Monochrome Asset Management has announced the launch of the Monochrome Ethereum ETF (IETH), marking Australia’s first exchange-traded fund (ETF) that provides direct access to ethereum. Trading under the ticker ‘IETH’ on Cboe Australia, the ETF will be available on most Australian brokerage platforms, allowing local investors to gain exposure to ethereum through a direct-holding structure….
An analyst has explained how Ethereum could see a run toward the $6,000 level if this historical pattern continues to hold for the asset’s price. Ethereum Ascending Channel Could Reveal Its Next Destination In a new post on X, analyst Ali Martinez has discussed a pattern that the 1-week price of Ethereum has potentially been…
Ethereum (ETH) seems to have recovered from its recent descent to the sub $2,400 level. The asset is up by 2.7% in the daily charts, 6.9% in the weekly charts, and more than 7% over the previous week. ETH’s price is also up by nearly 67% since October 2023. Despite the rally, the second-largest cryptocurrency…
Ethereum co-founder Vitalik Buterin has shared his thoughts on the future of the blockchain, highlighting key improvements aimed at making the network faster, more secure, and accessible to more users. He said that while 2022’s transition from proof-of-work (PoW) to proof-of-stake (PoS) has been largely successful, some areas of the network still needed improvement. Faster…
Este artículo también está disponible en español. In an October 14 announcement, Malta-based Samara Asset Group revealed plans to increase its Bitcoin (BTC) holdings through proceeds from a $32.8 million bond issuance. Samara Targets 1,000 Bitcoin Milestone Publicly-listed asset management firm Samara announced it had mandated investment bank Pareto Securities as a sole manager to…
Este artículo también está disponible en español. Ethereum price started a fresh increase above the $2,500 resistance. ETH is up over 5% and might continue to rise if it clears the $2,650 resistance. Ethereum started a fresh increase above the $2,500 and $2,550 resistance levels. The price is trading above $2,550 and the 100-hourly Simple…
October 15, 2024 at 06:00 AM GST updated: October 13, 2024 at 11:08 PM 3 mins read Press Release As cryptos attempt to shrug off the bear’s effects, many investors wonder if Litecoin price is ready for a bull run. The Litecoin price trajectory remains in a period of consolidation as it continues to trade…
Blackrock CEO Larry Fink has emphasized bitcoin’s growing legitimacy as an investment, calling it an alternative to commodities like gold. “We believe bitcoin is an asset class in itself,” said the CEO of the world’s largest asset manager. Fink downplayed regulatory changes, arguing broader acceptance and liquidity will drive market expansion. With the firm’s bitcoin…
Ethereum co-founder Vitalik Buterin recently shared his insight into the protocol’s “the Merge” mechanism. His insight clarifies how the blockchain plans to achieve better functionalities moving forward Vitalik Buterin’s proposition aims to improve Ethereum’s Proof-of-Stake system despite its stability over the past two years. It will also enhance the chain’s overall performance. Improving Staking and Achieving Single-Slot…
With just over 20 days until the US presidential election, the race is heading into its decisive phase, and the stakes are high for the crypto industry. Over the past few days, prediction markets have flipped, placing higher odds on Republican and pro-crypto advocate Donald Trump securing a win compared to his Democratic competitor, Vice…
$407M inflows driven by U.S. politics, reversing previous outflows. Bitcoin leads with $419M inflows; short-Bitcoin products face outflows. Global crypto funds managed by asset giants such as BlackRock, Bitwise, Fidelity, Grayscale, and ProShares experienced net inflows of $407 million last week, according to CoinShares. This marked a sharp reversal from $147 million in outflows the…
CrossFi, a Layer 1 payments network has announced the launch of its mainnet that is compatible with EVM. CrossFi’s decentralized web3 payment ecosystem is powered by the CrossFi blockchain. Businesses may now utilize CrossFi’s core products and execute payments for routine transactions thanks to the mainnet’s launch. CrossFi’s Layer 1 network offers a scalable framework for cryptocurrency payments. By using a…
