Ethereum
Bloomberg analyst James Seyffart has provided insights into when the Spot Ethereum ETFs could begin trading if the Securities and Exchange Commission (SEC) were to approve these funds. Based on his remarks, it could take weeks to months before these funds launch, even if an approval would come this week. S-1 Filings Need To Be…
As discussion regarding Ethereum‘s status heats up, the United States Securities and Exchange Commission (SEC) Chairman Gary Gensler has come under fire from well-known cryptocurrency market watcher and Cinneamhain Ventures founder Adam Cochran for the continued lack of clarity surrounding Ethereum regulations. Cochran’s criticism is focused on what he believes to be the SEC’s erratic…
The much-anticipated Ethereum Spot Exchange-Traded Funds (ETFs) are set to reach a pivotal junction this week as Nate Geraci, President of the ETF Store, has revealed that the United States Securities and Exchange Commission (SEC) is expected to issue a final decision regarding the exchange-traded funds within the week. Ethereum Spot ETFs Decision Looms Since…
Ethereum is a legacy chain that has scaled over time to address the needs of the ever-demanding global user base. To relieve the mainnet of the deluge of transactions, more layer-2 platforms have sprouted. They are cheaper to transact on and scalable, allowing users to deploy intensive decentralized applications that won’t be feasible on the…
Ethereum is a legacy network, but it has been rapidly evolving. It has adapted to environmental needs, for example, while looking for ways to scale. Several hard choices have been made, including shifting from a proof-of-work to a proof-of-stake system. However, Péter Szilágyi, a developer and team lead at Ethereum, is concerned about how “malleable” Ethereum is…
The US Department of Justice (DOJ) has arrested two brothers accused of orchestrating an attack on the Ethereum blockchain that resulted in the theft of $25 million worth of crypto. Anton Peraire-Bueno of Boston and James Pepaire-Bueno of New York are charged with conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money…
As the cryptocurrency world anxiously awaits the decision regarding Ethereum Spot Exchange-Traded Funds (ETFs) from the United States Securities and Exchange Commission (SEC), much has been said about the variables that could influence the Commission’s ruling. Author and finance lawyer Scott Johnsson enters the discussion and highlights an important point: the SEC might consider Ethereum’s…
Ethereum remains under immense selling pressure, shaving over 30% from March 2024 highs. With prices recently dropping below $3,000 and sellers doubling down, there could be no reprieve for optimistic buyers in the sessions to come. Analyst Expects One More “Washout” To $2,700 Taking to X, one analyst notes that the coin is still bearish and…
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…
While Ethereum struggles to regain the Q1 2024 momentum, currently tethered close to the psychological $3,000 level, one trader remains bullish. Taking to X, the analyst posts several reasons to negate concerns by skeptics even with the coin trading 30% from March 2024 highs when prices broke above $4,000. By this take, doubts about future gains could…
