ETHE News and Press, Grayscale Ethereum Trust (ETH) - Units From 09/09/22

Summary The main economic data release for the trading week is the US inflation report. The UK economy is in a precarious position and facing a recession. Chinese President Xi is expected to meet with Russian President Putin at the Shanghai Cooperation Organisation summit in U...

Summary The Ethereum blockchain is on the verge of a major and risky upgrade which, if successful, would greatly reduce electricity use. This, in turn, would increase Ethereum’s acceptability to policymakers and financial institutions. Though, implementing such a fundam...

Summary John Paulson’s 13F portfolio value decreased from $3.25B to $2.03B this quarter. Paulson & Company dropped SPDR Gold ETF and Exxon Mobil while increasing Horizon Therapeutics. The top three positions are at 43% of the portfolio. This article is part of...

The Fed staked out its turf this week, telling lenders to notify it if they offer services for bitcoin and its ilk. Other agencies are also wrestling to oversee the $1 trillion market. The scrap provides an opportunity for some industry participants to capitalize on the regulatory...

Coinbase recently filed its interim financial report with quarterly net loss of over $1bn, net cash drain of £4.6bn in 6 months, fair value losses of over 600k. Coinbase has taken all customer assets on to its own balance sheet. Coinbase would have to take that fair value los...

The total amount of ETH deposited into the staking contract has increased gradually. The total number of unique addresses with a non-zero balance has steadily risen since Ethereum’s inception. The number of Ethereum unique active addresses has surged recently. There has...

The Bitcoin variety, I don't think it will live. I think, we have two significant government agencies which will make sure it's going to die. At the beginning of this year, a lot of people spoke about the Fed put as something that was going to support markets, equity markets, obviousl...

Gold has been moving in a trading range over the last couple of years. Gold offers attractive upside potential at the present time. A variety of forces are converging in support of the gold price going forward. Owning gold has required patience these last two years. After su...

The much anticipated merge of Ethereum's mainnet and the PoS Beacon Chain is scheduled for mid-September. There are some who are wondering if the Lido Finance stETH derivative is the best way to play the merge because of the peg discount. I think there is a better alternative for ...

3AC's default led to Voyager Digital's bankruptcy. Chapter 11 filing discussed. Cryptocurrency market health discussed. Days after Voyager Digital (VYGVF) issued a default notice to Three Arrows Capital (3AC), the firm halted withdrawals, deposits, and trading on July 1,...