Vitalik Buterin, the co-founder of Ethereum, has recently sold over $2 million in meme coins, continuing his trend of using the proceeds for charitable donations. In just 24 hours, he made significant sales, totaling 908.77 ETH, which is around $2.24 million. This includes selling 10 billion Moodeng tokens and 200,000 MSTR2100 tokens, among others. Buterin’s…
Este artículo también está disponible en español. Crypto investors are not keen on dealing with cryptocurrency trading platforms, which has resulted in the dwindling exchange reserves of Bitcoin and Ethereum. Centralized exchanges on Bitcoin and Ethereum hit a historic low after investors and crypto enthusiasts opted for self-custody solutions for their virtual assets. Related Reading Staying…
Crypto-related investment products saw inflows of around $407 million, according to CoinShares’ latest weekly report. CoinShares head of research James Butterfill said the strong inflows are likely driven more by political developments, particularly the upcoming US elections, rather than changes in monetary policy. According to Butterfill: “This trend is evident in the fact that stronger-than-expected economic data…
This change will help in enhancing the user experience of layer-1 as well as based rollups. The demand for improvement to maintain an overall balance is highly focused by the co-founder. As of now, it takes 15 minutes to finalize which will be further reduced to 12 seconds only. It would further be reduced to…
Ethereum co-founder Vitalik Buterin sold 651.6 ETH worth of meme coins, which is approximately $1.62 million, in line with his commitment to charitable donations. The tokens sold include significant amounts such as 10 billion MOODENG for 395.95 ETH ($982K), 200K MSTR for 93.23 ETH ($231K), and 500 million EBULL for 73.79 ETH ($183K), as per…
The beginning of the fresh weekly trade has flipped the market sentiments, which were buried under a strong bearish influence. The Ethereum price has also flipped from the interim support and at each dip, the second-largest token has been offering a good buying opportunity. Presently, the price has surged above $2500 and although the upper…
In the midst of a more optimistic crypto market, both bitcoin and ethereum have enjoyed steady growth, climbing by 3.13% and 3.61%, respectively, over the past week. Additionally, several other digital currencies experienced even more significant increases, with spx6900 (SPX) stealing the spotlight by skyrocketing 107.2%, making it the standout performer of the week. Crypto…
Solana is predicted to hit $180 in October after the asset recorded a 30-day surge of 11.64% with a weekly gain of 4%. Five main factors – Solana meme coins rally, potential Donal Trump’s re-election impact, historical performance in October, bullish technical indicator, and on-chain activities have been tipped to cause this upsurge. Solana (SOL)…
As of Oct. 14, 2024, ethereum’s price is $2,541, with a total market cap reaching $305 billion. In the last 24 hours, ETH has swung between $2,436 and $2,555, supported by a trading volume of $14.31 billion. Despite this activity, technical indicators hint at continued bearish momentum, with key support levels under pressure. Ethereum On…
Recently, Ethereum co-creator Vitalik Buterin dumped $1.6 million in memecoins to Ether and donated them to charity. Tokens that were part of this latest sale include Moo Deng (MOODENG), which sold for $982,800 among others. It also had coins like Monsterra (MSTR), which sold for $231,000 and Ethereum Is Good (EBULL), which sold for $183,000. This sale…
October 14, 2024 at 03:00 PM GST updated: October 13, 2024 at 10:32 PM 3 mins read Press Release In the crypto arena, new projects that could outshine their older counterparts often emerge. According to analysts, Lunex Network (LNEX) is one such project. This presale sensation reached phase three in just a few short days,…
Monochrome launches the world’s first Ethereum ETF on Cboe Australia. IETH offers in-kind redemption for Ethereum, enhancing flexibility for investors. Monochrome Asset Management is poised to make history with the launch of the world’s first Ethereum exchange-traded fund (ETF) on Cboe Australia. Furthermore, the company’s Ethereum ETF, known as the Monochrome Ethereum ETF (IETH), is…
