Ethereum Watch

A user calling himself Hu Lezhi burned Ethereum tokens worth $1.65 million and donated a further $5.35 million, posting bizarre screeds about mind control chips. He included multiple suicidal statements. Advertisements This sad tale struck a nerve with the crypto community, with figures like Tron founder Justin Sun attempting to support him. However, it also […]

Crypto outflows totaled $415 million last week, marking a sharp reversal from a streak of net positive flows since the beginning of the year. Advertisements This downturn is largely attributed to Federal Reserve Chair Jerome Powell’s recent hawkish remarks and higher-than-expected US inflation data. Bitcoin Succumbs As Crypto Outflows Hit $415 Million The latest CoinShares […]

Ethereum founder Vitalik Buterin recently made a blog post discussing an increase in L1 gas limits. Buterin claimed that the blockchain’s future rests with L2 protocols, but L1 gas upgrades will increase functionality and keep the core vision intact. Advertisements Buterin discussed the need to deal with bad actors on multiple levels, quarantining sketchy ERC-20 […]

Over $2.5 billion worth of Bitcoin and Ethereum options contracts are set to expire this Friday. Moreover, markets are still reeling from US economic data this week, including CPI and PPI, but can the derivatives’ expiry event today push prices higher over the weekend?  Advertisements Bitcoin (BTC) remains well below the $100,000 psychological level as […]

The Ethereum Foundation (EF) today allocated $120 million in ETH tokens to DeFi lending protocols: Aave, Spark, and Compound. Advertisements The Foundation has been in a sustained leadership crisis caused by token sales to pay overhead costs. The EF has shown a willingness to respond to the community, but it still faces tough challenges ahead. […]

BeInCrypto community recently had the pleasure of hosting Alon Muroch, SSV Labs Founder and a key contributor to SSV Network, in an insightful AMA session. As SSV celebrates its first year, Alon shared exciting developments, including the groundbreaking SSV2.0 upgrade and the introduction of Based Applications (bApps). Here’s a recap of the session, highlighting the […]

Despite recent price declines, crypto inflows soared to $1.3 billion last week. It marks the fifth consecutive week of positive inflows, demonstrating sustained investor confidence in the cryptocurrency market. Advertisements Interestingly, Ethereum inflows almost doubled the positive flows into Bitcoin, marking a notable paradigm shift. Crypto Inflows Reached $1.3 Billion Last Week The latest CoinShares […]

The SEC has postponed its decision on approving options trading for Ethereum exchange-traded funds (ETFs). Advertisements The regulator has extended its review period by 60 days, setting April 9 as the new deadline. SEC Delays Ethereum ETF Options Approval for the Third Time On February 7, the SEC announced another delay in determining whether Ethereum […]

Approximately $3.12 billion worth of Bitcoin (BTC) and Ethereum (ETH) options expire today. With the pioneer crypto still below $100,000 this week, will its billion-dollar-plus notional value expiry push the price higher?  Advertisements Market watchers are particularly attentive to this event due to its potential to influence short-term trends through the volume of contracts and […]

Cboe has submitted a 19b-4 filing to the SEC to approve the listing and trading of options on spot Ethereum ETFs. The exchange is requesting expedited approval for this rule adjustment.  Advertisements The filing specifies that Ethereum fund options will be traded similarly to other fund share options on the platform. Cboe Targets Ethereum ETF […]