Ethereum | ForkLog

ForkLog 19 20.06.2024

QCP Capital: Options Market Bets on Ethereum’s Rise to $4800

Despite uncertainties surrounding the approval timeline for an ETH-ETF, a demand capturing 10-20% of inflows into BTC-ETF could push Ethereum’s price past $4000, with a subsequent rise to $4800. This scenario is reflected in the options market, according to QCP Capital. QCP: Despite uncertainty around the reception of the ETH ETF, capturing 10-20% of Bitcoin […]

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ForkLog 14 19.06.2024

Ethereum’s Implied Volatility Deemed Overstated by Expert

The wide spread between the implied volatility indices (DVOL) of Ethereum and Bitcoin may be “unjustified,” as expectations for a spot ETH-ETF are overly optimistic. This is according to a report by CoinDesk, citing Amberdata. The gap between the 30-day DVOL of the two largest cryptocurrencies has been widening since April in favor of Ether. […]

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ForkLog 22 19.06.2024

Hashdex Proposes Dual Bitcoin and Ethereum ETF

Asset manager Hashdex plans to launch a spot exchange-traded fund (ETF) that simultaneously holds Bitcoin and Ethereum. The proposal was published by Nasdaq in a 19b-4 form. The product will be named the Hashdex Nasdaq Crypto Index US ETF. According to the application, the instrument will also hold cash. If approved, Coinbase Custody Trust and […]

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ForkLog 39 19.06.2024

SEC Concludes Investigation into Ethereum’s Status

The regulator has closed its investigation into Ethereum 2.0. ETH-ETF issuers described recent S-1 application adjustments as “light”. The Enforcement Division of the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Ethereum 2.0, according to a statement from ConsenSys. ETHEREUM SURVIVES THE SEC. Today we’re happy to announce a major win for […]

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ForkLog 11 17.06.2024

Ethereum Ecosystem’s TPS Reaches New Heights

On June 16, the total transactions per second (TPS) of Ethereum-based projects surged to a record 245.87. Source: L2BEAT. This equates to approximately 21.2 million operations per day. Of this total, around 41% was contributed by the third-level solution Xai, based on the L2 network Arbitrum. Until June 10, the protocol’s TPS occasionally exceeded one […]

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ForkLog 9 15.06.2024

Launch of Spot Ethereum ETFs Delayed, Analyst Reports

Bloomberg analyst Eric Balchunas has reported a delay in the launch of spot Ethereum ETFs to July 2, following feedback received by issuers on their S-1 forms. Note: our previous over/under was July 4th so this isn’t major shift but 1) we startted to feel like it would take longer so this is kinda good […]

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ForkLog 7 14.06.2024

Ethereum Holders Accumulate Near-Record Amount of Coins Post-Fed Meeting

On June 12, Ethereum holders added 298,000 ETH (~$1.34 billion) to accumulating addresses, marking the second-highest daily amount in history, according to CryptoQuant. Ethereum demand has spiked. Buying by permanent holders was the second highest on record yesterday: 298K ETH. The record daily buying was last September 11: 317K ETH. pic.twitter.com/0qMVpNU8ht — Julio Moreno (@jjcmoreno) […]

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ForkLog 12 14.06.2024

Gary Gensler Predicts Timeline for Ethereum-ETF S-1 Approvals

The SEC head suggested the registration of S-1 forms for an ETH-ETF could occur by summer’s end. The absence of staking in an Ethereum-based ETF may limit institutional demand for the product. JPMorgan expressed doubts about sustaining high inflows into BTC-ETFs. Approval of the S-1 for an Ethereum-ETF is possible “by the end of this […]

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ForkLog 23 12.06.2024

MetaMask Introduces ‘Pooled’ Ethereum Staking Feature

Developers of the non-custodial wallet MetaMask have unveiled a ‘pooled’ Ethereum staking feature. The service lowers the entry threshold of 32 ETH (~$113,000) for ordinary users, reports CoinDesk. According to ConsenSys representatives, the service will not be available in the US and the UK. “With Pooled Staking, MetaMask users have a simple way to participate […]

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ForkLog 13 10.06.2024

Investors Inject $2 Billion into Bitcoin Products

From June 1 to June 7, cryptocurrency investment products saw an inflow of $2.04 billion, with Bitcoin-based products accounting for $1.973 billion, according to calculations by CoinShares. In both cases, the weekly figures matched the totals for the entire previous month. Data: CoinShares. Analysts attributed the accelerated pace to expectations of a monetary policy easing […]

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ForkLog 40 10.06.2024

Wintermute CEO Criticizes Buterin for Attempting to “Build Socialism”

The hypothetical collapse of Ethereum will not occur due to Solana’s higher TPS, but rather because of the duality in its leaders’ positions, according to Wintermute CEO Evgeny Gaevoy. If ETH fails in the future it wont be because “Solana is faster”, it will be because the eth “elite” is still stuck in a massive […]

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ForkLog 5 06.06.2024

Gary Gensler: Ethereum ETF Applications Will Require Time for Review

The review of applications for spot ETFs based on Ethereum will take “some time,” according to Gary Gensler, the head of the SEC. ?NEW: @SECGov Chairman @GaryGensler says the next step in the $ETH ETF approvals “will take some time,” possibly indicating a potential slow-walk of the S-1 approval process. https://t.co/iwfN9vvmt8 — Eleanor Terrett (@EleanorTerrett) […]

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