Despite the recent approval of Spot Ethereum ETFs, analysts anticipate the probability of Ethereum making a new all-time high by the end of 2024 is very low. The analysts attribute this prediction to Ethereum’s inability to keep momentum compared to…
Investors are on edge after the broader crypto market suffered with its most severe three-day downturn in almost a year. The digital asset market shed a staggering $510 billion in value since August 2nd, mirroring a broader decline in traditional…
Movement Labs, an Ethereum layer-2 network, has announced a strategic partnership with Polygon Labs to enhance blockchain interoperability and liquidity. The integration with Polygon’s AggLayer will enable unified liquidity across Move Virtual Machine (MoveVM)-based layer-2 chains, AggLayer-connected chains, and the…
The Ethereum Foundation has transferred its entire stake in TAIKO tokens to Bitcoin Suisse, a leading institutional cryptocurrency platform. This significant move follows the successful launch of Taiko, a Layer 2 scaling solution built on Ethereum, on 27 May 2024….
The launch of spot Ethereum ETFs, while long anticipated, encountered a tepid reception from investors, with a net outflow of $341 million in its first week of trading. This contrasts sharply with the success of Bitcoin-backed ETFs, which have seen…
The United States Securities and Exchange Commission (SEC), known for its previous anti-crypto stance, has signaled shift in its anti-crypto approach. In a surprising move, the SEC has ended its investigation on Ethereum and MetaMask developed by Consensys, deliberating on…
Following the approval of 19b-4 forms from various Ethereum Spot ETFs issuers, SEC Chair Gary Gensler hinted these ETFs to be approved over the summer for trading . Once the SEC approves Ethereum Spot ETFs, they will become the second…
In the recent upsurge within the broader cryptocurrency market, Ethereum outpaced Bitcoin in terms of growth rate. Ethereum has experienced a remarkable weekly price surge of 29.25% Vs 12.78% weekly surge of Bitcoin, largely driven by burgeoning optimism surrounding the…
While major cryptocurrencies like Bitcoin and Solana face a turbulent day marked by significant dips, Ethereum finds itself in the eye of the storm. A surge in whale activity has thrust Ethereum into the spotlight, sparking debates about its future…
Hong Kong stands at the precipice of a significant milestone in the cryptocurrency arena, with the potential approval of exchange-traded funds (ETFs) for Bitcoin and Ethereum expected as soon as next week, as reported by Bloomberg. This revelation has sparked…
