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Tag Archives: Ethereum News

Coinbase Derivatives Exchange to Roll Out Bitcoin and Ethereum Futures Trading on June 5

Coinbase Derivatives Exchange will start trading BTC and ETH perpetual futures on June 5, 2023, for non-US institutional clients only. Leading American crypto exchange Coinbase has announced its plans to introduce futures contracts for Bitcoin (BTC) and Ether (ETH) in its newly launched derivative marketplace regulated by the Commodity Futures Trading Commission (CFTC). The new venture, Coinbase Derivatives Exchange, officially debuted last month in Bermuda following approval from the...

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Bitcoin Jesus Roger Ver: Ethereum, Not Bitcoin, Will Drive Global Crypto Adoption

Considering the kind of projects that the Ethereum blockchain hosts, and the kind of services it offers, Roger Ver believes that Ethereum will be able to drive major user adoption. Roger Ver, also popular as Bitcoin Jesus for being an early BTC advocate, recently gave a statement that it will be Ethereum, and not Bitcoin, responsible for driving a bulk of new users towards cryptocurrencies. While speaking at the Show Me The Crypto podcast on Tuesday, May 31, Roger Ver said that despite...

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BRC-721E Standard to Bridge Gap between Ethereum NFTs and Bitcoin Ordinals

As the NFT landscape continues to evolve, the integration of Ethereum and Bitcoin ecosystems through the BRC-721E standard paves the way for further innovation and expansion that can even attract more mainstream innovators into the Web 3.0 world. The recent introduction of Bitcoin (BTC) Ordinals and the unveiling of the BRC-721E protocol is aimed at bridging the gap between Bitcoin and Ethereum (ETH), particularly in the field of Non-Fungible Tokens (NFTs). According to reports, the...

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VanEck: ETH Price Can Hit $11.8K with up to $51K in Revenue by 2030

VanEck analysts have explained in detail why ETH price could rise above $11K by 2030, with revenue of more than $50 billion. According to a VanEck report, the Ethereum (ETH) price could hit $11.8K by 2030. The global investment manager exposited its ETH price predictions earlier in the month. On May 9th, VanEck’s Digital Assets Research Head, Matthew Sigel, and Digital Assets Senior Investment Analyst Patrick Bush made the bold claims. The duo provided a detailed valuation methodology...

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Former CFTC Commissioner: Ethereum Has Dual Regulatory Potential as Commodity and Security

Dan Berkowitz, a former commissioner of the CFTC and former general counsel at the SEC, hinted that it is possible to categorize Ethereum as both a commodity and a security. As cryptocurrencies grow more popular, there is a rising need for clarity about their legal status, as many people see them differently based on the regulatory provisions within their jurisdiction. In what seems like an addition to the ongoing talks about the regulatory status of Ethereum, Dan Berkovitz, a former...

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Coinbase Unveils New Wallet as a Service on Ethereum

WaaS (Wallet as a Service) reportedly employs cutting-edge multi-party computing (MPC) technology to safeguard the private keys of its users. Coinbase has announced that it released and launched a new Web3 wallet solution dubbed “Wallet as a Service” (WaaS) on the Ethereum mainnet. The new service, a version of the crypto firm’s cloud product, went live on May 23 and utilizes a multi-party computation (MPC), according to a Twitter announcement from a software developer at the company. The...

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Societe Generale Subsidiary SG-Forge Launches Euro-Pegged Stablecoin on Ethereum

SG-Forge CEO stated that the EUR CoinVertible smart contract was audited by the professional services network PwC before launch. Societe Generale-Forge (SG-Forge), a regulated subsidiary of the French banking firm Societe Generale, on April 20 announced the launch of EUR CoinVertible, a euro-pegged stablecoin. The Ethereum-based stablecoin will trade under the ticker EURCV and will be available to qualified institutional investors. Investors will have to go through SG-Forge’s Know Your...

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Ether (ETH) Price Shoots 11-Month High despite Over 1M Withdrawals

Ethereum has delivered an extremely strong performance by gaining more than 10% since the Shapella upgrade. Ether (ETH) has successfully delivered a very strong performance shooting past $2,100 levels and hitting a new 11-month high. As of press time, ETH is trading at $2,087.83 with a market cap of $249 billion. This strong price performance comes despite more than 1 million ETH being withdrawn from the Ethereum Beacon Chain just within the first four days of the Shanghai hardfork...

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Ethereum Breaches $2,100 Following Shapella Upgrade

Gemini co-founder Cameron Winklevoss commented on the upgrade, calling it “an incredible milestone” for Ethereum.  Ethereum has breached the $2,000 barrier on the heels of the Shapella upgrade, the first major network upgrade since 2022’s Merge. The second-largest cryptocurrency is currently trading at $2,114, up 6.71% on the day and 13.96% over 7 days, outperforming Bitcoin which is up 2% over the past 24 hours and is now changing hands at $30,839. The Shapella upgrade, a portmanteau...

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Binance Announces Support for ETH Staking Withdrawals

Withdrawals will go live on April 19 and stakers will be allowed to redeem their coins. Binance has revealed its plans to allow the withdrawal of staked Ether (ETH) through its exchange platform.  The exchange made the announcement following the successful completion of Ethereum’s highly-anticipated Shanghai upgrade on Thursday. According to the announcement, withdrawals will go live on April 19 and stakers will be allowed to redeem coins with their BETH holdings on a 1:1 basis. The...

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