Ethereum | ForkLog

ForkLog 9 22.07.2024

Crypto Investment Inflows Surpass $3 Billion Since July

Inflows into cryptocurrency investment products from July 13 to 19 amounted to $1.35 billion, compared to $1.44 billion the previous week. Since the beginning of July, the figure has reached $3.24 billion, according to CoinShares. Data: CoinShares. Trading volume for ETP surged by 45% to $12.9 billion. Clients added $1.27 billion to bitcoin-related products, compared […]

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ForkLog 12 22.07.2024

Expert Predicts Launch of ETF Based on BTC, ETH, and SOL Basket

Applications for ETFs combining Bitcoin, Ethereum, and Solana are expected to emerge in the coming months, according to Nate Geraci, president of The ETF Store. Prediction… An ETF issuer will file for combined spot btc, eth, & sol ETF in next few months. We’re quickly heading down path towards index-based & actively managed crypto ETFs. […]

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ForkLog 11 20.07.2024

ETH-ETF Launch Boosts Market Sentiment

Bitcoin surpassed $66,000, while Ethereum reached $3,500 following the announcement of the start date for trading spot ETH-ETFs. Despite positive factors, the second-largest cryptocurrency by market capitalization faces a potential supply crisis. Following the confirmation of the start date for trading spot Ethereum-ETFs on the CBOE, digital gold held steady above $66,000. According to the […]

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ForkLog 11 19.07.2024

Ethereum ETF Could Boost Altcoins, Says Expert

The launch of an ETF based on the spot price of Ethereum may potentially have a positive impact on altcoins. This view was expressed by Darius Tabai, CEO of DEX Vertex Protocol, in a conversation with The Block. “Given the commotion and lack of clarity surrounding the launch of spot exchange-traded funds based on Ethereum, […]

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ForkLog 9 19.07.2024

Binance CEO Anticipates Steady Inflows to Spot Ethereum ETFs

Spot Ethereum ETFs are expected to ensure a steady and significant capital inflow over time, according to Binance CEO Richard Teng, as reported by Cointelegraph. The expert expressed skepticism regarding the scale of inflows into these products following their listing. “It is unlikely they will be dramatic at the initial stage. Inflows will fluctuate depending […]

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ForkLog 33 18.07.2024

SEC Approves Grayscale and ProShares Applications for Ethereum ETFs

The SEC has approved applications for a mini Ethereum-based ETF from Grayscale and an exchange-traded fund from ProShares. Trading of these instruments is expected to commence on July 23, by which time other spot ETH-ETF issuers will have met SEC requirements. The products do not currently include staking, though this may change in the future. […]

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ForkLog 11 18.07.2024

Virgil Griffith’s Prison Sentence Reduced by Seven Months

The sentence of former Ethereum Foundation researcher Virgil Griffith, accused of violating sanctions law by visiting North Korea, has been reduced from 63 to 56 months. This was reported by The Block. The US District Judge considered the difficulties faced by the developer during his imprisonment and took into account several “disciplinary violations” on his […]

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ForkLog 12 17.07.2024

Bitwise Predicts Ethereum Surge Beyond $5000 Following ETF Launch

The introduction of exchange-traded funds (ETFs) based on Ethereum’s spot price is expected to propel the cryptocurrency’s value to historic highs above $5000, according to a report by CoinDesk, citing Bitwise. Matt Hougan, the company’s Chief Investment Officer, noted that initial price movements might be volatile due to fund outflows from the Grayscale Ethereum Trust. […]

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ForkLog 103 17.07.2024

Ignition Launches Omnichain Asset FBTC on Ethereum and Mantle

DeFi project Ignition has launched the omnichain asset FBTC on the Ethereum mainnet and the Mantle L2 solution. The developers announced this on X. The days of limited Bitcoin yield are over. Now users can exchange and bridge $FBTC across Ethereum and Mantle networks, bringing us closer to our vision of Bitcoin’s free growth. Welcome […]

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ForkLog 17 16.07.2024

Spot Ethereum-ETF Launch Date Announced

Senior Bloomberg exchange analyst Eric Balchunas has announced that trading of spot ETH-ETFs in the United States will commence on July 23. Update: Nate’s instincts were right, hearing SEC finally gotten back to issuers today, asking them to return FINAL S-1s on Wed (incl fees) and then request effectiveness on Monday after close for a […]

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ForkLog 8 15.07.2024

Ethereum’s Potential for Outpacing Growth Highlighted by Analyst

Retail investors are underestimating Ethereum (ETH), which could reach a new peak faster than other assets, according to MN Trading founder Michaël van de Poppe. Will the #Altcoins ever rally again? I think so. I think they’ll be starting to rally in the coming period, and yes, I’ve been getting hammered on my portfolio for […]

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ForkLog 56 11.07.2024

Vitalik Buterin Urges Ethereum Community to Brace for Potential 51% Attack

Ethereum co-founder Vitalik Buterin has advocated for enhancing the network’s preparedness against a hypothetical 51% attack, reports The Block.

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