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Ethereum (ETH)

Ethereum L2 Eclipse CEO Steps Back Amid Sexual Misconduct Allegations

Neel Somani, the founder and CEO of the Ethereum layer 2 blockchain project Eclipse, has announced a temporary reduction in his role following allegations of sexual misconduct. In a statement posted on May 9th, Somani addressed the accusations, asserting his innocence while acknowledging the seriousness of the situation. Somani Denies Sexual Misconduct Allegations The allegations against Somani surfaced on Twitter in the past week, prompting his swift response. He denied...

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Bitcoin: Preisprognosen sind mit Vorsicht zu geniessen

Der Bitcoin-Kurs hat in den letzten Jahren eine Achterbahnfahrt erlebt, mit steilen Anstiegen und ebenso tiefen Abstürzen. Infolge dieser Volatilität sind zahlreiche Prognosen zum zukünftigen Preis des Bitcoins entstanden. Während einige Analysten glauben, dass der Bitcoin die Marke von 100’000 US-Dollar oder sogar noch mehr erreichen wird, sind andere vorsichtiger und prognostizieren einen Rückgang auf deutlich tiefere Niveaus. Es ist wichtig zu...

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This is Why Ethereum is No Longer a Deflationary Network: CryptoQuant

Over the years, analysts and developers have touted Ethereum as a deflationary network, presenting the blockchain as ultrasound, aligning with Bitcoin’s sound money principle. However, that seems to have changed with the network’s latest upgrade. CryptoQuant analysts revealed in the firm’s latest weekly report that Ethereum ceased to be a deflationary network after the Dencun upgrade, implemented in March, which reduced the blockchain’s transaction fees by a substantial...

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Franklin Templeton: Ethereum L2 Base Commands 46% of SociaFi Transactions

CoinspeakerFranklin Templeton: Ethereum L2 Base Commands 46% of SociaFi Transactions Besides the rising activity on SociaFi, Franklin Templeton also attributed the rise in activity on Base to meme coins and an increase in the supply of Circle’s USDC stablecoin on the network. Franklin Templeton: Ethereum L2 Base Commands 46% of SociaFi Transactions

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JPMorgan: SEC’s Wells Notice to Robinhood Won’t Obstruct Approval of Spot Ethereum ETFs

CoinspeakerJPMorgan: SEC’s Wells Notice to Robinhood Won’t Obstruct Approval of Spot Ethereum ETFs The JPMorgan analysts believe the US SEC will establish a middle ground between security and commodity for Ethereum, thus leading to imminent approval of spot ETFs. JPMorgan: SEC’s Wells Notice to Robinhood Won’t Obstruct Approval of Spot Ethereum ETFs

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SimpleSwap Exchange Marks Six Years of Evolution in the Cryptocurrency Sector

[PRESS RELEASE – George Town, Cayman Islands, May 9th, 2024] Since its creation in 2018, SimpleSwap has been committed to providing its customers with straightforward, swift, and secure cryptocurrency exchange services. Celebrating its six-year anniversary in the market, this platform takes pride in its achievements and the changes it has undergone during this time. SimpleSwap’s Growth Over the course of six years, SimpleSwap has made significant steps in its development. Its...

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Grayscale’s Ether Futures ETF Application Pulled, Reason Not Disclosed

A proposal to list and trade shares of prominent asset manager Grayscale’s Ether futures exchange-traded fund (ETF) has been withdrawn, as per a new document filed on Tuesday. The filing by the US Securities and Exchange Commission (SEC) revealed that the application for the Grayscale Ethereum Futures Trust ETF, filed by NYSE Arca, Inc. in September last year, was withdrawn on May 3. Previously, the agency had delayed consideration of Grayscale’s ether futures ETF, with the...

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