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 a significant development for Hong Kong’s crypto market, the Securities and Futures Commission (SFC) has given the green light to several spot Bitcoin and Ethereum exchange-traded funds (ETFs). This decision marks a milestone in the region’s crypto landscape, paving the way for greater accessibility and legitimacy in digital asset investments. On Monday during the […]

This wee­k’s Ethereum (ETH) market saw a significant occurrence, with large investors, or “whales,” embarke­d on a substantial buying spree despite­ the price expe­riencing a downturn. This counter-intuitive move has sparked as an optimistic indicator for ETH’s future prospects, signalling pote­ntial bullish sentiment from these­ significant players. Two significant wallets e­xhibited notable Ethere­um accumulation. Firstly, […]

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 […]

In an April 3 report, analysts from investment management company VanEck forecasted Ethereum‘s Layer-2 protocols will hit a market capitalization of $1 trillion by 2030. VanEck’s prediction is based on the significant growth and impact of L2 technologies on Ethereum’s performance and scalability. The company’s senior digital assets investment analyst Patrick Bush and digital assets […]

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 […]

Data from a Dune Analytics dashboard created by Hildobby, which tracks Ethereum staking progress, shows that the total number of validators on the Ethereum blockchain reached the one million mark on March 28. These validators have staked over 32 million of Ether, valued at approximately $114 billion based on current market prices. This amount constitutes […]