Fri, April 4

Vitalik Buterin Address Crucial MEV Issue on Ethereum Network

To address the issue of maximal extracted value (MEV), Ethereum co-founder Vitalik Buterin put out a novel method on May 17. Producers of blocks engage in miner extracted value when they attempt to maximize earnings via the use of complex market methods to organize transactions inside the block. Whoever uploads

May 22, 2024 2 mins read

Hong Kong Ether ETFs See Surge in Inflows Amid Anticipation of US Approval

Midway through Wednesday, the spot ether exchange-traded funds (ETFs) established by ChinaAMC, a Chinese fund manager, had a daily influx of almost HK$5 million (US$640,780), a substantial increase. This comes after Tuesday’s record-breaking inflow of HK$3.77 million, the most since the ETF’s launch. Investors are speculating that comparable products might

May 22, 2024 1 min read

Spot Ethereum ETFs Listed on DTCC, Progress Towards Approval?

Optimistic signs have appeared for spot Ethereum exchange-traded fund (ETF) approval ahead of the SEC’s approaching deadline on Thursday. Depository Trust and Clearing Corporation (DTCC), has listed VanEck’s spot ETH ETF (“ETHV”) on Tuesday.  Notably, Franklin Templton’s EZET made its entry into the same listing last month. Currently, the count

May 22, 2024 2 mins read

Can Ethereum Surge Beyond $4K Amid the Ongoing Rally?

Ethereum, the second-largest cryptocurrency by market capitalization, experienced a significant surge of nearly 30% yesterday, surprising investors. This comes as Ethereum’s price movement has been relatively stagnant since the start of 2024, even as Bitcoin surged past $73,750.07. Yesterday, Ethereum hit a two-month high of $3,841. Currently, ETH is trading

May 22, 2024 2 mins read

Ethereum Co-founder Vitalik Buterin Advocates for Open-Source AI

Vitalik Buterin, co-founder of Ethereum, recently spoke out in favor of open-source AI models in a debate on AI’s future. At the same time, this change is a reaction to rising worries about the AI industry’s concentration of power. Furthermore, the co-founder has highlighted the dangers of highly intelligent AI

May 21, 2024 2 mins read

Ethereum Contracts Reach Record High, Surpassing $14 Billion

The crypto market continues its potent shifts as Ethereum (ETH) contract holdings surpass a notable landmark. According to recent data from Coinglass, the total value of ETH held in contracts has exceeded $14 billion, reaching a new record high since November 2022.  This marks a significant moment for the Ethereum

May 21, 2024 2 mins read

Ethereum Price Soars 17%, Should Investors Bet For the $4K Bullish Rally?

The entire crypto market has leaned toward an upsurge, rising its valuation to $2.6 trillion. Bitcoin and the family of altcoins have experienced price hikes. Over the past 24 hours, Ethereum (ETH), is spearheading the bullish rally with a 17% surge in price and by breaking recent resistance levels. The

May 21, 2024 2 mins read

Prometheum Launches Ethereum Custody Service, Classifies ETH as Security

An Ethereum custody service has been soft-launched by digital assets platform Prometheum in preparation for a full launch of crypto services later this quarter. As far as the digital currency ecosystem is concerned, this product launch was the first of its type, according to Fortune. Because of its contentious position

May 21, 2024 2 mins read

Spot Ethereum ETF Decision Looms as SEC’s Deadline Draws Near

Since this week is when the decision on the spot Ethereum ETF will be made, let’s take a look at what the week ahead may bring in terms of possible outcomes. Both the 19b-4s (changes to exchange rules) and the S-1s (registration statements) must be approved before spot Ethereum ETFs

May 20, 2024 2 mins read

ETH Price Analysis: Will it Hit $4K By the End of May?

Ethereum is the second largest cryptocurrency, indicating both a bullish and bearish trend. According to crypto analysts, $ETH is nearing a crucial level of $4K. Additionally, Vitalik Buterin presents his strategies for improved consensus and decentralization. At the time of writing, ETH is trading at $3089, reflecting a modest increase

May 20, 2024 2 mins read