Ethereum Financial News
07.06 / 15:03
07.06 / 07:11
Ethereum
Twitter
Binance
SEC
coinbase
Lightning Network
controversy
Courts
Jack Dorsey courts controversy by claiming ETH is a security
Long-time Bitcoin (BTC) advocate Jack Dorsey has found himself in a Twitter war with several crypto industry pundits after he responded with “yes” to a question asking if Ether (ETH) was a security.
07.06 / 01:27
Blockchain
UPS
Ethereum
Platform
2024
Japanese Megabank Mitsubishi UFJ to Launch Stablecoin Issuance Platform in 2024
The Japanese banking giant Mitsubishi UFJ says it will launch a cross-chain stablecoin issuance and interoperability platform next year.
06.06 / 22:03
Blockchain
Ethereum
Adoption
coinbase
Developers
Web3
layer2
Optimism successfully completes ‘Bedrock’ hard fork, reducing deposit times, layer-1 fees
The Optimism network concluded its “Bedrock” upgrade on June 7, reducing deposit times, lowering layer-1 fees and enacting additional security features, according to an announcement from network developer OP Labs. The upgrade is part of a series of reforms the developer says will help create a “Superchain” of scaleable Web3 networks based on Optimism’s OP Stack software.
06.06 / 22:03
markets
Ethereum
Stablecoin
Tether
Usd Coin
Bitcoin
Crypto traders avoid risk and shelter in stablecoins as the market reaches a turning point
On-chain analytics firm Glassnode published a report hinting that investors are rotating capital toward risk-off assets like stablecoins and Bitcoin. Technicals show that altcoins are at a crucial turning point between a positive and a negative breakout.
06.06 / 21:17
06.06 / 20:49
Ethereum
Staking
Celsius
network
Celsius Network's $800 Million Ether Staking Strategy Change Stretches Ethereum Validator Queue – Here's What You Need to Know
Now-defunct crypto lender Celsius Network has caused a stir with changes in its ETH staking strategy, exacerbating the already elongated queue to activate new validators on the Ethereum network.
06.06 / 20:22
Blockchain
UPS
Ethereum
Digital
Pilots
gilts
Archax pilots digital FTSE100 stocks and gilts on blockchain
Investors will soon be able to trade digital versions of FTSE100 shares and UK government bonds on the blockchain, as digital assets firm Archax gears up to issue prototypes of both this week.
06.06 / 20:13
Ethereum
VanEck
Ethereum Price
Ethereum Price Prediction
Global Investment Firm VanEck Predicts Ethereum's Price by 2030 – Here's What You Need to Know
Global investment firm VanEck expects the price of ETH to reach $11,800 by 2030, given that Ethereum achieves $51 billion in annual revenue in that year.
06.06 / 20:10
business
Ethereum
Binance
regulation
SEC
Sec Charges
Binance sees $778M net outflows on Ethereum blockchain amid SEC charges: Nansen
The SEC lawsuit against Binance on June 5, accusing the crypto exchange of violating various securities laws, had a direct impact on the crypto market as well as the balance sheet of the crypto exchange.
06.06 / 20:09
06.06 / 19:58
Blockchain
Ethereum
BLOCK
Progressive
Platform
EOS
Sony
5 Promising Blockchain Layer-1 Networks To Watch In 2023
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
06.06 / 19:46
Ethereum
Adoption
defi
Tokens
Small business lending protocol Defactor tokenizes $100M in bonds
On June 6, decentralized finance (DeFi) lending platform Defactor Labs said that it tokenized $100 million worth of Alpha Bonds using the ERC-3643 token standard. The bond, tokenized on the Polygon (MATIC) network, will be lent to small and medium-sized enterprises using real-world assets, such as receivables, as collateral.
06.06 / 19:40
markets
Ethereum
Adoption
Google
FTX
Terra Luna
Bitcoin
2020
fall
Google searches for ‘crypto’ fall to 2020 levels as BTC sentiment neutral
A two-month-long lull in cryptocurrency optimism has seen online search interest for “crypto” and other common cryptocurrency terms stumble down to late 2020 levels.
06.06 / 19:20
Ethereum
ETH
Ripple
XRP
Williams
SEC
Bitcoin
week
Cryptocurrencies To Watch: Week of June 5
The cryptocurrency market has oscillated between support and resistance levels in the past few months. While it appears that Bitcoin now can consistently remain above $20,000, the market’s biggest asset has had trouble breaking past the $30,000 mark.However, other crypto assets are showing consistent growth over the past few weeks.
06.06 / 18:24
business
Blockchain
Ethereum
European Union
Bitcoin
Sequoia Capital announces three-way split to separate China business
Venture capital firm Sequoia announced an impending split that will see the company break into three distinct partnerships serving the United States, China, and Asian markets separately.
06.06 / 18:22
markets
Ethereum
defi
Decentralized Exchange
Proof-of-stake
Rapid growth in DeFi-focused Ethereum liquid staking derivatives platforms raises eyebrows
Ether’s (ETH) DeFi activity has declined in the bear market and the sector faces further competition from Ethereum’s annual staking reward of 4%, according to Glassnode analysts. However, a DeFi narrative is building around liquid staking derivative (LSD) tokens that could revive Ethereum’s network activity.
06.06 / 17:56
Blockchain
UPS
Ethereum
Coca-Cola
Platform
surges
Utility
Award-Winning Recycle-to-Earn (R2E) Project Ecoterra’s Presale Raise Surges to Nearly $5 Million - Is This The Ultimate Green Utility Crypto?
Saturday, 3rd June - One of 2023’s most exciting green crypto projects just hit a huge milestone in its fundraising efforts.
06.06 / 17:24
Blockchain
Ethereum
Binance
SEC
Sec Charges
Investors pull $790 million from crypto exchange Binance after SEC charges
Crypto investors pulled $791.6 million from the crypto exchange Binance in 24 hours, crypto research firm Nansen said Tuesday, after U.S. regulators unveiled 13 securities charges against the company and its founder Changpeng Zhao.
06.06 / 17:17
Ethereum
fees
transactions
Bitcoin
memecoin
gas fees
Ethereum gas fees cool down after May memecoin frenzy
The average transaction fee or gas fee on the Ethereum network has cooled substantially in the first week of June after reaching a multi-month high in May, owing to the meme coin frenzy and many MEV Bot activities.
06.06 / 17:06
UPS
Ethereum
ETH
Provident
Binance
SEC
Action
Time
Ethereum Price Prediction Following SEC's Exemption of ETH as a Security in Binance Lawsuit – Time to Buy?
The price of Ethereum (ETH) has dropped by 3% in the past 24 hours, slipping to $1,816 as the cryptocurrency market reels from the news that the SEC has sued Binance and its founder Changpeng Zhao with 13 violations.
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