Ethereum Decentralization: Foundry Staking Teams Up with SSV Network as Mainnet Verified Operator

This announcement marks a significant milestone in the digital landscape as NexeraID in collaboration with PolygonID unveil their Web3 Compliance initiative. This project sets a standard for privacy protection while “ensuring strict adherence to regulatory requirements in the ever-evolving realm of Web3 compliance.

Timeline of Ethereum, Ssv-network

In a sophisticated maneuver in the volatile world of digital assets, a trader known by the pseudonym Hanwe Chang has reportedly managed to make over $1.5 million in the second-largest digital asset by market capitalization Ethereum ($ETH) by outmaneuvering a bot on a popular marketplace.

An Ethereum (ETH) gaming altcoin exploded in price over the past week before retracing after a series of whales sent their stacks to crypto exchanges. Yield Guild Games (YGG), a blockchain-based play-to-earn gaming decentralized autonomous organization (DAO), saw its native token rally from trading at around $0.

To the south, the $1750-$1770 demand zone could attract the price to it. Ethereum left behind a fair value gap on the H4 chart in that region- will the bears force such a retest soon?

Ethereum's price has been slowly dropping over the past few weeks, approaching a significant support level. Things will get interesting soon, as the market's reaction to this level would likely determine the price action in the next few weeks.

Ethereum, the second-largest cryptocurrency by market capitalization, has made significant strides towards its vision of becoming “ultra sound money” over the past two years since implementing “The Merge.” The network's transition from a proof-of-work to a proof-of-stake system via the Beacon Chain has led to the burning of over 3.

Ripple (XRP) chief legal officer Stuart Alderoty suggested that former SEC Director William Hinman should be investigated for his infamous 2018 speech that gave Ethereum (ETH) a free pass over other digital assets in the industry, according to an Aug. 7 tweet.

With the majority of the cryptocurrency market dragging its feet in recent weeks, it is no surprise that its second-largest asset by market cap, Ethereum (ETH), is doing the same. However, the hope remains it could hit the high price level of $5,000 sometime in the future.

The crypto community has largely lauded PayPal's newly announced stablecoin asserting that it will be a good thing for the broader industry. Furthermore, since it is being launched on Ethereum, it reinforces the premise that the network is becoming the money layer of the internet.

A pair of Bloomberg exchange-traded fund (ETF) analysts think there's a 75% chance an Ethereum (ETH) futures ETF gets approved in the US this year. James Seyffart and Eric Balchunas say the odds of approval spiked amid a flood of Ethereum futures ETF application submissions to the U.S. Securities and Exchange Commission (SEC).

The United States Securities and Exchange Commission (SEC) has been flooded with many applications for Ethereum (ETH) Exchange-Traded Funds (ETFs) in just one week. The applications currently stand at 12, with the latest addition coming from ProShares, a popular fund manager.