Bookmarking Crypto Insights
Auto Added by WPeMatico
In a significant development, Grayscale has reportedly commissioned Flow Traders to sell 5,812 ETH, valued at approximately $21.75 million. This move is speculated to be for covering the management fees of the Ethereum Trust Fund. Grayscale imposes a 2.5% annual management fee on the Ethereum Trust (ETHE). With the current holdings standing at 2.97 million … Read more
Ethereum price strengthens in its ETH and BTC pair as investors await spot ETH ETF to start Go to Source
The Zkasino team announced on May 28 that it had initiated a two-step bridge back process, allowing users to retrieve their ethereum tokens. Users have between May 28 and May 31 to bridge back their funds, after which the signup process will be closed, and deposits will be halted. Rug Pull Allegations The team behind … Read more
While liquid staking protocols experienced a brief period of withdrawals, the past 12 days have seen liquid staking derivatives (LSDs) platforms gain 110,000 ether valued at $417.59 million. Swell Experiences Decline as Lido and Others See ETH Increases In the realm of decentralized finance (defi), liquid staking derivatives (LSDs) have finally recorded positive deposits after … Read more
With the spot ETH ETFs approved, traders are confident that Ethereum price is ready to rally well above $4,000. Go to Source
A permit phishing attack appears to have siphoned 1,807 liquid staked Ether from the victim’s wallet address. Go to Source
Growing altcoin market cap and a decline in Bitcoin dominance have spurred renewed hopes for altseason. Go to Source
ETH has come within $70 of the psychological $4,000 price level during early trading on May 27. Go to Source
Consensys has lauded the U.S. Securities and Exchange Commission’s approval of 19b-4 filings for spot ether exchange-traded funds as “a step in the right direction.” However, the software firm expressed its disapproval of what it calls the securities regulator’s “deliberate regulatory abuse” in its handling of ethereum. The SEC’s Inconsistent Approach to Digital Assets The … Read more
VanEck launched a new ad centered around Ethereum, just 30 minutes after the SEC greenlit 19b-4 proposals for spot Ether ETFs. Go to Source