TL;DR P2P.org launched the “Operator Allocation Share” program in EigenLayer, allowing its delegators to claim part of a total reward of 828.08 ETH. The platform developed a “Risk Engine” and a rewards management tool to improve security and accessibility in EigenLayer. P2P.
Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) spot exchange-traded funds (ETFs) experienced substantial net outflows on Nov. 4, with the former seeing a record $541 million outflow, marking the second-largest single-day outflow in history. The only higher single-day outflow was recorded on May 2, when $563 million exited Bitcoin ETFs.
Right now, as the US election unfolds, it's creating volatility for Bitcoin. Recent events show that the Bitcoin ETFs had one of their worst days in history, with a $541 million outflow just yesterday. This outflow created sell pressure, which caused a short-term dip in Bitcoin's price.
Sui (SUI) is making waves, pulling in a net flow of $24.3 million and outshining giants like Ethereum (ETH), which only pulled in $9 million, according to Mysten Labs' co-founder Adeniyi Aboidun. But here's the kicker - both Sui and Ethereum are currently stuck in a consolidation rut, leaving investors scanning the horizon for fresh, high-growth opportunities.
A crypto co-founder was robbed in Bangkok while traveling there to attend the 2024 Ethereum Devcon conference. Haichao Zhu, co-founder of Bitcoin application Rooch Network, urged Ethereum Devcon attendees to exercise caution in a Nov.
Rooch Network co-founder Haichao Zhu was robbed at knifepoint in Bangkok shortly after arriving for Ethereum's Devcon conference, highlighting safety concerns for attendees and urging caution while navigating the city, especially at night. The post Ethereum Devcon Attendee Falls Victim to Violent Robbery in Bangkok appeared first on Cryptonews.
The state's pension fund has decided to invest in something called an Ether ETF (Exchange-Traded Fund). In simple terms, an ETF lets people invest in assets, like stocks or cryptocurrency, without having to buy them directly.
The Michigan state's retirement system strengthens its position in the crypto market. After its initial investment in Bitcoin ETFs, the fund is now adding significant exposure to Ethereum ETFs, demonstrating a growing confidence in digital assets.
The State of Michigan Retirement System, which manages $13.6 billion in pension assets, has begun diversifying its cryptocurrency investments. The post Michigan Pension Fund Diversifies Crypto Holdings, Buys $10M in Ether ETFs appeared first on Cryptonews.
Bitcoin (BTC) is down just over 1% in the past 24 hours, declining after briefly flirting with the $70,000 mark. The current week is crucial in dictating market dynamics, with the US elections and Fed meeting set to commence.
As the US heads into a pivotal election, Elon Musk has once again managed to send Dogecoin (DOGE) soaring. The Tesla and SpaceX CEO has been actively advocating for his proposed Department of Government Efficiency (DOGE), on various platforms.
A knife-point robbery of a crypto executive in Bangkok, occurring days before Ethereum's Devcon conference, adds to a pattern of attacks on crypto event attendees worldwide, while UN reports warn of rising crypto-related crimes in Southeast Asia.
The Michigan State Pension Fund has invested $10 million in Ethereum ETFs, becoming the first U.S. state pension fund to do so while demonstrating growing institutional acceptance of digital assets beyond Bitcoin.
Ethereum's influence on finance and tech may still be a mystery to many on Wall Street, but some analysts believe it's primed for a breakthrough. Leena ElDeeb, an analyst at crypto asset manager 21Shares, believes people should see Ethereum as Amazon did in 1990.
On Monday, the State of Michigan revealed substantial investments in cryptocurrency exchange-traded funds (ETFs) for Bitcoin and Ethereum in a 13F filing with the US Securities and Exchange Commission (SEC).
Solana's ecosystem is fast emerging as a low-cost, high-speed alternative in the blockchain landscape.
Recent violent attacks on crypto event attendees raise safety concerns, with a project co-founder recently robbed at knifepoint in Bangkok.
Digital asset investment funds recorded massive inflows, with altcoins like Ethereum (ETH) and Solana (SOL) gaining ground. Institutional flows have picked upwards due to macro factors shaped by the upcoming U.S. Presidential elections.
Ethereum price is up 1.22% on Tuesday, November 5, but will it continue to bounce here or crash lower? The upcoming US elections will play a pivotal role in adding volatility to the markets, but the short-term outlook remains uncertain.
Gemini has ramped up altcoin accumulation lately.
What was the main investor strategy during the last full trading day before the US presidential elections?
The State of Michigan Retirement System (SMRS) has set a new precedent as the first US state pension fund to invest in an Ethereum ETF.
