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Steno Research: Spot ETFs Will Take Ether to $6,500 Later This Year

Steno Research, an independent macroeconomics, geopolitical, and crypto research house, has predicted that the spot ether ETF, presumed to start trading in early July, will take ETH to $6,500. Steno’s…

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Banking Giant Santander to Offer Cryptocurrency Trading Services in Brazil

Santander, the multinational banking giant, has recently announced that it will start offering cryptocurrency trading services in Brazil. The bank will roll out this functionality to selected customers of Toro,…

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Largest Bank in Brazil Itau Unibanco Opens Cryptocurrency Trading to All Users

Itau Unibanco, the largest bank in Brazil and all of Latam, has reported the availability of cryptocurrency trading services for all its users. Through Ion, the bank’s in-house investment platform,…

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Analysts: SEC Could Begin Approval Process for Spot Ethereum ETFs Tomorrow

Bloomberg’s ETF analysts have explained that the U.S. Securities and Exchange Commission (SEC) could start the approval process for spot ethereum exchange-traded funds (ETFs) tomorrow. They noted that the securities…

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Financial Nonprofit Better Markets: Approving a Spot Ether ETF Would Threaten ‘the Broader Financial System’

Better Markets, a financial nonprofit organization, has lashed out against approving a spot ether ETF product, stating that it would endanger the broader financial system. In a supplemental comment letter…

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Coinbase on Grayscale Ethereum Spot ETF Application: “ETH Is a Commodity, Not a Security”

Coinbase has answered the SEC request for comments on the proposed rule change to list the ETH Grayscale Fund as a spot ETF. Coinbase stated that ether was a commodity,…

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Cryptocurrency Exchange Fixedfloat Hacked, Close to $26 Million Lost in BTC and ETH

Fixedfloat, an automatic cryptocurrency exchange, has been hacked by an unknown attacker who siphoned almost $26 million worth of BTC and ETH. The exchange, which has already acknowledged the attack,…

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Raging Inferno: Over 3% of All Ether Supply Has Been Burned Since Implementing EIP-1559

Ethereum has shed a significant part of its supply since the London upgrade, applied in August 2021. According to ultrasound.money, a portal that records several statistics associated with the ETH…

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