The largest stock exchange in Hong Kong has announced that it will launch a new crypto index to meet the increasing demand for digital assets. In a new announcement, Hong Kong Exchanges and Clearing Limited (HKEX) says it will launch its own “Virtual Asset Index Series” on November 15.
Ethereum (ETH) co-founder Vitalik Buterin has slammed critics who call out the Ethereum Foundation for selling ETH. In an X post, Buterin noted that the funds raised from ETH sales went towards supporting the Ethereum blockchain.
One month ago, ethereum liquid staking derivatives (LSD) protocols collectively held 14.08 million ETH, crossing the 14 million milestone. Since then, these protocols have scooped up an additional 60,000 ETH. Ethereum's Liquid Staking Surge Ethereum liquid staking has skyrocketed in popularity recently, with protocols now securing 11.74% of the total 120,401,221 ETH in circulation.
Avi Zurlo, who took the reins at the Nil Foundation on Monday, will lead initiatives to make zkProofs more accessible for developers on Ethereum and help scale the network through sharding.
CryptoQuant analyst Maartunn has flagged a notable divergence between Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) ETFs, advising a cautious stance towards the latter. What Happened: Maartunn took to X to highlight the difference in netflows between Bitcoin and Ethereum ETFs.
As the Dogecoin price inches closer to the long-anticipated $1 mark, the excitement is undeniable. The Dogecoin price rally is drawing attention from traders and investors alike. Yet, while the Dogecoin price climbs toward this psychological milestone, another Ethereum token is silently making waves, poised to eclipse Dogecoin's gains by a staggering 30,000% rally.
Ethereum's infrastructure limitations are driving users, applications, and capital to Layer 2s and competing blockchains, an analyst said.
Bitcoin ETFs are recording solid buying, a sign that traders believe to be an indicator that BTC will break through the range highs.
Ethereum (ETH) fees remain relatively low, due to a shift of activity. Most swaps happen on L2, while Solana is taking the biggest share of meme token action.
BlackRock now holds over 403,725 BTC, valued at $27.73 billion, as Ethereum ETFs face a $7M outflow over the past seven days. The post BlackRock's Bitcoin holdings climb to $27.73 billion as Ethereum ETF outflows reach $7 million appeared first on Crypto Briefing.
Buyers keep controlling the situation on the market at the beginning of the week, according to CoinMarketCap.
The world of cryptocurrency investing is rapidly evolving, and recent data suggests a significant divide in the demand for exchange-traded funds (ETFs) focused on Bitcoin versus those targeting Ethereum. As of late October 2024, spot Bitcoin ETFs are experiencing a remarkable surge in popularity, while interest in Ethereum ETFs remains muted.
The new indices will offer a clear, single price for bitcoin and ether, tailored for the Asian time zone.
Despite the recent price stumbles, Bitcoin and Ethereum seem on the right track to resume bull forecasts.
Ethereum co-founder Vitalik Buterin tries to shut down criticism from the community following ETH sell-offs
Ethereum price is up only 11% since the start of 2024. This uninspiring 2024 performance has caused investors to discard ETH as it trades around $2,531.
Prominent crypto analyst Alex Krüger recently shared his strategy for the 2024 U.S. Presidential Election, highlighting a shift in his investment approach.
RD InnoTech has partnered with HashKey Exchange to launch its HKDR stablecoin, aiming to facilitate compliant cross-border payments.
Ethereum co-founder Vitalik Buterin took to Twitter to forcefully reject claims that he has sold ETH in the past month.
Bitcoin (BTC) faced a considerable slump on Friday, and registered a low of $65,700 on Saturday as escalating tensions in the Middle East spooked markets. However, it found support at this level and recovered to push back above $67,000.
Ethereum's price found stability within a narrow range, moving between $2,470 and $2,537 over the past day, as both oscillators and moving averages reflect neutral-to-bearish signals, indicating a pause in its short-term momentum. Ethereum The daily chart shows ethereum's (ETH) recent trend of lower highs and lows, hinting at a bearish undertone.
Solana's surging fees are correlated with growing trading activity on the network's leading decentralized exchange, Raydium.
Ethereum's price has been consolidating over the past few months, showing neither bullish nor bearish intentions. Yet, things might be about to change soon.
