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Month: May 2024

cryptocurrency May 31, 2024

The recent price action of Ethereum has not been so much of a breeze. The second-largest cryptocurrency by market cap experienced a surge that nearly reached its all-time high, only to be met with a sharp reversal, leaving long traders licking their wounds. Advertisements Related Reading Bulls Take A Hit, But Sentiment Remains Positive The […]

cryptocurrency May 30, 2024

Ethereum co-founder Vitalik Buterin has demonstrated his unwavering commitment to privacy in the cryptocurrency sector by donating 30 ETH, valued at approximately $113,000, to the legal defense fund of Tornado Cash developers Alexey Pertsev and Roman Storm. Advertisements This donation highlights the significance of their cause and Buterin’s dedication to privacy rights. Etherscan Data Confirms […]

cryptocurrency May 30, 2024

Bitcoin and Ethereum have risen to become one of the most valuable assets globally. There has been a pause in the uptrends that BTC and ETH saw in the previous week. Recent data shows that Bitcoin [BTC] and Ethereum [ETH] have achieved dominance not only within the cryptocurrency market but also in the broader financial […]

cryptocurrency May 30, 2024

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cryptocurrency May 30, 2024

Vitalik Buterin, the visionary co-founder of Ethereum (ETH), recently highlighted the deep connection between culture and the technological advancements within the Ethereum ecosystem. Advertisements He emphasized the significance of underlying cultural dynamics in shaping Ethereum’s growth. Known for its pioneering role in blockchain and smart contracts, Ethereum has evolved to foster a diverse community. Here, […]

cryptocurrency May 30, 2024

The past few months have seen Ethereum whales, the cryptocurrency world’s Goliaths, flexing their financial muscles. According to a recent report by Santiment, on-chain data reveals a surge in whale activity, possibly fueled by the green light for spot Ethereum exchange-traded funds (ETFs) from the US Securities and Exchange Commission (SEC). Advertisements This heightened involvement […]

cryptocurrency May 30, 2024

Vanguard has reaffirmed its position against offering spot Ethereum ETFs on its platform, maintaining its cautious approach toward cryptocurrency products. Advertisements This stance follows the US Securities and Exchange Commission’s (SEC) approval of spot Ethereum exchange traded funds. Vanguard’s Stance on Traditional Investments Against ETFs Despite the SEC’s green light, Vanguard remains firm. Managing assets […]

cryptocurrency May 30, 2024

BlackRock, a prominent asset management firm, has recently updated its S-1 filing with the US Securities and Exchange Commission (SEC). This indicates significant progress toward launching a spot Ethereum (ETH) exchange-traded fund (ETF). Advertisements The crypto community and experts see this update as a critical step, aligning with similar moves by other asset managers, such […]

cryptocurrency May 29, 2024

The past few months have been marked by an uptick in ETH whale activity. Since the SEC approved ETH spot ETF, there has been a rally in daily whale transfers. Ethereum [ETH] has witnessed a surge in whale activity in the past few months, Santiment noted in a newly published report.  Advertisements According to the […]