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Search Results for: Ethereum

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

Ethereum Hovers Near $4,000: How High Can ETH Surge In June?

The altcoin leader, Ethereum (ETH), has witnessed a 20% growth in its portfolio this month, signaling a strong bullish reversal in the cryptocurrency market. As speculation about an impending altseason intensifies, the ETH price continues to hold above a crucial support level. Following the approval of the ETH ETF, Ethereum-based

May 28, 2024 2 mins read

Ethereum Price Surges 25% Last Week, Poised to Break $4,000 Threshold

The Ethereum (ETH) price trend is gaining traction, with an impressive 25% surge last week, propelling the cryptocurrency to the $3,900 level. As speculation mounts about the impending altseason, the ETH price is on the cusp of breaking through the crucial $4,000 resistance this week. Ethereum kicked off the week

May 27, 2024 2 mins read

Ethereum L2 TVL Sees Impressive New ATH Amidst Growing Advancements

The Ethereum ecosystem has witnessed multiple advancements exclusively in the last week. The SEC’s approval of the spot ETH ETF received great interest from the crypto sector worldwide. Ethereum also witnessed a bullish rally which was fueled by the anticipation surrounding ETF approval.  Presently, the total value locked on the

May 27, 2024 2 mins read

Is Parallel EVM the Solution for Ethereum Scaling?

Ethereum’s scaling issue is not a new topic of discussion in the crypto realm; this pioneering smart contract blockchain is notorious for high gas fees due to its limited throughput during periods of high activity. One of the main reasons behind the limited scalability is the sequential nature of Ethereum’s

May 27, 2024 5 mins read

Arbitrum Price Surges 30% Post Ethereum ETF Approval

Following the approval of an Ethereum exchange-traded fund (ETF), Arbitrum saw a notable surge of 5% in the last 24 hours, attracting 100,000 new users to the platform. This surge propelled the price of ARB to reclaim the $1.20 mark, climbing over 30% in a weekly time frame from $0.9757

May 27, 2024 2 mins read