S&P Global warns of spot Ethereum ETFs’ impact on staking concentration
The potential approval of spot Ethereum (ETH) exchange-traded funds (ETFs) in the US, which includes plans for staking, might amplify concentration risks within the Ethereum network, S&P Global Ratings highlighted in a recent analysis. According to the report, the SEC could approve ETH ETFs as early as May. However, as financial heavyweights vie for a stake […]
ZK Grants Round | Ethereum Foundation Blog
The Ethereum Foundation is thrilled to announce a collaborative grant round with Aztec, Polygon, Scroll, Taiko, and zkSync to develop Zero Knowledge public goods projects. Each co-funder of the grant round has contributed 150K USD in funds, bringing the total grant pool to 900K USD. The breadth and complexity of the Layer 2 ecosystem has […]
Bitcoin Bulls In Jeopardy? Analyst Sounds Warning Of Possible Retest
Bitcoin has been on a bullish trend, reaching $50,000 for the first time in two years, but some crypto analysts still anticipate that the token might be gearing up for a potential correction. Bitcoin Could See A Pullback At Any Moment According to the recent analysis by cryptocurrency expert Crypto Jelle, Bitcoin could undergo a […]
VanEck Bitcoin ETF records 14x surge in daily volume
VanEck’s Bitcoin ETF HODL experienced an astonishing 14x surge in trading volume on Feb. 20, catching the attention of investors and analysts across the financial sector. The ETF, one of the ten spot bitcoin exchange-traded funds (ETFs) available in the US, traded over $400 million in volume, a significant leap from its daily average of […]
The 1.x Files: EIP 1559 and the Ethereum Improvement Horizon
I’ve been thinking recently about post-apocalyptic wastelands. Specifically, about this scene from Mad Max: Fury Road, when the main characters have just escaped the first wave of pursuit, and are staying ahead of their would-be captors. They need to keep moving, but still need to do maintenance on the centerpiece of the movie: a gigantic […]
Render Climbs 60% This Month, Keeps Investors Upbeat
With AI enveloping much of the media we consume nowadays, Render (RNDR) rides the bullish wave around generative content. According to Coingecko, the token is up over 26% this week with the biggest jump occurring at the monthly timeframe at 60%. It shows that investors are still excited by Render’s possible role within the media […]
Bitcoin exchange balance dips to lowest since 2018 as market shifts to HODLing
Since mid-March 2020, there has been a notable decline in the volume of Bitcoin stored in exchange wallets, marking a significant shift in investor behavior. At the time, over 17% of Bitcoin’s total supply was housed on exchanges, a record high. This trend of declining exchange balances has continued unabated, even through Bitcoin’s 2021 bull run, […]