Ethereum | ForkLog

ForkLog 28 28.05.2024

ENS Developers to Expand Service to Layer 2 Networks

ENS Labs, the firm behind Ethereum Name Service, has announced plans to extend its service to Layer 2 protocols following a recent update. Introducing ENSv2: The Next Generation of ENS ??? ENS Labs is excited to announce our proposal to extend the ENS protocol to a Layer 2 network. This move isn’t just about migrating […]

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ForkLog 28 28.05.2024

Bernstein Predicts Crypto ETF Market Surge to $450 Billion

The combined value of exchange-traded funds based on Bitcoin and Ethereum is expected to rise to $450 billion within the next two years, according to a report by CoinDesk, citing Bernstein. “This implies that over the next 18-24 months, the crypto ETF market will see inflows exceeding $100 billion,” analysts explained. Experts also reaffirmed their […]

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ForkLog 7 28.05.2024

Market Optimism Grows as Call Options on Ethereum Dominate

Market participants are showing optimism towards Ethereum, as indicated by the rise in open interest for call options on the digital asset, according to analysts at QCP Capital. Experts observed that on May 27, ETH “rose from $3810 to $3940, likely due to comments from [presidential candidate] Donald Trump in support of cryptocurrencies.” At the […]

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ForkLog 19 27.05.2024

Taiko Protocol Launches on Ethereum Mainnet

The Taiko project, a second-layer solution for scaling Ethereum, has launched its mainnet. Dear Taiko Community, We are beyond excited to announce that after two years of hard work, the Taiko protocol has been deployed on Ethereum mainnet! ? Let’s look at how you can start exploring Taiko today: 1/ pic.twitter.com/LXGdPbV1Yr — Taiko ? (@taikoxyz) […]

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ForkLog 23 27.05.2024

Ethereum Price Could Reach $4500, Predicts Expert

The price of Ethereum may rise to $4500 even before the launch of spot ETFs based on the cryptocurrency, according to Arthur Cheong, founder and CEO of DeFiance Capital. 4.5k before spot ETF go live for trading imo. — Arthur (@Arthur_0x) May 26, 2024 On May 23, the U.S. Securities and Exchange Commission (SEC) approved […]

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ForkLog 34 27.05.2024

Ethereum’s Pectra Update Scheduled for Early 2025

During a teleconference, Ethereum’s execution layer developers decided that the Pectra update will be released by the first quarter of 2025. This is the next major network upgrade following Dencun, which was implemented in March. The update will include proposals to improve the format of Ethereum Virtual Machine objects. It is also expected to deploy […]

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ForkLog 16 26.05.2024

Michael Saylor Highlights Ethereum-ETF’s Advantage for Bitcoin

Michael Saylor described the ETH-ETF as “another line of defense for Bitcoin” and noted “accelerated institutional adoption” thanks to the instrument. Bloomberg analysts predicted demand for ETH-ETF at 15-25% of exchange-traded funds based on the first cryptocurrency. Experts from TD Cowen suggested the emergence of an ETF on a “basket of crypto tokens” within a […]

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ForkLog 9 25.05.2024

JPMorgan: Approval of ETH-ETF Seen as Political Move Ahead of US Elections

JPMorgan analysts have described the SEC’s approval of spot Ethereum-ETFs as a political decision in the lead-up to the US presidential elections. This was reported by The Block. “We view this ETF approval and cryptocurrency in a broader sense as an increasingly political issue ahead of the US presidential elections in 2024. Therefore, we expect […]

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ForkLog 6 24.05.2024

Ethereum Dips Below $3700 Following ETF Approval: Analysts Weigh In

Following the approval by the SEC of Form 19b-4 applications for launching spot Ethereum ETFs, the underlying asset fell by 7.5%—from $3950 to $3650. 15-minute ETH/USDT chart on Binance. Data: TradingView. Briefly, the cryptocurrency dipped below $3500. At the time of writing, ETH had recovered to $3710. Julio Moreno, Head of Research at CryptoQuant, noted […]

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ForkLog 20 24.05.2024

SEC Approves Spot Ethereum ETFs: Key Developments

On May 23, the U.S. Securities and Exchange Commission (SEC) approved 19b-4 applications from issuers of spot exchange-traded funds based on Ethereum. The companies receiving approval include VanEck, BlackRock, Fidelity, Grayscale, Franklin Templeton, ARK Invest/21Shares, Invesco/Galaxy, and Bitwise. However, the regulator did not grant permission for Hashdex, whose application deadline expires on May 30. Trading […]

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ForkLog 15 23.05.2024

Ethereum Surpasses $3900 Amid New ETF Developments

The U.S. Securities and Exchange Commission (SEC) has commenced discussions on the S-1 form in applications for the registration of spot Ethereum ETFs, according to The Block, citing sources. “Essentially, everything is just beginning. It feels like the [Division of Investment Management] was somewhat caught off guard by the change in sentiment,” said a representative […]

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ForkLog 15 22.05.2024

Bernstein Analysts Predict Ethereum Surge to $6600 with ETF Approval

Approval by the SEC of spot exchange-traded funds based on Ethereum could lead to a 75% increase in the asset’s price, reaching $6600. This view was expressed by Bernstein analysts Gautam Chhugani and Mahika Sapra, as reported by DL News. According to their assessment, the approval of spot Bitcoin ETFs in January resulted in a […]

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