Browsing Category
Ethereum
US senators push SEC to reject other crypto ETF proposals, casting doubt on Ethereum ETF approval…
The chances of approval for the pending spot Ethereum exchange-traded fund (ETF) applications this May are strained as two US Senators urged the Securities and Exchange Commission (SEC) to reject other crypto ETF proposals.
In the March…
Read More...
Read More...
Ethereum Supply Reduction: The Impact of Proof-of-Stake
The Ethereum network has seen a reduction of 417,413 ETH in supply since transitioning to a Proof-of-Stake (PoS) consensus mechanism in September 2022, per data from ultrasound.money. In the 540 days since The Merge, 1,509,991 ETH has…
Read More...
Read More...
Ethereum price hits two-year high as network fees soar, SEC stalls on ETF decision
Transaction fees on the Ethereum blockchain experienced a significant surge in the past 24 hours, coinciding with ETH’s price surpassing $3,700, marking a two-year high.This development comes amid the US Securities and Exchange…
Read More...
Read More...
Price speculators sees highest single-day loss of $774 million YTD amid Bitcoin upward trajectory
Speculators on crypto derivatives suffered significant losses in the past day, totaling around $774 million, marking the highest single-day loss of the year due to volatile market swings.Bitcoin, the bellwether digital asset, surged to…
Read More...
Read More...
Vibrant Finance leverages Neon EVM for groundbreaking DeFi exchange innovation
Decentralized exchange (DEX) Vibrant Finance has launched on Neon EVM, a Solana-based platform, marking its foray into the non-Ethereum DeFi landscape, according to a Feb. 23 press release.The DEX utilizes the Discretized-Liquidity…
Read More...
Read More...
ENS considering $300k settlement over eth.link litigation
ENS Labs has shared a $300,000 settlement offer from Manifold Finance to resolve a contentious dispute over the eth.link domain name with the decentralized autonomous organization (DAO) governing the platform.The settlement offer…
Read More...
Read More...
Spot ETH ETFs have 50% chance of May approval: Bitwise, Grayscale, Galaxy execs
Executives at three asset management firms agreed during a Feb. 13 panel discussion that pending spot Ethereum ETFs have a 50% chance of approval this May.Matt Hougan, Global Head of Research for Bitwise Asset Management, said“I think…
Read More...
Read More...
Ethereum restaking protocol Eigenlayer TVL surges amid rising ETH staking
EigenLayer, an Ethereum-based restaking protocol, has surged past Uniswap, the foremost decentralized exchange (DEX) on the Ethereum network, regarding total locked value (TVL).Data from DeFillama shows that EigenLayer has emerged as the…
Read More...
Read More...
Jupiter airdrop propels Solana DEXs to outpace Ethereum in daily trading activity
Solana-based Jupiter airdrop has generated substantial excitement, driving decentralized exchange (DEX) trading activity on the layer1 blockchain network beyond that of Ethereum.Data from DeFillama shows that Solana-based DEXs…
Read More...
Read More...
TD Cowen expects spot Ethereum ETF no earlier than 2025 or 2026
TD Cowen’s Washington Research Group predicted that spot Ethereum ETFs will not gain approval this year, according to Kitco on Jan. 29.The U.S. Securities and Exchange Commission (SEC) must soon decide on proposed rule changes that would…
Read More...
Read More...