🔸️Ethereum | Bitcoin & Altcoin News

2024-03-15 19:12:00 Ethereum L2s median transaction fees decline as much as 99% post-Dencun upgrade

Ethereum layer-2 (L2) protocols have seen a significant drop in transaction fees, with some protocols recording a reduction of up to 99% after the Dencun upgrade on Ethereum on March 13. Dencun is a scalability-focused upgrade on the Ethereum mainnet, with many touting it as one of the most significant upgrades since the Merge. Starknet, a prominent Ethereum-based L2, has seen a 99% reduction in gas fees since the upgrade.

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2024-03-15 12:55:00 'Wolf of All Streets' Expects Mainstream Crypto FOMO to Return When DOGE Hits New All-Time High

Scott Melker, also known as the “Wolf of All Streets,” has revealed his theory on the potential resurgence of mainstream fear of missing out (FOMO) in the crypto market. He asserted that people seem to forget that the mainstream fervor in the last bull market came through dog coins, like dogecoin, and non-fungible tokens (NFTs).

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2024-03-14 20:15:21 Hong Kong regulators issue warning against Bybit exchange

Hong Kong's Securities & Futures Commission (SFC) has placed cryptocurrency exchange Bybit on its warning list as of March 14. "The Securities and Futures Commission (SFC) today warns the public of an unlicensed virtual asset trading platform (VATP) known as Bybit," the regulator wrote, "which offers trading services in crypto-related products in a number of jurisdictions."

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2024-03-14 14:10:28 Spot Bitcoin ETFs Could See $220B of Inflows in Next 3 Years: JMP Securities

Spot bitcoin (BTC) exchange-traded funds could see $220 billion of inflows over the next three years, which means BTC's price could quadruple to $280,000 when applying the multiplier on new capital, broker JMP Securities said in a research report Wednesday. The broker raised its price target on the stock to $300 from $220, the highest among Wall Street analysts, according to Factset data, while maintaining its market outperform rating.

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2024-03-13 20:20:00 Ethereum Dencun upgrade day triggers surge in layer 2 protocol token value

The imminent launch of the Ethereum Dencun upgrade at 14.00 UTC today, March 13, has sparked a notable surge in the prices of native tokens for layer-2 protocols, including Arbitrum, Polygon, and Optimism. According to CryptoSlate’s data, the sector has surged by approximately 5% in the last 24 hours, reaching a total market capitalization of $20.21 billion. This growth maintains a consistent upward trend of 10% observed throughout the week.

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2024-03-13 10:05:00 Spot bitcoin ETFs have been an ‘absurd’ success and blown away expectations in just two months

Spot bitcoin ETFs have only been trading for exactly two months, and they’ve already made a massive impact on the cryptocurrency industry. Whether it’s the amount of inflows, the number of bitcoin acquired or the high levels of trading volume, they have beaten predictions in every metric. At the same time, they have buoyed a bullish bitcoin-led market and revitalized the crypto industry.

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2024-03-12 23:55:31 Thailand allows asset firms to access spot bitcoin ETFs for professional investors: report

Thailand’s financial regulator has adjusted relevant regulations to allow investments in U.S. spot bitcoin exchange-traded funds (ETFs) for professional investors, according to local media. The Bangkok Post reported today that Thailand’s Securities and Exchange Commission has permitted asset management firms to launch funds for investing in U.S. spot bitcoin ETFs available for institutional investors.

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2024-03-12 11:12:00 Ethereum’s Dencun upgrade to launch in 2 days

Ethereum’s upcoming Dencun upgrade is set to ship on March 13 and is one of the most-anticipated hard forks since the Merge. Ethereum’s Dencun upgrade could be a milestone for layer-2 scaling solutions, as it is expected to significantly reduce the transaction fees of layer-2 networks and enhance Ethereum’s overall scalability.

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2024-03-11 20:35:28 MicroStrategy's bitcoin holdings reach 205,000 BTC with latest purchase, exceed BlackRock's ETF

Michael Saylor's MicroStrategy acquired around 12,000 more bitcoins for roughly $821.7 million in cash, increasing its total bitcoin holdings to 205,000 . This surpasses the holdings of the largest BlackRock's spot bitcoin exchange-traded fund, which stands at 197,943 BTC. MicroStrategy's latest acquisition took place from Feb. 26 to Mar. 10, 2024, at an average price of around $68,477 per bitcoin, including fees and expenses, the business intelligence company said Monday.

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