Deutsche Boerse’s post-trade unit, Clearstream, announced that it will introduce crypto custody and settlement services for institutional clients later this year. The services will be provided through its majority-owned subsidiary, Crypto Finance, which will act as a sub-custodian. Clearstream’s Offering According to a Bloomberg report, Clearstream will offer custody services for Bitcoin (BTC) and Ethereum […]
The bullish narrative of this cycle has been put to a serious test lately as the cryptocurrency sector continues to sink. Its total market capitalization plummeted below $2.7 trillion, while Bitcoin (BTC), Ethereum (ETH), and many other leading digital assets tanked to multi-month lows. Several hours ago, the primary cryptocurrency collapsed below $77,000 for the […]
Crypto markets have lost more than 12% or almost $400 billion since the Sunday peak, and one of the largest losers has been Ethereum. ETH prices crashed to their lowest levels in 16 months, plunging 15% to $2,035 during early trading in Asia on Tuesday morning. The last time ETH traded below $2,000 was in November 2023, […]
Ethereum has been experiencing a wild crash over the last few days, breaking below several significant support levels. Investors are now wondering when this downtrend will end. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset has been dropping rapidly since breaking below the 200-day moving average, located around […]
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) The market turned bearish and Ethereum has lost its support at $2,400, falling by 21% in the past seven days. This market-wide drop impacted almost all cryptocurrencies with most in double digit losses in the past week. In the […]
On Feb. 25, Aya Miyaguchi announced her transition from Executive Director to President of the Ethereum Foundation (EF), a decision she made a year ago. “These past few weeks have illuminated something profound about Ethereum — a truth that becomes clearest in moments of tension when debates arise over the network’s performance or ETH’s market […]
The Ethereum Foundation has announced the Open Intents Framework (OIF), a modular and open framework designed to improve interoperability across the Ethereum ecosystem. The new standard is developed with the collaboration of over 30 teams which includes Layer 2 networks, wallets, and infrastructure providers. Open Intents Framework According to the official announcement on February 19th, […]
Ethereum prices displayed resilience over the weekend, rapidly bouncing back from a slump following the massive hack of the Bybit crypto exchange. The asset slumped 7% in a matter of hours on Feb. 21, falling from $2,832 to $2,629 in the wake of the $1.4 billion Bybit hack of Ethereum assets. However, ETH tapped $2,800 […]
On Feb. 12, the Chicago Board Options Exchange filed on behalf of asset manager 21Shares to list a spot staked Ethereum ETF. The 19b-4 filed by the Cboe BZX Exchange is for a product called the “21Shares Core Ethereum ETF”, which was previously named ARK 21Shares Ethereum ETF. Its purpose is to allow staking of […]
Following the solid end in January, the spot Bitcoin ETFs have shown some mixed reactions to the macroeconomic uncertainty that started with US President Trump’s tariffs. In contrast, the Ethereum ETFs have enjoyed the past week by registering more net inflows than their BTC counterparts for the first time. Ethereum ETFs See Substantial Demand Recall […]