Ethereum Watch

Solana ETFs approved by Brazil, set to begin trading this month. Most DePIN projects are built on the Solana blockchain.  Brazil has taken a significant step towards global cryptocurrency adoption by approving the world’s first Solana [SOL] spot ETF.  Advertisements This new fund is set to begin trading in August, as reported by Solana Floor […]

Asset management mogul Franklin Templeton has collaborated with Arbitrum Foundation to launch its Franklin OnChain US Government Money Fund (FOBXX). Advertisements The collaboration signifies growing institutional interest in further integrating traditional finance (TradFi) into decentralized finance (DeFi). Franklin Templeton Expands DeFi Push with Arbitrum Tokenized Fund The launch, announced on August 8, allows investors to […]

Aave DAO, Trident Digital, TokenLogic, and on-chain aggregator IntoTheBlock joined hands for the first $100 million fixed yield loan launch. Advertisements The fixed-yield loan locks 33,000 Ethereum (ETH) for three months, supported by a non-custodial smart contract from IntoTheBlock’s institutional DeFi solutions. Lenders receive aETH tokens as collateral, guaranteeing a yield that doubles the returns […]

BlackRock bought ETH worth $109.9 million, spurred by the latest price decline. Slight accumulation observed, especially from whales, but retail is still fearful. With the latest discounted Ethereum [ETH] prices, one would expect buyers to ape back into the market. Advertisements Unless there were expectations of more sell side pressure in the coming days. ETFs […]

Ethereum (ETH) core developer Peter Szilagyi is disappointed with the crypto industry, advocating for actual value in a sector that can be so much more. Advertisements The crypto industry has come a long way since its inception, from the creation of Bitcoin to the development of various blockchain projects and applications. There are still challenges, […]

Ethereum (ETH) price could be at the mercy of another decline following reports that Jump Trading, the crypto arm of a Chicago-based trading firm, could sell millions of the altcoin. Advertisements Here is a look at the details and the potential consequences of the sale. Another Big Sale At the Expense of Ethereum According to […]

Novice crypto traders are overwhelmed by fear, but seasoned market analysts advise otherwise. A combination of different ETH metrics indicate strong bullish sentiment due to increased wallet activities. Fear is dominating the crypto markets right now, and seasoned analysts often advise to “be greedy when others are fearful.”  Advertisements This strategy has proven effective over […]

BlackRock recently filed a proposal for options trading and listing on its spot Ethereum (ETH) exchange-traded fund (ETF), iShares Ethereum Trust (ETHA). Advertisements The proposal was submitted to the US Securities Exchange and Commission (SEC) on August 6 via the Nasdaq International Securities Exchange. Nasdaq and BlackRock Leverage Experience with Commodity ETFs for Crypto According […]

Ethereum (ETH) had one of its worst days of the year on Monday, August 5, as the price experienced a steep 23% correction. The result of this infamous decline was a drop to $2,120 — a level it last reached in 2023. Advertisements However, while ETH has quickly recovered, the initial plunge likely marked the […]

Ronin Bridge, an Ethereum sidechain built for the popular play-to-earn non-fungible token game Axie Infinity, has been hacked. The hack caused 3,996 Ethereum (ETH) worth approximately $9.33 million to be lost. Advertisements Players use the Ronin Bridge to transfer assets between the Ronin chain and the Ethereum network. Ronin Bridge Compromised for $9 Million PeckShield confirmed the […]