.6.2024
The SEC has withdrawn the case to prove Ethereum is a security. Now that the waters have been cleared, what is ahead for Ether’s price?
Ethereum long-term holders reach a record high
21.6.2024
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...
Pyth ploys DeFi lending overhaul with Morpho, Gauntlet partnership
21.6.2024
Pyth Network teams up with Morpho and Gauntlet to enhance lending protocols on Ethereum and Base using low-latency price data
Bitwise’s latest Ethereum ad can be minted as an NFT
21.6.2024
Proceeds from the NFT mints are being paid to Protocol Guild, a collective funding mechanism created by Ethereum core contributors and the ad’s two actors
Vitalik Buterin Responds to Criticism on the Institutionalization of the Crypto Space: We’re Still Here
20.6.2024
Vitalik Buterin, one of Ethereum’s co-founders, answered the criticism regarding the new institutional focus of blockchain and cryptocurrency projects. Buterin told Joe Weisenthal, co-host of Bloomberg’s financial podcast Odd Lots, that crypto culture “idealistic...
Ethereum options data highlights bears’ plan to keep ETH price under $3.6K
20.6.2024
$4 billion worth of Ethereum options are set to expire on June 28, with the balance of forces centered around $3,500
Volatile Bitcoin Movement Causes $118M in Crypto Liquidations
20.6.2024
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...
After SEC ends Ethereum 2.0 probe, community sees Solana and Polygon safe
20.6.2024
The US Securities and Exchange Commission recently announced dropping its investigation into Ethereum 2.0. This serves as a notification that it will no longer pursue its legal course to classify Ether as a security. Consensys is committed to seeking more clarifications via a legal course, and...
Consensys plans to continue its legal course against the US SEC
20.6.2024
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...