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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...
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...
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...
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...
Ethereum (ETH) price fails to rally in the face of good news — Here is why
19.6.2024
Ether’s failure to respond to good news could be rooted in investors’ perception that macroeconomic conditions are worsening
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...
SEC to drop investigation into Ethereum: Consensys
19.6.2024
The SEC’s enforcement division said it’s closing its investigation into Ethereum, though Consensys says the fight isn’t over yet
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...
Permissionless Restaking Protocol Symbiotic Launches Raising $5.8 Million in Seed Round
14.6.2024
Symbiotic, a permissionless restaking protocol, has recently launched, allowing other protocols to provide shared security through asset restaking. At the same time, Symbiotic announced it had raised $5.8 million in its seed funding round led by Paradigm and Cyber.fund, which will be used...
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...
3 metrics suggest that Ethereum (ETH) price downside is not over
11.6.2024
Ethereum price has had a rocky week and data suggests that more downside could be on the way
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...
Ethereum (ETH) vs RCO Finance in a race for DeFi dominance: Which has the better odds?
6.6.2024
The Ethereum (ETH) DeFi sector has changed the finance industry, overhauling traditional systems and providing unparalleled accessibility to digital and physical financial services. In light of this transformation, numerous crypto projects are vying to contribute meaningfully to the DeFi...