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Vitalik Buterin envisions Layer 2s as cultural extension of Ethereum


Vitalik Buterin, co-founder of Ethereum, has shared his vision for Layer 2 solutions, describing them as cultural extensions of the Ethereum ecosystem. This perspective highlights the technical importance of these scaling solutions and how they contribute to the broader Ethereum community...

Ethereum 2.0 precursor: Beacon chain to sunset in June 2024


The closure of Beacon Chain is expected to lead to a boom for Binance Coin, and delegating Binance Coin through a manual migration process is possible even now. Token delegation for Binance Coin will occur after the migration via Binance Smart Chain, the sole network upholding the BEP20 standard....

Vanguard discourages the sale of Spot ETH ETFs on its platform


Vanguard’s apprehensive viewpoint on spot Bitcoin ETFs is exposed to all, with the company refusing to accept even spot ether NTFs on its platform.  The entire picture becomes clearer when the Securities and Exchange Commission grants its consent to the 19b-4 suggestion for exchanges seeking...

DTCC lists spot Ether ETF of Fidelity under ticker FETH


DTCC, an acronym for Depository Trust & Clearing Corporation, was seen listing FETH on the platform. That pertains to the Spot Ether ETF by Fidelity, briefly sparking speculation that the ETF product had finally received all necessary approvals from the US Securities & Exchange Commission...

Bitcoin, Ethereum, and Dogecoin drop as fears of inflation rebound


The US has done a lot to curb inflation. It was around 8% in 2022-2023 and has now been reduced to around 3.3% as of April 30, 2024. The target is rather aggressive, with the Federal Reserve looking to bring it under 2% by the end of 2024. However, the fear of inflation has started …

Hashdex Withdraws Application for Spot Ether ETF, SEC Filings Show


According to documents filed with the U.S. Securities and Exchange Commission (SEC) on May 24, Hashdex has officially withdrawn its application for the Hashdex Nasdaq Ethereum ETF.  The post Hashdex Withdraws Application for Spot Ether ETF, SEC Filings Show appeared first on Cryptonews

Best Crypto to Buy Now May 29 – Shiba Inu, Worldcoin, Chiliz


On a modestly bearish day for most major cryptos that saw Bitcoin (BTC) slide 1.5% to the low $67,000s and Ethereum (ETH) drop 2.5% back to the mid-$3,700s, traders hunting for the best crypto to buy now are scouring the altcoin market for outperformers. The post Best Crypto to Buy Now May 29...

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