SOL is often cited as a contender to replace ETH eventually. This week’s market action shows how Herculean the task would be. Author: Omkar Godbole
Archives for May 2024
Cboe Publishes Amended Spot Ether ETF Filings as Industry Renews Approval Hopes
Cboe, an exchange associated with five of the issuers of a potential spot ether exchange-traded fund (ETF), published its amended 19b-4 filings in response to feedback from regulators. The applicants include Fidelity, VanEck, Invesco/Galaxy, Ark/21Shares and Franklin Templeton. Author: Helene Braun, Nikhilesh De
Ether Rally Prompts Over $300 Million ETH Inflow to Crypto Exchanges: Nansen
The fast move likely signals short-term profit taking after ether’s rapid 30% rally, one observer noted. Author: Krisztian Sandor
Crypto Derivatives DEX Aevo’s Token Jumps 10% as Binance Labs Discloses Investment
AEVO hit $0.9, its highest price since mid-May. Even so, it’s still nearly 70% below where it started trading in March at around $3. Author: Krisztian Sandor
Hex Trust Issues First Native Stablecoin on Layer-1 Blockchain Flare
Hex Trust Group has issued USDX, the first native stablecoin on layer-1 blockchain Flare, according to a press release. Author: Oliver Knight
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