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Spot Ethereum ETF suppliers await SEC’s version on S-1 filings

11.6.2024
Expectant spot Ethereum ETF suppliers await the SEC’s view-point on their S-1 filings, following them forwarding their initial drafts on the 31st of May, 2024.  The suppliers were under the impression that the SEC will offer their view-point about their sent drafts by the 7th of June. However,...

Reasons to back Ethereum in June

10.6.2024
The crypto segment has a collective market cap of $2.53 trillion when writing this article. It is dominated by Bitcoin (BTC), with a share of 54.1%. Ethereum (ETH) follows with a share of 17.45. Should it receive more support, chances are Ethereum would fetch better returns and possibly a larger...

Ethereum Technical Analysis: ETH Faces Tight Trading Range Under Resistance

10.6.2024
Ethereum (ETH) continues to showcase its volatility and potential for strategic trading. As of June 10, 2024, ethereum’s price stands at $3,677, reflecting a daily range of $3,654 to $3,714. Ethereum Ethereum’s 1-hour chart reveals short-term volatility, with ether’s price...

Ethereum ETFs remain behind spot Bitcoin items

7.6.2024
Although the Ethereum ETFs have received consent, they remain behind spot Bitcoin items, awaiting their formal registration. In this matter, the top financial institutions such as BlackRock and Fidelity are waiting to get the consent from the Securities and Exchange Commission (SEC) for registering...

Ethereum ETF approval looms: Gensler’s latest hints spark optimism

7.6.2024
According to recent remarks by SEC Chair Gary Gensler, the long-anticipated launch of an Ethereum ETF may be approaching sooner than expected. Gensler’s insights have sparked renewed speculation and excitement among investors and industry observers as the cryptocurrency market eagerly awaits...

Franklin Templeton eyes new crypto fund beyond BTC & ETH

7.6.2024
Reports state that Franklin Templeton, an American investment company managing over $1 trillion in assets, is allegedly considering venturing into cryptocurrency markets other than Bitcoin. Unnamed inside sources have revealed that Franklin Templeton is exploring the possibility of launching a...

Gemini Taps Kaiko for Enhanced Cryptocurrency Derivatives Trading

7.6.2024
Kaiko, a prominent player in the crypto data sector, has announced a strategic partnership with Gemini Foundation, the derivatives trading platform of the cryptocurrency exchange, Gemini. This collaboration will see Gemini Foundation utilizing Kaiko’s Benchmark Reference Rates to power...

VanEck revises ETH growth projection to $22,000

6.6.2024
VanEck, a fund management firm, has raised its speculation for ETH’s value to $22,000. This is largely correlated to the approval of the Spot Ether ETF. Meaning, Ethereum could see a dip if the US Securities and Exchange Commission decides not to give the final nod of approval to S-1 registration...

Spot Ether ETF could reduce ETH supply by 1.26M in first 5 months

5.6.2024
The US Securities & Exchange Commission has approved 19b-4 forms. It could approve S-1 registration forms any time later. This would pave the way for exchange platforms to enable traders and investors to engage with Spot Ether ETF. It is estimated that the approval of the registration form will...

BlackRock’s BUIDL Fund earns $1.7M monthly dividends on Ethereum

5.6.2024
Investors in BlackRock’s BUIDL Fund are celebrating a significant financial milestone, receiving a combined total of $1.7 million in monthly dividends disbursed via Ethereum. This impressive payout underscores the fund’s success and highlights the growing influence of blockchain technology...

Ethereum could outperform Bitcoin, eyes $10k milestone

5.6.2024
Spot Ether ETF is on the table, and chances are that its approval would bring almost $4 billion worth of inflows. This has put ETH in an ideal position to surpass the $10,000 milestone. A tentative timeline is hard to draw, but experts predict that it could happen in the second half of 2024....

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