The United States Securities and Exchange Commission is pushing back its decision on several Ether (ETH) exchange-traded funds (ETFs) to May 2024. The agency delayed its decision on the Hashdex Nasdaq Ethereum ETF and the Grayscale Ethereum Futures ETF. The Hashdex Ether ETF aims to hold both spot Ether and futures contracts, while Grayscale’s Ethereum Futures ETF…
Bitcoin network computing power — or mining hash rate — reached a new all-time high on Christmas day, but has put putting more pressure on miners amid a slump in profitability. On Dec. 25, Bitcoin’s hash rate reached an all-time high of 544 exahashes per second (EH/s), according to Blockchain.com. The data was confirmed by Bitinfocharts, which…
The industry of stablecoins — or cryptocurrencies like Tether and USDC — has seen massive growth over the past year, with the market value hitting new all-time highs in 2023. With stablecoins rapidly growing, global jurisdictions have been rushing to regulate the market, according to a new report. As many as 25 countries had stablecoin legislation or regulation…