Monochrome Asset Management is poised to make history with the launch of the world’s first Ethereum exchange-traded fund (ETF) on Cboe Australia. Furthermore, the company’s Ethereum ETF, known as the Monochrome Ethereum ETF (IETH), is likely to attract significant attention. Investors seeking exposure to Ethereum can benefit from this option,
After momentarily challenging the $555 support level, BNB, the native token of BNB Chain, gained 4.1% from October 10th to October 11th, indicating resilience. Despite a drop in the overall cryptocurrency market since July, the price of BNB has been quite consistent. The success of BNB has propelled it to
According to blockchain statistics, Vitalik Buterin—co-founder of Ethereum—has made 257.1 ETH, or almost $636,000, from the sale of several meme coins. Given the recent gifts of meme coins, which caused alarm among cryptocurrency community members about possible risks to investors, Buterin’s conduct has garnered attention. Buterin allegedly sold many meme
Record highs in stablecoin dynamics have increased market liquidity in the cryptocurrency sector. Bitcoin (BTC) and the whole cryptocurrency sector might take heart from this, since past performance indicates that more liquidity usually leads to higher prices. According to a new analysis by CryptoQuant, the combined value of the market
Charles Hoskinson, founder of Cardano, wasted no time criticizing Craig Wright after his most recent legal move—a massive £911 billion lawsuit against Bitcoin Core and Square. An influential crypto figure, Hoskinson, has voiced his displeasure with Wright’s continuing legal proceedings. He wanted to know why the authorities keep letting these
According to a filing made on October 11th, the US Securities and Exchange Commission (SEC) has once again delayed. Deciding on whether or not an exchange list options linked to spot Ethereum ETFs. According to the filing, the SEC has postponed deciding on a rule change proposal. That would allow
The recent listing of the Ethereum layer-2 project Scroll on the centralized crypto exchange Binance has sparked a discussion over centralization within the crypto community. Although some saw the listing—announced on October 11—as aligning with centralized corporations, others saw it as having the ability to increase growth. There were voices
The Avalanche Foundation has successfully negotiated an agreement to repurchase 1.97 million AVAX tokens from the Luna Foundation Guard (LFG). This repurchase is significant, as it aims to reclaim tokens that were originally sold to LFG in April 2022. However, the deal is currently pending approval from the bankruptcy court
Launching a crypto derivatives exchange to compete with Binance and other competitors is a possible next step for OpenAI-backed crypto company Arkham Intelligence. The new company, along with the firm’s intentions to relocate, are set to start in November. This is according to an unnamed source familiar with the situation.
On Friday, Worldcoin announced a partnership with Dune Analytics to improve data accessibility and transparency on its Layer-2 blockchain, World Chain. Worldcoin said that the agreement will allow developers and consumers to examine important on-chain metric. Including the amount of human interaction with the chain, the efficiency of DeFi protocols
