Fri, September 18

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

ARK Invest Steps Out of 21Shares Spot Ethereum ETF Partnership

Ark Invest, the prominent global asset manager, announced on June 1, that it is no longer a partner in the ARK 21Shares spot Ethereum ETFs. The platform stated that 21Shares will be going solo on the Ethereum ETFs.  Following this, the SEC released the amended S-1 filings where the ETF

June 1, 2024 2 mins read

Ethereum (ETH) Price Struggles to Maintain Bullish Momentum, Will It Reach $4,500?

In the aftermath of the spot Ethereum ETF approval, the cryptocurrency market witnessed a resurgence of bullish sentiment, seemingly vanquishing the bears. However, the upward momentum failed to propel the Ethereum (ETH) price beyond the critical $4,000 threshold, as the resistance level remained firmly in place. Consequently, the price suffered

May 31, 2024 2 mins read

Vanguard Faces Criticism for Rejecting Spot Ethereum ETFs

One of the most prominent American financial advisory firms, Vanguard Group, is under a lot of heat for not supporting Spot Ethereum ETFs. This decision is made in light of the current regulatory changes and the increasing interest in digital assets. Spot Bitcoin ETFs were previously the subject of a

May 30, 2024 2 mins read

BlackRock Pushes Forward with Ethereum ETF Amid SEC Approvals

BlackRock, the world’s largest asset manager, is getting closer to launching its Ethereum ETF, the iShares Ethereum Trust (ETHA). The company recently submitted an amended S-1 registration form to the U.S. Securities and Exchange Commission (SEC), following the regulator’s approval of Form 19b-4 for eight Ethereum ETFs.  The updated S-1

May 30, 2024 2 mins read

Vitalik Buterin Highlights Significance of Layer-2 Protocols in Ethereum Ecosystem

Layer-2 protocols are similar to “cultural extensions of the Ethereum” network, as Ethereum co-founder Vitalik Buterin emphasized in a recent blog post. The co-founder of Ethereum began the blog post by explaining the basics of Layer-2 protocols and how they vary from Layer-1 protocols. Buterin thinks that, rather than technological

May 30, 2024 2 mins read

Hashdex Withdraws Ethereum ETF Bid After SEC Approves Rivals’ Proposals

Officially, Hashdex is pulling the plug on their planned spot Ethereum ETF. This withdrawal came only one week after eight other issuers’ comparable bids were approved by the U.S SEC. On Tuesday, Nasdaq announced a change in strategy by withdrawing the Hashdex Nasdaq Ethereum ETF. Following the SEC’s approval of

May 30, 2024 2 mins read

Ethereum Whale Movements Surge, Approaching ETH Bull Run?

Ethereum whales have drawn market attention with increasing transactions since last week. As the ETH market price has shown significant growth over the last 14 days, the whale movements have instigated an additional optimistic outlook amidst investors. In the Asian morning hours of Wednesday, a particular whale identified with wallet

May 29, 2024 2 mins read