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After enduring its deepest correction since the FTX lows, with a decline of 20.3%, Bitcoin has rebounded, reaching $71,000 on May 20, 2024. This remarkable recovery places Bitcoin near its all-time high and showcases a pattern reminiscent of the 2015-2017 bull market. The pattern closely aligns with that of the previous bull market, highlighting a historical … Read more
The world’s largest asset manager, Blackrock, has updated its S-1 registration statement for the Ishares Ethereum Trust, which will be listed as “ETHA.” According to the update, ‘Seed Creation Baskets’ were acquired by the fund’s ‘Seed Capital Investor.’ Furthermore, several spot ether exchange-traded fund (ETF) applicants now have their respective tickers listed on the Depository … Read more
BlackRock updated its Form S-1 for its spot Ether ETF, which analysts say is a “good sign” that issuers and the SEC are working on ETF launches. Go to Source
The collective total held by all Bitcoin ETFs globally is now more than 1 million coins, currently worth almost $68 billion. Go to Source
If Grayscale’s slated spot Ether ETF follows the same path as its Bitcoin one, there could be some short-term pressure on the price of ETH. Go to Source
Growing altcoin market cap and a decline in Bitcoin dominance have spurred renewed hopes for altseason. Go to Source
ETH has come within $70 of the psychological $4,000 price level during early trading on May 27. Go to Source
Bitcoin has experienced a sharp increase, surpassing $70,000 this week, and market sentiment is buzzing with speculation about its potential to set a new all-time high. Despite this optimism, there is uncertainty among traders about how much further Bitcoin can rise. One of the key drivers of this recent surge is the substantial net inflow … Read more
A multi-million bet on “Ethereum ETF approved by May 31” resolved to a “Yes” on Polymarket as news from the SEC broke, but the losing side argues it’s not over yet. Go to Source
VanEck launched a new ad centered around Ethereum, just 30 minutes after the SEC greenlit 19b-4 proposals for spot Ether ETFs. Go to Source