Ethereum

The post Ethereum ETFs Face Major Delays: SEC’s Gensler Reveals Crucial Details appeared first on Coinpedia Fintech News SEC Chairman Gary Gensler finally broke the silence about the approval process for spot Ethereum ETFs, generating a mix of anticipation and uncertainty among investors. In a recent interview with CNBC, Gensler revealed that the review of spot Ethereum ETF S-1 reports might be lengthy, which could cause delays in finalization. This statement emerged as major players like BlackRock and VanEck submitted…

The post VanEck’s Ethereum Price Prediction: ETH Price To Hit $22,000 by 2030 with ETF Boost appeared first on Coinpedia Fintech News The investment management firm VanEck recently announced an ambitious Ethereum (ETH) price target of $22,000 by 2030. This comes after the U.S. Securities and Exchange Commission (SEC) approved spot Ethereum Exchange-Traded Funds (ETFs). According to VanEck’s analysis, several factors could drive this potential surge in Ethereum’s price, including positive investor sentiment about the newly approved ETFs, steady improvements…

The post VanEck Predicts Ethereum To Reach $22,000 By 2030 appeared first on Coinpedia Fintech News VanEck has raised its 2030 Ethereum price target to $22,000, influenced by ether ETF news, scaling progress, and on-chain data. VanEck has analyzed how ETH and BTC perform in both traditional and crypto-only portfolios for optimal returns. With the recent approval of Spot Ethereum ETFs by the SEC and full approval by the regulator due soon, the hype around the asset is rising. Experts…

Ethereum price is slowly moving higher above the $3,800 resistance zone. ETH could gain bullish momentum if it clears the $3,880 and $3,920 resistance levels. Ethereum is holding gains above the $3,800 level. The price is trading above $3,840 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support near $3,840 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase unless there is a close below…

K33 Researchers are optimistic spot Ethereum ETFs will attract over $4 billion in assets in 5 months. This inflow is poised to stir a growth in the price of the cryptocurrency across the board. Crypto analytical firm K33 Research predicts spot Ethereum Exchange-Traded Funds (ETFs) will attract inflows of $4 billion within the first five months of trading. This translates to 800,000 to 1.26 million ETH or around 0.7% to 1.05% of the entire coin supply. Notably, this projection surpasses…

Despite the relative tepid movement in the crypto market since Bitcoin hit a new all-time high (ATH) in March, Bitcoin, Ethereum, and Solana have continued to top traditional assets, including Gold. This was highlighted in a recent report that showed how crypto assets have provided the best returns for a while now.  Bitcoin, Ethereum, And Solana Outperform Traditional Assets Raoul Pal, Co-Founder of Exponential Age Asset Management (EXPAAM), shared the crypto investment firm’s latest monthly update, showing annualized returns on…

Ethereum Layer 2 blockchain, LightLink, announced the integration of Hummingbird with the Celestia mainnet. The integration is crucial for reducing storage costs and improving security on LightLink’s way toward 10,000 TPS.  Ethereum Layer 2 (L2) blockchain, LightLink, today announced the launch of its client, Hummingbird, on Celestia’s Mainnet. The integration is integral to LightLink’s journey toward reaching 10,000 transactions per second (TPS) and functions by reducing storage costs and enhancing security.  Reduced Transaction Fees and Greater Scalability LightLink, the Ethereum…

Tortola, British Virgin Islands, June 5th, 2024, Chainwire Nibiru EVM execution boasts blazing-fast transaction speeds, scalability, and seamless integration for Ethereum developers, positioning Nibiru to drive mainstream adoption and innovation in Web3.  Overcoming Ethereum's Scalability Hurdles Nibiru Chain, a pioneering smart contract ecosystem, introduces Nibiru EVM, a high-performance Ethereum Virtual Machine (EVM) execution environment, showcased in its latest v2 release. Nibiru plans to scale beyond Ethereum's current infrastructure, which is limited to approximately 20 transactions per second (TPS) and results…

The post Raoul Pal Says ‘Battle-Tested’ Cryptocurrency Solana Could Climb 47x; Is $1000 Incoming for Ethereum Competitor? appeared first on Coinpedia Fintech News Raoul Pal, the founder and CEO of Real Vision and Global Macro Investor, recently updated his price predictions for Bitcoin, Solana, and Ethereum. He describes them as proven and battle-tested assets. He forecasts that Bitcoin could see a 2x to 3x increase from its all-time high of $69,000.  As reported by Savvy Finance, Pal is even more…