Tag: Ether

Crypto Observers Decode Large Block Trade in Ether Options

CryptoX is a multi-platform publisher of news and information. CryptoXtrade has earned a reputation as the leading provider of cryptocurrency news and cryptomarket analysis, bitcoin and other cryptocurrencies, blockchain technology, finance and investments. CryptoXtrade have become a known leader in the cryptocurrency information market. We work only with trusted information sources providing latest financial and technological innovations that improves the quality of life of CryptoX readers by focusing on Cryptocurrency and Blockchain. CryptoX Portal

Investors Track Pepecoin (PEPE) Whales Amid Meme Coin Mania as Bitcoin (BTC), Ether (ETH) Stagnate

boss

This wasn’t the only example. Bizarrely named meme tokens like RIBBIT, BOB, JEFF and WEN all experienced massive spikes in volume over the weekend. Amid this rush into meme coins, overall volume on Uniswap’s decentralized exchange surged to $150 million an hour at numerous points on Saturday, way up from the typical $16 million to $30 million, according to Dune Analytics. Original

UK Treasury Committee Wants Unbacked Crypto Like Bitcoin and Ether to be Regulated Under Gambling Rules

“With no intrinsic value, huge price volatility and no discernible social good, consumer trading of cryptocurrencies like bitcoin more closely resembles gambling than a financial service, and should be regulated as such,” Harriett Baldwin, member of Parliament and chair of the Treasury Committee said in the statement. “By betting on these unbacked ‘tokens,’ consumers should be aware that all their money could be lost.” Source

SEC Can’t Seal Docs Tied to Hinman’s Ether Speech, Judge in Ripple Suit Rules

“As Judge Netburn found in her order dated January 13, 2022, the Hinman Speech Documents are not protected by the deliberative process privilege because they do not relate to an agency position, decision, or policy,” Torres wrote. “Therefore, sealing these documents would not be related to preserving ‘openness and candor’ within the agency, nor would such an interest be substantial enough to outweigh the strong presumption of public access.” Source

Bitcoin $BTC, Ether $ETH Prices Stuck in ‘Wind Tunnel’

Bitcoin (BTC) was trading over $27,000, recovering some lost ground after its plunge last week. This came as crypto exchange Binance announced that it would cease operations in Canada, citing the challenging regulatory environment. Dunleavy Investment Research crypto strategist Tom Dunleavy shared his markets analysis. Separately, EY Global blockchain leader Paul Brody discussed the professional services giant starting an Ethereum-based platform for enterprises to track their carbon emissions and carbon credit traceability. Christoph Jentzsch, corpus.ventures CEO and Slock.it founder, also joined the conversation. Source