Major stablecoin issuer Tether has been increasingly minting new USDT (USDT) tokens, issuing 4 billion USDT over the past month. Tether issued another 1 billion of Tether on the Tron blockchain on Nov. 10, the blockchain data provider Whale Alert reported. The latest USDT minting came just a few days after Tether issued another 1
Ethereum
Blackrock’s plans for a spot Ethereum exchange-traded fund (ETF) has now been confirmed, per a 19b-4 form filing submitted to the United States Securities and Exhange Commission on Nov. 9. Nasdaq filed the 19b-4 form to securities regulator on behalf of the $9 trillion asset management firm for a proposed ETF called the “iShares Ethereum
Finder’s board of crypto market experts has predicted a positive long-term increase in the price of Ethereum in 2023, 2025, and 2030. Ethereum To Surpass $14,000 By 2030? The price of Ethereum has been on a fairly positive sentiment since the news of BlackRock’s Ethereum Spot ETF filing news. The cryptocurrency saw a spike that
BlackRock has argued that the U.S. Securities and Exchange Commission doesn’t have any legitimate reason to treat spot-crypto and crypto-futures exchange-traded fund applications differently. BlackRock’s plan for a spot-Ether (ETH) ETF called the “iShares Ethereum Trust” was officially confirmed on Nov. 9, after Nasdaq submitted the 19b-4 application form to the SEC on the firm’s
When Ethereum (ETH) exploded past $2,000 on November 9, Erik Smith, the Chief Investment Officer of 401 Capital, observed that the platform’s average daily revenue surged to the highest level in four months. According to data, Ethereum generated $10 million in daily revenue, extending gains registered on the previous day and pushing the metric to the highest
Ethereum (ETH) has been experiencing an upward trajectory for quite a while now, reaching its highest yearly price point in the week and presenting an impressive 52-week high. Ethereum’s Price Supported By Latest Developments The Ethereum’s price surge can be traced back to several factors that have propelled the cryptocurrency’s growth. The asset reached its
Bitcoin (BTC) faces a “torrent” of institutional inflows in the run-up to a United States exchange-traded fund (ETF) approval. That is the perspective of Dan Tapiero, founder and CEO of 10T Holdings, who has joined the bulls eyeing a sea change in institutional Bitcoin adoption. Tapiero: Mass capital inflows “about to hit” Bitcoin As excitement
On-chain data suggests the path to $2,500 could be open for Ethereum now that the asset has managed to cross the $2,100 mark. Ethereum Has No Major Resistance Levels Until $2,500 In a new post on X, the market intelligence platform IntoTheBlock has provided an update on how the Ethereum levels are looking in terms
The world’s largest asset manager filed for a spot Ether (ETH) exchange-traded fund (ETF) on Nov. 9, four months after filing for a spot Bitcoin ETF. BlackRock’s filing helped ETH prices soar past $2,000 for the first time in over a year. BlackRock’s intention to file for an Ethereum spot ETF had a bullish effect
Following BlackRock’s official filing of Spot Ethereum with Nasdaq, reports have confirmed that BlackRock’s Ether ETF plan has been confirmed by Nasdaq and is on its way to the US SEC to gain final approval. BlackRock Ethereum Spot ETF Confirmed American multinational investment company, BlackRock has been making waves in the crypto space after news
A recent spike in transaction fees on Ethereum and Bitcoin appears to have reignited the debate around solutions for scalability and the role of layer 2s. Over the last 24 hours, cryptocurrency users began sharing screenshots showing double, occasionally triple-digit transaction fees on Ethereum and Bitcoin. One screenshot showed gas fees were as high as
Ethereum insider, Steven Nerayoff has vowed to expose alleged fraud schemes which he claims are operating within the Ethereum network. As a result, the crypto community is keeping a close watch and Neyaroff has promised to reveal proof of his accusations in the coming weeks. Unmasking The “Truth” Former Ethereum Advisor, Steven Nerayoff has announced
As the race between Ethereum layer-2 networks heats up, users are left with questions about each network’s unique nature, use cases and plan for attracting more users to Web3. In Episode 36 of Hashing It Out, Elisha Owusu Akyaw (GhCryptoGuy) discusses app-specific rollup protocols with Cartesi co-founders Colin Steil and Erick de Moura. The Cartesi
Move over Bitcoin ETF, it is time for Ethereum to take the center stage. $9 trillion asset manager BlackRock has revealed its intention to to launch a spot Ethereum ETF, and it already sent the price per ETH above $2,000. Ethereum ETF News From BlackRock Prompts Break Above $2,000 Ethereum sentiment has recently been in
Investment management firm Ark Invest, led by pro-Bitcoin investment veteran Cathie Wood, has collaborated with exchange-traded product (ETP) provider 21Shares to launch a new suite of digital asset exchange-traded funds (ETFs). The move aims to provide a “robust set of options” for investors looking to get digital assets into their trading portfolio. The countdown begins:
Australian crypto exchange CoinSpot has reportedly been hacked for $2.4 million in a “probable private key compromise” over at least one of its hot wallets. According to a Nov. 8 post to his Telegram channel, blockchain sleuth ZachXBT highlighted two transactions entering the alleged hackers wallet. Afterwards, the wallet’s owner bridged the funds to the
Lido’s governing body has approved the deployment of Lido’s Wrapped Staked Ether (wstETH) to Coinbase’s Base network, according to a Nov. 8 announcement. The token is now live and can be traded or used in decentralized finance (DeFi) applications on the Base network. Lido is on @BuildOnBase You can now bridge your staked ETH to
The Ethereum network has usually been criticized for the number of failed transactions that occur on it and how it leads to users losing their money as a result of this. This onslaught was recently renewed after a figure in the crypto community showed the staggering amount that has been lost from failed transactions. ETH
The founder of Estonia-based LHV Bank, Rain Lõhmus, has been revealed as the owner of a massive 250,000 Ether (ETH) stash bought during the Ethereum ICO, which is now worth an eye-watering $470 million. There’s only one problem. He no longer has the keys. In February, Coinbase director Conor Grogan highlighted a Ethereum whale wallet
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has exhibited a promising technical development, igniting optimism within the crypto community. The formation of a bullish flag pattern within the daily timeframe has captured the attention of analysts and traders, hinting at potential positive movements in the near future. A bullish flag pattern is a common
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