Tagged: ethereum

October 1, 2024 @ 11:34 am By Omar Faridi  |  

Ethereum (ETH) and Tron (TRX) are reportedly dominating the fast-growing stablecoins ecosystem with a significant 83.9% share, presently valued at $144.4 billion, according to an update from CoinGecko. CoinGecko notes in a research report that Ethereum has the most stablecoins, with $84.6 billion, or 49.1%… Read More

September 30, 2024 @ 9:07 pm By Omar Faridi  |  

NYDIG Research has shared an extensive updated highlight the path for options on Bitcoin ETFs along with other key blockchain and crypto industry insights. With the SEC approving IBIT options, the research report from NYDIG looks “at the next steps required for options to begin… Read More

September 30, 2024 @ 1:06 pm By Omar Faridi  |  

Crypto markets moved sideways in Q3 2024, as measured by the FTSE/Grayscale Crypto Sectors family of indexes. This, according to an extensive report from Grayscale. Grayscale noted in its report that changes to the FTSE/Grayscale family of indexes this year highlight emergent themes “for the… Read More

September 28, 2024 @ 2:50 pm By Omar Faridi  |  

Folks Finance has integrated Chainlink CCIP and Price Feeds across the Avalanche, Base, and Ethereum mainnets, leveraging CCIP’s arbitrary messaging functionality to enable highly secure cross-chain lending. By integrating Chainlink Price feeds, Folks has access “to high-quality, tamper-proof price feeds needed to support secure markets… Read More

September 10, 2024 @ 9:00 am By JD Alois  |  

Paxos and the Arbitrum Foundation say the infrastructure firm will now integrate with Arbitrum, a Layer 2 (L2) scaling solution for Ethereum. According to a company statement, Arbitrum is the first L2 network to connect with Paxos. Paxos is a compliance-first blockchain ecosystem that can… Read More

September 9, 2024 @ 7:22 pm By Omar Faridi  |  

The landscape of Layer–1 blockchains has evolved significantly in recent years. Networks like Bitcoin, Ethereum and Solana form the backbone of the cryptocurrency ecosystem, each offering unique approaches to scalability, security, and decentralization. This, according to a report from Coin Metrics. Coin Metrics pointed out… Read More

August 31, 2024 @ 3:12 pm By Omar Faridi  |  

Blockdaemon has joined the launch of the industry’s “first” Node Operator Risk Standard (NORS) certification for Ethereum (ETH), establishing a new benchmark for operational security and risk management for the Ethereum node operators. Additionally, Blockdaemon now participates in the NORS Development Working Group, the group… Read More

August 25, 2024 @ 12:32 pm By Michael Wong  |  

California-based crypto startup Sorella Labs has announced raising $7.5 million in its latest funding round anchored by tech investment firm Paradigm. The round, which will be used to finance the expansion of the startup’s operations and development efforts, was also backed by a host of… Read More

August 19, 2024 @ 11:10 am By JD Alois  |  

CoinShares Head of Research James Butterfill has shared some insight into institutional holdings of crypto ETFs – Bitcoin based funds. Butterfill has reviewed all of the all the Bitcoin ETF filing data and looked at prior filings in March to see how positions have changed…. Read More

August 15, 2024 @ 6:14 am By Omar Faridi  |  

Secondary to Bitcoin by market cap, Ethereum has been neck and neck with Bitcoin over the last year across major inflection points, the team at CoinGecko noted in a new report. Over one year, however, CoinGecko pointed out that Ethereum lags behind Bitcoin “at 31.6%… Read More

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

August 11, 2024 @ 2:12 pm By Omar Faridi  |  

Ripple is pleased to announce they have begun beta testing Ripple USD (RLUSD) on the XRP Ledger (XRPL) and Ethereum mainnet. This is a significant milestone and “a step closer to bringing more high-quality assets to the XRPL, driving new opportunities, liquidity, and institutional use… Read More

August 6, 2024 @ 10:36 am By Omar Faridi  |  

Coin Metrics’ State of the Network has provided comprehensive update on cryptocurrency markets amidst the unfolding global market sell-off as well as an insightful break down Coinbase’s Q2 2024 earnings. During this past weekend, global markets and crypto-assets alike were jolted by a number of… Read More

August 3, 2024 @ 5:32 pm By Tony Zerucha  |  

YouHodler chief of markets Ruslan Lienkha and risk manager Sergei Gorev were asked about recent movements in the cryptocurrency world, including Circle’s IPO and Solana price movements. YouHodler is a firm that offers a wide range of Web3 Fintech services to ensure a seamless connection… Read More

July 30, 2024 @ 10:15 pm By Omar Faridi  |  

Consensys announced a research agreement with Smart Transaction Corp (STXN), enabling STXN to investigate ways to further enhance the composability and utility of Ethereum transaction semantics. The research, which is separate from but complementary to MetaMask’s Smart Transactions feature launched in May 2024, will “be… 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 28, 2024 @ 4:53 pm By Tony Zerucha  |  

Crypto specialist Bitwise Asset Management this week launched Bitwise Ethereum ETF on the New York Stock Exchange. ETHW has a management fee of 0.20%, with the fee set to 0% for the first six months on the first $500 million in assets. The fund invests directly in… 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 25, 2024 @ 1:11 pm By JD Alois  |  

Net inflows into Ethereum (ETH) ETFs since launch have topped $1 billion, according to Coinshares. The company indicates that $1.014 billion has been invested in these funds. At the same time, Grayscale Ethereum Trust, traded on OTC Markets, has seen a decline of $820 million… 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