Ethereum

The post Ethereum Faces Sharp Rejection Around $4K as ETF Decision Nears: What’s Next for ETH Price? appeared first on Coinpedia Fintech News Ethereum (ETH) saw significant price volatility recently, due to increased anticipation of spot Ethereum ETFs approval in the U.S. This positive news drove a 28% increase in ETH’s price in a week, achieving highs last seen in mid-March. Although the price briefly dipped to approximately $3,700, key indicators suggest this decline is short-lived, with expectations for Ethereum…

The post Gensler Teases Upcoming SEC Decision on Ethereum ETFs: Here’s What To Expect appeared first on Coinpedia Fintech News U.S. Securities and Exchange Commission Chair Gary Gensler recently hinted at a big decision coming up about Ethereum ETFs but didn’t give away much detail. Gensler suggested that there’s a change in how they’re thinking about these funds after some recent court decisions. Gensler didn’t reveal much but advised everyone to “stay tuned” for an important update that could significantly…

The involvement of Ethereum researchers in advisory roles at EigenLayer has raised significant concerns within the blockchain community about potential conflicts of interest and the maintenance of credible neutrality. Another Ethereum Developer Joins EigenLayer The recent involvement of multiple Ethereum researchers with the EigenFoundation has sparked significant controversy within the blockchain community. Dankrad Feist, an Ethereum Foundation developer, announced his new advisory position at the EigenFoundation, a supporter of the EigenLayer restaking protocol.  Feist's announcement came through a post on…

Factors contributing to Ethereum’s upward trajectory include a surge in open interest in the futures market. Moreover, there’s a resurgence in demand for ETH, driven by increased purchasing from Permanent Holders in anticipation of ETF approval. The recent developments around the approval of the spot Ethereum ETF have sent a strong undercurrent in the market driving the ETH price higher, per the Crypto News Flash report. Since the beginning of the week, the ETH price is already up by over…

Ethereum (ETH) and Celestia (TIA) are fighting for dominance. Ethereum remains the pioneer in decentralized applications, while Celestia innovates with modular blockchain technology. In this dynamic landscape, Raboo ($RABT) is rising as a top meme coin powered by AI and Social-Fi, offering a promising investment opportunity. While the Ethereum price and prospects for Celestia are receiving a mixed reception, Raboo is increasingly attracting investor attention. Why Raboo ($RABT) is the best investment opportunity of 2024 Raboo is about to enter…

The market is currently anxiously following new developments regarding the potential Ethereum ETF.  Standard chartered bank is even predicting the approval will take $ETH coin price to a new ATH of $8000. At the time of writing, the Securities and Exchange Commission (SEC) is set to make its final decision on Friday regarding Ether ETF applications by VanEck and Ark Invest.  This decision could have significant implications for the cryptocurrency market, affecting not only Ethereum ($ETH) but also the thousands…

Standard Chartered Bank projects Ethereum will hit the $8,000 price mark driven by the awaited Ethereum ETF approval by the SEC this week.  The long-awaited Ethereum ETF approval will bolster both the ETH price as well as the general cryptocurrency market. Standard Chartered Bank, a British multinational bank has affirmed Ethereum’s optimistic forecast with a bullish prediction of $8,000 mark by the end of the year. This positive expectation has been stimulated by the growing anticipation of the spot Ethereum…

The post Ethereum Open Interest Soars as Price Nears $4K Milestone appeared first on Coinpedia Fintech News Ethereum’s open interest has surged to $12.5 billion, an 8.13% increase in 24 hours. The $ETH price is trading at $3,877, an intraday jump of 3.59% as it approaches the $4,000 milestone. Moreover, the funding rate is currently 0.0155%, indicating strong demand in the futures market. With growing anticipation of the VanEck’s Spot Ethereum ETF approval today, bullish sentiments are rising. Investors are…

The post Ethereum Shows Bullish Signs With Its Strong Momentum appeared first on Coinpedia Fintech News Ethereum’s price has seen a jump of 18% in just 6 days ahead of the imminent ETH ETF approval by the SEC. Some traders expect it to hit $5,000 by the end of June. A popular technical study also points out that ether’s ongoing uptrend is as strong as in May 2021, displaying the strongest upward momentum in three years. Ethereum’s momentum indicator, which…