Ethereum

The market has had a tough month, but it was merely a correction before the bulls got unleashed for the biggest bull run since Pamplona. The ETH price is just about set and ready to take off now that the Ethereum ETF has been approved, and ERC-20 tokens built on the Ethereum network are all worth a look. The tokens discussed here are all set for a massive uptick in this bull run, but it’s the ongoing Rollblock presale where…

Donald Trump has demonstrated his support for this emerging asset class by accepting campaign contributions in various cryptocurrencies. Bernstein analysts predict crypto could become the primary “Trump Trade” in the current election cycle as Republican prospects improve. Former President Trump’s stance on ending the perceived “war on crypto” has resonated with those dissatisfied with current regulatory policies. He has demonstrated his support for this emerging asset class by accepting campaign contributions in various cryptocurrencies. Contrary to the Biden administration, Trump’s…

The imminent launch of Spot Ethereum ETFs has been a price catalyst for specific crypto assets, and experts expect new market opportunities ahead of the launch. Solana and a new viral ICO, ETFSwap (ETFS), are two projects set to benefit from this pivotal event and have shown exciting trends in the past few weeks. While Solana is a much more established crypto asset, ETFSwap (ETFS) has exhibited the potential for higher returns and safer investment entry amid its ongoing presale.…

Ethereum price struggled to recover above the $3,420 resistance zone. ETH is consolidating and might decline again if there is a move below $3,320. Ethereum is struggling to gain pace for a move above the $3,420 zone. The price is trading below $3,400 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance near $3,400 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $3,400 and $3,425 resistance…

A quant has pointed out how the trends in the BitMEX exchange reserve have affected the Ethereum price during the past few years. BitMEX Ethereum Whales Have Shown Smart Money Behavior In Recent Years In a CryptoQuant Quicktake post, an analyst discussed a pattern in the ETH exchange reserve of the BitMEX platform. The “exchange reserve” here refers to an on-chain metric that keeps track of the total amount of Ethereum that’s sitting in the wallets of any given centralized…

VanEck waives fees on its Ethereum ETF to expedite asset growth, aiming for $1.5 billion by 2025. Positioned competitively against rivals like Franklin Templeton, VanEck leverages strategic fee adjustments to attract investors. Following an update from CNF, VanEck has reiterated its commitment to Ethereum, predicting that ETFs for this altcoin will eventually surpass those for Bitcoin, despite Ethereum’s struggle to reclaim the $3,600 level. VanEck announced it will waive fees on its proposed spot Ethereum ETF until it surpasses $1.5…

The post Ethereum ETFs Set for Launch: Will They Steal the Spotlight from Bitcoin? appeared first on Coinpedia Fintech News Last week, nearly eight companies updated their S-1 amendments with the U.S. Securities and Exchange Commission (SEC), gearing up for the launch of a spot Ethereum ETF by early July. As anticipation builds for the Ethereum ETF, Markus Thielen, CEO of 10X Research, offers a measured outlook. He suggests that the Ethereum ETF might capture only 15% of the investment…

Bitwise’s Chief Investment Officer (CIO) Matt Hougan recently discussed the inflows the US Spot Ethereum ETFs could attract. Specifically, he stated how much could flow into these funds in their first 18 months of trading.  Spot Ethereum ETFs To Record $15 Billion In First 18 Months Of Trading Hougan mentioned in a note to investors that the Spot Ethereum ETFs could record $15 billion in net inflows in their first 18 months of trading. He elaborated on how he arrived…

The SEC Chair Gary Gensler announced that the approval process for Spot Ethereum ETFs is progressing smoothly, with anticipated launch dates in July following a structured regulatory approach and recent legislative clarity. SEC Chair Talks ETH ETF Approval The U.S. Securities and Exchange Commission (SEC) is progressing smoothly with the approval process for the Spot Ethereum ETF, according to SEC Chair Gary Gensler. This development comes after the SEC announced the approval of eight spot Ether ETFs in late May.…