A letter from Consensys states that the SEC’s approval of spot Ether exchange-traded funds indicated that it had “updated its position to classify ETH as a commodity and not a security,” but not everyone agrees.
Crypto venture capitalist Andrew Kang compared Ethereum (CRYPTO: ETH) to tech stocks and sees parallels between the current price action and that of May 2021.
Ethereum's (CRYPTO: ETH) price has decreased 5.25% over the past 24 hours to $3,299.55, continuing its downward trend over the past week of -6.0%, moving from $3,520.83 to its current price.
Andrew Kang from crypto investment fund Mechanism Capital analyzed the potential impact of Ethereum (CRYPTO: ETH) ETFs, making a case for them underperforming Bitcoin (CRYPTO: BTC) ETFs.
Ethereum’s price stands at $3,311, with a market capitalization of $404 billion. The 24-hour intraday trading range has fluctuated between $3,277 and $3,500, while the 24-hour trade volume has reached $16.82 billion. A technical analysis…
Crypto-related stocks including Coinbase Global (NASDAQ:COIN), MicroStrategy Inc. (NASDAQ:MSTR), Marathon Digital Holdings (NASDAQ:MARA) and others showed subdued reactions to Nate Geraci, president of The ETF Institute, anticipating…
In 2024, Bitcoin transaction fees have stayed relatively low, particularly since the April Bitcoin halving, which reduced the BTC mining reward by half.
Justin Sun, the founder of the Tron (CRYPTO: TRX) blockchain, was seen doubling down on his Ethereum (CRYPTO: ETH) investments as the world's second-largest cryptocurrency dipped lower. &n
Mechanism Capital’s Andrew Kang believes an Ether ETF would provide limited upside for the asset unless Ethereum “develops a compelling pathway to improve its economics.”
Nate Geraci, president of The ETF Institute, anticipates approvals for spot Ethereum (CRYPTO: ETH) ETFs this week, potentially shaking up the cryptocurrency market.
The British multinational banking and financial services firm Standard Chartered is initiating a spot cryptocurrency trading platform for bitcoin and ethereum, Bloomberg sources reveal. Sources Say Standard Chartered Ready to Launch…
Wall Street Looks Set For Modestly Lower Start Ahead Of Key Data, Tech Stocks Muted In Premarket: Analyst Says ‘Bearish Sentiment Has Become Understandably Quiet’
Standard Chartered Plc is reportedly establishing a trading desk for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), according to sources familiar with the matter.
Blockchain-based identity verification project Worldcoin (CRYPTO: WLD) surged sharply Thursday, outstripping the gains of coins with a much higher market cap.
Proceeds from the NFT mints are being paid to Protocol Guild, a collective funding mechanism created by Ethereum core contributors and the ad’s two actors.