Ethereum's 40-month slump vs. Bitcoin won't end in a dollar 'freefall' scenario

Investors are paying a 515% premium to buy Ether through the Grayscale Ethereum Trust.It costs $90.55 to buy a share in Grayscale Investments’ Ethereum Trust (ETHE), however its Ether holdings per share are currently worth just $16.10. That means it’s five times more expensive to buy Ether via the trust than on the open market.—…

Blockchain security firm Certik warned users to stop interacting with Arbix Finance as they have identified the project as a rug pull. 395 Total views 3 Total shares BSC-based yield farming protocol Arbix Finance was identified by blockchain security company Certik as a rug pull. According to the firm’s incident analysis, there were several reasons why…

Bitcoin (BTC) has been trying to break above the $20,500 resistance for the past 35 days, with the latest failed attempt on Oct. 6. Meanwhile, bears have displayed strength on four different occasions after BTC tested levels below $18,500 during that period.Bitcoin/USD price index, 12-hour chart. Source: TradingViewInvestors are still unsure whether $18,200 was really…

The United States Securities and Exchange Commission (SEC) has sued Canadian startup Kik for an unregistered $100 million token offering, the regulator officially announced on June 4.According to the SEC’s complaint, Kik violated the registration requirements of Section 5 of the Securities Act of 1933. The agency is seeking a permanent injunction, disgorgement plus interest,…

Major health information technology provider for the United States government, HMS Technologies Inc. (HMS) has partnered with blockchain startup Solve.Care. The development was announced in a press release shared with Cointelegraph on April 22.As part of the collaboration, HMS will reportedly integrate Solve.Care’s blockchain platform into their federal health information technology (HIT) initiatives in a…

Bittrex Global CEO Oliver Linch believes crypto conferences won’t exist in five to 10 years — because crypto will become just a part of traditional finance. 327 Total views 4 Total shares Crypto needs to establish itself as a “brand new” component of traditional finance, rather than try to squeeze itself into existing financial products,…

Individuals typically do not need to worry about capital gains taxes while trading in an IRA. For crypto investors, this could be an attractive feature. 76 Total views 2 Total shares Cryptocurrency individual retirement accounts (IRA) provider iTrustCapital revealed Wednesday that the total transaction volume on its platform had surpassed $5 billion, marking a 60%…

Tuesday, Oct. 29 — Most top-20 digital currencies are trading sideways today, with a few reporting minor losses. The markets are seeing mixed signals as of press time, according to the data from Coin360.Cryptocurrency market daily overview. Source: Coin360Bitcoin (BTC) is down less than one percent over the past 24 hours and is trading at…