Hong Kong Bitcoin, Ether ETFs attract over $200M on day 1
[Apr 30 11:30 AM] The amount of assets under management remains muted compared to the billions of dollars attracted by U.S. spot Bitcoin ETFs in January.
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Patrick McHenry accuses Gary Gensler of misleading US lawmakers over Ether
[Apr 30 10:01 AM] The chair of the U.S. House Financial Service Committee alluded to claims in Consensys’s recent lawsuit against the SEC, suggesting an investigation into Ether as a security.
HK vs. US: China AMC Leads but Can’t Lift Hong Kong Spot Bitcoin ETFs to US Levels
[Apr 30 6:26 AM] Hong Kong’s debut of six spot bitcoin and ethereum exchange-traded funds (ETFs) garnered HK$87.5 million ($11 million) on their first day, April 30. However, these ETFs underperformed compared to their U.S. counterparts, which had attracted…
Hong Kong ETFs open the ‘door’ to Chinese RMB holders, issuers say
[Apr 30 12:01 AM] Fund issuers and industry experts hope Hong Kong’s new crypto ETFs will open the door for mainland Chinese investment in the future.
Ethereum Price Topside Bias Vulnerable If It Continues To Struggle Below $3.5K
[Apr 29 10:12 PM] Ethereum price struggled to recover above $3,350 and corrected gains. ETH is consolidating near $3,200 and facing many hurdles. Ethereum started another decline and tested the $3,120 zone. The price is trading below $3,220 and the 100-hourly Simple…
Eigenlayer’s Airdrop Faces Backlash Over Token Restrictions and Minimal Allocations
[Apr 29 9:22 PM] The announcement of Eigenlayer’s airdrop, featuring non-transferable tokens and aggressive geo-restrictions, has sparked outrage among users who felt the allocated amount was minimal and the documentation confusing. Despite adding over $15.7…
EigenLayer Makes A Big Splash With EIGEN Token Launch And Major Airdrop Plan, Get The Full Scoop!
[Apr 29 9:00 PM] EigenLayer, a decentralized restaking protocol built on Ethereum (ETH), has made significant announcements, paving the way for new developments within the crypto ecosystem. The protocol unveiled its native token, EIGEN, which the newly formed…
Hong Kong ETFs begin trading, issuers unfazed if US declares ETH a security
[Apr 29 8:53 PM] Hong Kong already has a clear definition of Ethereum and it is not a security, said OSL Digital Securities head Wayne Huang.
China Asset Management Exec Anticipates Hong Kong Spot Bitcoin ETFs to ‘Exceed’ US Debut
[Apr 29 7:34 PM] With the debut of spot bitcoin and ethereum exchange-traded funds (ETFs) in Hong Kong trading on Tuesday, market observers are speculating about the potential demand for these ETFs in the region, reminiscent of the enthusiasm seen in the U.S…
Cracking the Crypto Code: ETH/BTC Signals The Next Altcoin Explosion – Here’s How
[Apr 29 3:00 PM] Recently, a seasoned crypto investor, Daan Crypto Trades, offered a fresh perspective on evaluating altcoin market sentiment. Daan believes the ETH/BTC ratio is a superior indicator of altcoin market sentiment over the SOL/BTC ratio, showing data…
SEC Launched Formal Investigation Into Ethereum’s Security Status Over a Year Ago, New Court Filing Shows
[Apr 29 2:32 PM] A new court filing claims that the U.S. Securities and Exchange Commission (SEC), led by Chair Gary Gensler, initiated a formal investigation into ethereum’s potential classification as a security more than a year ago. SEC Enforcement…
Ethereum Flashes Bullish Signals, Can It Rally 50% From Here?
[Apr 29 2:00 PM] The second-largest crypto token by market cap, Ethereum (ETH), finally showed some form of life as it rose to $3,300 over the weekend. This move is believed to be the beginning of a trend reversal for the crypto token, which has several bullish…
Eigenlayer releases EIGEN white paper, bans airdrop for US users
[Apr 29 2:00 PM] The EIGEN token will be used to form consensus around data that is off-chain but easily verifiable, such as whether someone won a bet or adequately stored data.
