Bitcoin tumbles, tests $49,000, amid major crypto selloff
Bitcoin briefly tests $49k before rebounding to $51k amid a $270 billion crypto market selloff. Concerns over the US recession...
Ethereum News
BlackRock and Nasdaq Submit Proposal for Spot Ethereum ETF Options
Leading asset management BlackRock and global stock exchange Nasdaq submitted a proposal to introduce options for the iShares Ethereum Trust...
Plus Token Ponzi scheme wallets moved $63M ETH after years of inactivity
Plus Token wallets moved $63.1M ETH after three years of inactivity. Dormant funds, once held in Bidesk, were partially transferred...
Ethereum Price Dips Following ETF Launch and Market Pressures
Ethereum (ETH), the second-largest cryptocurrency, has seen a significant price drop of over 7.5% in recent trading, with its value...
Genesis Trading prepares to return $3B to customers, transfers 32,256 BTC
Genesis transferred $2.12B in BTC and $838M in ETH as part of bankruptcy restructuring. Genesis will return $3B to creditors,...
Ethereum (ETH) Price Battles Resistance: Is a Breakout Coming Soon?
TLDR Ethereum’s price is currently battling resistance around $3,300-$3,400 after a recent downward correction. ETH is down about 6.5% since...
M2 crypto exchange to allow UAE residents to trade crypto using bank accounts
M2 enables UAE residents to trade BTC and ETH directly with bank accounts. Integration supports dirham deposits, withdrawals, and market-responsive...
Compound Finance Faces Controversy Over $24 Million Proposal
TLDR Compound Finance passed a controversial proposal allocating $24 million worth of COMP tokens to a new vault The proposal...
Ethereum ETFs Experience Net Outflows on Second Trading Day
TLDR Spot Ethereum ETFs experienced net outflows of $113-133 million on their second day of trading. Grayscale’s Ethereum Trust (ETHE)...
$484 Million Outflow from Grayscale’s Ethereum Trust on ETF Launch Day
TLDR Grayscale’s Ethereum ETF (ETHE) saw $484 million in outflows on its first day of trading. BlackRock’s Ethereum ETF (ETHA)...
US SEC approves Ethereum ETFs, Grayscale spot Ether ETFs launch on NYSE Arca
US SEC approves Ethereum ETFs after years regulatory process. Grayscale has launched two spot Ether ETFs on NYSE Arca after...
Tornado Cash Deposits Surge to $1.9 Billion in 2024 Despite Sanctions
Key points: Tornado Cash has seen a resurgence in 2024, with $1.9 billion in deposits in the first half of...
Ethereum ETF Fee Race Heats Up as Launch Date Approaches
TLDR Invesco and Galaxy set management fees for their Invesco Galaxy Ethereum ETF (QETH) at 0.25% This fee is slightly...
SEC directs final S-1 submissions for Ether ETFs with target launch on July 23
SEC mandates final S-1 filings for Ether ETFs by July 16, launch set for July 23. Invesco, Galaxy set fees...
CFTC Chair Reaffirms Bitcoin and Ethereum as Commodities in Senate Testimony
TLDR CFTC Chair Rostin Behnam reiterated to the U.S. Senate that Bitcoin and Ethereum are commodities. A recent Illinois court...
Ethereum Name Service Unveils Brand Refresh to Bridge Web2 and Web3
TLDR Ethereum Name Service (ENS) has unveiled a new brand identity and website at EthCC. The rebrand aims to make...
Countdown to Launch: Ethereum ETFs Poised for Mid-July Debut
TLDR Bitwise has filed an amended S-1 registration for its Ethereum ETF ahead of the July 8 deadline. Analysts predict...
aUSDT: Tether’s Gold-Backed Synthetic Dollar Explained
TLDR Tether launched a new token minting platform called Alloy on the Ethereum network, which allows users to create tokens...
Ethereum Emerges Victorious: SEC Drops Charges in Landmark Decision
TLDR The U.S. SEC has closed its investigation into Ethereum 2.0 without filing charges, according to Consensys. The decision comes...
Ethereum and Bitcoin See Transaction Fees Plummet Amid Market Downturn
TLDR Ethereum gas prices have dropped significantly, with the average price at 7.32 Gwei as of June 21, 2024, down...
Ethereum ETF: When Will They Launch & What Will The Price Impact Be?
TLDR Bloomberg analyst Eric Balchunas reaffirms his prediction of a July 2 launch date for U.S. spot Ethereum ETFs, following...
Hashdex Files for Combined Spot Bitcoin and Ethereum ETF with SEC
TLDR Hashdex has filed an application with the SEC for a combined spot Bitcoin and Ethereum ETF called the Hashdex...
