Investment Manager Hashdex Withdraws spot Ether ETF Application
Hashdex has reportedly withdrawn its application for a spot Ether exchange-traded fund (ETF), according to documents submitted to the US Securities and Exchange Commission (SEC). Hashdex withdrew its application for a proposed rule change that would have permitted the launch of its Hashdex Nasdaq Ethereum ETF, according to a filing dated May 28. The financial […]
Ethereum Accumulation Addresses Spike as Bulls Target $4,000
New data shows a surge in the number of new Ethereum accumulation addresses as bulls ignite for an upward charge. Ethereum has witnessed a substantial increase in accumulation addresses and other bullish metrics as investors instigate a market upswing. A significant determinant in the surveillance of market sentiment is the number of accumulation addresses, which […]
Taiko Thanks Vitalik Buterin, Ethereum Mainnet Layer 2 Launch
Taiko thanks Vitalik Buterin as it launches on Ethereum mainnet, emphasizing the project’s focus on scalability, security, and community engagement. Officially launching on the Ethereum mainnet, Taiko, a prospective Ethereum Layer 2 protocol, has expressed appreciation to Vitalik Buterin, the founder of Ethereum. Ethereum co-founder Vitalik Buterin’s proposal for the inaugural transaction further emphasized the launch, […]
ETH Price Could Hit $4,500 Before ETF Approval – Arthur Cheong
According to Arthur Cheong, Ether could rally another 15% and hit $4,500 before the first official ETF starts trading on the market. Before the official confirmation of the first spot Ether exchange-traded funds (ETFs), the price of Ether could reach $4,500, according to Arthur Cheong, founder and CEO of crypto-focused investment firm DeFiance Capital. X […]
Vitalik Buterin Proposes Ethereum Layer 2 Taiko’s First Block
Ethereum co-founder Vitalik Buterin was optimistic as he suggested the first block before Taiko’s Layer 2 mainnet debut, showcasing the network’s scalability. Ethereum (ETH) co-founder Vitalik Buterin has put forth the initial block in the preparation of Taiko mainnet. The Layer 2 scaling firm has reached a momentous milestone with this development. Buterin conveyed his high regard […]