Ethereum

Hong Kong’s securities regulatory body, SFC, has approved the launch of Bitcoin and Ethereum ETFs, offering investors a regulated and secure investment option starting April 30th. Approval Announcement The Securities and Futures Commission (SFC) of Hong Kong recently greenlit the trading of the country’s first wave of spot Bitcoin and Ether exchange-traded funds (ETFs), with trading scheduled to commence on April 30th. This approval marks a significant step in the adoption of cryptocurrencies within Hong Kong's financial landscape. The approval…

Ethereum price failed to clear the $3,280 resistance zone. ETH declined below the $3,200 support and is now consolidating losses above $3,100. Ethereum struggled to clear the $3,250 and $3,280 resistance levels. The price is trading below $3,200 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $3,190 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it trades below the…

The post Ethereum Sees Decline In Whale Interest Amid Rising Bearish Threats: What’s Next For ETH Price? appeared first on Coinpedia Fintech News Ether price witnessed a severe drop a few days ago, currently failing to maintain a trading position around $3,300. Whenever ETH approached the $3,000 mark, buyers stepped in, defending the support. However, those short-term buyers then exit the market at a peak price. As a result, there’s a steep decline in whale interest, resulting in a decline…

The post Cryptocurrency Basics: Furrever Token Presale ROI Soars Above Ethereum and Shiba Inu Challenges appeared first on Coinpedia Fintech News In the wake of Ethereum (ETH)’s resurgence, the broader cryptocurrency market witnesses a surge, with meme coins like Shiba Inu (SHIB) and Furrever Token (FURR) riding the wave of ETH’s momentum. As ETH embarks on a path of recovery, its upward trajectory not only boosts investor confidence but also catalyzes the ascent of other tokens within the ecosystem. Amidst…

Ethereum Classic ecosystem recently demonstrated that network security vulnerabilities can continue. TRON is also a player in the cryptocurrency industry, with legal and regulatory difficulties, including SEC action and allegations of unlawful activity on its network. On the other hand, DeeStream, a decentralized streaming network with novel innovations and significant community engagement, has marked a new milestone with over 3,300 holders in its presale stage two.  As Ethereum Classic continues its appeal, TRON continues dealing with its legal waters. At…

Many things come to the mind of investors when filtering through tokens, but only a few matter. At the end of the day, investors have to be extremely cautious when picking tokens to prioritize. The most important metric tends to be information and the details about cryptos often give an idea about how they are likely to perform. Our analysis provides the most important details about Pushd, a new DeFi project. We also discuss Ethereum, Avalanche and Filecoin, tokens that…

The post Hong Kong to Debut Bitcoin and Ethereum ETFs on April 30th : Signaling Growth in Asian Crypto Markets appeared first on Coinpedia Fintech News Hong Kong is gearing up to join the global financial hub offering cryptocurrency exchange-traded funds (ETFs), with the launch of spot Bitcoin and Ethereum ETFs slated for April 30th. According to the Bloomberg report, this move underscores the city’s ambition to position itself as a hub for digital assets, following in the steps of…

The post SEC Delays Decision on Ethereum ETFs: What’s Next for Grayscale? appeared first on Coinpedia Fintech News The U.S. Securities and Exchange Commission (SEC) is still delaying its definitive ruling on the proposals for Ethereum-based Exchange Traded Funds (ETFs) even after a month of extension.  As the SEC’s deadline to decide on Ethereum ETFs looms on May 23rd, the atmosphere is filled with anxiety and speculations, particularly concerning major player Grayscale Investments’ efforts to transition its Ethereum Trust into…

The post Grayscale Submits New Proposal for Spot Ethereum ETF: Unpacking the Ethereum Mini Trust appeared first on Coinpedia Fintech News In a significant move that could reshape the current negative stigma prevailing about the unlikely approval of spot Ethereum ETFs by the US SEC, Grayscale Investments has officially announced its submission of an S-1 filing for the Grayscale Ethereum Mini Trust, on April 23, 2024.  Detailed Breakdown of the Proposed Ethereum Mini Trust Grayscale’s proposal involves the creation of…