Ethereum (ETH)

Digital asset investment products experienced a cumulative inflow of $176 million in the past week, marking the eighth consecutive week of positive weekly inflows. The share of total cryptocurrency volumes held by Exchange-Traded Products (ETPs) is on the rise, averaging 11%, significantly surpassing the long-term historical average of 3.4%. The latest data suggest that this current percentage is also notably higher than the averages observed during the 2020/21 bull market....

Santander has made this move while most big banks limit their exposure to decentralized blockchains and the cryptocurrencies running on them. Santander Private Banking International has announced plans to allow its high-net-worth Swiss clients a chance to trade crypto assets. The bank will offer these clients a chance to buy, sell, and hold two major cryptocurrencies – Bitcoin (BTC) and Ether (ETH). It also plans to add further cryptocurrencies that meet its criteria. According to the...

Unstoppable Domains is currently facing criticism for allegedly appropriating the open-source advancements of the Ethereum Name Service (ENS) through the filing of a patent named “Resolving Blockchain Domain Names” in January this year. In an open letter, Nick Johnson, the lead developer of ENS, expressed significant concerns about Unstoppable Domains’ patent applications related to blockchain domain names while highlighting ENS’ advocacy for open source, open standards, and...

The crypto space is constantly evolving, with new ideas and projects emerging now and then. The steady growth is attracting more people and, in turn, giving top names in the industry more influence. Crypto tax software firm CoinLedger has compiled a list of the most popular personalities in the digital asset industry using their respective social media followings as a yardstick. The names were obtained from a list of the 30 most influential people in the crypto sector in...

BlackRock’s competition has heightened as Fidelity – a renowned financial giant with $4.5 trillion in assets under management – has filed for a spot Ethereum exchange-traded fund (ETF). Fidelity Goes for Ethereum ETF In a filing submitted to the United States Securities and Exchange Commission (SEC) on November 17, Fidelity outlined its plans to list and trade shares of the Fidelity Ethereum Fund on the Cboe BZX Exchange. According to the Registration Statement, each Share...

Leading U.S. crypto exchange Coinbase has launched a new protocol for on-chain payments. The new open-source Onchain Payment Protocol is an update to Coinbase’s Commerce product. According to a blog post, the new protocol will simplify and standardize on-chain payments for currencies available on Base, Polygon, and other Ethereum Virtual Machine networks, offering volatility-free payments and low transaction fees. Coinbase’s New Protocol for On-Chain Payments Coinbase...

As part of the Stage 2 testnet launch, operators can now register to the network and commence validation for the first App-Verified State (AVS) – EigenDA. EigenLayer, a leading blockchain protocol, has officially launched the Goerli testnet for EigenDA, signaling a significant advancement in its development journey toward the complete EigenLayer vision. The release of Stage 2 follows the successful introduction of restaking on the mainnet Ethereum in June, which saw a robust response from...

With U.S. spot Ethereum (ETH) ETFs now a realistic prospect, some experts are questioning whether their approval will impact the market as much as a Bitcoin (BTC) equivalent. Bitwise – the world’s largest crypto index fund manager – says they won’t be. In conversation with CryptoPotato, the firm’s analyst Juan Leon explained why. Ignorance Of Ethereum According to Leon, while many institutional investors have grown more informed and receptive to BTC as an investment asset,...

Per the S-1 filing submitted to the SEC, the iShares Ethereum Trust is designed to reflect the performance of the Ethereum. BlackRock Inc (NYSE: BLK), a top investment asset management firm, has filed for a spot Ethereum Exchange Traded Fund (ETF) with the United States Securities and Exchange Commission (SEC). This comes only a week after it registered the ETF dubbed iShares Ethereum Trust with Delaware’s Division of Corporations, and almost six months after filing for Bitcoin equivalent,...

[PRESS RELEASE – London, United Kingdom, November 16th, 2023] MetaWin, a trailblazer in the digital competitions arena, today announced the launch of its most ambitious event to date – the MetaWin Millionaire. This groundbreaking competition offers participants a chance to win $1 million in USDC Stablecoin, marking a new epoch in online competitions. A Game-Changing Event in the Blockchain Space MetaWin Millionaire is not just a competition, it’s a revolution in the digital...