The much-debated crypto broker says it’s poised to start its SEC-compliant custody with ETH, then will soon add other names and begin a trading operation within months.
The temporary lift comes as restaking on Ethereum is booming despite warnings from developers that it might strain the network.
A new study by the on-chain sleuth found possible pump and dump patterns for 54% of tokens listed in 2023.
The British bank expects the SEC will treat spot ether ETF applications similarly to bitcoin ETFs and anticipates approvals on May 23.
Grayscale and BlackRock are among the companies trying to bring spot ether ETFs to market.
The way ether options are priced suggests investor preference for bets that prices will fall, contradicting the bullish outlook presented by some analysts.
The aim of the program is to continue the “growth of the pop-up city movement” and “support technology-driven projects,” according to a post on Gitcoin.
The latest price moves in crypto markets in context for Jan. 19, 2024.
The ether- bitcoin ratio has risen 19% in the first three weeks of the year, taking back part of last year’s 25% slide.
Larry Fink has been talking up a spot ether ETF, but index provider CF Benchmarks sees a conundrum when it comes to selling that product.