Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
ETH
Ethereum Price To Hit This Level Before ETH ETF Trading Goes Live
The post Ethereum Price To Hit This Level Before ETH ETF Trading Goes Live appeared first on Coinpedia Fintech News ETH ETFs may start trading by July or August, but the market is already predicting a bullish trend. Arthur Cheong, CEO of DeFiance Capital, expects Ethereum to reach $4,500 before spot ETF trading begins. He believes U.S. approval of spot Ethereum ETFs will attract many retail investors, similar to the 2017 crypto boom. Currently, over 70% of spot Bitcoin ETF…
1 year ago
SEC Likely to Greenlight Ethereum (ETH) ETFs: Top 2 Cryptos to Hold for the Forthcoming Altseason
The news of Ethereum ETFs has the cryptocurrency community in a frenzy. The US SEC has delayed making a decision on several Ethereum ETF applications over the last few months. However, rumor now has it that the regulator could give ETH ETFs the green light. If this happens, the price of Ethereum and other top altcoins like Dogecoin and Rollblock could spiral in the coming weeks. Ethereum (ETH) ETF Rumor Brings Positive Momentum To the Crypto Market After a series of…
1 year ago
Investors Optimistic On Ethereum (ETH) ETFs As Cryptocurrencies Gain: These 2 Ethereum Tokens Could Change Your Life This Bull Run
Exciting developments in the crypto market this week have revolved around positive news regarding a potential Ethereum ETF approval, sparking a frenzy that has led to substantial price increases for Ethereum-based coins like PEPE. Amidst this market activity, a promising new project has surfaced, poised to capitalize on the upcoming bull run. Notably, Rollblock (RBLK) is distinguished as a GambleFi protocol, introducing a unique gambling experience that sets it aside from its traditional counterparts. Ethereum Price Soar on Speculation of…
1 year ago
ETFSwap’s $500 Million Goal Draws In Ethereum (ETH) And Solana (SOL) Investors
The ETFSwap (ETFS) platform has seen a surge in popularity as investors seek innovative platforms that can integrate traditional finance products into the digital asset ecosystem. With a $500 million goal, investors from Ethereum (ETH) and Solana (SOL) are shifting towards ETFSwap (ETFS) as they could earn more from merely staking their tokens. Why Investors Are Choosing ETFSwap (ETFS) ETFSwap’s comprehensive web3 marketplace caters to investors of all backgrounds, from seasoned crypto experts to those new to the space. Experienced…
1 year ago
How to Strategize Your ETH ETF Investments: Key Altcoins to Watch
With the bull run of 2024 in full swing, attention turns to which altcoins might influence investment strategies. The right moves could lead to significant growth. This article provides insight into a variety of altcoins that could play critical roles in the performance of ETH ETFs during this bustling market period. Potential investors are keen to discover which altcoins are poised to make an impact. BlastUP Presale Hits $6 Million, Investors Hurry to Buy $BLP Before May Ends The ongoing…
1 year ago
Post-Ethereum ETF Analysis: ETH Price Seeks Bottom As Bulls Eye $5,000 Target
The recent approval of the Ethereum ETF applications by the US Securities and Exchange Commission (SEC) on Thursday has sparked speculation on the next price movements for the market’s second-largest cryptocurrency as the trading launch date approaches. However, significant transfers of Ethereum (ETH) to cryptocurrency exchanges have raised concerns about profit-taking, portfolio rebalancing, and potential market speculation. Sell-Off Amidst Ethereum ETF Greenlight? According to crypto analyst Ali Martinez, these developments coincide with Ethereum founder Jeffrey Wilke transferring 10,000 ETH, valued…
1 year ago
BNB Price Breaks Above $600 As Bull Flag Forming Just Below ATH; Analysts Believe Binance Coin and Rollblock (RBLK) Will Follow ETH Pump
After pricing below its $605 support for a while now, the price of Binance (BNB) coin has successfully spiked above the coveted $600, leading investors to conclude that Binance is following suit with Ethereum’s recent pump. While most consider BNB token as one of the top altcoins to buy this year, a considerable number of crypto holders are also setting their gaze on Rollblock (RBLK), who are revolutionizing the $450bn gambling industry with their new Gamble Fi Protocol. Binance Coin…
1 year ago
ETH ETF May Spark Altseason; Bitcoin Dominance In Risk
The post ETH ETF May Spark Altseason; Bitcoin Dominance In Risk appeared first on Coinpedia Fintech News Bitcoin and Ethereum were down 3.5% on May 24 giving a quiet reaction to the much-awaited approval of Ethereum ETFs. Ether has dropped 4% since the approval while it had risen 20% over a week ahead of its odds of getting approved. Analysts discuss that while 19b-4 got approved, approval on the S1 documents will still take time and might go until mid-June.…
1 year ago
SEC Passed ETH ETF Due To Correlation Between CME ETH Futures And Some Spot ETH Trading Platforms
The post SEC Passed ETH ETF Due To Correlation Between CME ETH Futures And Some Spot ETH Trading Platforms appeared first on Coinpedia Fintech News A recent post on X shared by Wu Blockchain reveals that the SEC passed the Ethereum spot ETF mainly due to the correlation between CME Ethereum futures and certain spot Ethereum trading platforms. Most of the SEC documents provide data evidence of high correlation, and the monitoring and sharing agreements of CME and others can…
1 year ago