Hong Kong Stock Exchange Launches Bitcoin and Ethereum Indices

The Hong Kong Stock Exchange (HKEX) announced the launch of a pair of indices that will offer a “reliable reference point” for the prices of bitcoin (BTC) and ether (ETH), a cryptocurrency on the Ethereum network. The index series will begin operating on November 15. According to HKEX, these indices “provide investors with transparent and … Read more

“Ethereum is in a delicate and strange position,” according to analyst

The cryptocurrency of the Ethereum network, ether (ETH), which is experiencing significantly lower performance than bitcoin (BTC), could enter a scenario of greater difficulty. According to Marija Maticspecialist in financial markets, “Ethereum is in a delicate and strange position.” Chalk this up to the use of layer 2 (L2) scaling solutions. It highlights that, today, … Read more

Red Solana is worth more than Ethereum, what happened?

On October 24, the real economic value of Solana was 4 times that of Ethereum. The 3 memecoins with the highest capitalization on Solana exceed USD 5 billion. On October 19, 2024, the real economic value of the Solana (SOL) network exceeded that of Ethereum (ETH), according to a report on-chain from Blockworks Research. On … Read more

¿Ethereum está “muerto” o aún puede ser una buena inversión?

Ethereum tiene un potencial similar al de bitcoin (BTC), dice Ark Invest. El staking le da una ventaja competitiva a ETH sobre BTC. Ether (ETH) es la criptomoneda nativa de la red Ethereum. Aunque tiene un gran número de seguidores y una comunidad muy extendida a nivel mundial, su cotización no atraviesa su mejor momento. … Read more

US Government Wallet Allegedly Hacked, $20 Million Theft

The alleged hack involves USDC, USDT, aUSDC and ETH. The hacker would have started laundering the profits through suspicious addresses. A cryptocurrency wallet managed by the United States government was apparently hacked resulting in the transfer of approximately $20 million in digital assets. Blockchain analytics firm Arkham Intelligence identified the move, which involved nearly $14 … Read more

Kraken to launch its own Ethereum layer 2

The bitcoin (BTC) and cryptocurrency exchange Kraken announced this Thursday, October 24, the launch of Ink, a new layer 2 built on the Optimism Superchain, with the aim of reducing the barriers between centralized and decentralized ecosystems. As reported, Ink seeks to transform itself into an attractive DeFi ecosystem by promising to “eliminate friction points” … Read more

A look at the Ethereum of the future after Pectra update

Ethereum developers are working on 10 proposals for improvements. Some aspects that they aim to optimize are the management of historical data and general efficiency. The Pectra update mainnet (main network) of Ethereum (ETH) would be operational in early 2025. However, the improvements included in Pectra will be made in two stages. The second phase … Read more

Why is Ethereum failing to match bitcoin’s returns?

Ether (ETH) has less institutional demand than bitcoin (BTC). The ETH market is less mature, according to Kaiko Research. The market’s top two digital currencies, bitcoin (BTC) and ether (ETH), are experiencing contrasting price performance. Although both have recently benefited from positive macroeconomic conditions, the latter is lagging behind. The price of bitcoin reached $68,000 … Read more

They present dGEN1, an Ethereum mobile hardware

On October 17, 2024, the company Freedom Factory launched a mobile device based on cryptocurrency network technology. This is dGEN1, a hardware portable device the size of a cell phone, which will allow users to interact with services Web3decentralized finance applications (DeFi) and sign transactions on the Ethereum (ETH) network. The device supports second layer … Read more

What is happening with Ethereum ETFs? The situation is potentially critical

The launch of the ether (ETH) ETFs, the native cryptocurrency of the Ethereum network and the second most valuable on the market, promised to be a positive milestone for investors, but the reality has been different, at least until now. Since their debut in July, the funds have failed to meet market expectations. While bitcoin … Read more