Ethereum co-founder Vitalik Buterin recently outlined ways to improve the blockchain’s proof-of-stake (PoS) system despite its existing strengths in decentralization and stability. In a post on Oct. 14, Buterin discussed potential upgrades that could enhance transaction speeds, boost security, and make staking more accessible for solo participants. Enhancing Ethereum performance One of Buterin’s primary goals…
Ethereum, in the last 24 hours surpassed $2.5K for the first time since October 1. The altcoin’s daily trading volume surged 35.69% as per CMC data. Another week begins with investors still holding strong to their optimism. The community awaits the anticipated bull runs, while the price charts depict modest gains. In the last 24…
Este artículo también está disponible en español. Zaheer Ebtikar, the Chief Investment Officer (CIO) and founder of Split Capital—a hedge fund specializing in liquid token investments—has attributed the Ethereum underperformance over the last months to strategic missteps by the Ethereum Foundation and structural shifts in crypto capital flows. In an analysis shared via X (formerly…
October 14, 2024 at 11:10 AM GST updated: October 14, 2024 at 09:34 AM 2 mins read News A $20M fund aims to accelerate Web3 startups using the Move language, focusing on DeFi, GameFi, and interoperability solutions. Movement Labs, Gate Ventures, and Boon Ventures are driving innovation by bridging Move-based protocols with Ethereum ecosystems. The…
Arkham Intelligence is gearing up to launch its own crypto derivatives exchange next month, as reported by Bloomberg News on October 11. This announcement has sparked a notable 12% increase in the value of its native token, ARKM, which has been on the rise alongside the broader market recovery. Currently, ARKM is trading at $1.51,…
Ethereum (ETH) is experiencing a period of consolidation and over the last day, there hasn’t been major movement in its price. Ethereum’s price movements are also likely to align with Bitcoin’s trends. According to analyst Josh of Crypto World, ETH is facing resistance between $2,440 and $2,475, based on previous support and resistance levels. For…
Este artículo también está disponible en español. Ethereum price started a steady increase above the $2,450 resistance. ETH is holding gains and might gain bullish momentum above $2,520. Ethereum started a steady increase above the $2,420 and $2,450 resistance levels. The price is trading above $2,440 and the 100-hourly Simple Moving Average. There is a…
October 14, 2024 at 02:45 AM GST updated: October 13, 2024 at 07:46 PM 3 mins read News Turtle Club’s Phantom Liquidity Layer democratizes liquidity access, providing fair and transparent solutions for DeFi protocols and liquidity providers. The platform realigns incentives, ensuring sustainable liquidity and reducing the reliance on large LPs and venture capitalists. Turtle…
Amid the launch of Unichain, there are speculations that Vitalik Buterin, the founder of Ethereum, is not a fan. Stake With Pride on X has dug out an old post by the Ethereum co-founder in which he criticized the idea behind Unichain. Buterin claimed that Uniswap’s value proposition is easy trading, so a rollup from…
Buterin made 257.1 ETH, or almost $636,000, from the sale of several meme coins. Recently, Buterin praised the charitable contributions of two meme coin projects. According to blockchain statistics, Vitalik Buterin—co-founder of Ethereum—has made 257.1 ETH, or almost $636,000, from the sale of several meme coins. Given the recent gifts of meme coins, which caused…
The crypto space can’t seem to calm down after a well-known whale, who previously showed a lot of activity in both Ethereum (ETH) and Binance Coin (BNB), returned. On his return, he backed a new ICO—IntelMarkets (INTL). This rising star is now in its third presale phase, which has been amazing. It has raised over…
There were voices wondering whether the initiative was watering down its decentralized stance. Scroll co-founder said that the move was an effort to broaden the project’s reach. The recent listing of the Ethereum layer-2 project Scroll on the centralized crypto exchange Binance has sparked a discussion over centralization within the crypto community. Although some saw…
