Now that Spot Bitcoin ETFs have been approved by the United States Securities and Exchange Commission (SEC), the crypto space anticipates more ETFs to enter the market, particularly Spot Ethereum ETFs. Despite this, analysts at JP Morgan, an American multinational financial service firm, have revealed a less than optimistic outlook …
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In a scathing critique of the US Securities and Exchange Commission (SEC), renowned pro-XRP lawyer John E. Deaton has unleashed a broadside against what he perceives as systemic corruption, favoritism, and a glaring double standard in the regulatory oversight of cryptocurrencies. Deaton’s fiery response, articulated through via X, was triggered …
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In the recent market developments, Ethereum showcased a remarkable upswing, surging to a yearly high of $2717. However, this ascent was met with considerable selling pressure, prompting a slight retracement and setting the stage for a potential short-term consolidation correction. By Shayan Ethereum Price Analysis: The Daily Chart A thorough …
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Ethereum continues to be the number one blockchain among crypto developers, with more than 70% of new contract codes first deployed on the network, according to the latest report by Electric Capital. Also, there has been a spread in the distribution of developers globally, with more crypto devs living outside …
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Recently, cryptocurrency analytics platform Lookonchain reported activities of Bitcoin (BTC) and Ethereum (ETH) whales amid the ongoing market downturn. These whales appear to have been capitalizing on the recent decline in the crypto prices to bolster their holdings. According to Lookonchain, amid the market dip, a newly established wallet withdrew 700 …
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The United States Securities and Exchange Commission (SEC) has announced an extension in the decision-making process for Fidelity’s proposed Ethereum exchange-traded fund (ETF). According to the official statement released on January 18, 2024, the SEC has decided to prolong the review period by 45 days. This extension is to ensure …
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Santiment’s on-chain data recently signaled a notable bullish momentum for XRP (XRP). Meanwhile, Ethereum Classic’s (ETC) rollercoaster performance in Q4 2023 and its upcoming Spiral Hard Fork adds complexity to the crypto landscape. Yet, NuggetRush (NUGX) emerges as a standout altcoin, blending cryptocurrency, physical mining, and gold mining into a …
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In a detailed thread on social media platform X, on-chain forensic analyst TruthLabs, known as @BoringSleuth, and supported by former Ethereum advisor Steven Nerayoff, has levied substantial allegations against the Ethereum Foundation. According to TruthLabs, there is transactional evidence linking the Ethereum Foundation to the substantial Gatecoin hack of 2016, …
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Over the past 30 days, Ethereum (ETH), the second-largest cryptocurrency, has experienced a notable surge of 17%, outperforming Bitcoin (BTC), which has recorded a surge of 2.5% over the same period. This comes as the initial excitement surrounding the approval of the exchange-traded funds (ETFs) by the US Securities and …
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Amidst the lull in the realm of Bitcoin, Ethereum emerges as a trailblazer, confidently charting its course. While the crypto king takes a breather following its ETF approval, Ethereum, undeterred, is experiencing a surge in both price and dominance, propelled by an influx of new users and the prevailing trend …
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The investment community is buzzing about the new Bitcoin Minetrix (BTCMTX) project, which launched its presale in the second half of 2023 and has raised over $8.4 million so far. Some traders believe that Bitcoin Minetrix’s revolutionary Stake-to-Mine protocol could even allow it to outpace Ethereum’s (ETH) growth once listed …
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The Ethereum price might be doing well post-spot Bitcoin ETF launch, but recent moves by Celsius threaten to destabilize the price movement. The now-bankrupt crypto lender seems to have begun its reimbursement plan to its creditors, as on-chain data reveal the movement of its ETH holdings to crypto exchanges. According …
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