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#Ethereum #etfeth #​​​🤓 ARK Invest refused to launch ETFs on Ethereum

ARK Invest has abandoned cooperation with 21Shares to launch a spot Ethereum ETF.

In the new Form S-1, the name of the fund was changed to 21Shares Core Ethereum ETF.

“ARK believes in the transformative potential and long-term value of the Ethereum blockchain, but ARK will not be moving forward with an Ethereum ETF at this time. We will continue to evaluate effective ways to provide our investors with access to this innovative technology in a way that unlocks its full benefits,” the company said.

Previously, issuers were forced to remove staking from their ETF applications.

#HotTrends #SEC #ETHFIUSDTH24. #etf ​🤓 Coindesk: an investigation has been launched against the Ethereum Foundation

According to the GitHub repository of the Swiss non-profit organization Ethereum Foundation, the company is under investigation by an unnamed “government body.”

A source from Coindesk reported that the Swiss regulator could have sent requests for documents from the Ethereum Foundation as it is working with the US Securities and Exchange Commission (SEC).

It is believed that the investigation may come amid the expected launch of the Ethereum ETF, as the deadline for all applications expires on May 23.

#HotTrends #ETHFIUSDTH24. #SEC ​🤓 Bloomberg analyst James Seyffart believes the SEC will not approve the Ethereum ETF in May

According to Bloomberg analyst James Seyffarth, the US Securities and Exchange Commission (SEC) will refuse to approve the Ethereum ETF on May 23.

Seyffart noted that there is a lack of necessary interaction between fund issuers and the SEC.

Analysts previously gave a 35% chance of ETF approval in May.

#Ethereum(ETH) #Etherrum ​🤓 Dencun reduced commissions in L2 networks several times

After the Dencun update on the Ethereum network, the cost of gas in L2 solutions dropped several times.

For example, in Base gas fell from ~$0.5 to approximately $0.0012.

The average swap fee on Starknet dropped from $6-$7 to $0.04.

At Optimism, commissions are also fractions of cents.

Arbitrum will activate the update today.

#Ethereum(ETH) #ETH/USDT: #HotTrends ​🤓 The Dencun update has been activated on the Ethereum network

The Dencun update has been officially activated on the Ethereum mainnet.

Thanks to Dencun, L2 solutions will significantly reduce gas fees.

Dear ladies and gentlemen, hello everyone🖐 what are your opinions on the price of $BTC after #Halving

#HotTrends #BTCRally #MiningContracts ​🤓 Core Scientific mined 19274 BTC in 2023

Mining company Core Scientific reported that in 2023 it mined 19,274 BTC, which is now valued at $1.4 billion.

13,762 BTC were mined for the company's account, and another 5,512 BTC for clients.

Core Scientific also owns the largest mining center in North America with a capacity of 724 megawatts.

#HotTrends #SEC ​🤓 Coinbase filed a lawsuit against the SEC

Coinbase filed a lawsuit against the Securities and Exchange Commission (SEC), accusing the agency of arbitrary and capricious behavior in regulating digital assets.

The exchange said the SEC violated the law by ignoring the company's petition.

Coinbase also accused the regulator of refusing to write rules regarding cryptocurrency.

#HotTrends #BTC/USDT. ​🤓 Miners began a period of record electricity consumption

Since February 2023, 13 leading mining companies have placed orders for specialized equipment worth more than $1 billion.

In particular, CleanSpark and Riot Platforms spent $888 million on equipment.

Miners also began to consume record amounts of energy.

They used 19.6 gigawatts of electricity last month, compared with 12.1 gigawatts during the same period in 2023.

#BTC/USDT. ​🤓 Billionaire Bill Ackman is thinking about buying Bitcoin

Pershing Square Capital Management founder and CEO Bill Ackman suggested that the price of Bitcoin could continue its bullish movement.

“An increase in the price of Bitcoin leads to an increase in mining and an increase in energy consumption, which leads to an increase in the cost of energy, causing an increase in inflation and a decline in the value of the dollar, stimulating the demand for Bitcoin and the growth of mining, stimulating the demand for energy. This cycle continues. Bitcoin is heading towards infinity, energy prices are skyrocketing, and the economy is collapsing. Maybe I should buy Bitcoin,” he wrote.

However, he noted that such a system can also work in the opposite direction.

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#BTC/USDT. ​🥳 Bitcoin reaches all-time high of $69K

In principle, this is all news 🤭

​​🤓 MicroStrategy plans to raise $600 million to buy Bitcoin

MicroStrategy plans to raise $600 million to purchase Bitcoin by issuing the company's senior convertible notes.

The bond matures on March 15, 2030.

MicroStrategy currently holds 193,000 BTC.#BTC‬

​​🤓 Tether has implemented a recovery service that will allow you to withdraw USDT even if a certain blockchain fails

Tether has developed a recovery system that will allow you to withdraw USDT even if any blockchain fails or turns out to be unreliable.

Users will be able to prove ownership of their addresses on the non-responding blockchain and the recipient's address on another supported blockchain, and Tether will transfer USDT between them.

Affected users will be able to initiate the migration process themselves through the Tether interface.

​​🤓 BlackRock's Bitcoin ETF assets reach $10 billion

Assets in BlackRock's Bitcoin ETF reached $10 billion in seven weeks.

As of today, the company holds 162K BTC.

At the same time, Fidelity's Bitcoin ETF assets are valued at 105K BTC ($6.3 billion).

​​🤓 Media: Nigeria began to block access to crypto exchanges

Nigeria has instructed its telecommunications companies to block access to Binance, OctaFX and Coinbase in a bid to curb currency speculation in the country.

On February 21, Presidential Advisor Bayo Onanuga accused Binance of manipulating the Nigerian naira and called for a ban on cryptocurrencies in the country.

Locals said the naira crisis was caused by the country's poor policies and not by cryptocurrencies and exchanges.

In December 2023, the Central Bank of Nigeria lifted the ban on cryptocurrency trading.

​​🤓 Circle is ending support for USDC on the Tron network

Circle announced that it will stop supporting USDC on the Tron network. Starting today, USDC will no longer be minted on Tron.

Users can transfer their Tron USDC to exchanges or other blockchains.

Institutional clients must redeem their USDC into Tron or transfer it to other networks by February 2025.

​​🤓 Metamask users will receive notifications about malicious transactions

MetaMask has integrated a service to alert users about potentially malicious transactions. Blockaid helped develop the solution.

Alerts will work on Ethereum, Linea, BNB Chain, Polygon, Arbitrum, Optimism and Avalanche networks.#

#Write2Earn ​🤓 Japanese authorities plan to allow local venture capital companies to invest in cryptocurrencies

Japanese authorities have approved a proposal that will allow Japanese venture capital firms to invest and hold cryptocurrencies.

Previously, companies could not do this directly. Venture investors could only receive shares of projects, but the ability to transfer digital assets was limited.

The draft amendment will be presented to parliament in 2024.

It is expected that this measure will improve the situation with local Web3 companies and help them attract funding.

​​🤓 Gemini will return specific digital assets to Earn users, not dollars

Gemini Exchange reported that the court granted Genesis' request to sell GBTC shares.

Gemini was also allowed to begin monetizing its initial collateral of 30.9 million GBTC shares.

This will allow Earn users to receive their collateral back in specific digital assets rather than dollars.

Gemini Earn users have not been able to access their assets for more than 1.5 years.