SEC Commissioner Hester Pierce on Ethereum ETF Staking
According to FXStreet, SEC Commissioner Hester Pierce has expressed optimism about potential regulatory changes under the new administration. In an interview with Coinage, she highlighted the possibility of revisiting decisions related to crypto ETFs, particularly in-kind redemptions and enabling Ethereum ETFs to begin staking. These developments could foster a more favorable regulatory environment for cryptocurrencies in the US.
'Ragnarok: Landverse' Expands to Ronin Network
Decrypt reports that 'Ragnarok: Landverse,' a blockchain-enhanced MMORPG from the classic Ragnarok Online franchise, is set to launch on Ethereum's sidechain gaming network Ronin in early 2025. The game will feature mineable resources and token rewards as part of its gameplay enhancements. With over $15 million worth of NFT sales already amassed during its soft-launch phase on BNB Chain, this expansion marks a significant step forward for both developers Maxion and publisher Gravity.
Ethereum Eyes New Heights Amidst Investor Diversification
An article from Bitcoinist highlights how Ethereum (ETH) is approaching the $5,000 milestone due to recent bullish momentum. Analysts predict further growth driven by strong technical indicators such as Moving Averages and MACD signals suggesting buy opportunities. Meanwhile, investors are diversifying into Lunex Network (LNEX), which offers innovative cross-chain technologies promising lower transaction fees compared to traditional DEXs like Uniswap.
Maker (MKR) Targets $5K with Bullish Momentum Driven by Ethereum
The Currency Analytics discusses Maker’s (MKR) potential rally towards a $5k target following its breakout from a long-term downtrend pattern supported by rising strength in Ethereum prices. Currently trading at around $1,727 per MKR token after gaining 17% last month alone, analysts believe continued upward trends may lead it closer toward achieving these ambitious price targets within upcoming years if key resistance levels can be surpassed successfully amidst ongoing market dynamics favoring altcoins.
Coinbase Base Platform Outpaces Ethereum User Growth
A report from Coinspeaker reveals that Coinbase's Layer-2 blockchain network Base has experienced remarkable user growth throughout 2024, averaging approximately one-and-a-half-million monthly additions while surpassing even giants like Ethereum itself. This surge was attributed largely to strategic partnerships and unique features designed to enhance engagement rates among users, thereby positioning the platform for success that others aspire to emulate in future endeavors, potentially benefiting the entire industry ecosystem.
Sources:
- SEC Commissioner Hester Pierce sheds light on Ethereum ETF staking under new administration
- ‘Ragnarok: Landverse’ Expanding to Ethereum Gaming Network Ronin
- Ethereum (ETH) Eyes $5,000 Among Recent Breakout—Here Is Why ETH Holders Are Diversifying Into Lunex Network
- Maker (MKR) Eyes $5K Target as Ethereum Drives Bullish Momentum
- Coinbase's Base Platform Trumps Ethereum in User Growth amid Strong Demand
- Think Ethereum or Solana As Your Best Bets? Lightchain AI Is the Key to Millionaire Status This December |
- Solana: Buy, Sell, or Hold?
- Solana liquid staking startup Sanctum trials ‘creator coins’
- Web3Bay, Solana & Tron: Are These Utility Coins Leading the Crypto Revolution?
- Solana Price Prediction: SOL Likely to See Double-Digit Correction, Technical Analysis Says
- Solana Layer-2 Project Solaxy Nears $3M Milestone in First Week of Token Presale
- First Solana layer-2 network Solaxy hits $3m presale milestone
