ETH

Despite the initial excitement about the Ethereum ETF approval expected in the coming months, ETH has faced considerable struggles, remaining stagnant at $3,500. Meanwhile, TRON has managed a modest surge, positioning itself for potential growth. At the same time, DTX Exchange is making waves with a banging presale nearing $700K. Ethereum (ETH) Price Performance And Future Forecast Ethereum (ETH), the second-largest cryptocurrency by market cap, has long been ruling the market with its high trading value. Despite the recent approval…

Discussions around when the Spot Ethereum ETFs will likely begin trading have continued to heat up. This time, Bloomberg analyst Eric Balchunas and fellow Bloomberg analyst James Seyffart have shared an update on when they expect these funds to begin trading.  Spot Ethereum ETFs To Begin Trading By July 2 Balchunas stated in an X (formerly Twitter) post that they are moving their “over/under date” for the launch of the Spot Ethereum ETFs to July 2. He revealed they had…

Ethereum (ETH) is tipped for a bullish run following the recent shift of BlackRock towards permissionless blockchain. BlackRock recently launched its first tokenization project on the Ethereum blockchain.  The longstanding argument between a non-restrictive, permissionless distributed ledger system and its permissioned counterpart crept into a panel discussion at Coinbase’s State of Crypto Summit 2024 on June 13, 2024. Here, Ethereum’s permissionless blockchain seemed to have emerged at the top with Samara Cohen, the Chief Investment Officer of BlackRock for ETF…

The post ETH Whales Bet Big on GORB: The Meme Coin of Summer 2024, Surpassing WIF appeared first on Coinpedia Fintech News What is this GORB everyone seems to be talking about? You may have seen ads for it, or various influencers talking about it. Regardless, its take on the space is absolutely hilarious. GORB is not your typical meme coin. Featuring a wild, crazy-eyed seal that loves chaos and crypto domination, GORB brings a fresh and entertaining twist to…

Ethereum is under pressure at press time, tumbling roughly 15% from March 2024. As sellers press on, reversing all gains posted from May 20, on-chain data points to a bullish picture. Ethereum HODLers Scoop 298,000 ETH In 24 Hours Taking to X, one analyst notes a spike in ETH demand, especially from permanent holders. Most likely, these permanent holders are institutions with deeper pockets and are willing to hang on. Unlike retailers, these entities can often choose to hold for…

With the Spot Ethereum ETFs due to begin trading at some point in the next two or three months, could the $ETH price begin to rise in anticipation of this event, or could we see a return to $3,000 first? Gary Gensler, chairman of the SEC, has said that the Spot Ethereum ETFs that his agency has approved, will be able to begin trading this Summer. We are already halfway through June, so this should be within the next couple…

VeChain reports a strong financial position with a total value of $550,972,484.57. The approval of the BTC ETF has significantly boosted the blockchain market. According to the latest update on VeChain Official, the VeChain Treasury Report for Q1 2024 reveals a robust financial standing with a total value of $550,972,484.57. This positive outlook is buoyed by the recent approval of the BTC ETF, signaling growing institutional interest in blockchain technology. This new report builds on the previous updates shared by…

The post SEC Chairman Gensler Predicts Approval of ETH Spot ETF S-1 by End of Summer appeared first on Coinpedia Fintech News Prospective spot Ethereum ETF issuers are awaiting the SEC’s comments on their S-1 filings, submitted on May 31. However, their wait might soon end. Reports suggest that SEC Chair Gary Gensler confirmed a potential approval of the S-1 filings for spot Ethereum by the end of summer, likely between June and August. SEC Chair Teases S-1 Approval In…

The post Ethereum Tests Key Resistance Amid Market Surge Following Promising CPI News: What’s Next for ETH Price? appeared first on Coinpedia Fintech News The May US Consumer Price Index (CPI) indicated a modest decrease in inflation, dropping to 3.3% from April’s 3.4%. This positively impacted the market, triggering a robust recovery in major crypto assets. Bitcoin’s price is currently heading towards the $70,000 mark. Simultaneously, Ethereum (ETH) has experienced an increase in buying activity and is now challenging significant…