The Global crypto market cap rose by 0.44% to $2.29 trillion today. Uptober disappointed, failing to deliver the expected gains in the crypto market.
Hong Kong Exchanges and Clearing Limited (HKEX) has announced the upcoming launch of its HKEX Virtual Asset Index Series, marking a major step in the development of a growing asset class and strengthening Hong Kong's status as Asia's leading center for digital assets.
Coinbase's Ethereum layer 2 network Base briefly took the lead in stablecoin volume on Oct. 26, outpacing major blockchains and marking a record-high transaction count.
A group of important Japanese institutions are working together to propose the launch of ETFs that focus on Bitcoin and Ethereum. This group includes Mitsubishi UFJ Trust and Banking Corp, along with brokerages like Nomura and Daiwa Securities, and crypto exchanges like bitFlyer and Bitbank.
With Ethereum (ETH) showing major underperformance with the rest of the crypto market, and the ETH/BTC pair hitting multi-year lows, there's a common perception building up that ‘Ethereum is dead'. However, based on some on-chain metrics, market analysts have been bursting this myth while expecting an ETH price surge ahead.
"Given the uncertainty, Maelstrom has 5% of the fund in staked USDe (Ethena USD), earning roughly 13%," Hayes told CoinDesk.
The Ethereum Foundation has made headlines by selling a significant portion of its Ethereum (ETH) holdings. Between January 2 and October 23, the Foundation executed 37 separate transactions, collectively offloading 6,646 ETH in exchange for DAI, generating around $17 million.
Ethereum trades near critical support at $2,470 while experiencing a six-week high in whale activity and increased trading volume, as technical analysts project potential moves to $4,000-$6,000 if current support holds.
HKEX's new index series is the first in Hong Kong to align with EU financial standards.
Hong Kong Exchanges and Clearing Ltd. announced that the “HKEX Virtual Asset Index Series” will go live on Nov. 15.
The Ethereum co-founder said the foundation uses the money earned to fund essential projects while avoiding market influence tied to staking.
Ethereum price remains in a deep bear market, continuing to underperform other top cryptocurrencies like Tron, Bitcoin, and Solana. The ETH token was trading at $2,500 on Monday, a few points above last week's low of $2,385.
Vitalik Buterin, co-founder of Ethereum, claimed the highest share of “KOL (Key Opinion Leader) mindshare” on Crypto X this past week.
In a spirited response to allegations that the Ethereum Foundation has been irresponsibly selling off its ETH holdings, co-founder Vitalik Buterin firmly denied the accusations on X. In an explanation, Buterin provided detailed insights into the Foundation's financial practices and its contributions to the ecosystem.
Ethereum (ETH) is experiencing a noticeable decline in price, trading around $2,495 after a recent unsuccessful attempt to break through the resistance level of approximately $2,760. Over the past five days, the leading altcoin has seen a drop of over 5%, raising concerns among investors and analysts about its immediate future.
While giant cryptos like Solana and Ethereum dominate today, fresh contenders are stepping into the spotlight.
Amid the broader market uncertainty, altcoins have been facing a steeper correction recently. However, some sectorial bets like Dogecoin (DOGE), Ethereum (ETH), and Polygon (POL) could be gearing for a strong rally ahead this week.
With a market cap of $300 billion and daily fees between $6 million and $7 million, concerns arise about whether ETH's valuation is truly warranted.
Ethereum co-founder Vitalik Buterin addresses criticism over the Ethereum Foundation's ETH sales.
The recent plunging sentiment in the market had alerted the majority of crypto investors about the potential crash, but there was only so much traders could do about their investments in a short time span.
Bitcoin (BTC) maintains its position above $67,000 despite a brief dip to the $65,000 range during the week. BTC currently trades around the $67,000 level, and major altcoins, such as Ethereum, Solana, Ripple, Polkadot, and Dogecoins, have experienced volatile trading weeks.
Ethereum price extended losses and tested the $2,380 support zone. ETH is recovering losses and struggling to gain pace for a move above the $2,5250 level.
Leading cryptocurrencies inched higher on Sunday as oil prices tumbled after Israel's attack on Iran avoided hitting the country's oil infrastructure.
Data shows the Ethereum co-founder has nabbed the highest share of “KOL mindshare” on X this week, posting about Ethereum's roadmap and defending from Ethereum critics.