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Canada’s CI Financial files for ETH exchange-traded fund with Galaxy as subadvisor

February 25, 2021 Canada, Capital Markets, CI Galaxy Ether ETF, ETF, ETH, ether, Ethereum, Institutional, Investments Eddy 0

Canadian asset manager CI Financial, which oversees more than $230 billion worth of assets, has filed for an ether (ETH) exchange-traded fund (ETF). CI is seeking approval to list the ETH ETF on the Toronto Stock Exchange (TSX). If approved, the firm would manage the ETF with Mike Novogratz’s Galaxy as subadvisor, meaning Galaxy will […]

Ethereum’s Berlin hard fork tentatively scheduled for April 14th

February 25, 2021 ETH, Ethereum, News Eddy 0

Ethereum’s Berlin hard fork is tentatively scheduled for April 14th. EIP-1559 still gets quite some resistance from Ethereum’s miners; a community call is planned for this Friday. Several Ethereum core developers have confirmed April 14th as the tentative date for the Berlin hard fork. As Afri Schoeden tweeted and Tim Beiko confirmed, Berlin is expected to […]

DEX monthly volume figures reach new high for February

February 25, 2021 data, Decentralized exchanges, DeFi, DEX, ETH, Ethereum Eddy 0

Decentralized exchanges (DEXs) are set to finish February with the highest monthly volume on record, according to data collected by The Block. With several days remaining in the month, February’s monthly volume figure is currently $64.83 billion — just edging out January’s $61.16 billion, as shown in the graph below: Uniswap continues to be the […]

Binance Suspends Ethereum and ERC-20 Token Withdrawals Before Quickly Reversing Course

February 23, 2021 Altcoins, Binance, Cryptocurrency, ETH, Ethereum, Exchanges, gas prices Eddy 0

The rollercoaster-ride in cryptocurrency prices on Monday was accompanied by Binance’s fresh restrictions for ethereum and ERC-20 tokens. Ethereum Network Congestion Fingered as the Culprit for the Temporary Halt Through the official Binance Twitter account, one of the world’s largest cryptocurrency exchanges by volume, announced that it had “temporarily suspended withdrawals of $ETH and ethereum-based […]

Bitcoin’s price fell below $47K on Coinbase before swinging back above $53K

February 22, 2021 Bitcoin, BTC, ETH, ether, Ethereum, Markets Eddy 0

The price of bitcoin fell sharply below $50,000 before recovering during Monday morning’s trading session. The dive began after 9 a.m. ET, with the steep fall occurring around 9: 15 a.m. ET. Data from Coinbase indicates that the price of bitcoin hit a low of $46,616 on the U.S.-based crypto exchange. The price has since […]

Ethereum mining’s monthly revenue reaches all time high over $1 billion in February

February 22, 2021 ETH, Ethereum, Mining Eddy 0

Data collected by The Block Research shows that, for the first time, Ethereum miners have brought in more than $1 billion in revenue for the month of February. That includes approximately $541 million in the form of transaction fees, which miners earn with every new block they successfully create. The fee income has been buoyed […]

The Biggest threat for Ethereum? Community worries about Binance Smart Chain

February 22, 2021 ETH, Ethereum, News Eddy 0

Ethereum’s community members criticize the Binance Smart Chain (BSC) as a clone and a pseudo-decentralized alternative that could become the “biggest threat” to ETH. Binance Coin (BNB) records a 500% increase in the last 30 days due to the success of the BSC. The Binance Smart Chain continues to occupy the attention of the crypto […]

Pricing Gold, Food, and Altcoins With the BTC Denominator: How to Measure an Asset’s Worth in Bitcoin

February 21, 2021 1 kilo of gold, 1 oz of gold, 1 oz of silver, Altcoins, Bitcoin, Bitcoin (BTC), BTC Denominator, diamond ring, ETH, Ethereum, Fiat Value, Food, gold, Honda Accord, lamborghini, LTC, Measure, News, USD Eddy 0

On February 21, bitcoin touched a lifetime price high at $57,844 per unit after the crypto asset’s market valuation crossed the $1 trillion zone for the first time in history the day prior. Meanwhile, a number of digital assets have seen fiat values increase as coins like litecoin, ethereum, and others gather gains against the […]

ETH price tops $2,000 for the first time to hit new all-time high

February 20, 2021 ETH, Ethereum Eddy 0

The price of Ether (ETH), the native cryptocurrency on the Ethereum network, has set new record highs. The second largest cryptocurrency by market capitalization is now changing hands at $2,003 on Coinbase Pro as of writing, after topping the $2,000 level for the first time around 3: 45 UTC on Saturday. The price rally of […]

dYdX founder unpacks Ethereum scaling and DeFi derivatives

February 19, 2021 DeFi, Dydx, ETH, Ethereum, Podcasts, ZK-Rollups Eddy 0

Decentralized derivatives exchange dYdX is expanding. After raising $10 million in Series B funding last month, the team is gearing up for its coming V3 launch. Detailing that push, founder Antonio Juliano sat down with The Scoop this week to talk about where the decentralized finance (DeFi) space is going in the coming year. Platforms […]

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