Ethereum Watch

Asset management giant Bitwise recently launched a groundbreaking advertisement campaign for Ethereum (ETH). The 39-second advertisement emphasizes Ethereum’s unique capabilities compared to traditional finance. Advertisements The ad, featuring Michael Tacconi as Ethereum and Jamie Kaler as Big Finance, humorously showcases Ethereum’s 24/7 accessibility. Bitwise Campaign Mints TV Ad as NFT to Support Developers The ad […]

Bitwise Asset Management has revealed significant updates in its S-1 registration form for the company’s Ethereum (ETH) exchange-traded fund (ETF). Advertisements These disclosures come as Bitwise and other major asset managers await the US Securities and Exchange Commission’s (SEC) approval to list and trade these products. Bitwise Details ETF Shares and Pantera’s Interest In its […]

Ethereum’s value surged beyond $3,500 following the conclusion of the US Securities and Exchange Commission’s (SEC) prolonged investigation. Advertisements Previously, there were looming doubts about Ethereum potentially being classified as an unregistered security. This uncertainty had been a significant concern for investors, affecting the asset’s market performance. However, the investigation’s closure has now reinstated investor […]

A prominent Ethereum whale with the wallet address 0xf07 has offloaded $35.4 million worth of Ethereum (ETH) over the last two days. This transaction comes at a critical time when Ethereum’s price has sharply declined, falling below the $3,500 mark. Advertisements Meanwhile, many other long-term holders have started reducing their Ethereum exposure. Ethereum Whales Decrease […]

The Ethereum ecosystem recently saw an unprecedented surge in transactions per second (TPS). According to L2beat data, on June 16, Ethereum’s scaling networks, including both layer-2 (L2) and layer-3 (L3) solutions, achieved a combined 245.87 TPS. This figure translates to approximately 21.2 million transactions in a single day. Advertisements Interestingly, this surge was driven by […]

Bloomberg senior ETF analyst Eric Balchunas has forecasted that spot Ethereum exchange-traded funds (ETFs) might start trading as early as next month. Advertisements Balchunas revised his previous estimate, moving the potential launch date from July 4 to July 2. Why Ethereum ETFs Could Begin Trading in July According to Eric Balchunas, the US Securities and […]

US Securities and Exchange Commission (SEC) Chair Gary Gensler announced that spot Ethereum exchange-traded funds (ETFs) will likely launch this summer. Advertisements He made this statement during a budget hearing with the Senate Appropriations Committee on Thursday, June 13. Ethereum ETFs Almost Ready to Trade Gensler highlighted that the final approval process for these ETFs […]

Readers will find today’s analysis of Ethereum (ETH) interesting. On June 11, about 542,000 ETH moved out of exchanges— the largest outflow of the year. Advertisements However, the trend did not take long to change, prompting speculation that the potential increase to $4,000 may be delayed. Ethereum Opens the Floor for Bears According to data […]

Metamask has launched pooled staking to enable ETH holders to stake in validators operated by Consensys regardless of the amount of Ethereum they hold. Advertisements The launch will empower more people to be rewarded for securing the Ethereum network. Pooled Staking On Metamask Available For Some Users The leading self-custodial wallet for over 100 million […]

Industrial and Commercial Bank of China (ICBC), the largest Chinese bank, recently published a report highlighting Bitcoin (BTC) and Ethereum’s (ETH) potential. Notably, the report refers to Ethereum as “digital oil,” emphasizing its role in the digital economy. Advertisements This endorsement by such a prominent financial institution highlights Ethereum’s growing importance and potential for future […]