Category: ethereum
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Vitalik Buterin pitches upgrade to Ethereum account abstraction
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Vitalik Buterin, co-founder of Ethereum, proposed a common idea to improve computation abstraction for standard on-chain addresses. This concept is called the Ethereum Improvement Proposal (EIP) 7702 He presents A new transaction method that allows externally owned accounts (EOAs), also known as a physical Ethereum (ETH) account, to perform smart…
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Ethereum (ETH) Capital Inflows Pales in Comparison to Bitcoin (BTC)
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During the ongoing cycle, BTC and ETH have seen increasing divergence in their respective performances. According to Glassnode results, this can be attributed to the overall trend of weaker capital turnover, especially compared to previous cycles and all-time high breakouts. Ethereum is receiving weak capital inflows In the run-up to…
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Ethereum Spot ETF Approval Delayed: SEC Postpones Verdict on Invesco’s Proposal
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Pessimism surrounding the approval of Spot Ethereum ETFs is expected to increase with the US Securities and Exchange Commission (SEC) decision. to choose to delay its decision on the approval process for Invesco Galaxy’s ETH Spot ETF, adding to the uncertainty in the cryptocurrency market. SEC pushes Invesco’s ETF back…
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SEC Further Extends Date for Decision on Invesco Galaxy Spot Ethereum ETF
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The US Securities and Exchange Commission (SEC) has postponed its decision on whether or not to approve the proposed Invesco Galaxy exchange-traded fund (ETF) product for a third time. With the latest delay, the agency has until July 5 to make its final decision on the spot ETF order. The…
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Ethereum Price Recovery In Jeopardy? Decoding Major Hurdles To Upside Continuation
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Ethereum price extended the recovery wave above the $3,120 area. ETH failed to clear the $3,220 resistance level and is currently paring gains. Ethereum price rose further above the $3,150 and $3,200 levels before bears emerged. The price is trading below the $3,120 level and the 100 hourly simple moving…
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Are Ethereum And XRP Securities? Ripple CEO Weighs In On The Debate
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US Securities and Exchange Commission for a long time He was at odds With the cryptocurrency industry, especially regarding the security status of certain cryptocurrencies. Ripple CEO Brad Garlinghouse recently had some strong opinions on the matter that he’s not afraid to share. Speaking in an interview, Garlinghouse noted that…
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Ethereum, altcoins are unregistered crypto securities
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Michael Saylor of Bitcoin Max opined that many alternative cryptocurrencies, such as Ethereum and Ripple, will not achieve institutional acceptance this decade. Michael Saylor, CEO of MicroStrategy, told attendees at the companies’ annual Bitcoin (BTC) event that Wall Street regulators view “everything in the stack” as securities of unregistered crypto…
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SEC, Gary Gensler Viewed Ethereum as a Security for Over a Year, New Filings Reveal
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While Bitcoin has been recognized as a commodity, the same cannot be said for Ethereum’s status, which has been more ambiguous due to its initial coin offering (ICO) in 2014. However, a new report suggests that the Securities and Exchange Commission (SEC) and its chairman, Gary Gensler, seem to have…