Ethereum Name Service rebranding has sparked market excitement ENS has surged by 8.48% to $28.46 over the past 24 hours as its trading volume hits $196.7M. Analysts cite bullish signals, potential for ENS to surpass […]
TLDR Ethereum gas prices have dropped significantly, with the average price at 7.32 Gwei as of June 21, 2024, down from higher levels earlier in the year. Layer 2 (L2) solutions on Ethereum are experiencing […]
TLDR Bloomberg analyst Eric Balchunas reaffirms his prediction of a July 2 launch date for U.S. spot Ethereum ETFs, following a surge in amended S-1 filings. Several major asset managers, including BlackRock, VanEck, and Fidelity, […]
TLDR Hashdex has filed an application with the SEC for a combined spot Bitcoin and Ethereum ETF called the Hashdex Nasdaq Crypto Index US ETF. The proposed ETF would be the first to directly hold […]
TLDR Despite temporary price stagnation, Ethereum (ETH) is poised for significant growth due to positive developments such as the SEC’s decision not to pursue charges against Ethereum and the imminent launch of Spot ETH ETFs. […]
TLDR Ethereum’s price reaching $10,000 is considered the most “asymmetric bet” in the current crypto market by some analysts, representing a potential 194% increase from current levels. Institutional inflows from the first spot Ether ETFs, […]
TLDR Tether launched a new token minting platform called Alloy on the Ethereum network, which allows users to create tokens collateralized by Tether’s tokenized gold (XAUT). The first token available on the Alloy platform is […]
SEC Chair Gary Gensler told lawmakers on Thursday that he sees spot Ethereum ETFs’ S-1 filings approval in the summer. The SEC Chair’s comments however did not offer much information, an ETF analyst noted. Gary […]
Ripple said that its upcoming stablecoin will be called Ripple USD (RLUSD). The firm expects to debut it on the Ethereum network and the XRP Ledger (XRPL) this year. The stablecoin has an alternative name, […]
TLDR ZKsync, an Ethereum layer-2 network, will airdrop 17.5% of its 21 billion ZK token supply to 695,232 eligible wallets next week. Eligibility and allocations were based on a snapshot of activity on ZKsync Era […]
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