Ether

RYAM Announces Fourth Quarter and Full Year 2023 Results and Provides Improved Outlook for 2024

Retrieved on: 
Tuesday, February 27, 2024

Net sales for the fourth quarter decreased $37 million, or 10 percent, to $347 million compared to the same prior year quarter.

Key Points: 
  • Net sales for the fourth quarter decreased $37 million, or 10 percent, to $347 million compared to the same prior year quarter.
  • Compared to the third quarter of 2023, the operating loss increased $43 million, primarily due to the $62 million non-cash impairment recorded in the fourth quarter and higher labor costs.
  • Overall, EBITDA is expected to remain relatively flat in the first quarter of 2024 compared to the fourth quarter of 2023, with a strong finish in the back half of 2024.
  • Raw material prices are expected to increase as purchased pulp prices are forecast to increase from fourth quarter 2023 levels.

Onramp Invest First US Firm to Deliver Investable Access to the CoinDesk 20 Index

Retrieved on: 
Thursday, February 29, 2024

NEW YORK, Feb. 29, 2024 /PRNewswire/ -- Onramp Invest, a Securitize company and a turnkey asset management platform that provides everything RIAs need to support blockchain-based alternative investment offerings, today announced that advisors using its platform can access theCoinDesk 20 Index, an investable index that measures the performance of top digital assets. The CoinDesk 20, currently trading via perpetual futures on the Bullish Exchange, is published byCoinDesk Indices, the leading provider of digital asset indices since 2014.

Key Points: 
  • The CoinDesk 20 Index measures the performance of twenty top digital assets with a focus on liquidity.
  • The CoinDesk 20 Index is intelligently designed and captures more than 90% of the digital asset market capitalization1, and we're thrilled to offer advisors another powerful index from CoinDesk Indices.
  • In addition to the CoinDesk 20, Onramp's flexible platform features other CoinDesk Indices offerings, including CoinDesk Market Select Index (CMIS) , CoinDesk Defi Select Index (DFX) , CoinDesk Currency Select Index (CCYS) , Bitcoin Trend Indicator (BTI) and Ether Trend Indicator (ETI) .
  • For more information on Onramp's platform for advisors and how to access the CoinDesk 20 Index, please visit https://onrampinvest.com/coindesk-indices/ .

Cboe Digital Exchange Data Now Available Through Coin Metrics' Market Data Feed

Retrieved on: 
Tuesday, February 27, 2024

BOSTON, Feb. 27, 2024 /PRNewswire/ -- Coin Metrics, the leading provider of crypto financial intelligence, is pleased to announce that it has added data from the Cboe Digital Exchange to its Market Data Feed.

Key Points: 
  • BOSTON, Feb. 27, 2024 /PRNewswire/ -- Coin Metrics, the leading provider of crypto financial intelligence, is pleased to announce that it has added data from the Cboe Digital Exchange to its Market Data Feed.
  • Cboe Digital Exchange trades, order books, quotes, and candles are now available through the Coin Metrics REST API and WebSocket, with additional metrics to be onboarded in the coming weeks.
  • "With institutional backing and a prudent focus on regulatory compliance, Cboe Digital is an important exchange for investors who are entering the digital asset marketplace and using Coin Metrics' tools to assess it," said Tim Rice, co-founding CEO of Coin Metrics.
  • Coin Metrics' Market Data Feed provides access to historical and real-time data from over 40 of the world's leading spot and derivatives crypto exchanges.

CoinEx Research: ETH Could Lead the Next Market Cycle in March

Retrieved on: 
Tuesday, February 27, 2024

HONG KONG, Feb. 27, 2024 /PRNewswire/ -- CoinEx Research has released its monthly crypto market analysis report for February 2024. The report reviews Bitcoin's surge in February amid the approval of the first BTC ETF, but predicts Bitcoin prices may enter into a consolidation range in March. At the same time, it highlights an outstanding performance for Ethereum and upside potential in the ETH/BTC exchange rate.

Key Points: 
  • Predicting Bitcoin Consolidation and Ethereum Outperformance
    HONG KONG, Feb. 27, 2024 /PRNewswire/ -- CoinEx Research has released its monthly crypto market analysis report for February 2024.
  • At the same time, it highlights an outstanding performance for Ethereum and upside potential in the ETH/BTC exchange rate.
  • On the other hand, with multiple bullish factors stacking up for Ethereum, including a possible Ether ETF approval, the Duncan upgrade implementation, and a decrease in circulating supply from locked staking coins, ETH could lead the next market cycle in March.
  • CoinEx Research expects the overall crypto market sentiment to remain positive in March, but Bitcoin may take a break as Ethereum becomes the next trending sector.

WiMi Developed a Blockchain-Based Data Security Model for Large Private Network Transactions

Retrieved on: 
Monday, February 26, 2024

Therefore, WiMi's model focuses on protecting the data privacy of transactions through Bitcoin and Ether blockchain technology to ensure that user data is adequately protected during network transmission.

