To improve transparency regarding Ethereum reserves supporting the 21Shares Core Ethereum ETF (CETH), 21Shares U.S. LLC, an affiliate of 21Shares AG, has integrated Chainlink’s Proof of Reserve on the Ethereum mainnet. This also affirms CETH as a legitimate holder of Ether. 21Shares selected Chainlink as its decentralized computing platform because
The Bitcoin Conference 2024 having drawn to an end in Nashville witnessed the participation of several prominent personalities within the sector and government leaders. Presidential candidate Donald Trump spoke at the conference expressing his persistent support for cryptocurrency. Meanwhile, the sector has witnessed Bitcoin and other altcoins showing considerable upward
Elon Musk has always supported cryptocurrency and is especially connected with Dogecoin (DOGE); however, recently, he informed the public about his takeover of the US economy and subtly implied something negative about it. While his comments often lead to spikes in Dogecoin’s value, this latest forecast has raised questions about
Vitalik Buterin has firmly rejected claims that Ethereum’s research team is embracing centralization, responding to concerns raised by Péter Szilágyi, head of the Ethereum development team. Szilágyi had expressed worries about the direction of Ethereum’s development, particularly regarding the proposed PeerDAS upgrade. At the recent Foundation research workshop, Buterin emphasized
The Grayscale Ethereum Trust ETF (ETHE) has hit a record net outflow of $1.514 billion, which is a startling trend in the crypto market. The entire result is bolstered by a notable net outflow of $356 million on July 26, which highlights this development. Data from SoSoValue shows that Spot
In continuation of their withdrawals from the previous day, the nine U.S spot Ethereum exchange-traded funds saw net outflows of $152.3 million on Thursday, their third day of trading. According to statistics from SosoValue, out of all the funds, only the Grayscale Ethereum Trust (ETHE) saw a net outflow of
The overall crypto market in the last 24 hours showed modest hikes in prices. Leading cryptocurrencies such as Bitcoin and other altcoins showed price increases over the past day. Particularly, the leading altcoin Ethereum factored to a slight increase of 2.49% in its market price. The ETH token has seen
The crypto market was anticipating the spot Ether ETF launch to bring in a bull run for Ethereum; however, the bears took control over the bulls and pushed the price below $3.4K. Whereas, Bitcoin’s price jumped to new highs after three months of its Spot ETF launch. How long will
Japan-based Toyota examines the possibility of integrating Ethereum’s ERC-4337 as part of advancing towards its goal of ‘Mobility 3.0’. The automobile giant aims to introduce the concept of mobility into public spaces by establishing a Mobility-Oriented Account (MOA) on public blockchains. This initiation will help the integration and expansion of
In a major downturn for the cryptocurrency market, the total global market cap decreased by 3.83%, settling at $2.31 trillion, with trading volumes falling by 8%. Major cryptocurrencies, Bitcoin dipped below $64,000, while Ethereum saw a sharp decline of 7.37% in the past 24 hours, and its trading volume dropped
