Compound Finance Faces Controversy Over $24 Million Proposal
TLDR Compound Finance passed a controversial proposal allocating $24 million worth of COMP tokens to a new vault The proposal...
Ethereum News
Ethereum ETFs Experience Net Outflows on Second Trading Day
TLDR Spot Ethereum ETFs experienced net outflows of $113-133 million on their second day of trading. Grayscale’s Ethereum Trust (ETHE)...
Ethereum Price Dips Following ETF Launch and Market Pressures
TLDR Ethereum (ETH) price dropped over 7.5%, trading above $3100. Grayscale’s Ethereum Trust ETF (ETHE) experienced significant outflows of over...
Crypto Market Dips as Global Stocks Decline
TLDR Bitcoin price dropped from $65,500 to around $64,000 in early Asian trading hours. Over $250 million in bullish bets...
$484 Million Outflow from Grayscale’s Ethereum Trust on ETF Launch Day
TLDR Grayscale’s Ethereum ETF (ETHE) saw $484 million in outflows on its first day of trading. BlackRock’s Ethereum ETF (ETHA)...
Ethereum ETFs Launch in US with $1 Billion First-Day Trading Volume
TLDR Spot Ethereum ETFs launched in the US on July 23, 2024, with nine funds trading on their first day....
Ethereum Price Stable Above $3,500: Key Resistance Levels Ahead
TLDR Ethereum’s price is currently trading above $3,500 and the 100-hourly Simple Moving Average. There are key resistance levels at...
Grayscale Transfers $1 Billion in Ethereum Ahead of ETF Debut
TLDR Grayscale transferred $1 billion worth of Ethereum to Coinbase Prime ahead of Ethereum ETF trading debut. The first spot...
Ethereum ETFs Approved: Trading Begins July 23, 2024
TLDR Spot Ethereum ETFs have received final approval from the SEC to begin trading on Tuesday, July 23, 2024. Several...
Tornado Cash Deposits Surge to $1.9 Billion in 2024 Despite Sanctions
Key points: Tornado Cash has seen a resurgence in 2024, with $1.9 billion in deposits in the first half of...
Polygon Announces MATIC to POL Token Migration for September 4
TLDR Polygon will migrate from MATIC to POL tokens on September 4, 2024. The upgrade is part of Polygon’s 2.0...
21Shares Announces 0.21% Fee for Ethereum ETF, Offers Temporary Waiver
TLDR 21Shares has set a management fee of 0.21% for its Ethereum ETF (CETH). The company plans to waive fees...
Ethereum Developer Jailed for North Korea Visit has Sentence Reduced by 7 Months
TLDR Former Ethereum developer Virgil Griffith’s prison sentence has been reduced by 7 months. Griffith was originally sentenced to 63...
Ethereum Co-Founder Vitalik Buterin Cautions Against Single-Issue ‘Pro-Crypto’ Voting
TLDR Vitalik Buterin warns against choosing political allegiances solely based on a candidate’s ‘pro-crypto’ stance. He emphasizes the importance of...
Ethereum (ETH) to Rally Over $5k With Upcoming ETF Launches & Other Key Factors
TLDR Matt Hougan, CIO of Bitwise, predicts Ethereum will reach $5,000 after ETF launches. Hougan cites Ethereum’s low inflation rate,...
