With the launch of the spot Ethereum ETF trading approval in view, Ethereum price has started kicking off.
Grayscale has kept the distribution process of the ETH Trust shares pretty straightforward for all the existing ETHE shareholders. The ETHE shareholders won’t need to initiate any extra action to receive the ETH trust shares.
$28.86 million Ether shorts and $29.61 million ETH longs were liquidated in the past 24 hours.
Golem’s ETH liquidations have the potential to significantly impact the market.
Ethereum is also facing major selling pressure. The cryptocurrency is trading around $2,830 zone.
Through this film, members of the crypto community get to learn about the blockchain through the eyes of the people “most committed to keeping it vibrant and infinitely evolving”.
The major goal of EIP-7732 is to reduce the computational load on validators by keeping the consensus and execution layers separate. This would ultimately help in increasing the Ethereum blockchain network efficiency and speed.
The Ethereum Foundation has disclosed that it has been able to regain control of the compromised email address.
When spot Ethereum ETFs eventually hit the market, Ethereum price, per various analysts, might hit another huge milestone that might see it surpass its previous ATH.
The recent ETH transfer is only one of the numerous transactions that the US government has processed in the last few weeks.
Aside from the single slot finality, Ethereum is also working on other solutions to speed up its network, which includes the Rollup Confirmation.
Analysts believe that the receiver might be consolidating its assets ahead of a potential approval by the SEC.
Reth 1.0 improves Remote Procedure Call (RPC) throughput and reduces latency, ensuring quicker transaction processing and smoother data management.
The effect of spot ETH ETFs on the price of Ether would be relatively smaller as compared to the approval of spot Bitcoin ETFs on BTC.
VanEck has revealed that from the outset, its spot Ethereum ETF product will not come with a sponsor fee to beat competition.