With only four days remaining in the month of January, the volume of Ethereum (ETH) options trading across leading crypto derivatives exchanges hit a record high of $17.9 billion. On Friday at 3:00 a.m. ET, almost 932,000 ETH options expired across several centralized derivatives exchanges, based on options data from
The U.S. Securities and Exchange Commission has delayed Grayscale Investments’ application to convert its Ethereum trust product (ETHE) into an ETF. Similar action had been taken the day before by the regulatory authority in response to BlackRock’s application for a spot ETH ETF. On January 25, the SEC delayed a
An application by Grayscale Investments to transform its Ethereum trust product (ETHE) into an exchange-traded fund (ETF) was postponed by the U.S. SEC. The regulatory body had done the same thing the day before with BlackRock’s request for a comparable vehicle. A judgment on BlackRock’s spot Ethereum ETF was postponed
Ethereum, the second largest cryptocurrency by market capitalization is now trapped under the bearish pressure. It had a 3% dip in the past 24 hours and 7.28% in the past seven days, currently trading at $2344. Despite this downfall in price, Ethereum’s long-term holders have now surpassed those of Bitcoin,
The cryptocurrency market has been a hotbed of opportunities, where early adopters have reaped substantial rewards by identifying hidden gems before they skyrocket in value. In recent times, the spotlight has turned to a new entrant in the crypto arena, Retik Finance (RETIK). Priced at a mere $0.08, this digital
As 2023 draws to a close, Ethereum’s blockchain ecosystem emerges stronger, marked by growth, innovation, and resilience. The report by Origin Protocol delves into the world of Ethereum staking and highlights the remarkable developments that have shaped its landscape as we look ahead to 2024. In contrast to the turbulence
The renowned cryptocurrency wallet application MetaMask has teamed up with Consensys Staking to operate Ethereum validator nodes for users who are ready to stake a minimum of 32 ETH, which is equivalent to around $80,000. After ‘The Merge,’ which occurred in September 2022 and marked the switch from a proof-of-work
The cryptocurrency market was buzzing with the rapid rise and fall of SatoshiVM (SAVM), an Ethereum-based token, as an anonymous trader turned a $681,000 investment into a significant profit of over $6.77 million within three hours of the token’s launch. Taking advantage of the hype surrounding the new Layer 2
The Ethereum NFT market experienced a remarkable uptick on January 18, with the trading volume reaching an impressive $42.8 million. This marked a significant milestone, surpassing the $40 million threshold for the first time since June of the previous year. Notably, Blur dominated the scene, accounting for a substantial 82%
Ethereum, the second-largest cryptocurrency, is at a crucial crossroads as it grapples with resistance levels and shifting market dynamics. Over the past week, ETH has experienced a 5% decline, currently trading at $2,462, with a 2.38% dip in the last 24 hours. Ethereum’s recent struggles to surpass $2,550 and $2,580
