Ethereum News

Bitcoin transaction fees flip Ethereum’s as Ordinals hype returns

• by admin
• November 27, 2023

Bitcoin transaction fees have soared above Ethereum’s amid a renewed appetite for Ordinals-inscribed assets. Average daily transaction fees on Bitcoin BTC $34,829 have flipped with Ethereum following a frenzy of Ordinals-related activity on the Bitcoin network.  On Nov. 20, the average daily transaction fee for Bitcoin stood at $10.34, while Ethereum transaction fees came to […]

Ethereum News

Number of Bitcoin millionaire wallets triples in 2023

• by admin
• November 27, 2023

Over 81,000 wallet addresses now hold $1 million or more worth of Bitcoin. The number of crypto wallet addresses holding more than $1 million in Bitcoin BTC $34,829 has more than tripled this year.  BitInfoCharts data shows the number of addresses with more than $1 million in BTC increased from 23,795 on Jan. 1 to […]

Ethereum News

Bitcoin briefly tops $37K amid market optimism for pending spot ETF approvals

• by admin
• November 26, 2023

The price of Bitcoin has surpassed $37,000 for the first time since May 2022. Bitcoin BTC $34,829 briefly surpassed the $37,000 mark for the first time in 18 months as the broader markets reflect optimism over the pending approval of spot BTC exchange-traded funds (ETF) in the United States. Data from several cryptocurrency market platforms, […]

Ethereum News

Bitcoin transaction fees flip Ethereum’s as Ordinals hype returns

• by admin
• November 23, 2023

Crypto has great potential to empower consumers, but centralized exchanges have their limitations. This “Web3 Swiss army knife of personal finance” says it has the answers. A cutting-edge crypto platform says it offers all the advantages of centralized exchanges in a noncustodial environment. Changex offers seamless on and off-ramps to fiat, effortless purchases via bank […]

Ethereum News

WisdomTree amends S-1 form spot Bitcoin ETF filing as crypto awaits SEC decisions

• by admin
• November 20, 2023

After the latest Form S-1 spot Bitcoin ETF amendment by WisdomTree, only Franklin Templeton and Global X are yet to amend their S-1 filings. The global exchange-traded fund (ETF) provider WisdomTree filed an amended Form S-1 spot Bitcoin BTC $34,829  ETF prospectus with the United States Securities and Exchange Commission (SEC) on Nov. 16. The update comes […]

Ethereum News

BlackRock’s iShares Bitcoin ETF mysteriously disappears from — then reappears on — DTCC site

• by admin
• November 12, 2023

BlackRock’s Bitcoin ETF listing staged a sudden reappearance on the DTCC’s website after disappearing for a few hours. The ticker for BlackRock’s spot Bitcoin BTC $34,829 exchange-traded fund (ETF), IBTC, has reappeared on the Depository Trust and Clearing Corporation’s (DTCC) website after disappearing for a few hours. The price of Bitcoin surged to new yearly […]

Ethereum News

Galaxy predicts 74% Bitcoin price increase first year after ETF launch

• by admin
• November 12, 2023

Currently, a 74% increase takes Bitcoin to over $59,000, and that doesn’t factor in “second-order effects,” says Galaxy Digital. News Bitcoin’s BTC $34,829 price will increase 74.1% in the first year after spot Bitcoin exchange-traded funds (ETFs) are launched in the United States, according to estimates from crypto investment firm Galaxy Digital. In an Oct. […]

Ethereum News

Ethereum losing streak vs. Bitcoin hits 15 months — Can ETH price reverse course?

• by admin
• November 6, 2023

Bitcoin ETF and halving buzz have boosted BTC’s demand vs. Ethereum in recent weeks. Market Analysis The price of Ethereum’s native token, Ether ETH $1,877 , is trading around a 15-month low versus Bitcoin BTC $34,829 , and the lowest since Ethereum switched to proof-of-stake (PoS). Will it continue to weaken for the remainder of 2023? […]

Ethereum News

PayPal scores UK crypto license after brief local Bitcoin buy halt

• by admin
• November 6, 2023

Licensed by the FCA on Oct. 31, 2023, PayPal has requirements or restrictions placed on the financial services activities that it can operate. Global payment giant PayPal has received approval from the Financial Conduct Authority (FCA) to offer crypto services in the United Kingdom. According to official FCA data, PayPal has been registered to offer […]

Ethereum News

Invesco Galaxy applies for spot Ether ETF

• by admin
• October 26, 2023

Investment firms Invesco and Galaxy Digital allegedly filed for a spot Ethereum ETF with the U.S. SEC on Sept. 29. News Asset managers keep pursuing digital asset products, with Invesco and Galaxy Digital allegedly filing for a spot Ether ETH $1,827 exchange-traded fund (ETF) on Sept. 29.  Bloomberg ETF analyst James Seyffart disclosed the filing […]