Trading

As the US Securities and Exchange Commission (SEC) approved all the spot Ethereum ETF applications, despite increased regulatory uncertainty surrounding the cryptocurrency, investors are becoming more optimistic about the potential for ETH’s price to reach new heights.  Bullish Sentiment Surrounds Ethereum ETF Approval  DeFiance Capital Founder and CIO Arthur Cheong predicts that ETH could reach an annual high of $4,500 before the newly approved index funds begin trading, surpassing its mid-March high of $4,096. This projection falls just short of…

Strategic timing and market insights can make the difference between significant gains and missed opportunities. One trading expert, renowned for his timely exit from Ethereum (ETH) at its all-time high (ATH) of $4,800, has recently made headlines again by accumulating a massive bag of Retik Finance (RETIK) at its launch. The move has sparked considerable interest and speculation within the crypto community, highlighting Retik Finance as a potentially game-changing player in the decentralized finance (DeFi) market. Ethereum Success and Strategic…

The post Ethereum Price To Hit This Level Before ETH ETF Trading Goes Live appeared first on Coinpedia Fintech News ETH ETFs may start trading by July or August, but the market is already predicting a bullish trend. Arthur Cheong, CEO of DeFiance Capital, expects Ethereum to reach $4,500 before spot ETF trading begins. He believes U.S. approval of spot Ethereum ETFs will attract many retail investors, similar to the 2017 crypto boom. Currently, over 70% of spot Bitcoin ETF…

Bitcoin price is slowly losing momentum and struggling below $70,000. BTC is now consolidating and facing hurdles near the $69,500 resistance zone. Bitcoin is facing many key hurdles near the $70,000 zone. The price is trading above $69,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $69,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move down if it stays below…

Since Thursday, XRP has outperformed Bitcoin, with the top crypto unable to maintain its gains from earlier in the week, when it hit a two-month high above $71,000. XRP trading on the derivatives market also hit new highs during the week, pushing the token to a 12.7% trading value to market cap ratio. XRP outperformed Bitcoin in the latter part of the week as the token managed to maintain its momentum, while the top crypto fell off after a sharp…

London, United Kingdom, May 26th, 2024, Chainwire USDTlr.com is pleased to announce the successful launch of its new automated trading platform, which is now in the beta phase. This platform is designed to assist users in navigating the volatile market with no human intervention, streamlining the trading process. Without any human intervention, making the process seamless and efficient for users. The USDTlr automated trading system operates entirely on advanced algorithms and technology, ensuring precise and swift transactions. By removing the…

Coinbase International will launch perpetual futures for Shiba Inu (SHIB) and other meme coins on May 30, 2024. Coinbase’s decision to introduce these instruments is a response to the growing interest in meme-based cryptocurrencies. Coinbase International will launch perpetual futures for Shiba Inu (SHIB) and several other meme coins on May 30, 2024. This move aims to enhance trading flexibility and strategies for institutional clients outside the U.S. @CoinbaseIntExch will add support for Bonk, FLOKI, and Shiba Inu perpetual futures…

Analysts predict that spot Ethereum ETFs might not see the same level of interest as Bitcoin ETFs, citing lower institutional demand for Ethereum. Analysts anticipate a tepid reception based on current investor behavior and existing Ethereum-based product performance. The entire crypto market seemed to be very much excited about the arrival of the spot Ethereum ETF this week, which finally received the go-ahead from the U.S. SEC. While the ETH price rallied 25% and above in anticipation of the approval,…

Coinbase has re-listed XRP trading after a nine-month ban following collaborative efforts with the New York Department of Financial Services. This major development comes amid a huge legal battle with the SEC. Coinbase’s chief legal officer, Paul Grewal, has announced that customers in the state of New York can once again trade XRP tokens on Binance after a nine-month ban. This development comes after a lengthy moment of work by the New York Department of Financial Services (NYDFS) to ensure…