VanEck advisor Gabor Gurbacs has expressed his backing for Bitcoin as a reserve asset plan. The investment strategist explained, in a post on X, that the United States Dollar has no better alternative, adding that “countries with depreciating fiat currencies” should consider venturing into Bitcoin as a reserve currency rather ...
Lido Finance, a popular liquidity platform, has achieved a significant milestone in the crypto world as it crossed 1 million active network validators. The platform announced this notable feat on Monday, April 29, sharing a chart from Dune Analytics revealing data supporting its claims. Liquidity platforms like LIDO make staking ...
Bitcoin has recovered from its recent dip to the $55,000 support level; according to Coin Market Cap data, it now trades at around $64,800. Also, in tandem with Bitcoin, the price of Ether (ETH) dipped to $2862 in the last few days but has recovered with a quick spike, reaching ...
In a dramatic turn of events, a crypto whale recently executed a multimillion-dollar sell-off of Ethereum (ETH) to settle debt, only to incur a massive loss in the process. As per the on-chain analytics platform LookOnChain, the whale liquidated a substantial 10,701 ETH, valued at over $33 million, on Tuesday ...
The Ethereum network has surpassed a significant milestone, with over one million network validators now active and more than 32 million ETH, valued at $114 billion, currently staked in the market. While this surge in validators may initially seem like a positive sign for network security, members of the Ethereum ...
Google's search engine now incorporates Ethereum Name Service (ENS) data, sourced from Etherscan, directly into its search results. Brantly Millegan, a former ENS core development member, pointed this out in an X post shared on March 22, 2024. Millegan's post showcased a screenshot of a Google search displaying his ENS ...
Top Ripple executives have once again criticized the United States Securities and Exchange Commission (SEC) for its lack of clarity in regulating digital assets, particularly in light of the uncertainty surrounding the agency's stance on approving an Ethereum ETF. On March 22, Ripple Labs Chief Executive Officer (CEO) Brad Garlinghouse ...
Franklin Templeton submitted an S-1 form to the U.S. Securities and Exchange Commission (SEC) on Monday, February 11, 2024, signalling its intent to issue an Ethereum exchange-traded product (ETF) to investors in the country. The proposed ETF aims to closely track the price movements of Ethereum's native token, Ether (ETH). ...
The United States Securities and Exchange Commission (SEC) has opened the floor for public input on a proposed rule change that would greenlight the listing and trading of shares for the Invesco Galaxy Ethereum ETF on the Cboe BZX Exchange. In a notice published on Tuesday, February 7, the agency ...
Bitcoin and Ethereum are the two most prominent cryptocurrencies today. Historically, Ether's value has moved in tandem with Bitcoin's, following suit when Bitcoin rises or falls. However, this relationship appears to be changing. A closer look at recent price trends shows that Bitcoin experienced a remarkable 60% surge in 2023. ...
