Ethereum Sees Surge In Active Addresses Amid Anticipation Of ETH ETFs Launch

Ethereum recently experienced its largest spike in active $ETH addresses in three months, with the total number reaching 617,170. This surge comes amid growing anticipation of Ethereum Exchange-Traded Funds (ETFs). #Ethereum just saw its largest spike in active $ETH addresses in three months, reaching a total of 617,170 active #ETH addresses. pic.twitter.com/CSqBOnQhEr — Ali (@ali_charts) June 22, 2024 Bloomberg ETF analyst Eric Balchunas has reported that numerous amended ETH ETF S-1 filings are expected today. The SEC will then review these filings to notify issuers of any final changes and their effectiveness, with July 2nd being considered a potential launch

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Bloomberg Analyst Doubles Down on July 2 Spot Ether ETF Launch Date Amidst Surge in S-1 Filings

Bloomberg Analyst Doubles Down on July 2 Spot Ether ETF Launch Date Amidst Surge in S-1 FilingsBloomberg’s senior ETF analyst has reaffirmed his prediction of a July 2 launch date for U.S. spot ethereum exchange-traded funds (ETFs) after observing a surge in amended S-1 (registration statement) filings on Friday. U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has indicated that spot ether ETFs will launch this summer, pending the SEC’s […]

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Grayscale Highlights Risks of ETH Staking Restrictions in Latest SEC Disclosure

Grayscale Highlights Risks of ETH Staking Restrictions in Latest SEC DisclosureAccording to supplemental disclosures in Grayscale’s Ethereum Trust 8-K report, submitted to the U.S. Securities and Exchange Commission (SEC) on June 20, the trust’s inability to utilize its ethereum for staking services places its shares at a “comparative disadvantage.” Grayscale: Ethereum Trust Strategy Could be Impacted by Staking Limitations While multiple exchange-traded fund (ETF) issuers […]

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Volatile Bitcoin Movement Causes $118M in Crypto Liquidations

On Thursday, bitcoin (BTC) peaked at $66,455 per coin around 7 a.m. EDT but dropped to approximately $64,516 by noon. The volatile movements resulted in $118.82 million in liquidations across the crypto economy, with long positions accounting for $61 million of that total. Bitcoin’s Rapid Rise and Fall Triggers Major Liquidations in Crypto Economy Bitcoin […]

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Ethereum Surges Over 4% As SEC Closes Investigation Into Ethereum 2.0

Ethereum has risen by over 4% today, reclaiming the $3,500 mark, following significant news from the SEC. According to on-chain reports, after @Consensys announced on X (formerly Twitter) that the SEC had closed its investigation into Ethereum 2.0, a whale purchased an additional 5,603 $ETH, valued at $19.6 million. This whale has been actively accumulating Ethereum, having withdrawn a total of 16,604 $ETH (approximately $59 million) from Binance at an average price of $3,600 since May 30. The recent purchase underscores a growing confidence among large investors in the future of Ethereum. After @Consensys posted that the #SEC had closed

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Bitwise Investments Updates Ethereum ETF Filing, Reveals $2.5M Seed Interest

Bitwise Investments, a prominent cryptocurrency asset management firm that offers diverse investment products and services focused on digital assets, has updated its ether-based exchange-traded fund (ETF) S-1 filing with the U.S. Securities and Exchange Commission (SEC), revealing $2.5 million in seed investment interest. Bitwise’s Ether ETF Filing With SEC Highlights Pantera’s Interest As the spot […]

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SEC Closes Ethereum 2.0 Investigation

Byte-sized news on the latest topics relating to crypto and technology.Consensys has announced that the U.S. Securities and Exchange Commission (SEC) has decided to close its investigation into Ethereum 2.0. This decision implies that the SEC will not allege that sales of ETH are securities transactions. The announcement follows a request from Consensys to the SEC to affirm that the approval of ETH exchange-traded funds […]

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