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Standard Chartered’s head of digital asset research, Geoff Kendrick, has predicted a significant rise in bitcoin’s price, potentially surpassing its previous all-time high of $73,798 by this weekend. His optimistic outlook is fueled by the anticipated approval of spot ether exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), which he believes will … Read more
ETH price gained 25% off mere rumors, but Ethereum derivatives data suggests that Ether could see even more upside. Go to Source
Bitcoin derivatives data suggests room for additional price upside in the coming weeks as Ethereum ETF approval chances rise. Go to Source
According to Reuters, sources revealed that the U.S. Securities and Exchange Commission (SEC) has requested Nasdaq and Cboe to “fine-tune” their spot ethereum exchange-traded fund proposals. Ethereum experienced a 22% increase over the past day, coasting along at $3,785 per unit on Monday at 9:30 a.m. Eastern Time. Reported SEC ‘Fine-Tuning’ Request Fuels Ethereum Rally … Read more
Amid growing speculation about the potential approval of spot ethereum exchange-traded funds (ETFs), Fidelity Investments has revised its ether ETF filing, omitting all staking features previously included in the proposal. This update follows reports that ETF issuers were allegedly instructed to revise their 19b-4 filings with the U.S. Securities and Exchange Commission (SEC). Fidelity Alters … Read more
In a series of recent social media posts, renowned crypto investor and influencer Anthony “Pomp” Pompliano has shared his optimistic outlook on the future of the cryptocurrency industry. Highlighting the potential approval of an Ethereum exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission, Pomp stated, “If they approve the Ethereum ETF, they are … Read more
Ethereum price soared to a 2-month high at $3,700 today as analysts significantly boosted their expectation that a spot ETH ETF could be approved. Go to Source
On May 20, 2024, Bloomberg Intelligence exchange-traded fund (ETF) senior analyst Eric Balchunas informed his 274,000 X followers that he and his colleague James Seyffart had increased their expectations for the approval of a spot-based ethereum ETF. “Update: [James Seyffart] and I are increasing our odds of spot Ether ETF approval to 75% (up from … Read more
Crypto startup funding rose to $2.4 billion in the first quarter of 2024, driven by expectations of lower interest rates and the launch of the first U.S. bitcoin spot exchange-traded funds (ETFs), according to Pitchbook data. This funding, spread across 518 deals, marked a 40.3% increase from the previous quarter, even as global venture capital … Read more
ETH price hit $3,100, backed by a favorable court ruling and increased network activity. Go to Source
