It appears that Ethereum might be losing its “deflation dream” after seeing its longest inflationary spell since transitioning to PoS model.
Gary Gensler, SEC Chair, talked about the approval of spot Ethereum (ETH) exchange-traded funds (ETFs) on Tuesday, June 25, stating that the approval process is “going smoothly” while being hesitant to reveal a timeline for the approval.
The upcoming listing of spot Ethereum ETFs in the United States has spurred speculation on similar bullish sentiment to Bitcoin’s earlier this year.
Andrew Kang said that there will be less demand for ETH ETFs since Ether (ETH) attracts lesser institutional interest than Bitcoin (BTC).
Standard Chartered Bank, one of the leading global financial institutions headquartered in the United Kingdom, is preparing to enter the crypto trading market with the launch of a dedicated platform for spot traders.
Kraken’s lawyer, Matthew Solomon, challenged the SEC’s approach of treating the exchange as a unified “ecosystem” with all tokens as investment contracts. He stressed the fair, consistent application of regulations to crypto assets.
With Ethereum exchange-traded funds (ETFs) expected to hit the market this year, Bitwise, a leading crypto asset manager, has begun advertising these upcoming investment products in anticipation of their official debut.
Crypto analyst Josh Olszewicz believes the recent price action positions Solana for further losses.
ConsenSys has confirmed its plans to continue its lawsuit against the SEC as founder Joseph Lubin reiterates the need for regulatory clarity.
Bitwise Invest CEO hinted a major announcement likely about its spot Ether ETF which could launch before July 4th.
The US SEC has toned down its Ethereum regulatory crackdown ahead of the November elections that have significantly focused on crypto voters.
In a revised S-1 form filed with the SEC, Bitwise revealed new details about its Ethereum ETF, including a $2.5 million seed investment.
HashKey Global, a cryptocurrency exchange launched by Hong Kong’s HashKey Group for international customers, has entered the futures market with the launch of Bitcoin (BTC) and Ethereum (ETH) perpetual contracts.
This is the first time Ethereum scaling solutions have recorded such high TPS since the launch of the network in July 2015.
CrediBULL Crypto says that if Bitcoin price were to reach $100,000 in the near time, than Ethereum too would catch up rallying at least a 3x from the current levels.