Wed, November 20

SEC Chair Gensler Anticipates Ethereum Spot ETF Approval This Summer

During the summer, SEC Chair Gary Gensler anticipates the approval of Ethereum spot ETF S-1s. This follows prior conjecture on the S-1 launch window. In addition to the highly anticipated Ethereum ETFs, Gensler also addressed the difficulties that decentralized finance (DeFi) presents to anti-money laundering (AML) regulations. The announcement by

June 14, 2024 2 mins read

Vitalik Buterin Hails Ethereum’s Journey and Optimism’s Milestone

Vitalik Buterin is praising the successes of Ethereum’s Layer 2 protocols in light of the recent Optimism (OP) milestone. As per OP Labs’, Ethereum L2 Optimism has now included fault proofs to its smart contracts. As of right now, Optimism is in what the development team calls “Stage 1” of

June 12, 2024 2 mins read

Should Ethereum Traders Be Prepared for an Imminent Breakout?

Ethereum has been one of the most talked-about cryptocurrencies this year, especially with its roller-coaster performance and the recent ETF approval green light. Starting the year trading at $2,352, Ethereum saw a significant rise to $4,093 in March, a level not reached since 2021. However, by May 1, the price

June 10, 2024 2 mins read

SEC Chair Gensler Ties Ether ETF Approval Timeline to Issuer Response Speed

According to the Chair of the Securities and Exchange Commission (SEC), Gary Gensler, the speed with which issuers reply to SEC comments will determine the approval of spot Ethereum exchange-traded funds (ETFs) in the US. It would seem from Gensler’s remarks that the responsibility for approvals is with the issuers

June 7, 2024 2 mins read

Ethereum Privacy Protocol Nocturne Backed by Vitalik Buterin Shuts Down

Closing down operations has been announced by Nocturne Labs, the Ethereum-native privacy protocol which has backing of notable figures in the cryptocurrency community, including Vitalik Buterin, co-founder of Ethereum. No reason for the shutdown was provided by the firm. Private Ethereum accounts and transactions were the original goals of Nocturne.

June 6, 2024 2 mins read

Will Ethereum Hit New Highs by the End of June?

Ethereum price is struggling to maintain its bullish momentum. The $3K mark showed signs of recovery in early May 17. The leading altcoin’s bulls and bears are exhibiting a feud. During the time of writing, the token traded at $3,832.02, an increase of 0.56% in the past 24 hours. The

June 6, 2024 2 mins read

SEC Chair Gensler Suggests Potential Delays for Spot Ether ETFs

Final approvals for asset managers providing spot Ethereum (ETH) exchange-traded funds (ETFs) on exchanges may be delayed, according to U.S SEC Chair Gary Gensler. While appearing on CNBC on June 5, Gensler hinted that the SEC may be dragging its feet in approving spot Ether ETFs, saying that the following

June 5, 2024 1 min read

Ethereum (ETH) Price Struggles to Break $3.7K Resistance

The overall crypto sector has initiated the month with struggles to break resistance beyond last month’s bullish momentum. Leading cryptocurrency Bitcoin is struggling to break resistance at $69K. Parallely, with increased volatility, Ethereum price   also struggles to surpass  key resistance levels, $3700 and $3800.  Notably, the SEC’s approval of

June 4, 2024 2 mins read

Ethereum Supply on Exchanges Plummets Post-SEC Approval of Spot Ether ETF

Since the spot Ether ETF products were approved by the US SEC, the balance of Ethereum (ETH) on centralized exchanges has been rapidly decreasing. Most traders get their hands on Ethereum and other cryptocurrencies through centralized trading platforms. Ethereum’s availability is already under jeopardy, as top market expert Ali Martinez

June 3, 2024 1 min read