Michigan State acquired shares from two Ethereum ETFs offered by Grayscale to become the first recorded State Pension Fund Ethereum ETFs purchase. The State of Michigan became a top five holder of Grayscale's spot Ethereum according to a US Securities and Exchange Commission (SEC) filing.
Crypto prices today have set off waves of concerns among market participants globally. Bitcoin (BTC) price waned to the $68K level over the past day, whereas Ethereum (ETH), Solana (SOL), and XRP prices witnessed a falling action.
Ethereum price extended losses and traded below the $2,500 support. ETH is consolidating and might struggle to recover above the $2,500 resistance.
In a strategic expansion into crypto, Michigans state pension fund acquired $11 million in Ethereum via ETH ETFs, positioning itself among Grayscales largest Ethereum ETF shareholders and underscoring its confidence in digital assets. Michigans Bold Move into Ethereum ETFs Marks Crypto Milestone X contributor Matthew Sigel said in an X post that Michigan spent $10 million on Ethereum via the ETH ETFs.
The fund now holds more Ethereum than Bitcoin, despite the latter's earlier ETF regulatory approval in January.
A prominent analyst has raised concerns about Ethereum's (ETH) price trajectory as we approach the end of 2024. Benjamin Cowen, a well-respected figure in the crypto community with 819,000 YouTube subscribers, believes Ethereum may be on the verge of a significant drop, potentially reaching as low as $1,000.
Michigan's State Pension Fund disclosed a $10 million investment in Grayscale's Ethereum ETF, paving the way for ETH institutional adoption.
Bitcoin plummeted further, but Dogecoin rose as cryptocurrency investors braced for the high-stakes presidential election. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m.
Investigations reveal how hackers exploited Metawin Casino Ethereum and Solana hot wallets for $4M.
Michigan's pension fund first gained Bitcoin exposure by investing in the ARK 21Shares Bitcoin ETF earlier this year. The fund's 110,000 shares in ARK 21Shares have appreciated by $1 million since June, signaling confidence in the ETF.
Ethereum's price has been stuck in a consolidation phase, trading between $2,700 and $2,340, without a clear breakout in sight.
Cryptocurrency markets are trading lower on the day before the presidential election. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $67,873.44 -1.1% Ethereum (CRYPTO: ETH) $2,429.33 -0.8% Solana (CRYPTO: SOL) $159.90 -0.6% Dogecoin (CRYPTO: DOGE) $0.1596 +7.5% Shiba Inu (CRYPTO: SHIB) $0.00001691 -1.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 7.7% and daily active addresses falling by 8.4%.
Ethereum (ETH) is making headlines again as it approaches the significant price point of $2,500. This resurgence is largely due to the growing confidence among long-term holders (LTHs) of the cryptocurrency.
The Michigan State Pension Fund has invested $10 million in Grayscale's Ethereum ETFs (NYSE:ETHE), making it one of the top holders of the product. What Happened: According to an SEC filing, this investment surpasses Michigan's $7 million allocation in Bitcoin (CRYPTO: BTC) ETFs, marking a notable shift in institutional interest.
Reports indicate that the State of Michigan Retirement System recently invested over $10 million in ethereum exchange-traded funds (ETFs), specifically in Grayscale's Ethereum Trust and its Ethereum Mini Trust.
The State of Michigan Retirement System disclosed over $11 million in exposure to spot Ethereum (ETH) exchange-traded funds (ETF) in its latest 13-F filing.
ETH has been trading at a discount on the ETF market amid weakening demand.
Michigan Pension fund has bought $10 million worth of Ethereum through Grayscale's ETFs. VanEck's Head of Digital Assets Research, Matthew Sigel, made this revelation in an X post.
Bitcoin price trades below $70,000 as traders derisk ahead of the election. Will altcoins follow this trend or take advantage of BTC's consolidation?
Ethereum (ETH) price has experienced a period of consolidation after recent gains, with a decline pushing it below the $2,550 support level. While ETH faces resistance of nearly $2,500, it holds the potential for recovery if it clears this key barrier.
Michigan's state pension fund invests $11M in Ethereum ETF, marking a significant Ethereum ETF investment milestone in US pensions. The post Michigan becomes first state pension fund to invest in Ethereum ETFs with $11M stake appeared first on Crypto Briefing.
Ethereum ETFs recorded their first State Pension Fund buy, as Michigan scooped shares from two funds offered by Grayscale.
Vlayer, a crypto startup developing "Solidity 2.0" — which adds new functions to Ethereum's smart contract language — has raised $10 million.
The value of the ARK 21Shares Bitcoin ETF shares held by the state's pension fund increased by roughly $1 million since being reported.