Thu, May 30

BlackRock Pushes Forward with Ethereum ETF Amid SEC Approvals

BlackRock, the world’s largest asset manager, is getting closer to launching its Ethereum ETF, the iShares Ethereum Trust (ETHA). The company recently submitted an amended S-1 registration form to the U.S. Securities and Exchange Commission (SEC), following the regulator’s approval of Form 19b-4 for eight Ethereum ETFs.  The updated S-1

4 hours ago 2 mins read

Vitalik Buterin Highlights Significance of Layer-2 Protocols in Ethereum Ecosystem

Layer-2 protocols are similar to “cultural extensions of the Ethereum” network, as Ethereum co-founder Vitalik Buterin emphasized in a recent blog post. The co-founder of Ethereum began the blog post by explaining the basics of Layer-2 protocols and how they vary from Layer-1 protocols. Buterin thinks that, rather than technological

15 hours ago 2 mins read

Hashdex Withdraws Ethereum ETF Bid After SEC Approves Rivals’ Proposals

Officially, Hashdex is pulling the plug on their planned spot Ethereum ETF. This withdrawal came only one week after eight other issuers’ comparable bids were approved by the U.S SEC. On Tuesday, Nasdaq announced a change in strategy by withdrawing the Hashdex Nasdaq Ethereum ETF. Following the SEC’s approval of

15 hours ago 2 mins read

Ethereum Whale Movements Surge, Approaching ETH Bull Run?

Ethereum whales have drawn market attention with increasing transactions since last week. As the ETH market price has shown significant growth over the last 14 days, the whale movements have instigated an additional optimistic outlook amidst investors. In the Asian morning hours of Wednesday, a particular whale identified with wallet

1 day ago 2 mins read

Ethereum Hovers Near $4,000: How High Can ETH Surge In June?

The altcoin leader, Ethereum (ETH), has witnessed a 20% growth in its portfolio this month, signaling a strong bullish reversal in the cryptocurrency market. As speculation about an impending altseason intensifies, the ETH price continues to hold above a crucial support level. Following the approval of the ETH ETF, Ethereum-based

May 28, 2024 2 mins read

Ethereum Price Surges 25% Last Week, Poised to Break $4,000 Threshold

The Ethereum (ETH) price trend is gaining traction, with an impressive 25% surge last week, propelling the cryptocurrency to the $3,900 level. As speculation mounts about the impending altseason, the ETH price is on the cusp of breaking through the crucial $4,000 resistance this week. Ethereum kicked off the week

May 27, 2024 2 mins read

Ethereum L2 TVL Sees Impressive New ATH Amidst Growing Advancements

The Ethereum ecosystem has witnessed multiple advancements exclusively in the last week. The SEC’s approval of the spot ETH ETF received great interest from the crypto sector worldwide. Ethereum also witnessed a bullish rally which was fueled by the anticipation surrounding ETF approval.  Presently, the total value locked on the

May 27, 2024 2 mins read

Is Parallel EVM the Solution for Ethereum Scaling?

Ethereum’s scaling issue is not a new topic of discussion in the crypto realm; this pioneering smart contract blockchain is notorious for high gas fees due to its limited throughput during periods of high activity. One of the main reasons behind the limited scalability is the sequential nature of Ethereum’s

May 27, 2024 5 mins read

Why Is Vitalik Buterin ‘Excited’ for Ethereum L2 Taiko’s Launch?

Ethereum co-founder Vitalik Buterin proposed the first block of the L2 rollup project Taiko, boosting its preparation for the mainnet launch. Buterin highlighted Taiko’s based-rollup approach as a diverse approach.  In the block, he left a message: “I’m excited to see that Taiko is launching as a based rollup. Ethereum benefits

May 25, 2024 2 mins read

VanEck Celebrates SEC Approval of Ether ETF with Impactful Ad Campaign

VanEck quickly released a 37-second commercial asking viewers to “Enter the ether” in celebration of the approval of its spot Ether exchange-traded fund (ETF). The ad went up on May 23, just after the company’s 19b-4 application for a spot Ether ETF was greenlit by the SEC. Along with other

May 24, 2024 2 mins read