Key Points: 
  • Therefore, WiMi's model focuses on protecting the data privacy of transactions through Bitcoin and Ether blockchain technology to ensure that user data is adequately protected during network transmission.
  • WiMi developed a blockchain-based transaction data security model for large-scale private networks.
  • The large-scale private network transaction data security model based on blockchain technology uses blockchain's peer-to-peer encrypted links to ensure the security of data transmission.
  • WiMi will continue to optimize and upgrade its large-scale private network transaction data privacy and security model as technology continues to evolve.

CME Group to Launch Micro Euro-denominated Bitcoin and Ether Futures on March 18

Retrieved on: 
Tuesday, February 20, 2024

CHICAGO, Feb. 20, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced it plans to further expand its cryptocurrency derivatives offering with the addition of Micro Bitcoin Euro and Micro Ether Euro futures on March 18, pending regulatory review.

Key Points: 
  • CHICAGO, Feb. 20, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced it plans to further expand its cryptocurrency derivatives offering with the addition of Micro Bitcoin Euro and Micro Ether Euro futures on March 18, pending regulatory review.
  • As such, we have seen a four-fold increase in volume in our USD-denominated Micro Bitcoin and Micro Ether futures," said Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group.
  • Designed to match their U.S. dollar-denominated counterparts, Micro Bitcoin Euro and Micro Ether Euro futures contracts will be sized at one-tenth of their respective underlying cryptocurrencies.
  • Micro Bitcoin and Micro Ether futures also saw a trading surge, with average daily volumes growing 43% versus December 2023.

Laser 2: An introduction to the protocol to bring Ethereum to the next level

Retrieved on: 
Monday, February 12, 2024

When one holds Ether on the Ethereum network, one does not earn anything extra.

Key Points: 
  • When one holds Ether on the Ethereum network, one does not earn anything extra.
  • By using Laser2 in order to earn yield, users can benefit from Laser2's seamless integration with Lido and MakerDAO.
  • One of the eternal problems of the Ethereum network have been the high gas fees users pay for transactions.
  • Developers can capitalize on Laser2's Ethereum Virtual Machine toolkit to build and integrate their own dApps and smart contracts.

Bybit Maintains High-Ratio of Crypto Asset Reserves

Retrieved on: 
Wednesday, February 7, 2024

DUBAI, UAE, Feb. 7, 2024 /PRNewswire/ -- Bybit , the world's third largest crypto exchange by volume, has released its latest Proof of Reserves, showing its holdings of an industry-leading 32 cryptocurrencies with a reserve ratio of over 100%.

Key Points: 
  • DUBAI, UAE, Feb. 7, 2024 /PRNewswire/ -- Bybit , the world's third largest crypto exchange by volume, has released its latest Proof of Reserves, showing its holdings of an industry-leading 32 cryptocurrencies with a reserve ratio of over 100%.
  • The report, now in its 13 month, shows some assets have seen an increase of over 25% since December 2023.
  • Bybit deploys an advanced cryptographic accounting procedure using the Merkle Tree structure to efficiently process complex data for accurate and secure verification of its digital asset reserves.
  • "We believe that transparency is essential for both individual users and the crypto industry as a whole," said Ben Zhou, co-founder and CEO of Bybit.

Bybit Maintains High-Ratio of Crypto Asset Reserves

Retrieved on: 
Wednesday, February 7, 2024

DUBAI, UAE, Feb. 7, 2024 /PRNewswire/ -- Bybit , the world's third largest crypto exchange by volume, has released its latest Proof of Reserves, showing its holdings of an industry-leading 32 cryptocurrencies with a reserve ratio of over 100%.

Key Points: 
  • DUBAI, UAE, Feb. 7, 2024 /PRNewswire/ -- Bybit , the world's third largest crypto exchange by volume, has released its latest Proof of Reserves, showing its holdings of an industry-leading 32 cryptocurrencies with a reserve ratio of over 100%.
  • The report, now in its 13 month, shows some assets have seen an increase of over 25% since December 2023.
  • Bybit deploys an advanced cryptographic accounting procedure using the Merkle Tree structure to efficiently process complex data for accurate and secure verification of its digital asset reserves.
  • "We believe that transparency is essential for both individual users and the crypto industry as a whole," said Ben Zhou, co-founder and CEO of Bybit.

Roundhill Investments Launches Bitcoin Covered Call ETF (YBTC)

Retrieved on: 
Thursday, January 18, 2024

NEW YORK, Jan. 18, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, is pleased to announce the launch of the Roundhill Bitcoin Covered Call Strategy ETF (YBTC), which begins trading on Cboe BZX today. YBTC is the first bitcoin covered call strategy ETF to list in the U.S.

Key Points: 
  • YBTC is the first U.S. ETF to implement a covered call strategy on bitcoin*, allowing investors to participate in upside exposure to bitcoin* while potentially generating monthly options income.
  • NEW YORK, Jan. 18, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, is pleased to announce the launch of the Roundhill Bitcoin Covered Call Strategy ETF (YBTC), which begins trading on Cboe BZX today.
  • YBTC is the first bitcoin covered call strategy ETF to list in the U.S.
    YBTC seeks to offer investors exposure to bitcoin*, the world's largest cryptocurrency by market capitalization.
  • The Fund employs a covered call strategy on bitcoin ETFs, designed to generate monthly income while providing investors with exposure to the price movements of bitcoin (subject to an upside cap).