The cryptocurrency market is approaching a critical week, influenced by several important factors. A major point of focus is the forthcoming decision by the U.S. Securities and Exchange Commission (SEC) regarding the Spot Ethereum ETF. An expert has highlighted that this decision could cause significant shifts in market trends and impact investor confidence. Key Market…
BlackRock, Franklin Templeton, and VanEck are set to launch Ether ETFs, with Bitwise projecting $15 billion in inflows for these new funds within the next 18 months. The SEC has given preliminary approval to three asset managers for their spot Ether ETFs, which may start trading next Tuesday. The final step is for these firms…
Renowned crypto analyst Michael van de Poppe forecasts that altcoins could increase by 5 to 10 times their current value. Over the past three months, only 33% of the top 50 altcoins have outperformed Bitcoin. Van de Poppe also expects Ethereum to reach $8,000, driven by rising institutional interest and the upcoming ETF launch. After…
Last night, Ethereum outperformed Bitcoin, with its price surging by 7.38% and forming a strong bullish engulfing candle that pushed it above $3,400. Additionally, the SEC has remained silent on the recent S-1 submission, with final versions expected by Wednesday. As the recovery rally gains momentum, Ethereum’s trend appears to be reversing. This raises the…
Ethereum’s price is rising, and it’s a hot topic in the crypto world. Currently, ETH is trading at $3,153.15, up by 11.63% from its lowest point in the past week. So, why is Ethereum heading towards the $4,600 mark? Let’s break it down. Ethereum’s recent price recovery is part of a larger market rebound. Over…
Justin Sun has increased his Ethereum holdings by purchasing $5 million worth of ETH. The price of Ethereum remains steady above $3,000, as anticipation builds for the approval of the upcoming spot Ethereum ETF. Ethereum whale activity has intensified following Justin Sun’s $5 million purchase. As the approval of the Ethereum ETF nears, whale activity…
An Ethereum whale has transferred 16,449 ETH (valued at $50.3 million) from Binance, causing a stir in the market. This significant move occurred as ETH surpassed the $3,000 mark. According to Spot on Chain, this is the first time the whale has moved such a large amount of ETH to a different wallet, sparking discussions…
Issuers of the spot Ethereum ETF are set to submit their S-1 forms by Monday, allowing the SEC to review them once again. ETF Store President Nate Geraci anticipates that approval could come within the next two weeks. Ethereum (ETH) price is facing significant selling pressure as the anticipated approval of spot Ethereum ETFs approaches….
Bloomberg’s senior ETF analyst has updated his prediction regarding the launch of ether exchange-traded funds (ETFs), noting delays due to the U.S. Securities and Exchange Commission (SEC)’s review process during the holiday week. Despite the approval of 19b-4 filings for eight ether ETFs in May, the S-1 registration statements are still pending. SEC Chair Gary…
The price of Ethereum (ETH) dropped by another 3.72% on Sunday, June 23, due to a general market correction. Despite this drop, it might be a good time to buy ETH at a low price, as its value could soon go up. This is because spot Ethereum ETFs are expected to start in just two…
Ethereum (ETH), the top smart contract platform, has been significantly affected by Bitcoin’s (BTC) decline. The potential approval of a spot ETF in Ethereum had led to a price increase. While a similar rise was expected in Ethereum, as seen with Bitcoin recently due to the spot ETF effect, what is the current situation with…
According to Animoca Brands Chairman Yat Siu, Hong Kong is exploring the integration of staking rewards into spot Ethereum ETFs. Siu believes there is a possibility that the staking issue will be approved by the end of this year. He mentioned that discussions about Ethereum staking are ongoing and that the approval of staking in…
VanEck says that Ethereum is becoming a strong competitor to Google and Apple as both an application and finance platform, and it will start to take over their market share. According to VanEck, Ethereum (ETH) will reach $22,000 within six years due to ETF approvals, better scaling, and solid on-chain progress. In a Wednesday report,…
Cryptocurrency investors enjoyed a positive weekend as analyst Jelle forecasted Ethereum’s readiness for a $4,200 test. Jelle’s optimism is fueled by expectations of potential ETF launches, indicating a promising outlook for Ethereum’s future. Cryptocurrency investors had a good weekend as altcoins saw a rise, bringing smiles to many faces. Gaming-focused cryptocurrencies, in particular, experienced significant…
BlackRock updated its Form S-1 for its spot Ether ETF, signaling progress towards potential ETF launches, which analysts view positively as a step forward in collaboration between issuers and the SEC. Analysts suggest that United States spot Ether (ETH) exchange-traded funds (ETFs) could potentially launch by late June, following BlackRock’s update of a crucial filing…
The possible approval of Spot Ethereum ETFs has become a hot topic in the financial world. Many industry experts are sharing their thoughts on when the U.S. Securities and Exchange Commission (SEC) might approve them. Nate Geraci, the host of the ETF Prime podcast, recently mentioned that the approvals could happen within a few weeks….
On Thursday, people on Polymarket bet over $13 million on whether the SEC would approve Ethereum ETFs. Afterward, they debated if the approval actually took place. The U.S. Securities and Exchange Commission (SEC) has approved eight spot Ethereum ETFs, sparking a new debate about what “approved” really means. This argument was particularly intense on Polymarket,…
Ethereum has seen a remarkable recovery following a new stance from the SEC regarding the Ethereum Spot ETF. The token surged by 18% in the past 24 hours, reaching its highest value of the month. Currently, Ethereum is priced at $3,659.60 with a market cap of $439.5 billion. Just moments before this surge, ETH was…
The world’s second-largest cryptocurrency, Ethereum (ETH), has surged 20% in the past 24 hours, showing strong bullish momentum. This rise comes as there is increasing optimism about the approval of a spot Ethereum ETF. The SEC’s encouragement for ETF issuers to submit their 19b-4 filings has fueled large-scale buying by whales. As a result, ETH…
Digital asset trading and custody firm Prometheum has started its controversial Ether (ETH) custody service, which treats ETH as a security. The service was soft-launched on May 17 to a few select companies, with a full launch planned for June. According to a May 20 report from Fortune, the rollout is part of Prometheum’s plan…