Ethereum

DWS collaborates with Galaxy Digital to launch cost-efficient Exchange Traded Commodities (ETCs) for Bitcoin and Ethereum, providing seamless integration into investment portfolios. The new ETCs, listed on the Deutsche Börse, are physically backed and stored in secure, offline ‘Cold Storage,’ offering investors a transparent and liquid investment option in the digital asset space. In a groundbreaking move that signals the increasing acceptance of cryptocurrencies as a legitimate asset class, DWS, Deutsche Bank’s investment arm, has partnered with Galaxy Digital, a…

Banking behemoth VanEck has valued Ethereum Layer-2 (L2) solutions at an astounding $1 trillion in a daring prediction, emphasizing the critical role that efficiency gains and scalability improvements will play in the development of blockchain technology. Ethereum Layer 2s Poised For Significant Increase In Valuation According to VanEck researchers, Ethereum Layer 2 scaling networks are expected to soar to the aforementioned market valuation by 2030. Leading the comprehensive prediction were Patrick Bush, the senior investment analyst at VanEck, and Matthew…

As per procedure, the SEC has commenced a comment period for three proposed Ethereum spot ETFs amidst a cautious industry outlook and ongoing regulatory scrutiny.  Comment Period Commences The U.S. Securities and Exchange Commission (SEC) has initiated a crucial step in the potential approval process for Ethereum-based exchange-traded funds (ETFs). With the deadline for a decision on VanEck’s filing drawing near, the SEC has opened the floor for public comments on three proposed ether spot ETFs. In a move reflective…

Analysts from investment manager VanEck have predicted that Ethereum’s Layer-2 scaling networks will hit a market capitalization of $1 trillion by 2030.  VanEck’s prediction is based on the significant growth and impact of Layer-2 technologies on Ethereum’s scalability and efficiency.  Ethereum Layer-2s To Hit $1 Trillion Market Cap  The prediction by VanEck was made in a detailed analysis led by its senior investment analyst, Patrick Bush, and the head of digital research, Matthew Sigel. VanEck’s prediction regarding Ethereum Layer-2s hitting…

The post VanEck’s Ethereum Layer-2 Prediction: $1 Trillion by 2030 appeared first on Coinpedia Fintech News VanEck, the global investment manager, has recently released its $1 trillion base case for Ethereum’s Layer-2 (L2) solutions by 2030. The L2 solutions are expected to surpass the main blockchain in revenue generation for addressing scalability issues.  Technologies like ZKUs (zero-knowledge roll-ups) and ORUs (optimistic roll-ups) are to process transactions off the main blockchain. This would enable L2s to outperform Ethereum’s main blockchain.  Source:…

Ethereum price is struggling to recover above the $3,360 resistance zone. ETH is now showing signs of more losses below the $3,300 and $3,250 levels. Ethereum is facing many hurdles near the $3,350 and $3,360 levels. The price is trading below $3,350 and the 100-hourly Simple Moving Average. There was a break below a rising channel with support at $3,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if there is a close…

The post Navigating the Crypto Market: A Guide to Ethereum (ETH), Shiba Inu (SHIB), and Furrever Token (FURR) Amidst Consolidation and Volatility appeared first on Coinpedia Fintech News In the midst of Bitcoin’s recent downturn, Ethereum (ETH) and Shiba Inu (SHIB) have experienced setbacks, reflecting the broader market trend. However, amidst this turbulence, Furrever Token (FURR) has emerged as a beacon of success, showcasing remarkable resilience and investor confidence. With its presale rapidly approaching the end of its fifth stage,…

In the cryptocurrency market, a lot of investors are looking for promising opportunities that can guarantee substantial returns. Emerging as a decentralized exchange that changes the regular tradition for the better, Fezoo promises to redefine the trading landscape for Avalanche and Ethereum investors. Moreover, the Fezoo presale is garnering a lot of attention among enthusiasts in the crypto community. With the potential for a 20X return on capital, many are eager to jump on board and secure their slice of…

With the crypto market experiencing a significant bearish correction, many tokens are feeling the hit with a huge price drop. Leading altcoins such as Ethereum (ETH) and Solana (SOL) have seen their prices plummet after bullish moments earlier in the month. Although the market is expected to bounce back soon, the two tokens may provide an opportunity to buy the dip. Despite the market condition, Pullix is moving unaffected. The top DeFi coin has been a trailblazer since its launch…