Ether can simultaneously be both a security and commodity, meaning it lies under the regulatory scope of two federal agencies, according to former Commodities Futures Trading Commission Commissioner Dan Berkovitz.
A user spent an additional 76% of their total purchase price in gas fees on a single memecoin trade.
Bitcoin and Ethereum's ETH are finding buyers at lower levels, which may be a bullish sign for XMR, OKB and RPL.
Securities and Exchange Commission chair Gary Gensler has said the SEC considers Bitcoin a commodity, but refused to pin down Ether at an oversight hearing.
Ethereum staking withdrawals are picking momentum. But they have not been able to cause a major selloff as many had anticipated post the Shanghai upgrade.
Ethereum price has been gaining momentum in April, even against Bitcoin, as the much-anticipated Shanghai hard fork is just days away.
Bitcoin and Ethereum are both attempting to tackle major price boundaries, but suspicions over the cause of the rally remain.
BTC, ETH, MATIC, HBAR and EOS are likely to pick up momentum if they cross above their respective overhead resistance levels.
Ethereum on-chain and technical indicators show a long-term bullish argument for ETH price in the near to medium terms.
A U.S. regulator called Bitcoin, Ether, and Litecoin commodities in its court filing against Binance. It did not mention XRP anywhere.
