Tag: ETH

‘Nowhere near a top’: Framework’s Vance Spencer on institutional adoption and the memecoin mania

‘Nowhere near a top’: Framework’s Vance Spencer on institutional adoption and the memecoin mania

In Vance Spencer’s view, the market is completely undercounting the amount of capital that’s about to move into the crypto world from institutional investor circles.  The co-founder of the $1 billion-plus investment firm Framework Ventures would have a good sense of that trajectory, considering how Framework wrapped up a $100 million fundraise for a new […]

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ETH Balance on Exchanges Touch 2 Year Low, What’s Next?

Ether ($ETH), the second-largest cryptocurrency by market cap has been on a phenomenal run over the past couple of weeks and reached a new ATH of $4,197 yesterday. Amid growing demand from institutions and record market dominance currently above 19%, the ETH balance on centralized exchanges dipped to a 2-year low. The continuous dip in […]

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Ethereum Skyrockets Past $4K Tapping a New ATH, Ether Dominance Jumps to 20%

The price of ethereum, the second-largest crypto asset in terms of market valuation, touched an all-time high (ATH) on Monday, capturing $4,246 per unit. Ethereum has been on a tear during the last year against the U.S. dollar, gaining a whopping 2,129% in 12 months. Ethereum Captures Fresh Price Highs, ‘Flippening’ Begins to Trend Ethereum […]

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Decentralized exchange aggregator ParaSwap raises $3 million in new funding

ParaSwap, a decentralized exchange (DEX) aggregator, has raised $3 million in a seed extension round. The round was led by Blockchain Capital, White Star Capital, and DeFi Alliance, with participation from Andre Cronje, founder of Yearn Finance; Michael Egorov, founder of Curve Finance; and Fredrik Haga, founder of Dune Analytics. With fresh capital at hand, […]

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One of Africa’s Oldest Wildlife Conservancies Accepts Crypto Donations

One of Africa’s biggest wildlife conservancies, the Virunga National Park, which is situated in the Democratic Republic of Congo (DRC), says it now accepts donations via cryptocurrency. It says such donations will be used in helping to protect DRC’s famed “mountain gorillas and the ecosystems they inhabit.” Tax Efficient Way to Support Virunga In a […]

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Analyst Explains Why Ethereum Is Rallying, Hitting All-Time Highs

Investment management firm Ark Invest has highlighted three reasons why the price of ethereum has been hitting record highs. The firm cited increased institutional interest, strong on-chain signals, and imminent protocol upgrades as the key reasons. Why Ethereum Has Been Going Up ARK Investment Management, also known as Ark Invest, published a research note last […]

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Asian Auction House Phillips Will Accept Crypto at Auction for a Physical Piece of Banksy Art

The well-known Phillips Auction House has announced the company plans to accept cryptocurrency for the first time in a physical art auction set for June 7-8. Phillips will be auctioning a world-famous piece of artwork called the “Laugh Now Panel” created by the anonymous street artist Banksy. ‘Laugh Now’- Phillips to Accept Cryptocurrency at a […]

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VanEck submits SEC filing to create an ETH exchange-traded fund

Asset manager VanEck has filed to create an ether-focused exchange-traded fund (ETF), according to public filings. As noted in The VanEck Ethereum Trust filing, published Friday: “The Trust’s investment objective is to reflect the performance of the MVIS® CryptoCompare Ethereum Benchmark Rate less the expenses of the Trust’s operations. In seeking to achieve its investment objective, […]

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