Investors committed nearly 20% of all ETH tokens to lock up in staking contracts, according to blockchain data. Source
Ether Staking Ratio Nears Key Milestone as Inflows Slow Amid Regulatory Pressures
Tag: Ether
Marex Unveils Volatility-Adjusted Long Strategy Tied to Bitcoin (BTC), Ether (ETH)
While crypto propounders hail bitcoin as a safe haven asset, the empirical evidence suggests otherwise, with the top cryptocurrency chalking out major rallies during sustained weakness in the U.S. dollar. The dollar, meanwhile, remains a hedge against systematic uncertainty, acting as a haven during times of stress in both crypto and wider markets. Source
UK’s Digital Securities Consultation Will Examine DLT Bonds and Equities, not Bitcoin (BTC) and Ether (ETH)
The relaxation will in the first instance operate for a period of up to five years, and would apply as a minimum to digital equities, bonds and money market instruments – but not to derivatives, or to unbacked crypto, such as bitcoin (BTC) and ether (ETH), as officials point to an evolving regulatory framework. Original
Ether price charts reflect weakness, but inflow to LSDFi could prevent an ETH sell-off
Ether has been on a downward trend, with the $2,000 level forming a crucial resistance level in recent months. While Bitcoin (BTC) recorded 11.94% gains, moving past $30,000 in June after BlackRock filed an application for an exchange-traded fund with the Securities and Exchange Commission in the United States, the upside in Ether (ETH) stayed around 3.16%. In the first week of July, buyers attempted to move the price past crucial resistance at around $1,900. However, a failed breakout exposed the price to further correction. The Ethereum network also witnessed a decline in…
Aave Holders Vote on Proposal for DeFi Protocol to Convert 1,600 Ether Into wstETH and rETH
Holders of Aave, the token that underpins its namesake’s decentralized finance (DeFi) protocol, are taking part in a governance vote that will decide whether 1,600 ether (ETH) in the protocol’s treasury will be converted to wrapped staked ether (wstETH) and rocket pool ether (rETH). Source
Ether whale moves 3k ETH to Binance
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied An ethereum trader that recently made a $4.49 million profit by trading ETH on the Binance exchange has just transferred 3,000 ETH to the exchange again. Ether trader moves value The global cryptocurrency markets have seen a resurgence in recent weeks, overcoming the widespread FUD triggered by the U.S. SEC’s enforcement actions against several market participants. Ethereum (ETH), the world’s second-largest cryptocurrency, has also witnessed strong bullish momentum this week, hitting a high of over $1,976…
Traders Place Big Bets on Ether for Second Half of 2023
Ether, the token of the Ethereum blockchain, jumped 61% in the first six months of the year. Traders are now betting the rally could extend in the second half. On Friday, an investor purchased roughly 63,250 “bull call spreads” tied to ether and due for expiry on Dec. 29, according to data source Amberdata. The trade involved the sale of a call option at the $2,500 strike price to partly fund the purchase of a call option at the $1,900 strike. The strategy cost an initial $10 million because the…
AzukiDAO Votes on 'Reclaim' of 20K Ether After Botched Elementals NFT Mint
“We have only been given a similar profile picture to that of the original Azuki holders,” the DAO proposal reads. Source
Hong Kong’s HSBC Allows Customers to Trade Bitcoin, Ether ETFs but That’s Not Really News
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HSBC Allows Hong Kong Users Trade Bitcoin And Ether ETFs On Local Stock Exchange
Summary: Hong Kong’s largest bank HSBC now lets users trade Bitcoin (BTC) and Ether (ETH) ETFs available on the local stock exchange. Three of these exchange-traded funds are available on Hong Kong’s stock exchange including CSOP Bitcoin Futures ETF, CSOP Ethereum Futures ETF, and Samsung Bitcoin Futures Active ETF. The move follows the introduction of a crypto licensing regime introduced in the Chinese special administrative region meant to pull digital asset businesses into the region and set up a global crypto hub. Hong Kong’s largest bank HSBC officially enabled the…