Summary: USDC stablecoin Issuer Circle has plans to solely support the Ethereum Proof-of-Stake chain post-merge. Circle announced the decision on Tuesday amid rising speculations regarding a Proof-of-Work hard fork by major Ethereum miner Chandler Guo. The...
Summary: Circle’s team has stated it is committed to providing weekly reserve reports for USDCoin (USDC). Tether also issued its latest assurance report on USDT’s reserves earlier this week. Both Circle and Tether’s commitment to transparency...
Summary: Circle’s CEO has published a Twitter thread quelling fears and rumors that USDC is on the brink of collapse. He added that it is understandable why the crypto community would worry about USDC, given the...
Summary: USDC’s reserves are 77.1% ($39 billion) in US Treasuries and 22.9% in Cash ($11.6 billion) The reserves are worth $50.6 billion and match the amount of USDC in circulation Circle, the parent company of USDC,...
In brief: The daily trade volume of the CME Ethereum futures hits $75.8M 9 days after launch Open interest on the CME Ethereum futures has hit $62M These numbers point towards institutional demand for Ethereum trading...
Quick take: Pantera Capital believes that the launch of the CME Ethereum futures legitimizes ETH to institutional investors Staking on Ethereum 2.0 provides less sell pressure for ETH Ethereum has kicked off 2021 on a bullish...
Volume and open interest of the CME Ethereum futures have hit all-time highs CME Ethereum futures volume has hit 5,469 contracts valued at roughly 273.5k ETH The open interest has hit 2,462 contracts, which is the...
Quick summary: The CME Group has announced that they will launch Ethereum futures on February 8th, 2021 The launch is pending regulatory review The Ethereum futures will be cash-settled Ethereum joins Bitcoin as the second digital...
Summary: Major derivatives marketplace CME Group announced an addition to its crypto offerings on Thursday. The firm plans to launch options on Ether futures around September 12. Users can already trade Bitcoin futures options and ETH...
Summary: Coca-Cola has announced plans to release a Pride series NFT collection to celebrate the LGBTQIA+ community. Coca-Cola will be collaborating with artist and advocate Rich Mnisi. The Pride Series NFT collection will be minted on...
Quick take: Effective today, Coinbase Pro will start to pass network fees directly to their customers Of particular interest, is the Ethereum network that has seen an upsurge in ETH gas fees due to DeFi The...
Summary: Ethereum’s upgrade to a Proof-of-Stake blockchain would see some operations halt temporarily for Coinbase users. The crypto exchange said new ETH deposits and withdrawals would pause during The Merge as a precautionary measure. A similar...