Tagged: eth

August 11, 2024 @ 4:25 pm By Omar Faridi  |  

Ethereum turned Inflationary in 2024 for the first time since 2022 according to an update from CoinGecko. CoinGecko‘s latest report has looked into just how much ETH has been burned. As of August 5, 2024, the Ethereum network has “burned a total of 465,657 ETH… Read More

July 29, 2024 @ 8:33 am By Omar Faridi  |  

Nansen has introduced their ETH ETF Dashboard with real-time tracking of ETF holdings and ETH inflows. Nansen are pleased to officially announce the launch of their public ETH ETF dashboard that allows anyone “to monitor and track real-time ETF balances and ETH ETF onchain flows… Read More

July 25, 2024 @ 10:06 pm By Omar Faridi  |  

Galaxy Asset Management, which claims to be one of the world’s largest digital assets and blockchain investment managers, in partnership with Invesco Ltd. (NYSE: IVZ), a global provider of exchange-traded products (ETPs), announced the launch of the Invesco Galaxy Ethereum ETF (QETH). QETH is a… Read More

July 19, 2024 @ 2:47 pm By JD Alois  |  

The approval of spot Bitcoin ETFs helped to fuel a bull run in Bitcoin. Ethereum (ETH) ETFs will start trading next week as several spot funds have received regulatory approval. As of today, ETH is trading at around $3500 – having risen by over 10%… Read More

June 19, 2024 @ 10:51 am By Omar Faridi  |  

Blockchain and smart contract development firm Consensys has shared an important update via social media, noting that Ethereum (ETH) has “survived” the SEC. ConenSys confirmed that they are announcing a major win for Ethereum developers, technology providers, and industry participants. ETHEREUM SURVIVES THE SEC. Today… Read More

May 24, 2024 @ 12:42 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) is poised to green-light Ethereum (Ether) ETFs after years of pushback. As of this writing, it was not clear as to when these products would commence trading. Earlier this year, the SEC approved spot Bitcoin ETFs for trading after… Read More

March 26, 2024 @ 4:44 pm By JD Alois  |  

Republicans on the House Financial Services Committee and the House Committee on Agriculture are demanding that the Securities and Exchange Commission (SEC) clarify whether Ether (ETH—Ethereum) is a security or something else. In recent years, the SEC has publicly stated ETH is not a security…. Read More

March 20, 2024 @ 5:05 pm By JD Alois  |  

It was not too long ago that the Securities and Exchange Commission determined Ethereum (ETH) NOT to be a security. But times change, and new leaders take over. In this case, it is the Chairman of the SEC, Gary Gensler. According to an X distributed… Read More

March 4, 2024 @ 3:45 pm By Omar Faridi  |  

Ethereum Layer-2 roll-up platform Metis is announcing key collaborations with Chainlink Labs, EigenLayer, Renzo, Ethena, and DeFi Kingdoms. These collaborations are expected to make Metis stronger and “more accessible—a self-sustaining blockchain—by enabling better user experiences and deeper liquidity.” Many Ethereum Layer 2 (L2) networks “offer… Read More

March 3, 2024 @ 9:38 pm By Omar Faridi  |  

Taiko has acquired $15 million via a Series A round, bringing its total outside investments to $37 million. The initiative’s developers claim to be working on an Ethereum-equivalent ZK rollup with “based sequencing” – both described as being technological innovations. However, Taiko currently faces an… Read More

February 29, 2024 @ 8:16 am By Omar Faridi  |  

ETC Group is unveiling its latest ETP listed on Deutsche Börse XETRA, the ETC Group Ethereum Staking ETP (ticker ET32; ISIN DE000A3G90G9), a total return exchange-traded product that tracks the Compass Ethereum Total Return Monthly Index. Specifically tailored to meet the rigorous requirements of institutional… Read More

February 3, 2024 @ 9:30 am By Omar Faridi  |  

James Butterfill, Head Of Research at CoinShares, has shared the results of the latest digital asset fund manager survey. As noted in the update, 75% of all respondents believe Bitcoin and Ethereum have “the most compelling growth outlook.” As mentioned in the report, digital assets… Read More

January 20, 2024 @ 12:56 am By Omar Faridi  |  

Michael Nadeau, the founder of The DeFi Report who also helps startups and asset managers, has pointed out that Ethereum (ETH), the world’s largest smart contract platform, reached $10 billion in revenue “faster than any other major software company besides Google.” Although this may be… Read More

January 4, 2024 @ 11:05 pm By Omar Faridi  |  

Marco Manoppo, the Research Director at Digital Asset Research, notes that Vitalik Buterin had revealed the Ethereum 2024 roadmap highlighting key priorities. As noted in a post by Manoppo, it has 6 core elements: the Merge, Surge, Scourge, Verge, Purge, and Splurge. As mentioned in… Read More

January 2, 2024 @ 7:14 pm By Omar Faridi  |  

As 2023 came to a close and we enter the new year, OffChain Labs shared that they believe it’s a great opportunity to look back at all of the progress they’ve made. Offchain Labs introduced new products to the broader industry, while continuing their mission… Read More

January 2, 2024 @ 7:53 am By Omar Faridi  |  

As we get ready for another crypto bull market, with Bitcoin surging past $45,000 in anticipation of expected BTC ETF approvals, it’s worth taking a look back at key industry developments. The crypto industry has reflected on significant developments throughout 2023 and plans towards a… Read More

December 4, 2023 @ 10:00 pm By Omar Faridi  |  

A couple of weeks ago, the cryptocurrency community witnessed a “peculiar” and complex exploit within the Raft Protocol, which is described as a decentralized finance (DeFi) platform operating on the Ethereum network. This incident, now widely referred to as the “Raft Protocol Exploit,” stands out… Read More

November 24, 2023 @ 11:56 am By Omar Faridi  |  

Movement Labs has announced its plans to launch M2, the first Move Virtual Machine L2 for Ethereum, scaled with Celestia as modular DA. Starting with M2, Movement is building an ecosystem of Modular Move-Based Blockchains, with M2 made possible “by Celestia’s Blobstream and the modular… Read More

October 31, 2023 @ 10:19 am By Omar Faridi  |  

James Butterfill from CoinShares notes that rising optimism has “prompted largest inflows for 1 & ½ years at $326 million.” The team at CoinShares notes in their weekly update that digital asset investment products reportedly “saw inflows of US$326m, the largest single week of inflows… Read More

October 28, 2023 @ 12:39 pm By Omar Faridi  |  

Affine has integrated Chainlink CCIP — the industry standard for secure cross-chain interoperability — across the Ethereum, and Polygon mainnets. Affine is leveraging CCIP’s arbitrary messaging capabilities “to help build cross-chain NFT bridging functionality for Affine Pass NFTs, which helps enable seamless and secure NFT… Read More