Coinbase’s Layer-2 blockchain, Base, has recorded a major milestone in its bid to surpass Arbitrum. Both operate on the same Ethereum blockchain, but Base’s performance has made it stand out. Will Base Flip Arbitrum? An IntoTheBlock’s X post hints that Base’s Total Value Locked (TVL) might soon replace Arbitrum as the largest Ethereum Layer-2. TVL…
The filing states that the agency’s ruling deadline has been extended from Oct 19 to Dec 3. Cboe requested permission to offer options in August in their filing with the SEC. According to a filing made on October 11th, the US Securities and Exchange Commission (SEC) has once again delayed. Deciding on whether or not…
October 13, 2024 at 12:05 PM GST 2 mins read News A whale with $181M in profits on Bitcoin just added 200 BTC, showing confidence despite recent price swings. Bitcoin faces key resistance at $63,285, but bullish MACD signals could push momentum upward in the near term. BlackRock shifts focus, selling 182 BTC and buying…
This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, author Gaz critiques Vitalik Buterin’s recent actions, while explaining the advancements in Ethereum scaling solutions like roll-ups, particularly focusing on “based roll-ups.” From Token…
NEIRO’s entry into the top 100 cryptos coincides with a time of market volatility, with over 29 million tokens accumulated by whales. A potential 50% surge lies within, based on a bullish EMA crossover and technical breakout. NEIRO’s Position Among Top Gainers Amid Market Volatility NEIRO has been a performer this past week despite broader…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms…
ETC Group, a Bitwise-owned London-based fund issuer, examined the possibility of Solana and Aptos becoming the next Ethereum in its latest newsletter. Their analysts revealed that while these two chains have grown and enjoyed momentum, Ethereum is still the overall leader according to ETC Group’s Network Dominance Index. ETC Group Analysts Reinforce Ethereum Market Dominance…
The global crypto market rebounded 2.5% following the stronger-than-expected CPI data. Bitcoin climbed to the $63K zone, catalyzing rallies in various altcoins. Currently, it is trading at around $62,848. After a week marked by mixed sentiments, the cryptocurrency market has bounced back positively, particularly following the release of the Consumer Price Index (CPI) data for…
October 12, 2024 at 09:00 PM GST updated: October 12, 2024 at 02:45 PM 4 mins read Press Release Ethereum (ETH) prices are on the rise, and Polygon’s recent token change is drawing more eyes. As the market gears up for the next crypto bull run, fresh projects with big potential are outperforming old favorites….
The world’s crypto market cap inched 0.48% higher to $2.14 trillion on October 11, while trading volume was 4.50% higher. Bitcoin continued to trade flat at around $60K even after witnessing outflows from the fund. On the other hand, WIF and Popcat led the pack of altcoin gains. At the same time, the Fear &…
Ethereum currently trades at $2,463.82 with a 2.13% daily increase. A $Neiro trader missed a 16,690x potential return after selling early. Ethereum is currently trading at $2,463.82, marking a 2.13% increase over the past day. Despite this upward momentum, trading volumes decreased by 16.84%, reflecting a drop to $12.53 billion. Ethereum’s market cap now sits…
October 12, 2024 at 05:00 PM GST updated: October 11, 2024 at 08:59 PM 3 mins read Press Release Lunex Network’s privacy-oriented approach has attracted some Monero fans to sell their XMR for LNEX’s ERC-20 tokens. As Lunex Network draws attention for its security and efficiency, Optimism holders regain confidence as OP makes significant moves….
October 12, 2024 at 10:30 AM GST updated: October 12, 2024 at 12:55 AM 2 mins read News Ethereum powers decentralized apps and smart contracts, fueling DeFi innovation. Optimism enhances Ethereum by reducing transaction costs and boosting network speed. Compound offers decentralized lending, allowing users to earn interest or borrow without banks. Arkham Intelligence has…
October 12, 2024 at 08:50 AM GST updated: October 11, 2024 at 11:27 PM 2 mins read News Ethereum may drop to $2085, testing critical support levels in the near term. A Triple Bottom fractal signals potential recovery after the expected dip. A significant rally may follow the downturn so traders should be patient. According…