Ethereum has lost nearly 60% of its value since its peak back in May. However, the scale of the reversal in the value of the second-largest cryptocurrency has definitely invited more …
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Judge allows Ripple to depose SEC official who decided Ethereum is not a security
San-Francisco-based fintech firm Ripple has notched up another small victory in its ongoing battle with the U.S. Securities and Exchange Commission. U.S. District Court Judge Sarah Netburn has denied the …
MoreBrazil’s SEC to approve South America’s first Ethereum ETF
The Brazilian Securities Commission (CVM) has authorized the first exchange-traded fund (ETF) in Latin America that tracks the performance of Ethereum (ETH), according to the local media outlet Exame. On Tuesday, …
MoreEthereum (ETH) gas prices drop to lowest rates since March 2020
The price of ETH isn’t the only thing that’s been dropping in recent months. The cost to use the Ethereum network has declined as well. The average price of gas on the …
MoreSenator Pat Toomey to buy into Grayscale’s Bitcoin and Ethereum trusts
Per financial disclosures filed on July 7, Senator Pat Toomey (R-PA) has invested in two of Grayscale’s major cryptocurrency products. The records indicate that Toomey purchased between $1,000 and $15,000 each of …
MoreEthereum (ETH) to add over 5 million new unique addresses in 30 days
The world’s largest smart contract development platform, Ethereum has added over 5 million more unique addresses in just 30 days as the asset continues to gain momentum ahead of its …
MoreGoldman Sachs: “Ethereum may surpass Bitcoin as store of value, but not gold”
In a note to investors on Tuesday, Goldman Sachs outlined its reasoning behind the claim that Ethereum will eventually become a better store of value than Bitcoin. According to the …
MoreEthereum’s anticipated London hard fork set for full mainnet launch on August 4
The long-awaited London hard fork, also known as the EIP-1559, has a tentative launch date. The upgrade should ship as soon as this August. A key bullish catalyst on the …
MoreEthereum (ETH) ‘flippening’ happening now and it might get broader
The Ethereum (ETH) ‘flippening’ of Bitcoin (BTC) has occurred in terms of dollars, according to Celsius Network CEO Alex Mashinsky. When asked by Kitco News presenter David Lin about the likelihood …
MoreBitcoin and Ethereum see positive institutional investment flows as Grayscale adds Cardano to large-cap fund
Institutional sentiment appears to be shifting back to being positive toward crypto as crypto investment products saw inflows of US$63 million for the first time in five weeks, according to …
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