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Ethereum ETFs Face Uphill Battle With SEC: Analyst Foresees Possible Delay Until 2025
13.5.2024
A senior Bloomberg ETF analyst predicts that spot ethereum exchange-traded funds (ETFs) in the U.S. are unlikely to emerge this year. Despite the Securities and Exchange Commission (SEC) approving spot bitcoin ETFs, the same is not expected for Ethereum due to different regulatory considerations....
Ethereum Transaction Fees Slide Nearly 94% Over the Past 68 Days
12.5.2024
Similar to Bitcoin’s onchain fees, the cost of transacting on the Ethereum network has recently seen a significant decline. Over the previous 68 days, since March 5, 2024, Ethereum’s network fees have fallen by 93.7%, from $30.33 per transfer to $1.91 per transaction. Declining...
Ark Invest Removes Staking Option From Latest Ethereum ETF Proposal
12.5.2024
Ark Invest and 21shares have revised their proposal for a spot ethereum exchange-traded fund (ETF), removing previously included options for staking. This change marks a significant pivot from their earlier filings, which had contemplated engaging trusted staking providers to manage part of...
EigenLayer Launches EIGEN Token Airdrop, Tokens Remain Non-Transferable
11.5.2024
Ethereum restaking protocol EigenLayer has initiated its token-claim process, commonly referred to as an "airdrop," for Season 1, Phase 1 rewards.
The post EigenLayer Launches EIGEN Token Airdrop, Tokens Remain Non-Transferable appeared first on Cryptonews
ARK and 21Shares drop staking plans from Ethereum ETF proposal
11.5.2024
Bloomberg ETF analyst Erich Balchunas suggests the update may be a response to potential SEC feedback despite no official comments
Crypto Biz: SEC targets Robinhood, Grayscale’s Ethereum ETFs, and more
10.5.2024
This week’s Crypto Biz features Robinhood’s Wells notice, Grayscale’s Ether ETF application, Coincheck’s merger deal and Block’s billionaire debt offering
Solana fees to surpass Ethereum, trader loses over $1M due to hard fork: Finance Redefined
10.5.2024
Is Solana living up to its so-called “Ethereum-killer” status? And one trader was left over $1 million poorer due to a hard fork
Price analysis 5/10: BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA, AVAX, SHIB
10.5.2024
Bitcoin’s failure to rise above the 20-day EMA increases the risk of a downward breakdown for BTC and many altcoins
Franklin Templeton Praises Base Network in SocialFi, Cites Success with Friend.Tech
10.5.2024
Franklin Templeton, has spotlighted Base, an Ethereum layer 2 (L2) network incubated by Coinbase, as a frontrunner in the realm of Social Finance (SocialFi) with its application, Friend.tech.
The post Franklin Templeton Praises Base Network in SocialFi, Cites Success with Friend.Tech appeared first...
Ethereum dips: Analyst eyes $2,500 target as support breaks
10.5.2024
The scenario for ETH is bearish, and it could drag lower in the next couple of days. Ethereum had previously tested its resistance at $3,100. Analysts had predicted that a fall below that mark would trigger an unprecedented downfall for the 2nd-ranked cryptocurrency in terms of market cap. With...
Ethereum 'speculatory divergence' sees ETH price cling to $3K support
10.5.2024
ETH price action currently focuses on a key line in the sand for Ethereum short-term holders
Eclipse Labs CEO Steps Down After Sexual Misconduct Allegations Surface
10.5.2024
Eclipse Labs founder and CEO Neel Somani has decided to reduce his public role within the company temporarily amid allegations of sexual misconduct, asserting his innocence and readiness to defend his reputation on the social media platform X, formerly known as Twitter. Eclipse Labs, aiming...
Eclipse Labs CEO Steps Down Following Sexual Misconduct Allegations
10.5.2024
Eclipse Labs founder and CEO Neel Somani, has announced he is "temporarily reducing" his role as a public face for the firm following serious allegations of sexual misconduct.
The post Eclipse Labs CEO Steps Down Following Sexual Misconduct Allegations appeared first on Cryptonews
Ethereum L2 Eclipse CEO steps back amid sexual misconduct claims
10.5.2024
Eclipse founder and CEO Neel Somani said he would “work to clear my name and defend myself” and will move away from a public-facing role at the firm
Base set for ‘material share’ of SocialFi activity: Franklin Templeton
10.5.2024
Base is already home to 46% of transactions related to SocialFi on-chain, but the asset manager says it has even more room to grow
Gains Network Fork Bug Allowed Traders To Profit 900% On Every Trade: Report
10.5.2024
The Ethereum layer-2-based Gains Network was vulnerable to having all of its funds drained, according to Zellic.
The post Gains Network Fork Bug Allowed Traders To Profit 900% On Every Trade: Report appeared first on Cryptonews
EigenLayer's EIGEN Airdrop Might Signal Demise of Once-Popular 'Points'
10.5.2024
EIGEN's airdrop comes after a wave of criticism of its distribution plan and points program
Ethereum Price Prediction Amidst Heavy Whale Purchases – Will ETH Break Past $3,000 Soon?
10.5.2024
The Ethereum (ETH) price is swinging either side of the $3,000 level as traders monitor a spike in whale purchases and ask whether the cryptocurrency could soon be set for a rebound.
The post Ethereum Price Prediction Amidst Heavy Whale Purchases – Will ETH Break Past $3,000 Soon? appeared first...
Sexual Misconduct Allegations Lead Founder of Ethereum Layer-2 Chain 'Eclipse' to Step Back
10.5.2024
Neel Somani, founder of Eclipse, which builds a layer-2 blockchain for Ethereum, said sexual misconduct allegations circulating against him on X were "false."
Coinbase sees infinite interoperability potential with Ethereum and USDC
9.5.2024
Coinbase head of tokenization Anthony Bassili described plans for its Base network at TokenizeThis 2024 in Miami