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Stories published on May 10
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  • Stories published on May 10

Friday, May 10

00

Crypto Biz: SEC targets Robinhood, Grayscale’s Ethereum ETFs, and more

cointelegraph.com

This week’s Crypto Biz features Robinhood’s Wells notice, Grayscale’s Ether ETF application, Coincheck’s merger deal and Block’s billionaire debt offering.

23

Bitcoin Clinging On To $60K, Ethereum, Dogecoin Bleed: 'Bitcoin's Final Move Will Be The Most Aggressive,' Predicts Trader

www.benzinga.com

Cryptocurrency markets are struggling to hold on, with Bitcoin clinging to the $60,000 mark. The struggle comes amid various underlying factors like falling consumer sentiment, missing economist forecasts and a looming $2 billion of token…

22

Solana fees to surpass Ethereum, trader loses over $1M due to hard fork: Finance Redefined

cointelegraph.com

Is Solana living up to its so-called “Ethereum-killer” status? And one trader was left over $1 million poorer due to a hard fork.

16

Dogecoin Leaps Past Ethereum In Robinhood's Q1 User Holdings: 'Users Love Memes,' Crypto VC Points Out

www.benzinga.com

Dragonfly partner Omar Kanji highlighted on social media Robinhood‘s (NASDAQ:HOOD) affinity for meme coins, pointing to its balance sheet, which includes users owning Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE…

13

Ethereum 'speculatory divergence' sees ETH price cling to $3K support

cointelegraph.com

ETH price action currently focuses on a key line in the sand for Ethereum short-term holders.

07

Ethereum L2 Eclipse CEO steps down amid sexual misconduct claims

cointelegraph.com

Eclipse founder and CEO Neel Somani said he would “work to clear my name and defend myself” and will move away from a public-facing role at the firm.

05

Bitcoin, Ethereum, Dogecoin Surge After Jobless Claims Data Boosts Risk-On Sentiment: Analyst Wonders If Apex Crypto Is Undergoing 'Deepest Pullback' In This Cycle

www.benzinga.com

Leading cryptocurrencies surged late on Thursday as the latest jobless claims data fueled hopes of rate cuts among risk-on investors.

Thursday, May 9

00

Coinbase sees infinite interoperability potential with Ethereum and USDC

cointelegraph.com

Coinbase head of tokenization Anthony Bassili described plans for its Base network at TokenizeThis 2024 in Miami.

23

Bitcoin, Ethereum, Dogecoin A Mixed Bag As Trader Points Out The 'Key To A Future Price Reversal'

www.benzinga.com

Cryptocurrency markets are trying to push higher on Donald Trump embracing crypto donations for his election campaign, and Market Vector launching the Meme Coin Index.

18

Cryptocurrency Ethereum Classic Falls More Than 5% In 24 hours

www.benzinga.com

Over the past 24 hours, Ethereum Classic's (CRYPTO: ETC) price has fallen 5.83% to $27.1. This is opposite to its positive trend over the past week where it has experienced a 5.0% gain, moving from $25.7 to its current price.

17

SEC doesn’t want Ethereum to transform banking landscape, says Joseph Lubin

cointelegraph.com

Ethereum co-founder Joseph Lubin says the SEC is engaging in strategic enforcement action instead of meaningful discourse with the cryptocurrency industry.

16

Ethereum Falls Below $3,000 Following Jobless Claims Data; Pendle Becomes Top Loser

www.benzinga.com

Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices falling below the key $61,000 level on Thursday.

07

This Ethereum Killer Is Defying Gravity Amid Downturn In Major Crypto Prices — Are We Getting Ready For A 'Parabolic Bull Run?'

www.benzinga.com

Cardano (CRYPTO: ADA), the tenth-largest cryptocurrency by market cap, defied the broader market downturn to post impressive gains in the 24-hour timeframe.

05

Bitcoin, Ethereum, Dogecoin Continue To Slip: Analyst Says King Crypto Network Fundamentals Indicate 300% Upside, Could Top Between $250K-$275K

www.benzinga.com

Leading cryptocurrencies saw a decline on Wednesday, extending the run of losses that started as the week began.

Wednesday, May 8

23

Bitcoin, Ethereum, Dogecoin Trade Sideways, Trader Asks: 'Does It Matter If You Buy Bitcoin At $62,000 Or $58,000'?

www.benzinga.com

Cryptocurrency markets could not push into the green, as Bitcoin (CRYPTO: BTC) spot ETF outflows resumed on Tuesday.

20

Ethereum Proposal by Vitalik Buterin Introduces Advanced Account Abstraction Features

news.bitcoin.com

A new Ethereum Improvement Proposal, EIP 7702, spearheaded by Vitalik Buterin and fellow collaborators, aims to refine account abstraction on the Ethereum network, enhancing quantum resistance and compatibility with existing standards. EIP…

19

Grayscale Withdraws Ethereum ETF Proposal Amid Skepticism Over SEC Approval

news.bitcoin.com

Grayscale has retracted its application to list its ethereum trust, known as ETHE, as detailed in a filing with the U.S. Securities and Exchange Commission. James Seyffart, a Bloomberg analyst specializing in exchange-traded funds (ETF),…

16

Is Ethereum 'This Cycle's Basket Case'? 10x Research Points Out ETH's 'Only Bull Story'

www.benzinga.com

A new report characterizes Ethereum (CRYPTO: ETH) as this cycle’s underperformer in the cryptocurrency market, with ongoing challenges that are impacting its valuation and adoption.

14

Solana could flip Ethereum in transaction fees within a week: Report

cointelegraph.com

The potential flip could further cement Solana’s status as an “Ethereum-killer,” which has been questioned due to the recent network outages.

13

Exploring Ethereum: How to Invest in Digital Currencies Safely

manometcurrent.com

Ethereum stands as a beacon in cryptocurrencies. Unlike its predecessor, Bitcoin, it offers a unique platform that processes transactions and supports complex contracts and programs. As a prominent player in digital currencies, it offers…