Ethereum (ETH)

CoinspeakerAuthorities Investigate Ethereum Foundation, SEC Seeks to Classify ETH as Security According to the latest reports by Fortune, the SEC seeks to classify ETH as a security. Authorities Investigate Ethereum Foundation, SEC Seeks to Classify ETH as Security

CoinspeakerStarknet Updates Roadmap to Launch Parallel Execution in Q2 2024 Starknet is now the sixth-largest Layer-2 network by Total Value Locked (TVL) with $1.4 billion. Starknet Updates Roadmap to Launch Parallel Execution in Q2 2024

CoinspeakerCrypto-Friendly Neobank Meld to Launch Tokenized RWAs for Retail Investors Meld is going to create tokenized financial products to offer retail investors the opportunity to lend and borrow digital assets against the RWAs.  Crypto-Friendly Neobank Meld to Launch Tokenized RWAs for Retail Investors

Asset management firm Fidelity wants traders of its proposed spot Ethereum exchange-traded fund (ETF) to be able to stake their assets upon the product’s approval. The financial giant included the request in an amendment of its November 17 application to launch a spot Ethereum ETF in the United States. Fidelity Includes Staking in ETF Proposal Per a 19b-4 amendment filed with the United States Securities and Exchange Commission (SEC) on March 18, Fidelity intends to stake a...

Analysts at the Bitfinex crypto exchange say that alternative cryptocurrencies (altcoins) have remained resilient amid Bitcoin’s (BTC) approximately 12.5% correction in the past week. According to the latest Bitfinex Alpha report, the altcoin market’s resilience is demonstrated in the Total3 index, which reached a new cycle-high market capitalization of $788 billion on March 14. Although the index has fallen by 14% due to the broader market correction, its plunge is less than...

TL;DR Cardano’s ADA surpassed Bitcoin (BTC) and Ethereum (ETH) in one key metric. Despite a recent 20% price drop, analysts predict a bullish future for ADA, including a potential “parabolic” spike to $10. According to IntoTheBlock, Cardano’s ADA is currently the top cryptocurrency by development activity. It also enjoys the highest amount of weekly engagements. Leading cryptocurrencies, such as Ethereum (ETH) and Bitcoin (BTC), were placed second and fifth, respectively....

Ethereum staking could present challenges for crypto asset manager Grayscale if the SEC greenlights fund conversion for ETHE as it did for GBTC. These are the findings of BitMEX research, which added that if the SEC does not allow staking, then there will be large outflows from the firm’s ETHE fund, larger than those from its Bitcoin ETF. “All the more reason to redeem from ETHE as soon as you can,” it advised. Staking Allowed in ETFs? Moreover, if Grayscale lowers the fee...

CoinspeakerCardano (ADA) Leads Ethereum (ETH) in Developer Activity The volume of GitHub commits indicates that Cardano is leading not only Ethereum but also other major layer-1 blockchain networks. Cardano (ADA) Leads Ethereum (ETH) in Developer Activity

Ethereum price started a downside correction from the $4,100 resistance against the US Dollar. ETH price is now trading below $3,750 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $3,640 on the 4-hour chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $3,650 resistance zone. Ethereum price is declining below $3,550 against the US Dollar. ETH/USD remains at a risk of...

Investments in digital asset products clocked in a massive surge in weekly inflows, reaching a total of $2.9 billion. According to the latest data compiled by CoinShares, the inflows surpassed the previous week’s record of $2.7 billion, propelling year-to-date investments to $13.2 billion, significantly exceeding the total inflows for the entire year of 2021, which stood at $10.6 billion. Mixed Bag for Global Regions Trading volumes for the week remained steady at $43...