Ethereum, the world’s second-largest cryptocurrency, has been on a rollercoaster ride lately, dipping below the psychologically important $3,000 threshold only to claw its way back, Ethereum’s price action has been a confusing mix of bullish and bearish signals. Bullish Whispers: New Investors And Short-Term Spikes A glimmer of hope emerged for Ethereum bulls with a […]
Hong Kong is on the cusp of approving its first spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) with potential final approvals as early as Monday, according to Bloomberg, citing two people familiar with the matter. This move positions Hong Kong as a pivotal player in the Asian cryptocurrency market and underscores its ambition […]
A recent poll conducted by Christine Kim, a researcher at Galaxy Digital, has revealed significant misconceptions within the Ethereum community regarding the blockchain’s economic security. The poll, which asked the crypto community to assess the security threshold of ETH staked in securing the blockchain, indicated a lack of awareness about the actual risks of an […]
Experts are currently arguing about the likelihood of the US Securities and Exchange Commission (SEC) approving a spot Ethereum ETF. Among others, Samson Mow, known as the “Bitcoin Maximalist” and founder of Jan3, a company focused on accelerating the nation-state adoption of BTC, voiced strong doubts and criticism. Mow’s Critique: Dissecting The Ethereum ETF Dilemma […]
On Monday, March 11, the London Stock Exchange (LSE) announced its readiness to accept applications for the admission of Bitcoin and Ethereum Exchange Traded Notes (ETNs) starting in the second quarter of 2024. This decision follows the UK’s Financial Conduct Authority (FCA) decision to allow crypto asset-backed exchange-traded notes. LSE To Accept Bitcoin And Ethereum […]
Get ready for the stock market to welcome a new player. Reddit, the self-proclaimed “front page of the internet,” has officially filed for an Initial Public Offering (IPO), setting its sights on the New York Stock Exchange with the ticker symbol “RDDT.” This move marks a significant evolution for the platform, known for its diverse […]
The cryptocurrency community is abuzz after a wallet with suspected ties to Tron founder Justin Sun gobbled up a staggering $161 million worth of Ether on February 19th. This whale-sized purchase has sent shockwaves through the market, igniting speculation and potentially signaling a positive outlook for the world’s second-largest cryptocurrency. At the time of writing, […]
Steven Nerayoff, a former advisor to Ethereum, has launched serious allegations against Gary Gensler, the Chair of the US Securities and Exchange Commission (SEC), accusing him of undisclosed involvement with ETH amidst the anticipation of an Ethereum Exchange-Traded Fund (ETF). Via a statement on X, Nerayoff’s remarks have reignited concerns around “ETH Gate,” suggesting Gensler’s […]
In a controversial statement, Samson Mow, CEO of JAN3, known for pioneering nation-state Bitcoin adoption, sparked intense debate in the cryptocurrency community with his assertion on X (formerly Twitter): “Ethereum is the next FTX.” This comparison to the infamous crypto exchange which collapsed in November 2022 has raised eyebrows and concerns, particularly as Mow linked […]
Ethereum co-founder Vitalik Buterin has outlined an ambitious set of proposals for the Ethereum network, focusing on addressing crucial issues such as staking centralization, scalability, and enhancing security. During an interview with the NFT platform Defiant in Turkey, Buterin highlighted the need for an overhaul of Ethereum’s staking mechanism to improve decentralization. “We need to […]
Steven Nerayoff, an attorney and former advisor to Ethereum (ETH), has made a series of alarming allegations against the platform’s founders, Vitalik Buterin and Joseph Lubin. As per a report from Bitcoinist, Nerayoff asserts that the extent of fraud in the Ethereum ecosystem surpasses the scale of the infamous FTX scandal involving Sam Bankman-Fried. Nerayoff, […]
Ethereum sentiment is at extreme lows despite an ongoing recovery in the cryptocurrency market. Controversy continues to keep the top altcoin from joining in the fun. But a rising tide lifts all boats, and Bitcoin’s breakout could have been enough to revive Ether, albeit later than other coins. The recent rise has been enough to […]