Gary Gensler defers question about his stance on Ethereum - African News - News

Gary Gensler defers question about his stance on Ethereum

The Ambiguous Regulatory Status of ethereum: Gary Gensler’s Cautious Approach During a recent interview on Bloomberg TV, Gary Gensler, the Chair of the United States Securities and Exchange Commission (SEC), declined to offer a definitive answer regarding ethereum’s classification as a Website security. The SEC has been evaluating various applications for spot ethereum Exchange-Traded Funds…

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Ethereum’s $102M transfer to Binance sparks speculation amid surging prices - Ethereum News - News

Ethereum’s $102M transfer to Binance sparks speculation amid surging prices

A Massive ethereum Transfer Worth $102.18 Million Surfaces on Binance: What Does It Mean for the Cryptocurrency Market? In a noteworthy development within the cryptocurrency-rug-pull-candy-token-plummets/” target=”_blank” rel=”noopener”>cryptocurrency market, Whale Alert data has unveiled an extraordinary transaction involving a transfer of 26,889 ethereum (eth) tokens, equivalent to a mind-boggling $102.18 million, to the globally recognized crypto…

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Ethereum’s Dencun upgrade draws close as fees debate continues - African News - News

Ethereum’s Dencun upgrade draws close as fees debate continues

The much-anticipated ethereum network upgrade, Dencun, scheduled for March 13, is set to bring about a transformative shift in the blockchain‘s landscape, even though it may not have garnered the same level of attention as previous upgrades such as the transition to proof-of-stake in 2022. According to industry experts like Karl Floersch, CEO of OP…

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Ethereum Foundation liquidates $13 million in assets amidst market uptrend - Ethereum News - News

Ethereum Foundation liquidates $13 million in assets amidst market uptrend

The ethereum Foundation’s Unexpected Move: Implications for the Cryptocurrency Market In a surprising turn of events, the ethereum Foundation, a key player in the ethereum ecosystem with significant influence, has announced its intention to sell off approximately $13 million worth of ethereum assets. This decision has left the cryptocurrency community abuzz with speculation and debate…

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Sun’s $100M Transfer to Binance Hints at Ethereum Accumulation - African News - News

Sun’s $100M Transfer to Binance Hints at Ethereum Accumulation

Justin Sun, the co-founder of tron, a decentralized application platform, has once again grabbed the attention of the crypto community following significant financial transactions. According to recent data from Lookonchain, Sun transferred a massive 100 million usdt to the popular cryptocurrency exchange Binance. This transfer comes after a series of high-volume transactions from Sun, hinting…

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Blast Launches Mainnet, Securing $2.3 Billion in Ether and Stablecoins - African News - News

Blast Launches Mainnet, Securing $2.3 Billion in Ether and Stablecoins

Blast: A New Layer 2 Blockchain on ethereum Empowering Users with Passive Asset Growth Blast, a groundbreaking layer 2 blockchain built upon the ethereum network, has recently initiated its mainnet launch with an intriguing feature for users: the potential to earn rewards directly on their Ether and stablecoin holdings. Known as an optimistic rollup, this…

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Blast Launches Mainnet, Securing $2.3 Billion in Ether and Stablecoins - African News - News

Blast Launches Mainnet, Securing $2.3 Billion in Ether and Stablecoins

Blast: A New Layer 2 Blockchain on ethereum Revolutionizing Asset Growth through Optimistic Rollups Blast, a groundbreaking layer 2 blockchain built on ethereum, has recently initiated its mainnet launch, bringing with it an innovative feature that sets it apart: the opportunity for users to earn rewards directly on their Ether and stablecoin holdings. Known as…

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Donald Trump’s Ethereum Holdings Surge as TRUMP Meme Coin Skyrockets - African News - News

Donald Trump’s Ethereum Holdings Surge as TRUMP Meme Coin Skyrockets

The cryptocurrency holdings of former President Donald J. Trump have seen a significant increase, according to recent data from blockchain analytics firm Arkham Intelligence. The surge in Trump’s crypto assets is largely due to the meteoric rise of the MAGA (TRUMP) meme coin, which has propelled his ethereum wallet’s balance to approximately $6.4 million. Approximately…

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Why we believe the SEC will delay spot Ethereum ETFs for a long time - Ethereum News - News

Why we believe the SEC will delay spot Ethereum ETFs for a long time

Title: The Anticipated Journey of Spot ethereum Exchange-Traded Funds (ETFs) in the Financial Markets: Navigating Regulatory Hurdles with Caution and Hope The road to introducing spot ethereum Exchange-Traded Funds (ETFs) into the financial markets is a complex and intriguing journey, filled with excitement, guesswork, and an immense amount of uncertainty. At the heart of this…

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Bitwise analyst sees equal odds for Ethereum ETF approval - African News - News

Bitwise analyst sees equal odds for Ethereum ETF approval

In a recent conversation with Yahoo Finance, Ryan Rasmussen, a researcher at Bitwise, provided insights into the evolving landscape of cryptocurrency Exchange-Traded Funds (ETFs), with a specific focus on the prospects of spot ethereum ETFs receiving approval from the U.S. Securities and Exchange Commission (SEC). This discussion holds significant importance as the financial industry eagerly…

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Ethereum futures open interest hits $10.6 billion amid speculation of spot ETF approval - Ethereum News - News

Ethereum futures open interest hits $10.6 billion amid speculation of spot ETF approval

The recent surge in anticipation for a potential approval of an ethereum exchange-traded fund (ETF) by the United States Securities and Exchange Commission (SEC) has led to a significant increase in ethereum futures open interest, reaching an impressive $10.6 billion. This development comes as Ether (eth) prices continue to rise, having jumped by 38.5% over…

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