Ether Leads Crypto Markets Higher After Final Merge Test Goes Live

If Levitin is right, and, more importantly, if the U.S. Securities and Exchange Commission (SEC) shares his view, exchanges that list ether (and that would be nearly all of them) would be subject to more onerous regulatory requirements. Like the bitcoin cryptocurrency, ether has until now been treated as a commodity, outside the SECโ€™s jurisdiction. Source

Ether Tops $1.9K as Ethereum Runs Final โ€˜Mergeโ€™ Rehearsal

CryptoX – Cryptocurrency Analysis and News Portal The native token of the Ethereum blockchain rose to $1,919, the highest since June 1, extending Monday’s rise of nearly 9%, CoinDesk data shows. The ether-bitcoin exchange rate or the ETH/BTC ratio rose to 0.078, a level last seen on Jan. 7, extending the recent bullish breakout. Source The post Ether Tops $1.9K as Ethereum Runs Final ‘Merge’ Rehearsal appeared first on CryptoX. CryptoX Portal

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DeFi Protocol Voltz Could Bring 150% Interest Rate on Ether Deposits

Through these pools, traders can take leveraged bets on a widely predicted post-Merge doubling of annualized staking yields to 8% and higher, merely by depositing the underlying asset, ETH, as margin. Traders donโ€™t need to hold stETH or rETH tokens to enter an interest rate swap contract, as might fit the usual practices employed in traditional money markets. Source

CME Group plans to launch euro-denominated Bitcoin and Ether futures

Major derivatives marketplace Chicago Mercantile Exchange Group aims to launch trading for Bitcoin euro and Ether euro futures contracts starting on Aug. 29. In a Thursday announcement, CME Group said that subject to regulatory review, it plans to launch contracts for euro-denominated Bitcoin (BTC) and Ether (ETH) futures that will be sized at 5 BTC and 50 ETH per contract. Both contracts will be listed on CME, cash-settled, and based on the CME CF Bitcoin-Euro Reference Rate and CME CF Ether-Euro Reference Rate. “Ongoing uncertainty in cryptocurrency markets, along with…