Ethereum

Algorand Foundation’s new ad criticized Bitcoin, Ethereum, and Solana for their efficiency. The ad received mixed reactions from the crypto community and sparked a conversation about the art of advertising crypto products. Algorand, The Only One “Delivering” Algorand’s latest ad has sparked controversy for “dissing” three networks. Titled “When Blockchain Meets The Real World, Only One Can Deliver,” the ad features a classic grocery store checkout line format. The video shows three customers trying to pay for groceries with crypto:…

A crypto analyst has made a rather cryptic prediction, suggesting that the approval of Ethereum Spot ETFs by the United States Securities and Exchange Commission (SEC) could unleash a new wave of “animal spirits.” This term in crypto is often used to describe an irrational exuberance and optimism that fuels financial markets.  Ethereum Spot ETF To Reignite Animal Spirits In an X (formerly Twitter) post on May 22, a crypto analyst identified as “the DeFi Villain,” made a bold forecast,…

The post Analyzing the Effect of Approval of Ethereum ETF on Solana: Market Trends and Price Prediction appeared first on Coinpedia Fintech News The news of the approval of Ethereum ETFs by the U.S. Securities and Exchange Commission has influenced the cryptocurrency market immensely, particularly affecting Solana. Within this regulatory change, market experts indicate the rapidly changing dynamics and what it means for Solana investors. Solana’s Potential for an ETF With the approval of the Ethereum ETF by the US…

The post First Bitcoin ETF, Now Ethereum ETF, Whose Next SOL, XRP? appeared first on Coinpedia Fintech News On January 11, the U.S. Securities and Exchange Commission (SEC) approved the first Spot Bitcoin ETF. Four months later, the SEC approved another spot ETF, this time for Ethereum. This highlights the SEC’s evolving stance toward crypto adoption. Meanwhile, Crypto analysts at Standard Chartered weighed in on the potential ETF launch for other altcoins. Solana & XRP ETFs On The Line With…

The post XRP Lawyer Challenges SEC’s Cryptocurrency Classification: Ethereum vs. Solana and Cardano appeared first on Coinpedia Fintech News Meta Law Man, a popular XRP lawyer, complained about the SEC classifying cryptocurrencies, particularly after the recent Ethereum (ETH) declaration as a commodity. The development of the occurrence makes it problematic for the SEC on other cryptocurrencies, such as Solana (SOL) and Cardano (ADA), which the regulator defines as security. SEC’s Inconsistent Classification Meta Law Man then called out the SEC…

The post Sell, Buy, or Hold? Here’s the Best Strategy to Follow Post Ethereum ETF Approval appeared first on Coinpedia Fintech News The U.S. Securities and Exchange Commission (SEC) has greenlit eight Ethereum exchange-traded funds (ETFs), stirring excitement in the crypto community. But Ethereum’s price took a bumpy ride post-approval, dropping from $3,880 to $3,632, showcasing its typical volatility. This echoes Bitcoin’s past behavior, where dips often preceded big gains. What’s the story for Ethereum from here on? Read to…

The post Don’t Expect an Ethereum ETF Boom Overnight: Here’s Why appeared first on Coinpedia Fintech News Think SEC has fully approved ETH ETFs? Well, you’re wrong. Ethereum Exchange-Traded Funds (ETFs) are causing quite a stir in the crypto space. But let’s set the record straight: while the SEC has given the nod to Form 19b-4 for eight Ethereum ETF issuers, including big names like BlackRock and Fidelity, full approval is still pending. This news has sparked both excitement and…

Ethereum has yet to witness a move on the upside today, following the historic approval of the ETH Spot Exchange-Traded Funds (ETFs). However, given the impact of the exchange funds, as seen with Bitcoin, several crypto analysts and market watchers anticipate a major rally for ETH in the upcoming months. Joining the fray is popular cryptocurrency expert and trader Javon Marks, who has spotlighted a noteworthy breakout in the price action of Ethereum, speculating that the development may trigger a…

Ethereum (ETH), the world’s second-largest cryptocurrency, has been on a tear lately. After months of hovering, the coin has seen a surge in price, and analysts are now pointing to signs within the derivatives market suggesting this rally might have legs. Taker Buy Sell Ratio Nears Equilibrium One key indicator is the Taker Buy Sell Ratio, a metric that tracks the volume of buy orders compared to sell orders in ETH’s perpetual futures market. Traditionally, a ratio below 1 suggests…