Thu, November 28

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

Memecoin Mania; PEPE and FLOKI Report Double-Digit Gains

In the latest wave of consolidation within the global crypto market, memecoins are once again driving significant gains. Leading this surge is PEPE, which has achieved a remarkable rise of over 30%, reaching a new all-time high above $0.000014 in the early hours of trading.  As Ethereum (ETH) demonstrates increased

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

Fidelity Revises S-1 Filing for Spot Ethereum ETF, Removes Staking

For its proposed Spot Ethereum ETF, Fidelity has filed a revised S-1 filing with the SEC in the US. This news comes as speculation about these ETFs’ possible clearance on May 23 continues to heat up. Also, it might increase the likelihood that Ether ETFs would be approved. The revised

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

Uniswap Labs Unveils ERC-7683 for Boosting Cross-Chain Interoperability

In a huge step forward, Uniswap Labs—the firm behind the decentralized cryptocurrency exchange Uniswap—has introduced ERC-7683 for cross-chain purposes. A new proposal was brought to light today, in partnership with the Across Protocol, with the purpose of establishing a unified framework for intents-based systems for defining cross-chain actions. By working

May 20, 2024 1 min read