The Hong Kong Securities and Futures Commission (SFC) has officially approved several spot Bitcoin and Ethereum exchange-traded funds (ETFs), a decision that marks a significant development in the region’s burgeoning crypto market. These approvals were granted to prominent asset managers including China Asset Management, Bosera Capital, and HashKey Capital Limited, …
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Ethereum, one of the leading cryptocurrencies, finds itself amidst a price decline alongside the broader crypto industry. This downturn has been exacerbated by escalating tensions in the Middle East, casting a shadow of uncertainty over the market. As the majority of cryptocurrencies experience a bleed in value, Ethereum is not …
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After the Dencun upgrade, the Ethereum network is all set for yet another, dubbed ‘Pectra,’ which represents a fusion of ‘Prague’ and ‘Electra,’ denoting its execution and consensus layers, respectively. Slated to roll out between Q4 2024 and Q1 2025, Pectra will incorporate significant Ethereum Improvement Proposals (EIPs), including the …
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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 …
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The much-anticipated arrival of spot Ethereum exchange-traded funds (ETFs) in the US seems to be hitting a snag. Industry leaders are voicing growing concerns about the likelihood of securing regulatory approval from the Securities and Exchange Commission (SEC), with a deafening silence from the agency fueling anxieties. Jan van Eck, …
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In recent months, the Ethereum staking landscape has witnessed significant transformations, prompting a shift in investor preferences and reshaping the sector’s dynamics. According to on-chain data researcher and strategist at 21Shares, Tom Wan, key metrics indicate a notable change in the approach towards Ethereum staking, with restaking gaining prominence as …
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Ethereum’s price has undergone an extensive phase of sideways consolidation subsequent to a decline toward the critical support level of $3K. Despite this, the cryptocurrency seems confined within a range between $3K and $3.7K, and it’s unlikely that volatility will pick up unless it manages to break out in either …
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On Tuesday, Steven Nerayoff, a former advisor to the Ethereum network, filed a lawsuit against the US government, seeking $9.6 billion in damages. The lawsuit, filed under the Federal Tort Claims Act (FTCA), accuses the government of false prosecution and a series of other serious allegations spanning from 2019 to …
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Venture Capital (VC) firm Paradigm is leading a substantial $225 million funding round for a new Layer 1 (L1) network, that aims to compete with the Ethereum (ETH) blockchain. Other notable participants include VC firms Electric Capital and Greenoaks. According to a recent Fortune Magazine report, Monad Labs, the company …
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Amid a broader market recovery, Ethereum has shown strength, pumping over 7% today. Meanwhile, eco-friendly AI crypto eTukTuk is also outpacing the market, recently crossing the $2.8 million total raised mark. Ethereum Jumps as Analysts Continued Gains Ethereum is currently trading at $3.6K, up 7.6% today as it recovers from …
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ETH has recently demonstrated resilience, maintaining support around the critical threshold of $3.2K, leading to a period of consolidation with minimal price movements. However, there are indications pointing towards a potential surge in buying interest in the medium term, possibly setting Ethereum on a trajectory to surpass its yearly peak …
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In a recent analysis, JP Morgan’s Global Markets Strategy team has shed light on key developments within the Ethereum network that could significantly influence its classification under securities law. The report comes at a critical juncture for ETH, as the Swiss-based foundation is under investigation by the US Securities and …
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