VanEck, StoneX analysts peg Ether price upside at $12K to $22K
The Ethereum network could generate $66 billion in free cash flow from transaction fees by 2030, VanEck estimates. Go to Source
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State Regulator Warns of Crypto Fraud After Investor Loses $750K
The Washington State financial regulator has issued a warning about potential cryptocurrency fraud involving a mining platform and wallet. A Washington investor was scammed out of over $750,000 after investing. Despite the investment supposedly growing to $1.4 million, the investor faced continuous demands for taxes and fees. Washington Investor Scammed Over $750,000 in Crypto Mining … Read more
Based Rollups pitched as fix to Ethereum incentives amid L2 fee debate
Some commentators note that Based Rollups align incentives between Ethereum layer 2 and its base layer validators, which could result in deflationary issuance again. Go to Source
Standard Chartered Launches Bitcoin and Ethereum Custody in UAE
Standard Chartered has launched a digital asset custody service in the United Arab Emirates (UAE), licensed by the Dubai Financial Services Authority. The service aims to provide secure storage for digital assets, initially focusing on bitcoin and ethereum. Brevan Howard Digital is the first client, and the bank plans further expansion into additional digital assets. … Read more
Ether Faces Growing Investor Unease As ETH Deposits Surge
Ether holders are feeling increased pressure as recent market activity reveals. In the past week, a significant 312,183 ETH, valued at approximately $751 million, has been moved to exchanges. This move suggests rising uncertainty among investors about the future of Ethereum. Ether holders are facing increased pressure. In the past week alone, 312,183 $ETH (worth … Read more
SEC Warns of Bitcoin and Ether ETF Risks — Labels BTC, ETH Highly Speculative Investments
The U.S. Securities and Exchange Commission (SEC) has issued a bulletin warning about the risks of bitcoin and ether exchange-traded funds (ETFs), highlighting their speculative nature. The regulator urged investors to consider potential issues like price volatility, fraud, and lack of regulatory oversight. SEC Warns Investors About Risks in Bitcoin and Ether ETPs The U.S. … Read more
Ether poised for price breakout after summer slump in crypto markets
Ether whale interest is slowly re-emerging after the summer illiquidity, as technical chart patterns point to an imminent price reversal. Go to Source
Vaneck Reveals Plans to Close Ethereum Futures ETF
On Sept. 6, Vaneck announced its decision to close and liquidate the Vaneck Ethereum Strategy exchange-traded fund (EFUT). The liquidation comes after evaluating key factors, including performance and investor interest. The firm noted that shareholders will have until September 16, 2024, to sell their shares before delisting. Vaneck to Wind Down Ethereum Futures ETF According … Read more
VanEck to shutter Ethereum futures ETF
Spot Ethereum ETFs are stealing the show and killing demand for futures-based crypto ETFs. Go to Source
Ethereum Approaches Key Support As Whale Activity Signals Potential Market Shift
Ethereum’s price is approaching a long-term support level, with a potential bounce from the $2.2k mark offering a bullish outlook. However, recent whale activity suggests caution may be warranted. Just 30 minutes ago, a whale or institutional address, inactive for the past 15 months, transferred all 10,281 ETH (worth approximately $24.7 million) to Coinbase, possibly … Read more