Hong Kong SFC Approves Spot Bitcoin and Ethereum ETF
Following approval from the SFC, Hong Kong now has the first spot Bitcoin and Ethereum ETF offerings from four significant financial firms. The Hong Kong Securities and Futures Commission (SFC) has authorized the trading of spot Bitcoin ETFs and spot Ethereum ETFs in the region by the anticipated schedule. This also establishes Hong Kong as […]
Ethereum Whale Acquires 10,309 ETH Amid Dip, Price Rebounds
An Ethereum whale has amassed $70 million in altcoins over the last three days, capitalizing on the ETH price drop. The ETH price must rise above $3,600. On Wednesday, April 10, the price of Ethereum (ETH) plummeted to $3,400 following the US release of red-hot CPI data for March. Since then, however, ETH has recovered significantly, […]
ETH Blockchain Validator P2P.org Hits $7.5B TVL
The Ethereum blockchain validator P2P.org has reached a new growth milestone of $7.5B in total value locked and is introducing a new SaaB model. The company informed Cointelegraph on April 10 that the Ethereum validator’s total value locked (TVL) increased from $5 billion in February to over $7.4 billion in March. P2P.org’s TVL increased by […]
ETH Q1 2024 Earnings Soar by More than 155% in Previous Year
Ethereum blockchain Network saw significant growth in the first quarter (Q1) of 2024, 155% more than in the first quarter of 2023. Coin98 Analytics research indicates that Ethereum’s earnings in Q1 2024 tripled on a quarter-over-quarter basis to $369 million. The sum represented a 210% year-over-year growth from $119 million in Q1 2023. Ethereum’s Q1 […]
Bitfinex Launches Bitcoin, Ether Volatility Futures
Bitfinex exchange has launched new Bitcoin and Ether volatility futures for investors in response to a recent spike in crypto market volatility. Two new perpetual futures contracts are now being traded on Bitfinex’s derivatives platform Bitfinex Derivatives, powered by iFinex Financial. The company made this announcement to Cointelegraph on April 3. The Ethereum Implied Volatility […]