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ETH price heads for 5k; whales inject 2B post ETF approval
27.5.2024
The US Securities and Exchange Commission approved one application for the Spot Ether ETF on May 23, 2024. It took whales just five days to capitalize on the opportunity and inject the ecosystem with roughly $2 billion. The impact is evident, with the price skyrocketing closer to $4,000 at the time...
Is It Too Late to Buy Jasmycoin? JASMY Price Soars as New AI Coin Raises $3 Million
27.5.2024
The price of decentralized data storage coin JasmyCoin ($JASMY) has pumped 13% in the last 24 hours and 32% in the last week on news that the US SEC has approved exchange-traded funds (ETFs) for Ethereum ($ETH), the coin powering Jasmy’s native blockchain. Billed as “Japanese...
Traders hope for ‘insane pump’ as altcoins approach key resistance levels
27.5.2024
Growing altcoin market cap and a decline in Bitcoin dominance have spurred renewed hopes for altseason
Ethereum gains 5% in 24 hours: Start of post-ETF approval pump?
27.5.2024
ETH has come within $70 of the psychological $4,000 price level during early trading on May 27
Mad Money’s Jim Cramer Endorses Ether as ‘Great Store of Value’ Amid US Dollar Concerns
26.5.2024
Jim Cramer, the host of CNBC’s Mad Money show, has endorsed ethereum and spot ether exchange-traded funds (ETFs), highlighting the cryptocurrency as a “great store of value” amid concerns over the U.S. dollar due to federal budget deficits. “I have ether because...
3 Questions About the SEC’s Abrupt ETH ETF Approval
24.5.2024
Was the decision politically motivated? What does it mean for Ethereum going forward? Will other leading chains benefit too?
Polymarket erupts: Dispute over Ethereum ETF approval
24.5.2024
The debate has sparked heated discussions about the explanation of ‘approval,’ and there was no response from the business establishments involved. Those who made incorrect speculation about spot exchange-traded funds are raising objections about the decentralized market platform. Although...
Ethereum Spot ETF: A new era for crypto as a commodity?
24.5.2024
Finally, the day has dawned when the spot Ethereum ETF will be recognized as a commodity. The Chief Legal Officer with Coinbase takes the opportunity to reiterate his earlier claim that Ethereum is indeed and essentially a commodity, as shared through a post on X. Following a prolonged wait, 19b-4...
VanEck launches Ethereum ETF Ad seconds after SEC green light
24.5.2024
In a groundbreaking development for the cryptocurrency market, investment management firm VanEck launched an Ad for its newly approved Ethereum ETF just minutes after receiving the green light from the U.S. SEC. This swift move underscores the growing mainstream acceptance of digital assets...
SEC makes history, approves first-ever spot Ethereum ETFs
24.5.2024
The crypto community is rejoicing as the SEC approves the first-ever spot Ethereum ETFs, marking a landmark decision. The news was announced hours ago, and it has sparked a new wave of delight across the crypto market. After months of lobbying and speculation by asset managers and crypto companies...
Ethereum Price Prediction as SEC Approves Ethereum ETFs – Where is ETH Headed Next?
24.5.2024
The Ethereum (ETH) price is trading choppy in late Thursday trade as in wake of news dropping that the US SEC has approved spot Ethereum ETFs, a spectacular u-turn that has shocked the market that, up until one week ago, was betting that Ethereum ETFs would be rejected this week.
The post Ethereum...
Discussion Began, Crypto Market Optimism Grows on Spot-Ether ETF Approval Amid Positive SEC Signals
23.5.2024
The crypto world is ready to mark today in history as the day when the SEC will approve or deny 19b-4 form for Ethereum ETFs. Analysts are positive that ETF approval will happen today, considering how approval was granted for Bitcoin ETFs. According to a source, discussions on S-1 forms have...
Japanese E-commerce Giant Mercari Launches Ethereum Trading
23.5.2024
The Japanese e-commerce giant Mercari has taken another step into the crypto sphere by launching Ethereum (ETH) trading services on its app.
The post Japanese E-commerce Giant Mercari Launches Ethereum Trading appeared first on Cryptonews
3 reasons why Etheruem price looks ready to rally higher
23.5.2024
Key Ethereum price metrics suggest that ETH’s pause at $3,800 is temporary
Cboe boosts ETH ETF hopes with five amended filings
22.5.2024
A recent event occurred in the financial markets: Cboe BZX filed 19-b4 amendments for five spot Ethereum ETFs on May 21st. This means that there is a high likelihood of these ETFs being approved in the future. The news has greatly affected market sentiments, as reflected by Polymarket, whereby...
The evolving role of Ethereum faucets in a growing blockchain landscape
22.5.2024
The Ethereum faucets are online platforms that provide a small portion of Ether for free. In the history of Ethereum, these faucets allowed beginners on the network to test transactions and smart contracts for free. Consequently, Ethereum faucets have evolved as the blockchain landscape changes...
SEC may approve Spot Ethereum ETF’s 19b-4 first, delaying S-1
20.5.2024
Two sides of the Spot Ethereum ETF have emerged now, and it is crucial for the US Securities & Exchange Commission to consider both for approval. Only then will the status of the said ETF become clear. The first side pertains to 19b-4, the approval of which enables exchange platforms to list...
Near and mid-term Ethereum permissionless and decentralization advances
20.5.2024
The upcoming days of decentralization and permissionless features of the Ethereum network will revolve around two concepts: MEV minimization and MEV quarantining. MEV stands for Maximal Extractable Value, which is a complex problem for blockchains in the public domain. There are two forms...
Ethereum Technical Insights: ETH Crosses $3,100 Mark for the First Time in 21 Days
20.5.2024
Ethereum’s price has been exhibiting a narrow intraday range between $3,048 and $3,139. With a market capitalization of $373 billion and a 24-hour trading volume of $9.83 billion, the cryptocurrency shows a mixed technical outlook. At 7:57 (EDT) on Monday, ether is exchanging hands for just...
How Ethereum’s gas fees shape blockchain transactions
20.5.2024
The fee needed to complete a transaction or a contract transaction on the Ethereum blockchain is called gas. Fees are denominated in ether, a small fraction of cryptocurrency-(ETH) called gwei (10-9 ETH). The resource provider is paid using “Gas” to validate the transaction’s consumption....