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Day: February 22, 2024

Coinbase Fights for Spot Ethereum ETF Asserting ‘ETH is Not a Security’

cryptocurrency February 22, 2024

Coinbase, a prominent US crypto exchange, has thrown its weight behind Grayscale’s bid to turn Ethereum Trust into a spot Ethereum exchange-traded fund (ETF). Advertisements Meanwhile, there is high optimism amongst the Ethereum community regarding the US Securities and Exchange Commission’s (SEC) decision on spot Ethereum ETF. Coinbase Explains Why The SEC Should Approve a […]

Why Ethereum’s rise to $3K was short-lived

cryptocurrency February 22, 2024

Advertisements Ethereum’s price faced uncertainty as a dormant ICO participant began to move holdings. NFT trades occurring on the network declined. On the 20th of February, following Ethereum’s [ETH] price surpassing $3,000, an ICO participant, who was dormant for 8.6 years, deposited 1,732 ETH, which amounted to $5.15 million on Kraken at press time. The […]

Ethereum Whale Buys $187 Million ETH In 3-Day Spree, Anticipating Further Surge?

cryptocurrency February 22, 2024

In recent on-chain data from Spot On Chain, an Ethereum whale appears to have engaged in significant accumulation activity, sparking interest and speculation within the ETH community. Advertisements According to the platform, the whale address in question has purchased a total of 64,501 ETH in the past three days, amounting to roughly $187 million at current […]

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