Ethereum

House Financial Services Committee Chair Patrick McHenry criticized United States Securities and Exchange Commission (SEC) Chair Gary Gensler on April 30, alleging that Gensler misled Congress about the classification of Ethereum (ETH) during his testimony to the Financial Services Committee last April. McHenry’s allegation comes just a day after unredacted court documents filed by Consensys […]

On April 23, the US Securities and Exchange Commission (SEC) postponed its decisions on the Grayscale and BlackRock applications for spot Ethereum (ETH) exchange-traded funds (ETFs). The SEC issued notices of the delay in the Grayscale decision and the amending of the BlackRock application just hours after postponing its decision on Franklin Templeton’s proposed spot […]

A crypto whale made waves in the Ethereum market by selling a staggering 2,000 ETH for a whopping $6 million in USDC. This transaction occurred just six hours after the value of each ETH was around $2,997. The renowned crypto analytics firm Spot On Chain unveiled the details of this major market movement. They shed […]

Ethereum, a prominent blockchain network, has again come into focus due to delays in implementing EIPs. Interestingly, lead developer Tim Beiko highlighted this delay, drawing a comparison with Canada’s pace in implementing significant tax reforms. This revelation highlights blockchain governance’s complex and often slow-moving nature, contrasting sharply with national policy changes. Ethereum, unironically has a longer […]

In the world of cryptocurrency, particularly Bitcoin, investors and traders are anxiously waiting for signs of another great bull run like those seen before. The Mean Dollar Invested Age is often closely analyzed by analysts who are looking for a key indicator that traces the average time an asset has existed in a particular wallet, […]

The le­gal status of Ethereum, the se­cond most valuable cryptocurrency, has bee­n debated exte­nsively. However, recent circumstances indicate Ethereum may e­vade being dee­med security by the U.S. Se­curities and Exchange Commission (SEC), a classification with significant regulatory implications. This optimistic perspe­ctive arises from a confluence of factors, with a key element being Lido Finance’s decre­asing […]

Ethereum restaking could form the ‘bedrock’ for a wide range of new decentralized applications on the blockchain. However, it could also introduce several new hidden risks, says Coinbase. In a research report released on April 2, analysts David Han and David Duong from Coinbase outlined various risks associated with restaking and issuing liquid restaking tokens […]

BlackRock remains hopeful about an Ethereum exchange-traded fund (ETF) hitting the market, even if regulators classify Ethereum as a security rather than a commodity. Larry Fink, the CEO, voiced this confidence as the Securities and Exchange Commission nears its May deadline to decide on applications from eight issuers seeking approval for such an ETF product. […]

As per the recent SEC filings, Fidelity has made the critical form submission of Form S-1 with the United States Securities and Exchange Commission (SEC) seeking consent to offer a spot Ethereum exchange-traded fund (ETF) with staking features. This registration is Fidelity’s first for the Ethereum ETF product. This was confirmed by Bloomberg analyst James […]