Tue, November 5

Can Ethereum Maintain Its Gains Despite Record ETF Outflows?

Ethereum (ETH), the second-largest altcoin, has garnered attention with its volatile performance. After hitting a 27-day high earlier this week, ETH has seen a modest decline of 0.97% in the past 24 hours. Despite this, it remains up 14% over the past seven days. However, community sentiment remains 74% bearish,

September 25, 2024 2 mins read

Ethereum ETF Decision Postponed as SEC Extends Deadline

The U.S. Securities and Exchange Commission (SEC) has once again postponed its decision on options trading for Ethereum ETFs, extending the deadline until mid-November. This decision impacts both Nasdaq ISE’s proposal for BlackRock’s iShares Ethereum Trust and NYSE American LLC’s proposal for options trading on Grayscale’s Ethereum ETF, alongside other

September 25, 2024 2 mins read

ETHSofia Boasts Global Industry Leaders Joining Partner and Speaker Roster

ETHSofia Conference and Hackathon, the first-ever Ethereum and altcoins technology event in Bulgaria, fulfills the ambition of enlisting world-class speakers and partners.  The three-day hackathon and two-day conference kicking off on October 17th puts Bulgaria on the blockchain innovation map. Exactly one month before Sofia Tech Park welcomes crypto enthusiasts

September 25, 2024 3 mins read

Ethereum Foundation’s Ongoing ETH Selling Spurs Investor Concerns

The sale of 200 ETH by the Ethereum Foundation on Monday has roused investor fears throughout the world. Market observers are scratching their heads since the crypto is riding out negative waves in the industry as a whole. And on-chain data has shown that the selloff occurred via two transactions.

September 23, 2024 2 mins read

Is Ethereum Poised to Break Through the $2.7K Barrier?

At the time of writing, Ethereum (ETH) is trading at $2,676, reflecting a 3.10% increase over the past 24 hours. This surge is accompanied by a robust trading volume of $15 billion, marking a significant 46.85% uptick.  In the institutional space, US spot ETH ETFs recorded a daily net inflow

September 23, 2024 2 mins read

Planetarium Labs Launches Immortal Rising 2 on Immutable with 10k Free Summons for Players

After months of meticulous planning and development, Planetarium Labs, a Web3 gaming company backed by the legendary Animoca Brands, in close partnership with Bad Beans, a well-established South Korean gaming firm, announced the official grand launch of the Immortal Rising 2, an immersive dark-fantasy RPG game that offers players a

September 20, 2024 4 mins read

US Spot Bitcoin ETFs Record $52.83 Million in Net Withdrawals

On Wednesday, spot bitcoin exchange-traded funds in the United States recorded net withdrawals of $52.83 million, capping four days in a row of net inflows totaling more than half a billion dollars. SoSoValue data indicates that Ark Invest and 21Shares’ ARKB suffered the most withdrawals yesterday, at $43.41 million. Bitwise’s

September 19, 2024 1 min read

Commerzbank Rolls Out Bitcoin and Ethereum Trading Services in Germany

Commerzbank, Germany’s second-largest bank by branches, has partnered with Crypto Finance, a subsidiary of Germany’s largest stock exchange operator, to provide crypto trading services for its corporate clients.  According to the announcement, this move will initially focus on Bitcoin (BTC) and Ethereum (ETH), allowing businesses to easily and securely engage

September 19, 2024 1 min read

Vitalik Reveals How Ethereum Achieved ‘Basically Zero’ Transaction Fees

At Token2049 in Singapore, Ethereum co-founder Vitalik Buterin emphasized Ethereum’s progress, notably highlighting reduced transaction fees and enhanced scalability through layer-2 (L2) networks. He celebrated the significant decrease in fees on L2s like Optimism and Arbitrum, which now stand at “basically zero,” a vital development for mainstream adoption. “From being

September 18, 2024 2 mins read