Ethereum (ETH) is currently experiencing upward momentum, trading at $3,912 with a notable 4.50% surge and a substantial 78% increase in trading volume. This recent bullish activity follows ETH’s achievement of a ten-week high at $3,949 three days ago. ETH is now consolidating near $3,850 and is poised for an
Ethereum co-founder Vitalik Buterin proposed the first block of the L2 rollup project Taiko, boosting its preparation for the mainnet launch. Buterin highlighted Taiko’s based-rollup approach as a diverse approach. In the block, he left a message: “I’m excited to see that Taiko is launching as a based rollup. Ethereum benefits
Ethereum (ETH) price witnessed an impressive upsurge in the past seven days, instigated by the SEC’s spot ETH ETF approval. As the week draws to a close, with the ETH approval not priced in yet, ETH struggles to surpass the $3,700 mark. Prices hit a monthly high of $3.9K on
VanEck quickly released a 37-second commercial asking viewers to “Enter the ether” in celebration of the approval of its spot Ether exchange-traded fund (ETF). The ad went up on May 23, just after the company’s 19b-4 application for a spot Ether ETF was greenlit by the SEC. Along with other
The crypto market has experienced some development over the past week, as BTC and ETH prices have surged. After months of anticipation and countless delays, Ethereum ETFs have finally been approved by the U.S. Securities and Exchange Commission (SEC). This regulatory decision adds fuel to the market, a sense of
Eight Spot Ethereum ETFs were authorized by the U.S. Securities and Exchange Commission (SEC) on Thursday, May 23, 2024, marking a significant milestone for the cryptocurrency sector. Lead developer Shytoshi Kusama of Shiba Inu was one among many who reacted to this news. Additionally, the developer suggested big ecosystem enhancements
The Securities and Exchange Commission (SEC) released an official statement approving the spot Ethereum Exchange-Traded Funds (ETFs) on May 23. The SEC’s statement was widely anticipated by the crypto community since the approval of spot Bitcoin ETFs. Exchanges that had applied for issuance rights were approved in the published report,
Jeffery Wilcke, co-founder of Ethereum, deposited 10K Ether (ETH) into the Kraken Exchange during the Asian morning hours on Thursday. Wilcke has made multiple deposits of ETH since the beginning of 2024, drawing significant attention from the crypto community. The SEC deadline for the decisive update on spot Ethereum ETF
Ethereum co-founder Vitalik Buterin has recently made a significant transfer of 80 ETH, approximately valued at $300K, to the privacy protocol Railgun. This transfer is part of his routine; he transferred small amounts of ETH to Railgun monthly over the past six months, and this reflects his commitment to transaction
To address the issue of maximal extracted value (MEV), Ethereum co-founder Vitalik Buterin put out a novel method on May 17. Producers of blocks engage in miner extracted value when they attempt to maximize earnings via the use of complex market methods to organize transactions inside the block. Whoever uploads
