Ethereum

The post Bitcoin, Ethereum & Solana Combo ETF Coming Soon : Predicts Head of ETF Store appeared first on Coinpedia Fintech News Solana (SOL), the fifth-largest cryptocurrency by market cap, has established itself alongside Bitcoin and Ethereum as part of crypto’s Big Three. With Bitcoin and Ethereum already having spot ETFs or about to launch them, it’s likely that Solana will get one too. This could significantly impact SOL, potentially even greater than what we’ve seen with Bitcoin and Ethereum.Therefore,…

Ethereum price started a downside correction from the $3,500 resistance zone. ETH declined below $3,440 and might struggle to stay above $3,380. Ethereum is moving higher above the $3,500 zone. The price is trading above $3,520 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,450 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if there is a clear move above the $3,565 resistance…

The post Ethereum ETF Received Preliminary Approval to Start Trading on July 23 appeared first on Coinpedia Fintech News The Securities and Exchange Commission has given preliminary approval to at least three of the eight asset managers, namely BlackRock, Franklin Templeton, and VanEck, that want to launch exchange-traded funds based on the spot price of ether, which will begin trading on July 23.  The approval is dependent on applicants submitting final offering documentation to authorities by the end of this…

Prominent asset manager Grayscale Investments is set to launch spinoffs of their Grayscale Ethereum Trust’s (ETHE) and Grayscale Bitcoin Trust (GBTC) exchange-traded funds (ETF). Following inquiries by market spectators and potential investors, Bloomberg analyst James Seyffart has provided much insight into the nature and operation of these spinoffs. Grayscale ETF Spinoff Based On 90-10% Sharing Format, Seyffart Says On Friday, James Seyffart published a thread on social media platform X, discussing vital information about Grayscale’s ETF spin-offs Grayscale Ethereum Mini…

The post Bitcoin and Ethereum Year-End Predictions: $100,000 and $10,000 Targets Appear Feasible Amid ETF Excitement appeared first on Coinpedia Fintech News Over the past few weeks, important events have impacted Bitcoin, including those related to Mt. Gox. Despite the challenges, the Bitcoin chart is now approaching a potential breakthrough at the $70,000 mark. Analyst Tim Warren, Host of Investing Broz, predicts a possible rally to $82,000 and then towards $100,000. Key resistance is around $66,500, but if bullish momentum…

The post Buterin Says Ethereum Is Largely Decentralized Compared To Bitcoin appeared first on Coinpedia Fintech News Vitalik Buterin has pointed out that Ethereum is in a better place than Bitcoin regarding robustness and decentralization. Speaking at the ETHCC in Brussels, Vitalik Buterin noted that two mining pools account for 50% of the computing power of Bitcoin while four make up 75%. Drawing lines with Ethereum, he stated that a large portion is unidentified meaning they are operated by a…

The Chicago Board Options Exchange (CBOE) has confirmed the launch date for Spot Ethereum ETFs, revealing when five Spot ETH ETFs will commence trading in the crypto market.  CBOE Finalizes Launch Date For Spot Ethereum ETFs On July 19, the CBOE released a new issue notification on its official website concerning the launch of Spot Ethereum ETFs trading. According to the notification, five Spot ETH ETFs will begin trading on the Chicago Board Options Exchange on July 23, 2024, pending…

The post Cryptocurrency Market Records A Strong Recovery, Bitcoin Reclaims $66,500, Ethereum Hits $3.5K! appeared first on Coinpedia Fintech News After trading under a bearish sentiment for the past two days, the crypto market has recorded a jump of 3.41% within the past day, from $2.35 Trillion to $2.43 Trillion, a jump of over $80 Billion. Further, the price of BTC has recorded a 24-high of $67,442.42 with a trading volume of $36.22 Billion. Following this, Ethereum price has reclaimed…

The post Ethereum Spot ETF Will Start Trading on 23rd July! appeared first on Coinpedia Fintech News According to the listing notice on Chicago Board Options Exchange (CBOE) website, five Ethereum spot ETFs will begin trading as a new issue on July 23, 2024. These five ETH ETFS include 21Shares Core Ethereum ETF (CETH), Fidelity Ethereum Fund (FETH), Franklin Ethereum ETF (EZET), Invesco Galaxy Ethereum ETF (QETH), and VanEck Ethereum ETF (ETHV).