Ethereum is a decentralized platform that can be used for currency and various applications. Ether (ETH) is the platform’s primary currency.
One of Ethereum’s most prominent features is its capability to support smart contracts. The platform was created by Canadian developer of Russian origin, Vitalik Buterin, and a few other co-founders when it was just 20 years old. Launched on July 30, 2015, Ethereum’s digital currency, Ether, ranks second in terms of market value, with a market capitalization of $24 billion as of February 10, 2020, following Bitcoin.
For the latest information, news, and evaluations about Ethereum, visit uzmancoin.com!
Ethereum is a decentralized platform that can be used for currency and various applications. Ether (ETH) is the platform’s primary currency.
One of Ethereum’s most prominent features is its capability to support smart contracts. The platform was created by Canadian developer of Russian origin, Vitalik Buterin, and a few other co-founders when it was just 20 years old. Launched on July 30, 2015, Ethereum’s digital currency, Ether, ranks second in terms of market value, with a market capitalization of $24 billion as of February 10, 2020, following Bitcoin.
For the latest information, news, and evaluations about Ethereum, visit uzmancoin.com!
The mystery in the transfer of nearly 93 thousand Ether, which was initially thought to belong to the Ethereum Foundation, but this could not be verified, could not be solved. It is seen that the person who made the transfer received his first ETH in 2015.
The sharp decline in Bitcoin overnight caused futures and leveraged positions to suffer serious losses. While a total of $292 million crypto positions were liquidated, a large part of them were long positions.
Ether spot ETFs opened for trading for the first time in the US yesterday. ETFs received a net investment of $106.7 million on the first trading day. While the leader of the day was BlackRock, as expected, ETHE, the main fund of Grayscale, saw large outflows, as experienced in Bitcoin spot ETFs. Another fund of Grayscale, mini-Ether, received $15 million.
While Ether spot ETFs are expected to open for trading in the US from tomorrow, ETF expert Nate Geraci, who recently drew attention to index funds, added Solana to these funds. Geraci claimed that an ETF issuer will apply for a fund containing BTC, ETH and SOL in the coming months.
After VanEck, 21Shares also applied for a Solana spot ETF, making waves in the crypto world, while Eric Balchunas, a Bloomberg ETF analyst, said that the US presidential elections will also be critical for Solana ETFs.
BlackRock’s BUIDL fund, which quickly entered the crypto and tokenization world last year, has exceeded $500 million in assets under management. This fund, which was launched in March, has thus crossed an important threshold in a short period of 4 months.
As the cryptocurrency world awaits the SEC’s final approval of Ether spot ETFs, the agency is also considering Hashdex’s spot ETF product, which holds both Bitcoin and Ether. The SEC began reviewing Hashdex’s 19b-4 filing and initiated the first step in “soliciting comments” on the matter.
Matt Hougan, one of the managers of Bitwise, one of the companies applying for an Ether spot ETF, said he thinks the funds could attract $15 billion in the first 1.5 years. Hougan particularly drew attention to arbitrage transactions known as “carry trades”.
The Bill on the Amendment of the Capital Markets Law, which includes regulations on crypto assets, was passed by the Turkish Grand National Assembly and became law. First of all, the law does not contain tax-related provisions. While the tax issue is kept outside the
In an update to the SEC regarding the Ethereum spot ETF, Grayscale also sent a letter to the agency stating that a fund without staking would have a much greater disadvantage than other funds without these restrictions or real Ether investments.