Ethereum Watch

Despite the carnage and chaos all across the crypto market due to recent US SEC-related enforcement actions, Ethereum has just given a bullish buy signal. Advertisements On weekly timeframes, ETHUSD has formed a golden cross, but will it be enough to give the asset class a glimmer of hope amidst such darkness? Let’s take a […]

Advertisements The securitized tokens are governed by Hong Kong and Swiss law. On June 12, Bank of China’s investment bank subsidiary BOCI announced the issuance of 200 million Chinese yuan ($28 million) worth of digital structured notes minted on the Ethereum blockchain. The move makes BOCI the first Chinese financial institution to issue a tokenized […]

Advertisements Summary: Data from Blockchain Intelligence startup Nansen shows a steady increase in the number of staked ETH. So far, users and entities have locked over 22 million coins which amount to about 18% of the token’s supply. At the same time, balances in crypto exchanges are declining and now sit below 30 million tokens. […]

Advertisements The move is Tether’s second $1 billion mint in two months, bringing the total USDT minted by the stablecoin issuer in 2023 to over $16 billion. Tether minted a fresh batch of $1 billion worth of its Tether (USDT) stablecoin on the Ethereum blockchain on June 12. The latest billion-dollar mint for the stablecoin issuer comes […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements The first quarter of the new year brought a stop to the heartbreak investors repeatedly experienced in 2022. However, the balance of the crypto-market has been nothing close to the AI hype of […]