Ethereum News

UK Court Sentences Four In Multimillion Euros Bitcoin Fraud Case

Four individuals linked to the theft of £21m in Bitcoin from an Australian crypto exchange were sentenced by a UK court on Friday, Jan 13, bringing to closure a four-year-plus legal battle. According to an announcement by The Crown Prosecution Service (CPS), the four, Stephen William Boys, 58, Kelly Caton, 44, Jordan Kane Robinson, 23, and…

Ethereum News

Flashbots Wants To Raise $50 Million, But Investors Must Pitch

Flashbots is seeking to raise $50 million with a $1 billion pre-money valuation, according to The Block, citing sources aware of the deal. Pitch To Flashbots For A Chance to Invest As they look to crowdfund, it has been revealed that Flashbots is doing a “reverse pitching” where interested investors have to pitch, not the other way…

Ethereum News

Australia’s ‘Big Four’ Bank NBA To Mint Stablecoin On Ethereum, Algorand

One of the four biggest banks in Australia, the National Australia Bank (NAB), has announced that it will soon roll out a new Australian dollar-pegged stablecoin on Ethereum and Algorand. By doing so, NAB has become the second of the country’s major financial institutions to build a stablecoin. Second Major Australian Bank Launches Stablecoin Project…

Ethereum News

If Any Crypto Will Reach $1 Trillion, It’s Ethereum, Not Bitcoin: Dragonfly Capital

Based on the year-to-date performance and their drawdown from their all-time highs (ATHs), Bitcoin (BTC) and Ethereum (ETH) have performed very similarly. While BTC has risen by 25.5% since the beginning of the year, ETH has climbed by about 27%. From its ATH, Bitcoin has declined by 69.9%, while Ether is down by 68.9%. Despite…

Ethereum News

Conservative Prediction: Can Ethereum reach $5,000 in 2023?

The price of Ethereum has lately increased significantly during the past two weeks. The value of ETH, the second-largest cryptocurrency on the market, increased concurrently with that of Bitcoin. Once more, the price was able to surpass $1,500. But can Ethereum reach $5,000 in 2023? In this article, we take a look at the possibility…

Ethereum News

Coinbase Exits Japan; Customers Have Until Feb.16 to Withdraw Funds

The step comes amid recent layoffs by the US-based crypto firm. The fiat deposit option for Coinbase’s clients in Japan will not be available from Jan.20. Cryptocurrency exchange Coinbase announced Wednesday that it would discontinue its operations in Japan days after cutting staff. All users from the region have until February 16, 2023, JST, to redeem their…

Ethereum News

Ethereum Hits Monthly High And Turns Deflationary Again

The Ethereum price rally is on an upward trajectory since the last fortnight. Performing a little over Bitcoin’s growth, Ethereum gained 30%. On the morning of 16th January, Ethereum woke up to exciting news as Ethereum is riding high on the $1600 market price.  This comes after several contributory factors play a role in the…

Ethereum News

Bitcoin, Ether, And Dogecoin Deep In A Volatility Slumber — Explosive Moves in The Offing?

The past year has no doubt been tumultuous for the crypto sector. Since tapping an all-time high, Bitcoin has lost over 70% of its value, 64% of which was depleted in 2022 alone. This has coincided with a severe drop in the top crypto’s realized market cap, which has declined by -18.8% since ATH, representing…

Ethereum News

2023 Q1 Outlook for Ethereum Price looks GREEN! Buy Ethereum NOW?

The market for cryptocurrencies looks to be rebounding. With prices increasing by an average of 15% in the first two weeks of 2023, cryptocurrencies have had a great year. Ethereum in particular managed to outperform the crypto market during the same period, with a growth of about 21%. How high can Ethereum reach? Before March…

Ethereum News

Samsung Bitcoin ETF Goes Live in Hong Kong

South Korean electronics giant, Samsung, will launch a Bitcoin Exchange-Traded Fund (ETF), opening up the possibility for exposure to Bitcoin in one of Asia’s biggest markets. The company’s asset management arm is looking to track the spot price of Bitcoin as it floats an ETF investment opportunity rooted in both Bitcoin and micro-bitcoin futures of…