🪙 Vitalik Buterin says that Ethereum's PoW was 'quite centralized' and a 'temporary stage' until PoSEthereum co-founder Vitalik Buterin responded to comments about Ethereum's transition to a proof-of-stake (PoS) from a proof-of-work (PoS) consensus system. Users had noted on social media platform X that numerous Ethereum community members wished the network stayed with PoW instead of PoS. That sentiment received pushback from the man who first proposed the creation of Ethereum in 2013 at the age of 19.

Source

🔵 @EthereumNews
💰 @BitcoinNews
🍰 @AltcoinNews
⚫️ @TradingNews
⚫️ @MetaverseNews📊 @StockNews

🇺🇸 SEC cold-shoulders Ethereum ETF applicants in meetings, dashing hopes of May approvalThe US SEC is expected to reject several applications for exchange-traded funds (ETFs) based on Ethereum, the world’s second-largest cryptocurrency, Reuters reported on April 25, citing industry insiders. Firms such as VanEck and ARK Investment Management, among others, have submitted applications to the SEC for ETFs that would directly track the spot price of ether.

Source

🔵 @EthereumNews
💰 @BitcoinNews
🍰 @AltcoinNews
⚫️ @TradingNews
⚫️ @MetaverseNews📊 @StockNews

🪙 Ether spot ETF approval seen as increasingly doubtful by industry professionals: ReutersU.S. Securities and Exchange Commission will approve spot ether exchange-traded funds in May, according to a Thursday report from Reuters — which claims that industry sources expect the SEC to deny applications to launch spot ether ETFs in May after U.S. issuers and other firms had discouraging meetings with the agency in recent weeks.

Source

🔵 @EthereumNews
💰 @BitcoinNews
🍰 @AltcoinNews
⚫️ @TradingNews
⚫️ @MetaverseNews📊 @StockNews

🪙 Ether ETFs Unlikely to Cause a 'Bubble,' Traders SayEther (ETH) spot-exchange traded funds (ETFs) may increase institutional investment and power the world’s most-used blockchain, but is unlikely to create euphoric price surges, some market observers opined. Last week, Ethereum’s native token crossed the $3,000 mark for the first time since April 2022, rising 15% in a week and beating bitcoin’s relatively modest 8% rally in the same period.

Source

🔵 @EthereumNews
💰 @BitcoinNews
🍰 @AltcoinNews
⚫️ @TradingNews
⚫️ @MetaverseNews📊 @StockNews

🪙 Ether options open interest hits multi-month high with a skew towards calls: analystAn analyst has noted a significant surge in options open interest, with the majority of the increase being skewed towards calls. "Ether options open interest has increased by more than 300,000 contracts in the past week," Bitfinex Head of Derivatives Jag Kooner told The Block. This concurs with The Block's Data Dashboard, which shows the total ether options OI across crypto derivatives exchanges has reached a multi-month high of $9 billion.

Source

🔵 @EthereumNews
💰 @BitcoinNews
🍰 @AltcoinNews
⚫️ @TradingNews
⚫️ @MetaverseNews📊 @StockNews

🪙 Ether Could Be the Next 'Institutional Darling,' Bernstein SaysBitcoin's (BTC) recent rally has been driven by the spectacular introduction of exchange-traded funds (ETF). It may be time to now focus on ether (ETH), the second-largest cryptocurrency, broker Bernstein said in a research report on Monday. Bernstein says there is about a 50% chance of ether spot ETF approval by May and near-certain probability of approval in the next 12 months.

Source

🔵 @EthereumNews
💰 @BitcoinNews
🍰 @AltcoinNews
⚫️ @TradingNews
⚫️ @MetaverseNews📊 @StockNews

🪙 Ethereum traders target $3K, but historical data raises a few red flags for ETH priceEther price has been on an upward trend for the past 10 days, accumulating gains of 21.5% during this period as it flirts with the $2,800 level. The bullish momentum in cryptocurrencies is attributed to the strong inflow into the recently launched spot Bitcoin exchange-traded fund (ETF) in the U.S. However, Ether has additional drivers that could potentially propel its price above $3,000—a level that left scars the last time it was tested in March 2022. Will Ether’s eventual rally to the $3,000 turn out differently this time?

Source

🔵 @EthereumNews
💰 @BitcoinNews
🍰 @AltcoinNews
⚫️ @TradingNews
⚫️ @MetaverseNews📊 @StockNews

🪙 Ether perpetual futures open interest surges, hits all-time high on DeribitOpen interest in ether perpetual futures has surged across major centralized cryptocurrency derivatives exchanges since the beginning of February. Open interest for futures across different exchanges is currently over $10.1 billion, according to Coinglass. A perpetual contract is a type of futures contract with no expiration date and allows traders to hold positions indefinitely.

Source

🔵 @EthereumNews
💰 @BitcoinNews
🍰 @AltcoinNews
⚫️ @TradingNews
⚫️ @MetaverseNews📊 @StockNews

🪙 Ethereum Co-Founder Transfers Millions In ETH To Major Exchange As Ether Soars On ETF ExpectationsEthereum co-founder Jeffrey Wilcke recently executed a significant transfer of 10,000 ETH, valued at an impressive $27.58 million, to the major exchange Kraken. On Feb. 10, Wilcke also moved 4,300 ETH worth $10.7 million to Kraken. His latest transfer boosts his total deposit to the exchange to a whopping $38.28 million in ETH. While it’s unknown what Wilcke intends to do with the ether tokens, he might sell them on the open market via Kraken to take some profits.

Source

🔵 @EthereumNews
💰 @BitcoinNews
🍰 @AltcoinNews
⚫️ @TradingNews
⚫️ @MetaverseNews📊 @StockNews

🪙 ETH could reach $27K this bull cycle, expert predictsEther could reach $27,000 at the top of the current bull cycle, predicts Ethereum community member and investor Ryan Berckmans.“My personal prediction is $12,000 to $27,000 per Ethereum within 18 to 30 months," he said in a recent interview with Cointelegraph. ETH's appreciation, Berckmans points at the lack of selling pressure from miners, which disappeared after Ethereum switched from a proof-of-work to a proof-of-stake consensus mechanism in September 2022 with the Merge upgrade.

Source

🔵 @EthereumNews
💰 @BitcoinNews
🍰 @AltcoinNews
⚫️ @TradingNews
⚫️ @MetaverseNews📊 @StockNews