$484 Million Outflow from Grayscale’s Ethereum Trust on ETF Launch Day
TLDR Grayscale’s Ethereum ETF (ETHE) saw $484 million in outflows on its first day of trading. BlackRock’s Ethereum ETF (ETHA)...
Ethereum
Grayscale Transfers $1 Billion in Ethereum Ahead of ETF Debut
TLDR Grayscale transferred $1 billion worth of Ethereum to Coinbase Prime ahead of Ethereum ETF trading debut. The first spot...
Ethereum Price Stable Above $3,500: Key Resistance Levels Ahead
TLDR Ethereum’s price is currently trading above $3,500 and the 100-hourly Simple Moving Average. There are key resistance levels at...
Ethereum ETFs Approved: Trading Begins July 23, 2024
TLDR Spot Ethereum ETFs have received final approval from the SEC to begin trading on Tuesday, July 23, 2024. Several...
Tornado Cash Deposits Surge to $1.9 Billion in 2024 Despite Sanctions
Key points: Tornado Cash has seen a resurgence in 2024, with $1.9 billion in deposits in the first half of...
Ethereum Developer Jailed for North Korea Visit has Sentence Reduced by 7 Months
TLDR Former Ethereum developer Virgil Griffith’s prison sentence has been reduced by 7 months. Griffith was originally sentenced to 63...
Ethereum Co-Founder Vitalik Buterin Cautions Against Single-Issue ‘Pro-Crypto’ Voting
TLDR Vitalik Buterin warns against choosing political allegiances solely based on a candidate’s ‘pro-crypto’ stance. He emphasizes the importance of...
Polygon Announces MATIC to POL Token Migration for September 4
TLDR Polygon will migrate from MATIC to POL tokens on September 4, 2024. The upgrade is part of Polygon’s 2.0...
21Shares Announces 0.21% Fee for Ethereum ETF, Offers Temporary Waiver
TLDR 21Shares has set a management fee of 0.21% for its Ethereum ETF (CETH). The company plans to waive fees...
Ethereum (ETH) to Rally Over $5k With Upcoming ETF Launches & Other Key Factors
TLDR Matt Hougan, CIO of Bitwise, predicts Ethereum will reach $5,000 after ETF launches. Hougan cites Ethereum’s low inflation rate,...
EEA Releases DeFi Risk Assessment Guidelines v1
17 July 2024 EEA Introduces Enterprise Standard for Assessing DeFi Protocols EEA today published the DeFi Risk Assessment Guidelines, Version...
CFTC Chair Reaffirms Bitcoin and Ethereum as Commodities in Senate Testimony
TLDR CFTC Chair Rostin Behnam reiterated to the U.S. Senate that Bitcoin and Ethereum are commodities. A recent Illinois court...
Ethereum ETF Fee Race Heats Up as Launch Date Approaches
TLDR Invesco and Galaxy set management fees for their Invesco Galaxy Ethereum ETF (QETH) at 0.25% This fee is slightly...
Nearly There: The Final Countdown to Ethereum Spot ETF Launches
TLDR Bitwise executive says Ethereum ETFs are “close to the finish line” for approval The SEC is reportedly open to...
EEA Releases DLT Interoperability Case Study
Monday 8 July 2024 A new case study showcases the successful implementation of cross-chain Delivery versus Payment (DvP) settlement using...
