Spot Ether exchange-traded funds (ETFs) are off to a strong start after pulling upward of $100 million in net inflows on July 23, the funds’ first day of trading, but they fell short of Bitcoin’s epic ETF debut in January and may struggle to catch up, according to analysts who spoke with Cointelegraph. The spot…

A major topic in crypto in 2024 is the number of layer-2 (L2) blockchains created on top of the Ethereum network. Major nonfungible token (NFT) collections such as Pudgy Penguins, Bored Ape Yacht Club and Azuki have announced their own L2s — in addition to numerous traditional companies such as Fox Corporations and Flipkart. This sudden surge in L2s…

A Bitcoin mining device with a hashrate of only 500 gigahashes per second (Gh/s) managed to mine a block on July 24, according to an X post from Bitcoin mining device retailer Altair Technology. The block is worth approximately $206,000 based on the current Bitcoin price. “Congratulations to the miner who likely mined the first…