XRP price tags 10-month high — Can a 35% pullback be avoided?
A U.S. regulator called Bitcoin, Ether, and Litecoin commodities in its court filing against Binance. It did not mention XRP anywhere.This post was originally published on this site
Nasdaq Aims to Launch Crypto Custody Services in Second Quarter
Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto sector which saw the collapse of some major players. Stock Exchange Nasdaq Seeks Regulatory Approval […]
CFTC Chair Insists Ether Is a Commodity, Not a Security as Claimed by SEC Chairman
The chairman of the Commodity Futures Trading Commission (CFTC) has insisted that ether is a commodity, not a security as claimed by the chairman of the Securities and Exchange Commission (SEC). The CFTC chief stressed that the derivatives watchdog would not have allowed ether futures products to be listed on CFTC-regulated exchanges “if we did […]
Reddit co-founder bought 50,000 Ether during presale for $15K
Alexis Ohanian is extremely bullish on cryptocurrency, using the proceeds from his early Ether investment to start a crypto-focused venture capitalist firm.This post was originally published on this site
Coinbase staking ‘fundamentally different’ to Kraken’s — chief lawyer
After the SEC’s crack-down on Kraken, Coinbase’s legal head outlined the differences between Kraken’s staking product and its own.This post was originally published on this site
Friendsies NFT creators deny ‘abandoning’ project amid rug pull allegations
The Friendsies NFT collection responded to accusations it was behind a $5 million rug pull after announcing a “pause” of the project.This post was originally published on this site
Ethereum’s deflation accelerates as Shanghai upgrade looms — Can ETH price avoid a 30% drop?
A deflationary Ethereum supply does not necessarily mean a bullish market for ETH, at least in the near term.This post was originally published on this site
Ethereum price prints ‘death cross’ after losing 13% versus Bitcoin from 2023 peak
ETH price is in danger of losing another 20% versus Bitcoin by March, based on a mix of technical and fundamental indicators.This post was originally published on this site
Ethereum Liquid Staking Trend Continues to Swell; 5 Platforms Control 97% of Market
As of Feb. 7, 2023, the value locked in 11 Ethereum-based liquid staking protocols has risen above $11 billion, with Lido, Coinbase, and Rocket Pool recording 4-10% gains over the past month. Lido holds more than 73% of the total value locked (TVL) out of the 6.87 million ether held by the 11 liquid staking […]
Ethereum to Reach Peak of $2,474 Per Token in 2023, Finder’s Survey of Crypto and Fintech Experts Reveals
Seven days ago, finder.com, a product comparison website, published a forecast report based on predictions from several crypto and fintech experts, predicting bitcoin’s year-end price for 2023. Following the bitcoin price prediction report, Finder released another survey focused on ethereum, the second-largest crypto asset in terms of market capitalization. Finder specialists believe ethereum will reach […]