DBS Bank, Singapore’s largest financial institution, has been identified as a major player in the cryptocurrency market, holding nearly $650 million in Ethereum (ETH), according to blockchain analytics firm Nansen. The bank’s ETH holdings amount to 173,700 ETH, highlighting its major involvement in the crypto space. DBS Bank, with assets
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
Ethereum (ETH) is currently experiencing upward momentum, trading at $3,912 with a notable 4.50% surge and a substantial 78% increase in trading volume. This recent bullish activity follows ETH’s achievement of a ten-week high at $3,949 three days ago. ETH is now consolidating near $3,850 and is poised for an
With volatility creating uncertainties about the price trajectory of cryptocurrencies, the insights of seasoned traders who have studied the market hold significant weight. One such expert, who accurately predicted Ethereum’s all-time high (ATH), has now set his sights on a new DeFi crypto, forecasting a staggering 100x surge. Retik Finance
Ethereum co-founder Vitalik Buterin proposed the first block of the L2 rollup project Taiko, boosting its preparation for the mainnet launch. Buterin highlighted Taiko’s based-rollup approach as a diverse approach. In the block, he left a message: “I’m excited to see that Taiko is launching as a based rollup. Ethereum benefits
Ethereum (ETH) price witnessed an impressive upsurge in the past seven days, instigated by the SEC’s spot ETH ETF approval. As the week draws to a close, with the ETH approval not priced in yet, ETH struggles to surpass the $3,700 mark. Prices hit a monthly high of $3.9K on
The crypto market has experienced some development over the past week, as BTC and ETH prices have surged. After months of anticipation and countless delays, Ethereum ETFs have finally been approved by the U.S. Securities and Exchange Commission (SEC). This regulatory decision adds fuel to the market, a sense of
Jeffery Wilcke, co-founder of Ethereum, deposited 10K Ether (ETH) into the Kraken Exchange during the Asian morning hours on Thursday. Wilcke has made multiple deposits of ETH since the beginning of 2024, drawing significant attention from the crypto community. The SEC deadline for the decisive update on spot Ethereum ETF
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
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
