Bitwise Files for Spot Ethereum ETF With SEC, Highlights Detailed Correlation Analysis

Bitwise Files for Spot Ethereum ETF With SEC, Highlights Detailed Correlation AnalysisBitwise Asset Management has filed with the U.S. Securities and Exchange Commission (SEC) for a spot ethereum exchange-traded fund (ETF), a move aimed at providing investors with regulated exposure to ether without direct ownership of the cryptocurrency. Bitwise Aims for SEC Approval With Spot Ethereum ETF, Backed by Correlation Data Bitwise’s proposed ETF, conducted in […]

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Unlocking Crypto History: 2,000 ETH From Ethereum’s Genesis Days Suddenly Moved

Unlocking Crypto History: 2,000 ETH From Ethereum's Genesis Days Suddenly MovedIn recent weeks, Bitcoin.com News has chronicled the significant number of dormant bitcoin addresses that have sprung to life in March after years, if not a decade, of inactivity. Similarly, we’ve observed a resurgence of activity from older ethereum addresses. This Saturday highlighted a noteworthy event: an individual who took part in the Ethereum initial […]

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Ripple CEO Expects SEC to Lose Against Ethereum, Mirroring XRP Lawsuit Outcome

Ripple CEO Expects SEC to Lose Against Ethereum, Mirroring XRP Lawsuit OutcomeRipple’s chief executive believes the U.S. Securities and Exchange Commission (SEC) will be unsuccessful in classifying ether as a security, similar to how the agency lost its legal battle, for the most part, against XRP. Noting that the SEC has been “losing badly in courts” against crypto firms, the Ripple CEO stated: “At what point […]

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Meme Token Frenzy Drives up Ethereum Fees, Testing Network’s Scalability

Meme Token Frenzy Drives up Ethereum Fees, Testing Network's ScalabilityAmid a significant uptick in ERC20 tokens, especially meme coins, the expense of conducting transactions on Ethereum has notably increased, pushing the average fee to $22.19 for each operation. Further data indicates that executing a swap on a decentralized exchange (dex) platform could incur a cost of $66. Transfers and Dex Swaps Costlier as Ethereum […]

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Vitalik Buterin’s ENS Address Trades $100K Worth of ETH for Stablecoins Amid Market Uptick

Vitalik Buterin's ENS Address Trades $100K Worth of ETH for Stablecoins Amid Market UptickAccording to blockchain analytics, the Ethereum Name Service (ENS) domain “vitalik.eth” has engaged in a transaction of $100,000 worth of ether, converting it into an equal amount of stablecoins on the Base blockchain. The address, purportedly belonging to Ethereum’s co-founder Vitalik Buterin, currently possesses 955.58 ether, estimated at $3.64 million. ‘Vitalik.eth’ Wallet Makes Strategic $100K […]

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Grayscale Research Identifies Dencun Upgrade as ‘Coming of Age’ Event for Ethereum

Grayscale Research Signals Dencun Upgrade As "Coming of Age" Event for EthereumGrayscale Research’s latest report explains that Ethereum is poised to take advantage of several tailwinds with its upcoming Dencun upgrade. Grayscale analyst Will Ogden states that, while Ethereum is facing increased competition from other chains like Solana, Dencun’s modularity focus will help it “come of age,” lowering transaction fees for rollups and opening the doors […]

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Ethereum Taps $3,000 Barrier Amid ETF Speculation and Upcoming Dencun Upgrade

Ethereum Taps $3,000 Barrier Amid ETF Speculation and Upcoming Dencun UpgradeThe value of ethereum, the crypto market’s second-largest asset by market cap, eclipsed the $3,000 milestone on Tuesday, peaking at $3,014 per unit in the morning trading hours. Over the last week, ether has seen a 13.1% climb against the U.S. dollar, and over the preceding two weeks, it has surged 28%. Ether Hits Two-Year […]

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