Streetbeat News

ETHUSD

Ethereum / US Dollar

Industry

Digital Currency

Ethereum is open access to digital money and data-friendly services for everyone – no matter your background or location. It's a community-built technology behind the cryptocurrency ether (ETH) and thousands of applications you can use today.

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Speculation arises after an HBO documentary suggests Peter Todd as Bitcoin's creator, Satoshi Nakamoto. Despite Todd's denial, financial journalist Izabella Kaminska argues the theory is plausible, citing Todd's background and the crypto community's past susceptibility to social engineering.

Portfolio Pulse from Khyathi Dalal

October 09, 2024 | 1:19 pm

Economists Tyler Cowen and Alex Tabarrok have proposed Ethereum creator Vitalik Buterin as a candidate for the Nobel Prize in Economics, highlighting his contributions to cryptocurrency and the transition of Ethereum from proof-of-work to proof-of-stake.

Portfolio Pulse from Aniket Verma

October 09, 2024 | 9:06 am

Cryptocurrencies remained mostly flat with Ethereum gaining slightly amid a stock market rebound. Bitcoin faced resistance and saw increased short positions. Ethereum's potential to outperform Bitcoin was highlighted by analysts. Stocks, particularly tech like NVIDIA, rose as oil prices fell.

Portfolio Pulse from Aniket Verma

October 09, 2024 | 3:07 am

Cryptocurrency markets, including Bitcoin, Ethereum, and Dogecoin, are trading lower due to China's stimulus measures being less than expected. Despite this, there are significant developments such as Fidelity's large Bitcoin purchase and legal battles involving Crypto.com. Analysts predict potential upward movement for Bitcoin.

Portfolio Pulse from Khyathi Dalal

October 08, 2024 | 7:32 pm

Crypto.com has initiated legal action against the SEC after receiving a Wells notice, accusing the SEC of overstepping its jurisdiction by classifying most crypto trades as securities. This lawsuit highlights ongoing tensions between the crypto industry and regulatory bodies.

Portfolio Pulse from Khyathi Dalal

October 08, 2024 | 4:30 pm

Samsung warns of a Q3 profit drop due to AI chip delays, while PepsiCo lowers its 2024 revenue outlook after mixed Q3 results. US stocks are poised to bounce back as bond yields dip and oil prices slide. Nvidia and Apple are involved in significant tech developments.

Portfolio Pulse from Akanksha Bakshi

October 08, 2024 | 1:20 pm

Cryptocurrency markets are stable with Bitcoin holding above $60,000. Traders predict a potential test of $65,000-$66,000 for Bitcoin. Riot Platforms is exploring AI while focusing on Bitcoin mining.

Portfolio Pulse from Khyathi Dalal

October 07, 2024 | 7:44 pm

FTX, a crypto exchange, has received court approval for its liquidation plan, which aims to fully repay customers with up to $16 billion in recovered assets.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 7:19 pm

JPMorgan analysts predict a positive October for Bitcoin, citing historical trends and potential catalysts like options trading on spot Bitcoin ETFs. Ethereum's upcoming upgrade is seen as a structural improvement. The crypto market remains sensitive to macro factors.

Portfolio Pulse from Ivan Crnogatić

October 07, 2024 | 6:49 pm

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