Price analysis 4/29: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
[Apr 29 11:46 AM] Bitcoin and altcoins are falling toward strong support levels, which appear likely to hold in the short term.
GBTC Reserves Dip Below 300,000 BTC Amidst 3 Weeks of Crypto Fund Outflows
Ethereum Fees Dive: Will This Spark A Surge In Network Activity?
[Apr 29 9:00 AM] Ethereum, the world’s second-largest cryptocurrency by market capitalization, has seen a dramatic drop in transaction fees, according to a recent analysis by Santiment, a prominent crypto analytics platform. The report indicates that the…
SEC and Gensler believed Ether was security for at least a year
[Apr 29 8:09 AM] In April 2023, Gensler refused to answer repeated questions on whether the SEC believed Ether was a security.
Ethereum Price Reverse Gains, Can ETH Bulls Save The Day?
[Apr 28 10:18 PM] Ethereum price rallied above the $3,300 level. ETH tested the $3,350 resistance and recently started a sharp decline below $3,300. Ethereum rallied toward $3,350 before the bears appeared again. The price is trading below $3,220 and the 100-hourly…
Liquid Staking Platforms See 60,000 ETH Outflow in 2 Weeks; Lido Dominates Reductions
[Apr 28 9:31 AM] In the last two weeks, liquid staking derivative (LSD) protocols have experienced a decline of 60,000 ether valued at over $198 million, with Lido accounting for 40,000 of the ETH withdrawn. LSD Sector Snapshot: $198 Million Ether Withdrawn in 2…
Bitcoin Leads 30-Day NFT Sales, Outpacing 24 Blockchain Competitors
[Apr 27 9:34 AM] While sales of non-fungible tokens (NFTs) have declined by over 38% in the past 30 days compared to the previous month, NFTs minted on the Bitcoin blockchain have dominated, accounting for more than 44% of sales. Statistics from the last 30 days…
Study: Half of Canadian Institutional Investors Actively Offered One Crypto Asset Product in 2023
[Apr 27 12:36 AM] According to a recent survey, half of Canadian institutional investors and financial services organizations have actively offered at least one type of cryptocurrency asset product or service to clients in the past year. The study revealed that half…
Forbes Unveils 20 Crypto ‘Zombies,’ Declares Ripple And XRP Among The Undead
Price analysis 4/26: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
[Apr 26 12:32 PM] Bitcoin and altcoins could be en route to retest their recent strong support levels as bears try to extend the correction.
Ethereum Withdrawals From Exchanges Top 260,000 ETH – What This Means For Price
[Apr 26 11:00 AM] Ethereum withdraws from centralized exchanges have ramped up over the last week, suggesting a direction for investor sentiment during this time. Given the sheer volume of ETH withdrawn from these exchanges, it is prudent to try to understand what…
Consensys, a Target for the SEC’s Assault on ETH, Is Fighting Back
[Apr 26 5:00 AM]
Chinese 'Crypto Dad' faces government investigation
[Apr 26 4:01 AM] Yao Qian, the first director of CBDC development at China’s central bank, is reportedly under investigation for suspected law violations.
Stripe Re-Enters Crypto Payments With USDC on Ethereum, Polygon, and Solana
[Apr 26 2:32 AM] Stripe, the fintech giant, has decided to re-enter the cryptocurrency payment space after a six-year hiatus, starting with USDC stablecoins on the Solana, Ethereum, and Polygon blockchains. This move, introduced by co-founder John Collison at the…
85% Of Altcoins In “Opportunity Zone,” Santiment Reveals
Ethereum Price Faces Crucial Test: Will $3,200 Withstand The Pressure?
[Apr 25 8:55 PM] Ethereum price is attempting a recovery wave above the $3,125 zone. ETH must clear the $3,200 resistance to continue higher in the near term. Ethereum extended losses and tested the $3,075 support zone. The price is trading below $3,180 and the…
‘ETH Should Not Be Treated as a Security’ — Consensys Sues SEC Over Ethereum Regulations
[Apr 25 2:09 PM] In a significant legal move, Consensys has initiated a lawsuit against the U.S. Securities and Exchange Commission (SEC) to protect the Ethereum blockchain from what it deems overreaching regulations. A report further alleges that the SEC issued a…