Ethereum (ETH)

Rostin Benham – Chairman of the Commodities and Futures Trading Commission (CFTC) – says that an Illinois court has formally ruled both Bitcoin (BTC) and Ethereum (ETH) to be commodities, all but settling the CFTC’s crypto turf war with its sister agency. “In its decision, the court re-affirmed that both Bitcoin and Ether are commodities under the Commodity Exchange Act,” said Benham in prepared remarks during a U.S. Senate committee hearing on Wednesday. Ethereum A...

Pepe Unchained is the talk of the meme coin market right now. This new project has raised over $3 million in presale funding thanks to its ambitious layer-2 plans. And with Pepe Unchained (PEPU)’s momentum showing no signs of slowing, investors are eyeing its potential to surge after it debuts later this year. Meme Coins Get an Infrastructure Upgrade with Pepe Unchained’s Layer-2 Pepe Unchained isn’t just another meme coin. It’s aiming to shake up the entire crypto...

Wallets linked to the CoinStats exploiter recently moved almost $1 million in Ether into the controversial crypto mixing protocol Tornado Cash. The latest development comes less than a week after the leading crypt tracker said that investigations are underway. Tornado Cash Inflow Blockchain security firm CertiK flagged that two wallets associated with the CoinStats exploit in June transferred 311 ETH, valued at approximately $959,000, to Tornado Cash. One wallet moved 211...

Ethereum 2.0 staking has seen significant growth, and a major milestone has been reached. As such, the deposit contract for staking Ethereum on the Beacon Chain reached an all-time high of 47.36 million ETH this week. Interestingly, this accounts for 33.9% of the entire Ethereum supply. ETH2 Staking Milestone According to the data shared by the crypto analytic platform Santiment, this is a dramatic increase from two years ago when it held only 10.9% of the supply, effectively...

[PRESS RELEASE – San Francisco, United States / California, July 10th, 2024] Revolutionizing Multi-Blockchain Coordination with Seamless User Interactions Agoric, a layer 1 blockchain designed for chain abstraction, has today announced the roll-out of its Orchestration API. With this new toolset, developers can create next-gen Web3 applications that seamlessly coordinate digital assets and services across multiple blockchain ecosystems. As a result, users can now benefit from...

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Investing in the cryptocurrency market offers unique opportunities to transform small investments into substantial returns. With strategic choices and a bit of market insight, it is possible to turn a $2,000 investment into $20,000. Two cryptocurrencies currently generating significant buzz and potential for such high returns are Polygon (MATIC) and Mpeppe (MPEPE). Here’s how investors can capitalize on these opportunities to achieve impressive gains. Polygon (MATIC)’s Potential for...

Bloomberg ETF analyst Eric Balchunas predicted on X that July 18 would be the “best guess” for the spot Ethereum ETF launch. This comes after the Securities Exchange Commission (SEC) issued S-1 amendments, which required companies to amend their registration statements and submit their applications. Balchunas Notes Minimal Changes in Latest Filing In the latest series of amendments filed by asset managers regarding spot Ethereum ETFs, Eric Balchunas described the changes as...

TL;DR Ethereum briefly fell below $3,000 but has since recovered, with bullish predictions targeting prices up to $8,000. Optimism is partly driven by the potential launch of spot ETH ETFs in the US, expected by some industry participants as early as mid-July. The Next Target The cryptocurrency market decline witnessed at the end of last week and the start of the new one has negatively affected Ethereum’s (ETH) price, which briefly tumbled below the $3,000 mark. In the past...

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