Tag: ETH

18
Jun
2024
Posted in Ethereum

An Ethereum Synthetic Dollar Backed by Gold, Is Coming via Tether

On the Ethereum Mainnet, the gold-backed Tether synthetic dollar currency was introduced. It meets the needs of consumers who want to transact without having to sell digital assets backed by…

12
Jun
2024
Posted in Ethereum

The largest inflows into Ethereum funds since March

According to CoinShares’ most recent Digital Asset Fund Flows Weekly report, major organizations are starting to show interest in Ethereum once more. With purchases of $69 million, funds holding the…

08
Jun
2024
Posted in Ethereum

Why ARK Invest withdrew from the billion-dollar competition for Ethereum ETFs

There is competition among nearly a dozen companies to introduce spot Ethereum exchange-traded funds. ARK Invest, a major player in cryptocurrency, isn’t one of them. ARK believes in its revolutionary…

06
Jun
2024
Posted in Ethereum

By 2030, VanEck analysts now project an Ethereum price of $22,000

The U.S. financial firm VanEck, which has applied to market a spot ether ETF, has increased its price projection for Ethereum ETH +1.44% to $22,000 in 2030, according to its…

05
Jun
2024
Posted in Ethereum

K33 Research Says That Ether Price Is Set for Supply Shock as ETFs Could Draw $4B in Inflows in Just Five Months

According to a research by crypto analytics firm K33 Research, Ethereum-based exchange-traded funds (ETFs) that can directly store ether (ETH) are shortly to arrive in the United States and might…

05
Jun
2024
Posted in Ethereum

A researcher predicts that Ethereum ETFs will attract $569 million each month

The regulator’s ruling came after Bitcoin spot ETFs were previously approved, which caused a significant capital inflow into BTC. Ethereum ETFs May See Significant Inflows Following Launch Once trading starts,…

05
Jun
2024
Posted in Ethereum

Change in Ethereum sentiment led to $2 billion in inflows into cryptocurrency investment products in May: CoinShares

According to CoinShares’ most recent report, global cryptocurrency investment products at asset managers like Ark Invest, Bitwise, BlackRock, Fidelity, Grayscale, ProShares, and 21Shares saw net inflows of $185 million last…

03
Jun
2024
Posted in Ethereum

Risks are associated with Ethereum’s rollup model, Vitalik Buterin cautions

According to Vitalik Buterin, co-founder of Ethereum, the blockchain’s much-discussed “rollup-centric road map” was the right decision, but it has its own set of drawbacks. Ethereum wants to be the…

31
May
2024
Posted in Ethereum

Grayscale submits an updated registration form for its Ethererum fund

The most recent issue to amend the registration statement for its proposed Ethereum ETH +0.22% fund is Grayscale Investments, which added details about how ether is treated and how much…

31
May
2024
Posted in Ethereum

The Fidelity Ethereum spot ETF, with ticker $FETH, is listed on DTCC

The Ethereum spot ETF from Fidelity is now available for trading on the Depository Trust and Clearing Corporation (DTCC) with the ticker $FETH. The US Securities and Exchange Commission (SEC)…

31
May
2024
Posted in Ethereum

The SEC ordered issuers of spot Ethereum ETFs to submit the first wave of draft S-1 forms by Friday: Sources

With all eyes on the S-1 forms, the march to authorize the spot Ethereum ETFs for trading is well under way. The S-1 forms only need to become operative in…

30
May
2024
Posted in Ethereum

Crypto asset manager predicts that ether will continue to beat bitcoin in the foreseeable future

One investment manager predicts that ether will continue to rise in value in relation to bitcoin in the near future as investors get interested in the second-largest digital currency by…

29
May
2024
Posted in Ethereum

The market awaits the launch of Ethereum ETFs as ether prices approach $4,000

Only a few days after eight Ethereum exchange-traded funds (ETFs) were approved and before their scheduled launches, the price of ether is surging toward $4,000. Ether has risen to $3,932…

27
May
2024
Posted in Ethereum

The Ethereum Foundation reports that it is addressing possible conflicts of interest

Executive Director of the Ethereum Foundation, Aya Miyaguchi, stated that following the disclosure of two of the organization’s researchers receiving “significant” EigenLayer token rewards, the group is expediting the creation…

27
May
2024
Posted in Altcoin

Grayscale withdraws its intention to stake Ethereum ETFs from their spot filing

In an updated preliminary proxy statement, Grayscale Investments withdrew its offer to stake in its proposed spot ether exchange-traded fund as well. Grayscale had previously suggested to investors that they…

24
May
2024
Posted in Ethereum

Daily trading volume for Ethereum futures ETF reaches an all-time high as demand for spot approval rises

In anticipation of spot approvals from the U.S. Securities and Exchange Commission, daily trading volume for Ethereum ETH -0.089% futures exchange-traded funds reached a new all-time high yesterday. Building on…

24
May
2024
Posted in Ethereum

Mercari, a giant in Japanese e-commerce, introduces Ethereum trading

Ethereum Accepts Mercari, a Japanese E-Commerce Giant It is the largest marketplace in Japan, claims Mercari. It runs a flea market website similarly to companies such as eBay. Recently, the…

24
May
2024
Posted in Ethereum

If ETF approvals stall, CryptoQuant predicts a correction in Ethereum’s price and volatility

The on-chain analytics company CryptoQuant issued a warning, stating that if forthcoming spot Ethereum ETFs run into problems, ETH values may change. It cautioned that if the SEC rejects applications…

22
May
2024
Posted in Ethereum

Imagination.Top Creators Will Get Rewards of Almost 600 ETH

The second round of in-game prizes for producers of Fantasy.Top, an Ethereum Layer 2 Blast-powered combination of trading cards and fantasy sports, has just been given out. By May 24,…

22
May
2024
Posted in Ethereum

Launching an Ether custody service that handles ETH like a security: Prometheum

Prometheum, a company that trades and holds digital assets, is said to have soft-launched its contentious Ether (ETH) custody service, which views digital assets like securities. A Fortune report dated…