ETH ETF Trading Ideas: Detailed Analysis of the Best ETH Trading Strategies
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Ethereum prices surged to a 2-month high of $3,700 today as analysts significantly increased their expectations for a potential approval of a spot Ethereum ETF.
The Committee, led by Chair Patrick McHenry and supported by twenty other members, has conveyed their concerns to Gary Gensler, Chair of the Securities and Exchange Commission (SEC), and Robert Cook, President and CEO of the Financial Industry Regulatory Authority (FINRA).
Prometheum, a company whose co-CEO says that new crypto-specific financial laws are not necessary in the U.S., has become a lightning rod for crypto advocates. The Blockchain Association, a large industry trade group, demanded an internal investigation into approval of the company’s special purpose broker dealer license by the SEC in May.
Republican lawmakers, led by Sen. Tommy Tuberville, want the Justice Department and Securities and Exchange Commission to look into Prometheum’s statements around Chinese investment. The company became subject of increased scrutiny after its co-CEO testified before a House committee last month, arguing that digital asset firms can operate within current securities laws.
On February 21st, 2023, LayerZero launched a bridge between mainnet ETH and Goerli testnet ETH.
Ethereum's Zheijang testnet will launch on Feb. 1, 2023 to pave the way for testing withdrawals of staked ETH and several other performance-related improvements.
The myth of "ETH killers" — why demand for blockchains will always outpace supply 🧵 For every important computing resource in history demand has outpaced supply. This includes CPUs, GPUs, memory, storage, and both wired and wireless bandwidth. The core dynamic of computing movements is a mutually reinforcing feedback loop between applications and infrastructure.
(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) I’m currently reading Alchemy of Finance by George Soros, and it inspired me to…
The ETH 2.0 deposit contract can only be unblocked after the PoS transition, postponed to the latter half of the year.