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Ethereum (ETH) News

cryptocurrency April 5, 2024

JPMorgan has projected a confident stance regarding the US Securities and Exchange Commission’s (SEC) eventual green light for spot Ethereum exchange-traded funds (ETFs). Advertisements Despite earlier this year giving a no more than 50% chance for approval by May, optimism persists within the firm. Ethereum ETF Approval Odds Improve Nikolaos Panigirtzoglou, managing director and global […]

cryptocurrency April 4, 2024

VanEck, a leading investment management firm, has projected a monumental $1 trillion valuation for Ethereum’s Layer-2 (L2) networks by 2030. Advertisements This bold forecast highlights the significant role L2 solutions play in scaling the Ethereum network, addressing its core scalability challenges. How Ethereum Layer-2s Can Collectively Achieve $1 Trillion Valuation? According to CoinMarketCap data, the […]

cryptocurrency April 3, 2024

Leading cryptocurrency exchange, Coinbase has released a new report delving into the restaking trends in Ethereum. The report, authored by analysts David Han and David Duong, explores how restaking could reshape validator incentives, potentially unlocking new opportunities and introducing complex risks. Advertisements Coinbase analysts explain why restaking has emerged as a major theme within the […]

cryptocurrency April 2, 2024

As blockchain technology progresses, the appearance of Layer 3 (L3) has triggered an extensive conversation among industry experts and developers alike. Vitalik Buterin, the co-founder of Ethereum, has recently joined the ongoing discussions. Advertisements Vitalik Buterin took to X (Twitter) to share an old article titled “What kind of layer 3s make sense?”. He originally […]

cryptocurrency March 31, 2024

According to Bitwise’s Chief Investment Officer, Matt Hougan, the Securities and Exchange Commission (SEC) is considering a delay in approving highly anticipated Ethereum exchange-traded funds (ETFs). Advertisements This development comes on the heels of Bitwise Asset Management’s intention to list a spot Ethereum ETF. Potential Ethereum ETF Approval Delay Bitwise launched its spot Bitcoin ETF, […]

cryptocurrency March 29, 2024

Ethereum co-founder Vitalik Buterin sheds light on the potential societal benefits of meme coins, addressing the cryptocurrency community’s mixed feelings towards this unique asset class. Advertisements His insights come at a time when the crypto market is grappling with the implications of meme coins, from Dogecoin’s rise in 2015 to the controversy surrounding recent Solana […]

cryptocurrency March 29, 2024

Vitalik Buterin sheds light on how the Dencun hard fork improved the blockchain’s scaling and efficiency. Advertisements Indeed, proto-danksharding marks a significant shift, reducing transaction fees for rollups by a staggering factor of over 100. According to Ethereum’s co-founder, this development paves the way for a more scalable, cost-efficient ecosystem. It addresses long-standing concerns about […]

cryptocurrency March 27, 2024

Fidelity, with its $4.5 trillion in assets under management, has formally submitted an S-1 form to the US Securities and Exchange Commission (SEC), unveiling plans for a spot Ethereum exchange-traded fund (ETF) that intriguingly includes staking. Advertisements This move follows the early-year approval of the first spot Bitcoin ETF in the US, where Fidelity emerged […]

cryptocurrency March 26, 2024

The Commodity Futures Trading Commission (CFTC) has designated Ethereum (ETH) and Litecoin (LTC) as commodities, setting a precedent in the regulatory oversight of cryptocurrencies. Advertisements This clarification came as part of the CFTC’s civil enforcement action against the cryptocurrency exchange KuCoin, which faces accusations of conducting illegal off-exchange commodity transactions without proper registration. Ethereum and […]

cryptocurrency March 26, 2024

The speculation surrounding the approval of a spot Ethereum exchange-traded fund (ETF) by the US Securities and Exchange Commission (SEC) has captured the attention of industry watchers. Advertisements Among them, Bloomberg’s Senior ETF Analyst Eric Balchunas offered a grim outlook, suggesting only a 25% chance of approval. 25% Chance of Ethereum ETF Approval Balchunas, who […]