Tag Archives: ETH

Ethereum (ETH) has emerged as the top performer in the top ten crypto-list gaining over 14% and moving past $1,500 for the first time since the Merge event.On Tuesday, October 25, the broader crypto market made a sharp rally surging past more than 5% and above the $1 trillion market cap. As of the press time, the broader cryptocurrency market is up 7% with a combined market cap of $995 billion.The world’s largest cryptocurrency Bitcoin (BTC) has also gained 7% and is currently trading at...

Behnam made this remark while speaking at the Regulating Financial Innovation event on October 24, where he added that he thinks Gary Gensler, chair of the SEC, thinks otherwise or at least hasn’t certainly declared one or the other.Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam has reaffirmed that Ethereum, the second-biggest cryptocurrency in the crypto market, is a commodity.Behnam made this remark while speaking at the Regulating Financial Innovation event on October 24,...

The CFTC has been working closely with the SEC to help provide crystal clear cryptocurrency regulations.The cryptocurrency market is getting shaped by global geopolitics. In the United States, the Commodity Futures Trading Commission (CFTC), under Chair Rostin Behnam, has been at the forefront of cryptocurrency industry regulations. However, it has been regarded as a friendlier regulator than the Securities and Exchange Commission (SEC).During a panel discussion hosted by law firm Lowenstein...

Ethereum price is gaining pace above the $1,300 level against the US Dollar. ETH price is now trading above $1,320 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1,320 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it clears the $1,370 resistance zone. Ethereum price is rising above the $1,320 level against the US Dollar. ETH/USD could rise further if it clears the...

The Ripple team believes the Hinman documents will reveal the SEC’s double-handedness in dealing with the case.The world’s richest man Elon Musk has seemingly thrown his weight behind Ripple as a new development in the Ripple-SEC case proves the blockchain company is one step closer to victory.After Ripple’s counsel, Stuart Alderoty confirmed the receipt of the long-awaited Hinman documents, Ripple CEO Brad Garlinghouse took to Twitter to express his disappointment. After Garlinghouse’s...

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Ethereum’s native token, Ether (ETH), has dipped by more than 60% year-over-year, trading below $1,300 last week. Nevertheless, the plunge has not discouraged crypto investors from buying the token. According to data presented by CryptoPresales.com, the number of unique addresses holding more than one ETH has jumped by 20% year-over-year, reaching 1.58 million last week. Investors with 1 ETH Increase Exposure, Small Investors Lose Ground The crypto analytics platform, Glassnode, showed...

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