The first batch of profit-taking from Ethereum’s native token ether’s staking program has ended. Prices for the second largest cryptocurrency by market capitalization rose, briefly pushing past the $2100 mark, after Ethereum’s Shapella upgrade. The upgrade, which enabled withdrawals of staked ether, is the final step in the blockchain’s move to a Proof of Stake… Read More Notes 4/23: Ether Prices and Rewards
The Commodity Futures Trading Commission (CFTC) has asked for public comment for use cases and risks of ethereum’s blockchain and ether, its cryptocurrency. “The input from this request will advance the CFTC’s mission of ensuring the integrity of the derivative markets as well as ensuring the integrity of monitoring and systemic risk by enhancing legal… Read More CFTC Seeks Public Comment On Ether And Ethereum
Ethereum’s ether was among the biggest losers in the cryptocurrency crash that occurred earlier this week. Since Wednesday, the cryptocurrency has lost approximately 23% of its value, shedding a substantial portion of gains it eked out during a decline in bitcoin’s price. On an overall basis, ether is down by 84.3% from its peak during… Read More Is Ether Useless?