At least three Hong Kong-based issuers have received green lights from the region’s authorities to launch spot exchange-traded funds (ETFs) trading Bitcoin (BTC) and Ethereum (ETH). Reuters said that on April 15, the first spot Bitcoin and Ethereum ETFs were provisionally authorized by the Hong Kong Securities and Futures Commission
Ethereum (ETH) experienced a temporary dip below the $3,000 mark in escalating tensions in the Israel-Iran conflict. However, demonstrating remarkable resilience, the price of ETH has surged back, surpassing the $3,150 level at the time of reporting. This resurgence has been fueled by strategic moves from whales, who have been
It seems that Vitalik Buterin, co-founder of Ethereum (ETH), and Mihailo Bjelic, co-founder of Polygon (MATIC), are arguing over whether or not Verkle Trees should be available on Ethereum. Bjelic appears to be opposed to the notion. Their argument on X platform raises questions about Ethereum and its data storage
Hong Kong could approve Bitcoin and Ethereum ETFs as soon as next Monday, which would be a huge deal for the crypto community. Bloomberg broke the news, and the crypto world is ecstatic, particularly in light of the phenomenal performance of Spot Bitcoin ETFs in the US. Furthermore, the report
Merlin Chain has swiftly risen to prominence, challenging conventional narratives and establishing itself as a beacon of innovation within the Bitcoin ecosystem. This transformative journey began with a clarifying tweet from founder Jeff on March 10th, emphasizing the platform’s balanced focus on cutting-edge technology and community-driven growth rather than solely
Retail investors are not yet “believing the hype,” according to Joe Vezzani, CEO of LunarCrush, a social media analytic platform, even if the values of Bitcoin and other digital assets are soaring. According to Vezzani, there has been a marked decline in social interactions and general retail interest, as compared
DeFi protocol Ethena Labs, the creator of yield-earning stablecoin USDe, has displayed commendable surges on the charts ever since the ENA token launch. The protocol’s token jumped 103% and the overall TVL rose 45%. In the last 24 hours, following the Ethena Labs’ announcement of a 50% reward increase for
The sentiment surrounding Ethereum and Ether (ETH) is now a mix of optimism and criticism. Metrics displayed by the largest smart contract-led ecosystem’s layer-2s (L2s) reflect a bullish outlook, while certain circumstances provoke fear, uncertainty, and doubt (FUD). Especially the question: Will ETH lose its value accrual amid the L2
There are a number of potential spot Ethereum ETF applications that the U.S Securities and Exchange Commission (SEC) has opened for public comment. Its primary emphasis is on exchange-traded funds (ETFs), particularly the Grayscale Ethereum Trust, Bitwise Ethereum Fund, and Fidelity Ethereum Fund. Additionally, the SEC has made note of
Ethereum (ETH), the world’s second dominantly valued cryptocurrency, fumbles down to its lowest point of $3,202 in a fortnight. At the moment, the question, “Will ETH slide further to $3K?” still hangs in the air. As per the price chart, ETH/USDT is trapped in a downtrend with a bearish MA
