Tagged: ether

February 16, 2025 @ 7:06 pm By Tony Zerucha  |  

YouHodler chief of markets Ruslan Lienkha comments on recent cryptocurrency trends. How much of the recent crypto price surge can be attributed to social media hype versus fundamental market drivers? “Bitcoin exhibits a strong correlation with the S&P 500, albeit with significantly higher volatility and… Read More

June 20, 2024 @ 8:25 am By Omar Faridi  |  

Gemini is serving as the custodian for a “landmark” ether staking ETF fund launched recently by Purpose Investments, following the development of custom custody infrastructure that will enable third-party staking from Gemini Custody. The fund, Purpose Ether Staking Corp. ETF (“ETHC.B”), is said to be… 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

May 22, 2024 @ 3:35 pm By JD Alois  |  

House Financial Services Committee Chairman Patrick McHenry, along with Digital Assets, Financial Technology and Inclusion Subcommittee Chairman French Hill, and Oversight and Investigations Subcommittee Chairman Bill Huizenga, have joined to ask the Securities and Exchange Commission to provide information on Prometheum’s move to provide custody… Read More

April 2, 2024 @ 4:13 pm By JD Alois  |  

Payments and transfers provider Paxful says they will now support Ethereum in more than 150 different countries. Paxful was founded in 2015 and reports more than12 million users globally. Paxful offers traders access foreign and digital currencies using more than 450 on-ramps. Roshan Dharia, Paxful… 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

August 18, 2023 @ 8:43 am By Omar Faridi  |  

Lucas Kiely, chief investment officer of digital wealth platform Yield App, says that today’s tumble in crypto asset prices, driven by macro factors, will likely be short-lived. He adds that a wave of good news this week, “including the launch of Europe’s first spot bitcoin… Read More

January 22, 2023 @ 10:17 pm By Omar Faridi  |  

Masa, the first Ethereum Virtual Machine (EVM)-compatible Soulbound identity protocol, announced its mainnet launch on the Ethereum network. The mainnet launch of Masa Soulbound Identity “brings a standardized on-chain Soulbound Token protocol and infrastructure to power the web3 economy.” The mainnet launch “empowers users to… Read More

August 28, 2022 @ 11:49 pm By Omar Faridi  |  

Boris Ilyevsky, Head of Coinbase Derivatives Exchange (at Coinbase (NASDAQ:COIN)) notes that the platform will be launching a Nano Ether futures contract (ET) on August 29, 2022 as they continue “to build an accessible futures market for the retail trader.” Sized at 1/10th of an… Read More

June 15, 2022 @ 6:46 pm By Omar Faridi  |  

Bit.com, a crypto exchange that supports spot, contract, options, and other trading products meeting the diversified needs of its global clients, has “listed Staked Ether (STETH) on its spot and futures markets.” By listing STETH, Bit.com claims that it “becomes the first cryptocurrency exchange to… Read More

March 29, 2022 @ 10:34 am By Omar Faridi  |  

CME Group, the leading derivatives marketplace, has introduced options on Micro Bitcoin and Micro Ether futures, further expanding its suite of virtual currency derivatives offerings. Tim McCourt, CME Group Global Head of Equity and FX Products, stated: “The launch of these micro-sized options builds on… Read More

December 7, 2021 @ 11:17 am By Omar Faridi  |  

CME Group, which claims to be the most diverse derivatives marketplace, has launched Micro Ether futures, further “expanding its suite of cryptocurrency derivatives offerings, and marking its second micro cryptocurrency product this year.” Tim McCourt, CME Group Global Head of Equity Index and Alternative Investment… Read More

November 9, 2021 @ 9:09 am By JD Alois  |  

Boosted by the rapid rise of Bitcoin and Ether, crypto markets are now valued at more than $3 trillion. It was only this past August when crypto markets surpassed $2 trillion in value so the gain has been pretty spectacular. Both Bitcoin and Ether have… Read More

June 8, 2021 @ 10:59 am By Omar Faridi  |  

Digital asset firm Kraken notes in its latest Kraken Intelligence report that May was a rather “unpleasant” month for crypto. The Kraken Intelligence team points out that with such a “severe” price correction, some may now be wondering whether “the party that began last September… Read More

May 8, 2021 @ 2:01 pm By Omar Faridi  |  

The team at Blockchain.com, a leading digital currency wallet provider, trading platform, and block explorer service, notes that as the crypto-asset space exceeds the $2 trillion market value level, many people might be wondering just how much longer and higher will these prices go in… Read More

March 7, 2021 @ 12:48 pm By Omar Faridi  |  

Decentralized finance (DeFi) continues to lead the cryptocurrency market bull run, while Bitcoin  (BTC) is “holding steady” according to a report from OKEx. The exchange noted that last week’s digital assets price action may have “some of you ready to exit the roller coaster,” but… Read More

March 6, 2021 @ 4:07 pm By Omar Faridi  |  

The developers of the YIELD Fintech investment App have launched their Ethereum (ETH) fund, which will allow their users to earn as much as 20% APY on cryptocurrency’s second-biggest asset, Ether . The YIELD App team noted that this adds to their current “stable of… Read More

February 3, 2021 @ 7:53 am By Omar Faridi  |  

Existing virtual currencies are unlikely to last, according to Bank of England governor Andrew Bailey. Decentralized cryptocurrencies like Bitcoin (BTC) or Bitcoin Cash (BCH) don’t have the appropriate structure to work as a viable long-term payments method, according to Bank of England (BoE) governor Andrew… Read More

January 25, 2021 @ 6:17 pm By Omar Faridi  |  

Sequoia Holdings, an employee-managed and owned provider of high-end software development and engineering tools, says it will allow its workers to receive part of their salary in Bitcoin (BTC), the flagship cryptocurrency. Under the program, employees at Sequoia may choose to defer a certain percentage… Read More

January 10, 2021 @ 1:29 pm By Omar Faridi  |  

Two New York City bars could potentially make history by selling for Bitcoin (BTC), the flagship cryptocurrency that’s currently trading at almost $41,000, up from only $3,800 back in March 2020 (which was when the digital asset crashed briefly along with the broader financial markets… Read More