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Tag Archives: Ether

Ethereum Is Commodity, Says CFTC Chair

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,...

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Ethereum Investors on the Rise; Number of Addresses Holding more than 1 ETH Up by 20% in a Year

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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