Spot Ethereum ETFs may begin trading by July 2 — Bloomberg Analyst

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.April saw several hacks, exploits and rug pulls that resulted in a net loss of over $100 million among several DeFi protocols. Amid the growing memecoin frenzy, the…

A clean energy expert has hit back against the common perception that high energy consumption is an “Achilles Heel” for Bitcoin (BTC), in an article published by The Conversation August 20. Katrina Kelly, Strategy Manager at the University of Pittsburgh’s Center for Energy, says that we need to shift the debate around Bitcoin mining away…

Bitcoin (BTC) refused to let $20,000 support die for good on March 11 as the weekend opened to a battle for lost ground.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin shakes off USDC depegData from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $20,200 at the time of writing.A brief dip below the $20,000 mark overnight was…

Ether (ETH) rallied 6.3% to $1,350 on Dec. 13, mimicking a similar failed attempt that took place on Nov. 10. Despite reaching the highest level in 33 days, the gains were not enough to instill confidence in traders according to two key derivatives metrics.Ether/USD price index, 12-hour. Source: TradingViewBulls' frustrations can partially be explained by…

New York-based blockchain startup Flexa has raised $14.1 million to develop a payments network for retailers. The development was announced in a press release published on April 11.Per the release, Flexa has raised $14.1 million in funding from such participants as early stage token fund 1kx, investment firms Access Ventures and Nima Capital, and hedge…

Ethereum's native asset Ether (ETH) has extended its rally on Sep. 1 to log multi-month highs against Bitcoin (BTC) and the United States dollar (USD).The ETH/BTC exchange rate rose 3.13% to hit 0.07475 for the first time since June 9. Meanwhile, bids for ETH/USD climbed 3.4% to $3,546, the highest since May 18, showcasing a…

Analytical firm Delphi Digital has called bitcoin (BTC) the “King of the Assets Class Hill” due to the coin’s outperformance in recent months, the Next Web reported on June 3.Delphi Digital based its commentary on bitcoin’s returns for four straight months, especially given that bitcoin’s performance comes at a time when traditional risk assets continue…

With shares in the Nasdaq-listed cryptocurrency exchange continuing to underperform, Coinbase is seeking a $1.25 billion cash injection from institutional investors. 1945 Total views 21 Total shares United States-based cryptocurrency exchange Coinbase seeks to raise $1.25 billion in funds through a proposed private offering for institutional buyers. According to an announcement on May 17, the offering will…