Ethereum

Contrasting with the lengthy approval process of Bitcoin ETFs, Ethereum ETFs might see faster regulatory clearance. As SEC finalizes Ethereum ETFs, Ethereum shows slight market gains against the broader cryptocurrency market downturn. Recent updates suggest a potential early July approval for Ethereum ETFs, as indicated by Bloomberg’s senior analyst Eric Balchunas. Following a positive review by the Securities and Exchange Commission (SEC), Balchunas pinpointed July 2 as a likely start date for these ETFs. This prediction aligns with SEC Chair…

Despite the initial excitement about the Ethereum ETF approval expected in the coming months, ETH has faced considerable struggles, remaining stagnant at $3,500. Meanwhile, TRON has managed a modest surge, positioning itself for potential growth. At the same time, DTX Exchange is making waves with a banging presale nearing $700K. Ethereum (ETH) Price Performance And Future Forecast Ethereum (ETH), the second-largest cryptocurrency by market cap, has long been ruling the market with its high trading value. Despite the recent approval…

The post Dogecoin (DOGE) Millionaire Says This Ethereum Token Is Poised For A 782% Bull Run In 2 Months appeared first on Coinpedia Fintech News Meme coins have been at the mercy of the crypto market so far, as volatility has left the top tokens struggling for gains. For some tokens, though, the end of their price fluctuations might be near. Dogecoin has hit its ‘make or break’ levels, and the next few days will be decisive. Still, the crypto…

Discussions around when the Spot Ethereum ETFs will likely begin trading have continued to heat up. This time, Bloomberg analyst Eric Balchunas and fellow Bloomberg analyst James Seyffart have shared an update on when they expect these funds to begin trading.  Spot Ethereum ETFs To Begin Trading By July 2 Balchunas stated in an X (formerly Twitter) post that they are moving their “over/under date” for the launch of the Spot Ethereum ETFs to July 2. He revealed they had…

Ethereum (ETH) is tipped for a bullish run following the recent shift of BlackRock towards permissionless blockchain. BlackRock recently launched its first tokenization project on the Ethereum blockchain.  The longstanding argument between a non-restrictive, permissionless distributed ledger system and its permissioned counterpart crept into a panel discussion at Coinbase’s State of Crypto Summit 2024 on June 13, 2024. Here, Ethereum’s permissionless blockchain seemed to have emerged at the top with Samara Cohen, the Chief Investment Officer of BlackRock for ETF…

The post Bloomberg Analyst Predicts July 2 Launch for Spot Ethereum ETF appeared first on Coinpedia Fintech News Bloomberg analyst Eric Balchunas has revealed a revised launch date for the spot Ethereum ETF: July 2nd. This announcement follows positive feedback from the SEC. The review of S-1 filings by the SEC is proceeding well, with only a few comments needing to be addressed. Balchunas mentioned this new accelerated timeline for the SEC, aiming for ETF approval before the holiday weekend.…

According to the latest report by QCP Capital, options data reveals a plunge in trading volatility, particularly for Bitcoin, meaning cryptocurrency traders could be in for a tamer summer. The research firm, which is well known for spotting new market trends, points out that the data patterns in the charts suggest that we are likely to have a more shallow trading period for now. This comes as the market is still recovering from recent highs and lows, consigning traders in…

Two tokenized mutual funds for the US Treasury and European Bonds have been launched by Spiko and will be available on the Ethereum and Polygon blockchain.  4 million Euros ($4.2 million) has been raised through a pre-seed round to sustain and finance the platform.  Polygon (MATIC) has announced the launch of two tokenized mutual funds by Spiko as part of the plans to transform the financial markets by leveraging blockchain databases. Based on the US Treasury bond and Europe government…

Ethereum has seen a number of notable withdrawals that suggests that crypto whales are expecting a recovery in price. These large withdrawals has caused the ETH balances on centralized exchanges to fall to their lowest level since 2016. 336,000 ETH Withdrawn From Exchanges Crypto analyst Ash Crypto took to X (formerly Twitter) to reveal a notable change in the amount of ETH that is being held on centralized exchanges currently. Notably, there has been a marked increase in the withdrawals…