Ethereum Watch

SEC could reject spot ETH ETF application based on ‘security’ status. Mixed feelings on possible SEC’s rejection grounds as ETH price dropped.  The US SEC (Securities and Exchange Commission) has been quiet on the status of Ethereum [ETH] and whether it will approve the spot ETH ETF filings.  Advertisements However, a recent development indicates that […]

A recent SEC filing has sparked concerns about the future of spot Ethereum ETFs, potentially shaking the crypto industry’s foundation. Advertisements On May 13, Scott Johnsson from Davis Polk and Wardwell highlighted the SEC’s call for public input on classifying BlackRock’s proposed spot Ethereum ETF as a commodity-based trust. SEC’s Review on Ethereum ETFs Johnsson […]

A recent report reveals that Konstantin Lomashuk and Vasiliy Shapovalov, co-founder of Lido—the largest liquid staking protocol in Ethereum (ETH)—fund a competitor of Ethereum’s restaking protocol EigenLayer. Advertisements According to a source familiar with this matter, Symbiotic is the protocol that will receive Lido co-founder’s backing. It will get support through the Cyber Fund. Symbiotic […]

Ethereum price is eyeing an upside break above the $2,900 level. ETH must settle above $2,900 and $2,940 to continue higher in the near term. Advertisements Ethereum is forming a base above the $2,860 support zone. The price is trading below $2,950 and the 100-hourly Simple Moving Average. There is a key bearish trend line […]