Focus on the ecosystem surrounding Ethereum, the second‑largest network by market cap. Get insights into network upgrades, smart‑contract innovations, DeFi and NFT trends, staking developments and other Ethereum news today.
October CPI Figures released by the Labor Department show that inflation is slowing in the US, even though rate hikes may not be over.
Last month, Hayes made a similar forecast, noting that Bitcoin could reach from $750,000 to $1 million towards the end of the current decade.
With strong confidence that its Bitcoin spot ETF will be approved by January 2024, BlackRock has filed an application for a spot ETH ETF.
ETH price surge is not only attributed to BlackRock’s move but is also complemented by a resurgence in Ethereum network activity.
While Bitcoin price teased $38k for the first time this year, Ethereum price spiked over 10 percent to trade above $2,120.
ETH may now be useful for those looking to hold on to the crypto asset as a store of value.
The Swiss banking industry has been incredibly receptive to crypto with many local banks adding cryptocurrency services to their offerings.
This shift denotes a substantial evolution for the project, moving it to a standalone Cosmos-based blockchain after previously relying on Ethereum Layer 2 scaling solution StarkEx.
Polygon Labs called the launch of the Polygon token a major milestone on the Polygon 2.0 journey toward building the Value Layer of the Internet.
Hashdex’s proposed ETF stands out from existing cryptocurrency-related ETFs due to its unique approach, which is the purchase of physical Bitcoin.
BlackRock’s iShares Bitcoin Trust gets listed on the Depository Trust & Clearing Corporation (DTCC), however, analyst predict all approvals to happen at once.
Initially submitted on October 2, 2023, the proposal aims to convert the Grayscale Ethereum Trust, the largest Ethereum investment vehicle globally, into an ETF.
While Standard Chartered gives a bullish outlook on Ethereum, JPMorgan Chase analysts ask to maintain caution amid declining Ethereum network activity.
Amid the macro developments and geopolitical tensions, Bitcoin has continued to outperform the rest of the crypto market.
The reason for the surprise was that the average sale price for CrypToadz is typically under $1,000, making the sudden hundredfold increase in value in a short period of time seem questionable to experts.