Search
$6.6B Bitcoin & $3.5B Ethereum Options will Expire on Friday
26.6.2024
In this post A total of $6.6 billion in Bitcoin options and $3.5 billion in Ethereum options will expire on Friday, 28th, 2024. Bulls and bears struggle to stabilize the crypto market as the BTC’s Fear and Greed falls to 49. The last few weeks of June have shown immense volatility in the crypto...
VanEck to launch a spot Ethereum ETF for free on July 2
26.6.2024
VanEck files Form-8A related to its spot Ethereum ETF and simultaneously eliminates ETF fees until its assets reach the $1.5 billion target. According to analysts’ calculations, the Ethereum ETFs are anticipated to be introduced by the beginning of July. This decision has enabled...
Ethereum Foundation mailing list leaked due to SendPulse vulnerability
26.6.2024
A mailing list breach has occurred at the Ethereum Foundation due to vulnerabilities in its email automation solution, SendPlus. This feature is essential and implemented by the organization. A hacker exploited this advantage and sent fraudulent emails from updates@ethereum.org, specifically...
Ethereum hits bottom; is it way forward for a rebound?
25.6.2024
Ethereum has hit a low of $3,377.84, with a slight upswing of 1.66% in the last 24 hours. It is right to assume that the second-ranked crypto in terms of market cap only has an uphill journey for it in the times to come. This stems from two justifications: one, approval of Spot Ether ETF …
Ethereum ETF coming in the next 2 weeks; price reversal soon
24.6.2024
Ethereum ($ETH) is under selling pressure, nearly replicating the trend that Bitcoin ($BTC) has been following in the last couple of days. However, early July 2024 could see a reversal of the chart’s flow. Analysts expected the US Securities & Exchange Commission to give the final green...
Ethereum long-term holders reach a record high
21.6.2024
The Ethereum chart showcases the distribution of Ethereum over different periods and it denotes altering trends in investor behaviour. According to the information available from the chart, a vital amount of Ethereum acquired during the 2021-2022 time period is being held even now. Short-term...
Consensys plans to continue its legal course against the US SEC
20.6.2024
Joseph Lubin, the founder of Consensys, has said that they will continue to pursue a legal course of action against the US Securities & Exchange Commission. This comes a few days after Consensys announced that the Commission has decided to drop its investigation into Ethereum 2.0. In this...
Ethereum to dominate altcoin season fueled by ETFs and MVRV
20.6.2024
Altcoin season will commence not based on a date, but based on market sentiments. When it commences, expectations are that digital assets other than Bitcoin ($BTC) will gain not just recognition but also token value. However, the focus could be largely on Ethereum ($ETH), and it may end...
Bitwise modifies S-1 form to secure SEC approval for ETH ETF
19.6.2024
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
19.6.2024
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...
Ethereum price drops after whale moves $20M to Kraken
18.6.2024
Ethereum ($ETH) has breached the support level of $3,500 by trading at $3,438.76 at the press time. Bitcoin ($BTC) is leading the declining trend but ETH, specifically, has its downfall credited to an ICO whale who just moved tokens worth $20 million to Kraken. The whale was seen depositing 5.5k...
Co-Creator of Ethereum thrilled with layer 2 protocol OP mainnet
12.6.2024
The Co-Creator of Ethereum, Vitalik Buterin, is thrilled with layer 2 protocol OP mainnet and considers it a significant landmark. He used the occasion to showcase the many success stories of Ethereum’s upgrading services. OP Labs, the firm responsible for building the Optimism protocol,...
Ethereum Funds reach record inflows, highest since March
12.6.2024
Ethereum investment products have received record inflows, with the latest installment being higher than those recorded since March 2024. According to CoinShares’ latest report, these funds have attracted $69 million in the past week. This increase in investment proves that the market...
Spot Ethereum ETF suppliers await SEC’s version on S-1 filings
11.6.2024
Expectant spot Ethereum ETF suppliers await the SEC’s view-point on their S-1 filings, following them forwarding their initial drafts on the 31st of May, 2024. The suppliers were under the impression that the SEC will offer their view-point about their sent drafts by the 7th of June. However,...
Reasons to back Ethereum in June
10.6.2024
The crypto segment has a collective market cap of $2.53 trillion when writing this article. It is dominated by Bitcoin (BTC), with a share of 54.1%. Ethereum (ETH) follows with a share of 17.45. Should it receive more support, chances are Ethereum would fetch better returns and possibly a larger...
Ethereum ETFs remain behind spot Bitcoin items
7.6.2024
Although the Ethereum ETFs have received consent, they remain behind spot Bitcoin items, awaiting their formal registration. In this matter, the top financial institutions such as BlackRock and Fidelity are waiting to get the consent from the Securities and Exchange Commission (SEC) for registering...
Ethereum ETF approval looms: Gensler’s latest hints spark optimism
7.6.2024
According to recent remarks by SEC Chair Gary Gensler, the long-anticipated launch of an Ethereum ETF may be approaching sooner than expected. Gensler’s insights have sparked renewed speculation and excitement among investors and industry observers as the cryptocurrency market eagerly awaits...
VanEck revises ETH growth projection to $22,000
6.6.2024
VanEck, a fund management firm, has raised its speculation for ETH’s value to $22,000. This is largely correlated to the approval of the Spot Ether ETF. Meaning, Ethereum could see a dip if the US Securities and Exchange Commission decides not to give the final nod of approval to S-1 registration...
Spot Ether ETF could reduce ETH supply by 1.26M in first 5 months
5.6.2024
The US Securities & Exchange Commission has approved 19b-4 forms. It could approve S-1 registration forms any time later. This would pave the way for exchange platforms to enable traders and investors to engage with Spot Ether ETF. It is estimated that the approval of the registration form will...
BlackRock’s BUIDL Fund earns $1.7M monthly dividends on Ethereum
5.6.2024
Investors in BlackRock’s BUIDL Fund are celebrating a significant financial milestone, receiving a combined total of $1.7 million in monthly dividends disbursed via Ethereum. This impressive payout underscores the fund’s success and highlights the growing influence of blockchain technology...