Ethereum | ForkLog

ForkLog 9 29.01.2024

Analysts Doubt Approval of Ethereum ETF Before 2026

The U.S. Securities and Exchange Commission (SEC) is expected to approve an ETF based on the spot price of Ethereum by late 2025 or early 2026, according to investment bank TD Cowen, reports The Block. Analysts believe a positive decision from the SEC is unlikely this year. “This is a political call. We believe SEC […]

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ForkLog 6 27.01.2024

Grayscale Predicts Possible Approval Timeline for Ethereum ETF

The U.S. Securities and Exchange Commission (SEC) is likely to approve an ETF based on the spot price of Ethereum by the summer of 2024, according to Craig Salm, head of the legal department at Grayscale. As @CraigSalm explained on @BizBriefing earlier this month, we believe that uplisting $ETHE to a spot Ethereum ETF is […]

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ForkLog 22 26.01.2024

Polygon Matches Ethereum in New User Growth

In 2023, the Polygon project recorded 15.24 million new accounts, while Ethereum registered 15.4 million, according to a report by Flipside. Here are a few surprises we discovered: — @0xPolygon had almost as many acquired users in 2023 as @ethereum — Super users (100+ txs) bought more NFTs than they sold — 85% of wallets […]

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ForkLog 52 25.01.2024

SEC Delays Decision on BlackRock’s Spot Ethereum ETF

The SEC has postponed its decision on BlackRock’s spot Ethereum ETF application until March 10. SEC Chair Gary Gensler reminded that the approval of a spot Bitcoin ETF was limited to just one cryptocurrency. Optimistic experts anticipate Ethereum ETF approval in May with a 50-70% probability, while skeptics point to regulatory resistance. SEC has postponed […]

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ForkLog 6 24.01.2024

CoinShares Analysts Predict Bitcoin Surge to $58,700

Approval of a spot Bitcoin ETF and the anticipated easing of the Fed’s monetary policy in the first half of 2024 will drive the price of digital gold to approximately $58,700, according to CoinShares analysts in their annual report. The experts presented a matrix showing the correlation between inflows as a percentage of AUM for […]

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ForkLog 16 24.01.2024

Shift in Interest Towards Altcoins Following ETF Approval

The approval of spot Bitcoin ETFs has become a classic “sell the news” event, leading to a capital rotation into Ethereum, Solana, and altcoins in general. This trend was analyzed by Glassnode. Analysts noted that after the collapse of FTX, Bitcoin’s dominance increased from 38.9% to 49.8% at the expense of stablecoins (whose share fell […]

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ForkLog 16 24.01.2024

Hester Peirce Advocates for Spot Ethereum-ETF Approval Without Court Ruling

Hester Peirce believes a court ruling is unnecessary for the approval of spot Ethereum-ETFs. The chances of product approval in May are estimated at 50-70%. SEC sources suggest that Chairman Gary Gensler may eventually relent and not obstruct the instrument’s registration. Spot Ethereum-ETFs do not require a court ruling for approval, according to SEC Commissioner […]

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ForkLog 10 23.01.2024

Dencun Hard Fork Set to Influence Ethereum Emission Dynamics

The upcoming Dencun (Cancun-Deneb) upgrade may impact the emission dynamics of the second-largest cryptocurrency by market capitalization, suggested CoinShares researcher Luke Nolan, as reported by The Block. The upgrade introduces several changes to the system, including EIP-4844. It incorporates the Proto-Danksharding option, aimed at scaling the network by creating a new type of transaction for […]

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ForkLog 17 22.01.2024

Nethermind Resolves Critical Bug in Ethereum Client

The development firm Nethermind has resolved a critical bug in the Ethereum execution client that caused failures during block processing by validators. According to the company’s co-technical director, Daniel Cadel, the consensus bug affected software versions from 1.23 to 1.25. All node operators are advised to upgrade to release 1.25.2. We have the fix! Please […]

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ForkLog 27 18.01.2024

MetaMask Explores New Ethereum Interaction Model

The team behind the non-custodial wallet MetaMask is testing a “transaction routing” technology that could revolutionize value transfer on the Ethereum network, reports CoinDesk. The publication learned about the new solution from the app’s developers. Without disclosing further details, the information was confirmed by the parent company ConsenSys. The technology relies on the concept of […]

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ForkLog 15 18.01.2024

Ethereum Set to Outpace Bitcoin in Price Growth, Analysts Say

In the medium term, Ethereum is expected to surpass Bitcoin in price growth as market participants anticipate the approval of a spot ETF for the second-largest cryptocurrency by market capitalization in the United States. This is according to a report by QCP Capital.

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ForkLog 10 17.01.2024

Morgan Creek CEO Skeptical of Imminent Approval for Spot Ethereum ETFs

SEC is unlikely to approve spot Ethereum ETFs in the near future, despite optimism following the approval of similar Bitcoin products in the U.S. This was stated by Morgan Creek Capital CEO Mark Yusko in an interview with Cointelegraph. Previously, Bloomberg exchange analyst Eric Balchunas suggested a 70% likelihood of approval for several Ethereum fund […]

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