Wednesday , December 18 2024
Home / Ethereum (ETH) (page 32)

Ethereum (ETH)

Memereum Presale Surges with Nearly 28 Million Tokens Sold Following SEC Approval of Ethereum ETFs

[PRESS RELEASE – Monaco City, Monaco, July 31st, 2024] The presale of Memereum has seen significant growth, with nearly 28 million tokens sold. This increase follows the SEC’s approval of the first spot Ethereum ETFs on July 23, which has contributed to enhanced liquidity flows and heightened interest in Memereum. Factors Driving Memereum’s Popularity One of the key drivers behind the growing interest in Memereum is the recent introduction of a new dashboard by the Memereum...

Read More »

BlackRock Solana ETF Not Happening Anytime Soon, CIO Confirms

BlackRock has confirmed it has no plans to launch a Solana (SOL) ETF anytime soon, despite the roaring success of its Bitcoin and Ethereum spot ETFs launched this year. The company’s dismissal of small-cap altcoins leaves room for other asset managers to compete in this area, with some already filing to launch the product. BlackRock’s Take On A Solana ETF During a Tuesday interview with Bloomberg, BlackRock CIO Samara Cohen said a BlackRock Solana ETF launch is “not in the...

Read More »

21Shares Integrates Chainlink Proof of Reserve to Boost Transparency of Ethereum Reserves

21Shares – which is part of 21Shares AG – has announced the integration of Chainlink Proof of Reserve on the Ethereum mainnet. It improves the transparency of the Ethereum reserves backing the 21Shares Core Ethereum ETF (CETH), which is physically backed by Ether and tracks its performance. The Zurich-based financial institution said that the latest move aligns with its broader goals to expand its US product lineup and strengthen its presence in the US market. Boosting...

Read More »

Ethereum Price Analysis: ETH Drops to $3.3K but is More Pain Imminent?

Ethereum’s price is currently trapped inside a significant tight range, bounded by the 100-day moving average of $3364 and the 200-day moving average of $3212. A breakout from this range will determine its upcoming trajectory. By Shayan The Daily Chart A close examination of Ethereum’s daily chart reveals that following a rejection near the crucial $3.5K resistance region, the price has plummeted to a substantial support zone. This critical support includes the 200-day...

Read More »

Spot Ethereum ETFs Boost Trading Volumes to $14.8 Billion, Highest Since May

The debut of spot Ethereum ETFs in the United States resulted in some of the highest inflows since December 2020 over the last week. According to CoinShares, the newly launched funds attracted $2.2 billion last week. Since then, the trading volume of Ethereum ETPs has also surged by 542%. However, the inflows have been hampered by Grayscale’s existing $1.5 billion Ethereum trust, which resulted in ETH experiencing a net outflow of $285 million for the week. This mirrors the...

Read More »

Pepe Unchained Hits $6M in Presale for Layer 2 Meme Coin Blockchain Plans

In a crypto market filled with useless meme coins, one project aims to be different. Pepe Unchained (PEPU) has now raised over $6 million in its presale phase. And investors are excited to see if its Layer-2 network could shake up the meme coin sector for good. Pepe Unchained – The Meme Coin Building Its Own Layer-2 Network Pepe Unchained isn’t your average meme coin. While it has the popular Pepe the Frog theme, it also packs some serious tech. The developers aim to create...

Read More »

DOP Launches on Polygon PoS to Enhance Data Ownership in Web3

[PRESS RELEASE – Tokyo, Japan, July 29th, 2024] DOP, the Data Ownership Protocol has announced its upcoming deployment on Polygon PoS. This move aims to enhance interoperability and efficiency, giving users greater control over their personal information on the Polygon network through selective transparency. “The integration of DOP into the Polygon ecosystem underscores the need to bring selective transparency to a wider audience”, DOP expressed in a blog post. “Our attention...

Read More »