Ethereum | ForkLog

ForkLog 6 25.06.2024

Bernstein Predicts Lower Demand for Ethereum ETFs

Spot exchange-traded funds (ETFs) based on Ethereum are expected to see less demand compared to their Bitcoin counterparts due to the absence of staking. This is according to a report by CoinDesk, citing Bernstein. Analysts believe that upon the launch of ETH-ETF trading, funds will be attracted from the same interested parties, albeit on a […]

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ForkLog 9 24.06.2024

Ethereum Foundation Alerts to Email Phishing Attack

The Ethereum Foundation has reported a breach of its account on the SendPulse mailing service, which allowed hackers to initiate targeted phishing emails. The announcement was made by blockchain developer Tim Beiko. Confirming we managed to send out an update. We should have locked down all external access, but still confirming. https://t.co/QJJPSW2fuY pic.twitter.com/sqmL4EmJbc — timbeiko.eth […]

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ForkLog 9 24.06.2024

Options Market Bets on Ethereum Reaching $4000 by September

The derivatives market is showing significant interest ($158.5 million) in Ethereum call options priced at $4000, set to expire in September, according to data from Deribit. Open interest in Ethereum options expiring on September 27. Source: Deribit. At the time of writing, the second-largest cryptocurrency by market capitalization is trading at $3300, having lost 8.5% […]

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ForkLog 7 24.06.2024

Bitcoin Dips Below $63,000: Expert Opinions and Market Forecasts

Bitcoin whales have slowed their transactional activity and shifted to a “risk-off” mode as the market retreats. An expert predicts Ethereum could fall to $2400 following the launch of ETFs, as these instruments may not meet investor expectations. As the leading cryptocurrency fell below $63,000, whales reduced their activity in the derivatives market, according to […]

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ForkLog 7 22.06.2024

Ethereum ETF Issuers Submit Updated Filings to SEC

BlackRock, VanEck, Franklin Templeton, Grayscale Investments, Invesco Galaxy, and 21Shares have submitted updated applications for spot Ethereum ETFs to the SEC. This was reported by The Block. VanEck set its fees at 0.2%, while Franklin Templeton set theirs at 0.19%. Other issuers have yet to disclose the fees for their products. VanEck is in and […]

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ForkLog 12 20.06.2024

QCP Capital: Options Market Bets on Ethereum’s Rise to $4800

Despite uncertainties surrounding the approval timeline for an ETH-ETF, a demand capturing 10-20% of inflows into BTC-ETF could push Ethereum’s price past $4000, with a subsequent rise to $4800. This scenario is reflected in the options market, according to QCP Capital. QCP: Despite uncertainty around the reception of the ETH ETF, capturing 10-20% of Bitcoin […]

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ForkLog 11 19.06.2024

Ethereum’s Implied Volatility Deemed Overstated by Expert

The wide spread between the implied volatility indices (DVOL) of Ethereum and Bitcoin may be “unjustified,” as expectations for a spot ETH-ETF are overly optimistic. This is according to a report by CoinDesk, citing Amberdata. The gap between the 30-day DVOL of the two largest cryptocurrencies has been widening since April in favor of Ether. […]

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ForkLog 13 19.06.2024

Hashdex Proposes Dual Bitcoin and Ethereum ETF

Asset manager Hashdex plans to launch a spot exchange-traded fund (ETF) that simultaneously holds Bitcoin and Ethereum. The proposal was published by Nasdaq in a 19b-4 form. The product will be named the Hashdex Nasdaq Crypto Index US ETF. According to the application, the instrument will also hold cash. If approved, Coinbase Custody Trust and […]

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ForkLog 18 19.06.2024

SEC Concludes Investigation into Ethereum’s Status

The regulator has closed its investigation into Ethereum 2.0. ETH-ETF issuers described recent S-1 application adjustments as “light”. The Enforcement Division of the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Ethereum 2.0, according to a statement from ConsenSys. ETHEREUM SURVIVES THE SEC. Today we’re happy to announce a major win for […]

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ForkLog 9 17.06.2024

Ethereum Ecosystem’s TPS Reaches New Heights

On June 16, the total transactions per second (TPS) of Ethereum-based projects surged to a record 245.87. Source: L2BEAT. This equates to approximately 21.2 million operations per day. Of this total, around 41% was contributed by the third-level solution Xai, based on the L2 network Arbitrum. Until June 10, the protocol’s TPS occasionally exceeded one […]

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ForkLog 7 15.06.2024

Launch of Spot Ethereum ETFs Delayed, Analyst Reports

Bloomberg analyst Eric Balchunas has reported a delay in the launch of spot Ethereum ETFs to July 2, following feedback received by issuers on their S-1 forms. Note: our previous over/under was July 4th so this isn’t major shift but 1) we startted to feel like it would take longer so this is kinda good […]

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ForkLog 6 14.06.2024

Ethereum Holders Accumulate Near-Record Amount of Coins Post-Fed Meeting

On June 12, Ethereum holders added 298,000 ETH (~$1.34 billion) to accumulating addresses, marking the second-highest daily amount in history, according to CryptoQuant. Ethereum demand has spiked. Buying by permanent holders was the second highest on record yesterday: 298K ETH. The record daily buying was last September 11: 317K ETH. pic.twitter.com/0qMVpNU8ht — Julio Moreno (@jjcmoreno) […]

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