Ethereum (ETH)

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The layer-2 ecosystem remains robust with protocols and EVM (Ethereum Virtual Machine) scaling platforms growing rapidly and becoming ubiquitous, contrary to some bearish claims, said Ethereum community member Ryan Berckmans in a post on X on June 26. His comments came in response to a post from Movement Labs founder Rushi Manche, who said, “EVM L2s will go to zero. they mostly all suck compared to SOL.” Berckmans retorted, stating that the L2 ecosystem is still “growing like...

The US Securities and Exchange Commission (SEC) might approve the latest tweaks about the spot Ethereum ETFs by July 4, as discussions between asset managers and regulators reach their final stages. While speaking to several industry insiders, Reuters observed that eight asset managers, including BlackRock, Franklin Templeton, and Grayscale Investments, are closing in on the final stages. Many of these firms launched spot Bitcoin ETFs in January after a decade-long struggle...

After a bearish correction phase, the price has now reached a crucial support zone, defined by the 100-day moving average and the 0.5-0.618 Fibonacci levels. Given the strong demand at this juncture, a mid-term bullish rebound is looking likely. By Shayan The Daily Chart A detailed examination of the daily chart reveals that Ethereum has entered a significant support zone following a corrective pullback. This zone spans the price range between the 0.5 ($3421) and 0.618...

Cryptocurrency-based exchange-traded funds continue to be on the main stage in the US, with the latest filing from VanEck taking into account the fifth-largest digital asset – Solana. Shortly after the news broke, the native token’s price shot up by 7% to $150. Matthew Sigel, the company’s Head of Digital Assets Research, highlighted the development on X. He noted that the firm believes Solana is very similar to Ethereum as it operates as an “open-source blockchain software...

With Bitcoin’s price steadily slipping in recent weeks, a noticeable shift in investor behavior is taking hold. Crypto enthusiasts are seeking havens in projects perceived as more resilient to market fluctuations. Two tokens attracting significant attention in this climate are RCO Finance (RCOF) and Fetch.ai (FET).  The surge in interest in these digital assets begs the question: Can Crypto AI tokens offer the stability investors crave amidst the market slump? Read on to find out!  RCO...

Just when investors thought the meme coin craze had peaked, a new player bursts onto the scene. Pepe Unchained (PEPU) is drawing attention not just for its cheeky name but also for its ambitious plans in the blockchain space. With its presale already hitting the million-dollar mark, could Pepe Unchained be the next big meme coin? Pepe Unchained Revolutionizes Meme Coins with Layer-2 Blockchain Move over, average meme coins – there’s a new token here that’s bringing real...

Ripple chief executive officer Brad Garlinghouse has slammed Gary Gensler, the chairman of the United States Securities and Exchange Commission (SEC), for his recent slander about most crypto executives going to jail. Garlinghouse stated in a tweet that Gensler and his approach to crypto regulation would cause U.S. President Joe Biden to lose the upcoming elections. Gensler on Crypto Execs During an interview with Bloomberg on Tuesday, Gensler spoke about the U.S. crypto...

Ethereum spot ETFs will accumulate over $15 billion in net inflows within their first 18 months of hitting the U.S. market, predicted crypto asset manager Bitwise on Wednesday. The firm’s year-and-a-half-long forecast would roughly match the net haul from Bitcoin ETFs ($14.4 billion) since their launch five months ago – from which excitement has helped drive BTC to new all-time highs. Calculating Ethereum’s ETF Flows Bitwise CIO Matt Hougan based his estimate on Bitcoin’s ETF...

[PRESS RELEASE – Singapore, Singapore, June 25th, 2024] Cega, a leader in DeFi structured investment products, is thrilled to announce the launch of its latest offering—Shark Fin vaults. Cega aims to address a gap in the market for conservative investors and DeFi lenders that want to outperform existing lending rates, while protecting their principal and maintaining a delta-neutral profile. The “Bull Shark” vaults deliver on both these objectives. In addition, Cega supports...