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Year: 2024

cryptocurrency June 1, 2024

The race to lower fees for spot Ethereum exchange-traded funds (ETFs) has begun as applicants aggressively reduce costs to attract investors. Advertisements Experts note that fee wars are common in the ETF industry, as issuers tend to reduce their expense ratios to attract inflows. The crypto industry experienced this firsthand during the January approval process […]

cryptocurrency June 1, 2024

Following the abrupt approval of the Ethereum Spot ETFs by the US Securities and Exchange Commission (SEC), several prospective issuers have now filed amended versions of their S-1 forms. This development follows an initial directive from the commission that necessitated all asset managers vying to launch an Ether Spot ETF  to submit their draft S-1 […]

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 […]