ether

Crypto giant Bitcoin (CRYPTO: BTC) surged beyond the $100,000 mark last week, reaching an all-time high of $103,259. This significant increase is largely credited to the perceived pro-crypto stance of President-elect Donald Trump. What Happened: Bitcoin’s value has seen a nearly 50% increase...

ProShares announced Thursday it will launch the ProShares Short Ether Strategy (SETH) for delivering the inverse of the daily performance of the Standard & Poor's CME Ether Futures Index, reported CoinGape. If the index fell 1%, the ETF would want to return 1%....

St. Galler Kantonalbank (SGKB), Switzerland’s fifth-largest cantonal bank, in partnership with SEBA Bank, launched digital asset custody and brokerage services for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) for its clients. The contract was signed in early 2023 post a short...

In a first since August, Ether futures premiums are matching Bitcoin futures on the Chicago Mercantile Exchange (CME). This suggests a significant shift in the crypto market sentiment, according to analysts. According to The Block report, K33 Research Senior Analyst Vetle Lunde and Vice President...

As the crypto market experiences a downturn, Ether (CRYPTO: ETH) is losing investor preference to the more dominant digital currency, Bitcoin (CRYPTO: BTC). According to an article by Bloomberg, Ether’s value has dropped about 18% since June, while Bitcoin’s...

Despite the global crypto market experiencing instability, Deribit is looking to expand the roster for options trading on its platform. It is also looking to expand geographically with an EU license and a Middle Eastern office. What Happened? Deribit, the largest cryptocurrency exchange...

ETP issuer 21.co hired Mandy Chiu, a former executive at Tabula Investment Management, one of the world’s largest ETF providers, as head of financial product development. Chiu "will be leading our global teams to continuously enhance existing products while  developing new products...

While the decision on the Spot Bitcoin (CRYPTO: BTC) ETFs is extended to Jan. 10, futures-based Ether ETFs are likely to open trade as soon as today. Invesco Galaxy Digital is the latest to join the race by filing for a spot Ether ETF. What Happened: Asset managing company, Invesco and Galaxy...

Tether Group, the issuer of stablecoin Tether (CRYPTO: USDT), is buying thousands of Nvidia (NASDAQ: NVDA) H100 GPUs for $420 million. The deal includes a 20% stake in German-listed bitcoin miner Northern Data, which intends to rent the chips to artificial intelligence (AI) startups. Tether will...

Tether has surpassed its previous all-time high market cap of $83.2 billion — a value it lost during the 2022 cryptocurrency crash. "Today's numbers demonstrate that people want access to financial freedom, and when given that access, they will make use of it," Tether CTO Paolo...

Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the key $27,000 level on Monday. Ethereum (CRYPTO: ETH) also traded higher, rising past the key $1,800 mark this morning. Conflux (CRYPTO: CFX) was the top gainer over the prior 24 hours, while Pepe (CRYPTO: PEPE)...

Open Exchange (OPNX), a crypto-focused exchange that offers to trade claims of bankrupt cryptocurrency companies, has officially launched, according to a tweet by CEO Leslie Lamb. OPNX provides a platform for trading claims related to crypto exchange bankruptcies, with a claimed market value of $20...

Banking giant Citigroup (NYSE: C) considered partnering with Alameda Research, a now-bankrupt crypto trading firm, to launch a crypto lending business in 2020, but decided against it due to concerns about the firm's lack of risk management.  Austin Campbell, the former co-head of...

A new report by the Federal Trade Commission suggests that more than 46,000 people reported losing over $1 billion in payment scams involving cryptocurrencies since the start of 2021.  The top cryptocurrencies people said they used to pay scammers were Bitcoin (CRYPTO: BTC) which accounted for...

According to WuBlockchain’s data, Bored Apes Yacht Club (BAYC) has seen the project's total market value increase to almost $1 billion, as the trading volume rose by over 176% in a 24-hour period.  Along with that, the floor price of the series spiked to almost 110 ETH, which is...