ether

Donald Trump’s 2024 campaign now accepts cryptocurrency donations, signaling strong support for blockchain technology. Trump’s approach contrasts sharply with the previous administration, highlighting a possible shift in U.S. crypto policy. According to the official website for Donald J. Trump for President 2024, Inc., supporters can now contribute to Trump’s campaign using cryptocurrencies. This initiative underscores Trump’s commitment to American innovation and freedom, positioning him as a frontrunner in embracing new technologies aimed at revitalizing America’s greatness. Strategic Moves in Crypto…

The post Ethereum ETF Hopes Boost Ether Call Options appeared first on Coinpedia Fintech News Amid renewed hope in the market over the potential Ethereum ETF approval, ether call options are now more expensive than put options for all expiries, signifying a bullish outlook. Traders are willing to pay more for calls than puts, particularly for options expiring at the end of June and beyond. This indicates a bullish market sentiment as traders anticipate a future price rise. After the…

Standard Chartered Bank predicts SEC approval of Spot Ethereum ETFs could attract $15 to $45 billion in the first year. Geoff Kendrick parallels these expectations with the historically accurate predictions for Bitcoin ETFs. According to a recent update from Crypto News Flash (CNF), Standard Chartered Bank expects the United States Securities and Exchange Commission (US SEC) to approve Spot Ethereum ETFs shortly. Today’s post, updated by Coin Market Cap, features Geoff Kendrick, the bank’s head of FX Research and Digital…

The post Ether Hits Highest Inflows in Months: $306M Moved in One Day appeared first on Coinpedia Fintech News Ether (ETH) holders moved their assets to exchanges at the fastest pace in about four months after a rapid 30% rally, likely for short-term profit-taking. According to Nansen Intelligence, on Tuesday, net flows were reported to be 81,840 ETH, approximately valued at $306 million. This marks the highest single-day inflow since January 23 and the third consecutive day of increased inflows.…

The United States Securities and Exchange Commission (SEC) has asked US exchanges to update their 19B-4 filings on an accelerated basis ahead of a crucial deadline this week.  The Securities and Exchange Commission was expected to reject the spot Ethereum ETF filings, and while approval is not guaranteed, the latest developments suggest progress is being made.  SEC Asks To Update Filings  The SEC’s move to ask applicants to update their filings has sparked speculation that the market regulator may approve…

A proposal to list and trade shares of prominent asset manager Grayscale’s Ether futures exchange-traded fund (ETF) has been withdrawn, as per a new document filed on Tuesday. The filing by the US Securities and Exchange Commission (SEC) revealed that the application for the Grayscale Ethereum Futures Trust ETF, filed by NYSE Arca, Inc. in September last year, was withdrawn on May 3. Previously, the agency had delayed consideration of Grayscale’s ether futures ETF, with the most recent postponement occurring…

Anticipated Approval: Hong Kong is expected to approve new ETFs investing in Bitcoin and Ether as early as Monday. Key Players: Harvest Fund Management and Bosera-HashKey partnership are the main hopefuls awaiting regulatory nod. Hong Kong’s financial regulators are on the brink of approving new financial instruments that will mark a significant evolution in the cryptocurrency landscape. These instruments, known as exchange-traded funds (ETFs), are set to directly invest in Bitcoin and Ether, the two most prominent cryptocurrencies. The anticipated…

The post Crypto Market Reacts to CPI Data: Bitcoin and Ether Prices Take a Hit appeared first on Coinpedia Fintech News Michael Sonnenshein, the CEO of Grayscale has suggested that the outflows of Grayscale Bitcoin Trust (GBTC) might stabilize after a brief period of sustained investor selling.  This stabilization is viewed as a point of potential equilibrium, which includes anticipated outflows like the ones related to settlements of bankruptcy and investor switch trades that are potentially behind them. Despite facing…

As much as $15.2 billion in Bitcoin and Ethereum options is set to expire on March 29. The price of the assets will be impacted by the influence of Spot ETF and halving bound to play a role. The digital currency ecosystem, led by the duo of Bitcoin (BTC) and Ethereum (ETH) is facing liquidity uncertainty at the moment. Despite the positive fundamentals of many altcoin projects, Bitcoin’s influence is still triggering volatility that makes the market unstable. This unpredictable…