Ethereum ETF Approval Coming Sooner Rather Than Later, Says Coinbase – Decrypt

spot Ethereum Despite growing pessimism from industry observers, Coinbase says exchange-traded funds (ETFs) could come to market sooner than expected. On this week’s note, America’s largest cryptocurrency exchange Said “While there is uncertainty about timely approval given the SEC’s apparent silence on issuers,” it says it is only a matter of time before such products […]
DOJ accuses two MIT grads of Ethereum heist that netted $25 million – The Verge

Two brothers were taken into federal custody Tuesday after allegedly stealing about $25 million worth of cryptocurrency in just a few seconds. In the “first-ever operation” of the Ethereum blockchain. Brothers Anton and James Perer Bueno studied mathematics and computer science at MIT and are using the skills they learned at “one of the most […]
MIT-educated brothers accused of stealing $25 million in cryptocurrency in 12 seconds in Ethereum blockchain scheme – CBS News

Washington — Two brothers from New York and Boston were taken into federal custody on Tuesday for a novel crime of stealing about $25 million in virtual currency from a commonly used blockchain, according to a newly unsealed indictment. He was accused by prosecutors of devising the plan. Anton Perer-Bueno and James Perer-Bueno were charged […]
Ethereum ETFs see declining interest: What does it mean for the future? – AMBCrypto News

The decline in ETH on-chain trading volume indicates that interest is waning ahead of the ETF ruling. A financial institution predicted a delay for Ethereum ETFs, but not a complete rejection. Several big events are scheduled to take place by the end of May. But if there’s one thing that the crypto community puts at […]
Can Ethereum bulls take bears out of the market? – AMBCrypto News

A positive reading on the bulls and bears indicators suggests that the price may move higher. The Ethereum network is overvalued and could derail any potential upside. ethereum price [ETH] It may have declined by 7.30% in the past 24 hours, but an assessment of key indicators suggests that the decline may end soon. The […]
Why the US election will decide the fate of Ethereum ETFs – DLNews

Ethereum Spot ETF is likely to be rejected on May 23rd. Even if this strategy were successful in issuing a Bitcoin ETF, the would-be issuer would probably not sue the SEC. The US presidential election may hold the key to approval. The Securities and Exchange Commission will likely deny the Ethereum Spot ETF application on […]
Solana beats Ethereum in key areas: Are investors turning away from ETH? – AMBCrypto News

Solana has surpassed Ethereum in terms of fees paid to validators. As the price of ETH has fallen, its usage on the Ethereum network has decreased. Popularity of Solana [SOL] The network helped attract a large number of users, and therefore an increase in activity on the network was observed. Gasoline is charged Due to […]
Toncoin Spikes on Notcoin Rollout as Bitcoin, Ethereum Trade Flat – Decrypt

Toncoin, the native cryptocurrency open network (TON) was one of the biggest gainers in the cryptocurrency market on Thursday amid news of an announcement regarding one of the network’s most anticipated tokens. And it comes as the two largest coins overall, Bitcoin and EthereumI haven’t moved much in the past day. In the last 24 […]
Bitcoin vs Ethereum: How they have fared since January’s ETF approval – AMBCrypto News

Ethereum has recorded lower capital inflows compared to Bitcoin since January. Long-term holders of ETH are waiting for it to reach new all-time highs. Major altcoin Ethereum [ETH] Performance is poor compared to Bitcoin [BTC] Since January, Glassnode has been found in a new location report. According to on-chain data providers, BTC has seen significant […]
Ethereum below $3K! Short positions surge, where will ETH go from here? – AMBCrypto News

ETH was trading at $2,999 at the time of writing. Ethereum’s cumulative short interest has increased to more than $800 million. After Ethereum experienced a price decline on May 7th, [ETH] Liquidation of long positions increased further. As a result, more traders opted for short positions. As a result of this increase in short selling […]