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Year: 2024

cryptocurrency July 30, 2024

BlackRock ETF and Index Investments CIO Samara Cohen discussed the iShares Ethereum Trust ETF (ETHA) in an interview with Bloomberg. She lauds Ethereum, like Bitcoin, for meeting investability criteria, citing customer feedback. Advertisements The investment firm issues both Bitcoin (BTC) and Ether (ETH) ETFs (exchange-traded funds) but recently dismissed prospects of a Solana counterpart, at […]

cryptocurrency July 30, 2024

Key Takeaways SEC plans to redefine crypto securities in Binance lawsuit. Due to the impending amendment, the court will postpone its decision on the sufficiency of the original allegations regarding these securities. Share this article Advertisements URL Copied Advertisements The US Securities and Exchange Commission (SEC) is seeking to amend its complaint against Binance Holdings, […]

cryptocurrency July 29, 2024

Grayscale’s Ethereum Trust ETF saw $1.5 billion in outflows from the 23rd to the 26th of July. BlackRock’s iShares Ethereum Trust ETF attracted $87.2 million in inflows on the 26th of July. Since the approval of the spot Ethereum [ETH] ETF for trading, Grayscale Ethereum Trust ETF [ETHE] has experienced significant outflows. Advertisements Grayscale breaks […]

cryptocurrency July 28, 2024

ETH has remained in the $3,200 price range. Its RSI showed it was in a bear trend. Ethereum [ETH] has experienced some price declines recently. However, during this period, there was a noticeable increase in the volume of large transactions. Advertisements Data analysis revealed whether this surge in transaction volume was primarily oriented toward buying […]

cryptocurrency July 27, 2024

Spot Ethereum exchange-traded funds (ETFs) saw a net outflow of $340 million in their first week of trading, primarily due to substantial outflows from Grayscale’s converted Ethereum Trust (ETHE). Advertisements Despite this, analysts remain optimistic about the performance of these new products. Grayscale Outflows Dominate Ethereum ETFs Flows Data from Farside shows significant inflows for […]

cryptocurrency July 27, 2024

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Advertisements Semilore is drawn to the efficiency of digital assets in […]

cryptocurrency July 26, 2024

Stablecoin supply grew in the last few days. USDT and USDC continued to dominate the market capitalization. There has been a noticeable increase in the market capitalization and supply of stablecoins, particularly Tether [USDT] and USD Coin [USDC]. Advertisements This growth has been significantly influenced by the recent approval of an Ethereum [ETH] ETF, which […]

cryptocurrency July 26, 2024

Post the Spot Ethereum ETFs launch, the ETH price has continued to struggle unexpectedly, proving that the launch of the Spot ETFs were a ‘sell the news’ event. So far, the second-largest cryptocurrency by market cap has lost around 10% of its value since the Spot Ethereum ETFs trading began on Tuesday, July 23, and […]

cryptocurrency July 26, 2024

Key Takeaways DeFi’s ‘gray zone’ challenges Wall Street’s traditional regulatory frameworks. BlackRock and Franklin Templeton lead in blockchain-based government securities. Share this article Advertisements URL Copied Advertisements Wall Street’s best and brightest are diving headfirst into tokenizing real-world assets, but they’re hitting a fork in the road: do they play it safe or venture into […]