Ethereum

In a remarkable turn of events, the crypto market has witnessed a big leap in the past week. Bitcoin which was originally below $65k has suddenly surged past $70k. In a similar vein, Ethereum is one of the top 5 cryptocurrencies that has seen significant price increases in recent times. Other top cryptos that have recently joined the bullish train are Solana, KangaMoon, and Avalanche with each of these tokens witnessing a complete bulls dominance. Analysts project that this swift…

The new ETH ETF is set to make a big splash in the cryptocurrency market. Industry experts anticipate significant effects on popular tokens like PEPE, WIF, and Shiba Inu. One coin, however, might outshine them all as the bull run of 2024 picks up speed. Investors are keen to discover which cryptocurrency will rise above the rest in this exciting development. Over $6 Million Raised: BlastUP Presale Continues, Offering Up To 1000% Potential ROI BlastUP has been getting a lot…

The post Ethereum Could Hit New ATH This Summer, According to Experts: What Does It Mean for Major Altcoins?! appeared first on Coinpedia Fintech News Experts predict that Ethereum might reach its highest value ever this summer. This potential increase has significant implications for other popular cryptocurrencies. With the bull run of 2024 underway, understanding the impact on the wider market is crucial. This article explores what such a milestone could mean for the broader cryptocurrency environment. Keep reading to…

The post Will Ethereum Follow Bitcoin’s Footsteps & Undergo a 20% Retrace for the Next 15 Days? appeared first on Coinpedia Fintech News The recent upswing, followed by the approval of the spot Ethereum ETF, appears to be a short-lived rally as the markets have begun to consolidate. The Ethereum price had also soared close to $4000 but before reaching these levels, the token faced extreme upward pressure. Besides, the Bitcoin price has remained stuck between $67,000 and $67,500 since…

Thomas Fahrer, co-founder of Apollo, a firm focused on Bitcoin adoption, has issued a stark warning regarding the potential market dynamics following the approval of spot Ethereum ETFs. As the market anticipates this new development, Fahrer suggests that the transition might not be smooth for Ethereum. “The Grayscale Ethereum Trust launched in 2017 and accumulated most of its $9 billion dollars worth of ETH well before staking existed. These funds will be unlocked now. Expect a bloodbath. It will accelerate…

BlackRock’s spot Ethereum ETF, now listed on the DTCC as $ETHA, follows SEC approval alongside seven other Ethereum ETFs, though trading awaits further SEC clearance of S-1 filings. BlackRock’s ETH ETF Listed As $ETHA BlackRock's spot Ethereum ETF has been officially listed on the Depository Trust and Clearing Corporation (DTCC) under the ticker symbol $ETHA. This development follows the approval by the US Securities and Exchange Commission (SEC) of eight spot Ethereum exchange-traded funds (ETFs).  SEC Approval and Market Impact…

London, UK, May 24th, 2024, Chainwire In a major development for the cryptocurrency industry, the SEC approved the first-ever Ethereum ETF today. This decision is seen by many as a potential turning point, ushering in a new bull cycle for crypto. With Ethereum paving the way for regulatory acceptance, all eyes are now on other leading projects like Solana. SolanaVM created L2's innovative solution that allows Ethereum dApps to leverage Solana's lightning-fast speed and minimal fees. This can play a…

The Securities and Exchange Commission (SEC) approved all the Spot Ethereum ETFs on Thursday, yet Bitcoin, and the crypto market as a whole, took another hit in price. Bitcoin is down nearly 2% on Friday so far. Ethereum ETF approval a damp squib for $BTC price Such a landmark event as a fairly unexpected approval of all the Spot Ethereum ETFs by the SEC on Thursday might have been the spark that ignited the crypto market into the next phase…

The United States Securities and Exchange Commission (SEC) has approved all spot Ethereum ETFs in a landmark move, paving the way for the products to begin trading later this year.  The green light to spot Ethereum ETFs comes after intense speculation that the Securities and Exchange Commission was considering treating ETH as a security.  Spot Ethereum ETFs Get SEC Green Light  The SEC’s decision marks the approval of the second crypto-based ETF in the United States. It also marks a…