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Riding a Wave of Positive News, Crypto Markets Turn Bullish
28.5.2024
In a series of positive developments, the cryptocurrency market appears to be entering a bullish phase, marked by significant regulatory approvals and an apparent shift in political relevancy. The U.S. Securities and Exchange Commission’s unexpected approval of spot ether ETFs, coupled with...
Riding a Wave of Positive News, Crypto Markets Turn Bullish
28.5.2024
In a series of positive developments, the cryptocurrency market appears to be entering a bullish phase, marked by significant regulatory approvals and an apparent shift in political relevancy. The U.S. Securities and Exchange Commission’s unexpected approval of spot ether ETFs, coupled with...
One-Third of U.S. Voters Say They'll Weigh Candidates' Crypto Views Before Voting: Poll
28.5.2024
One in three U.S. voters said they'll consider a political candidate's position on cryptocurrencies before making a voting decision, according to a new Harris Poll examination of likely U.S. voters
Over 30 Bitcoin Spot ETFs Collectively Hold 1M BTC: Michael Saylor
28.5.2024
More than 1 million (or 1 Nakamoto) BTC are held in spot Bitcoin exchange-traded funds, MicroStrategy's Michael Saylor, noted.
The post Over 30 Bitcoin Spot ETFs Collectively Hold 1M BTC: Michael Saylor appeared first on Cryptonews
Grayscale’s Spot Ether ETF Projected to See Daily Outflow of $110 Million on Average: Kaiko
28.5.2024
Grayscale's forthcoming spot Ethereum ETF may face significant outflows, potentially averaging around $110 million per day.
The post Grayscale’s Spot Ether ETF Projected to See Daily Outflow of $110 Million on Average: Kaiko appeared first on Cryptonews
Bitcoin exchange-traded products now hold over 1 million BTC
28.5.2024
The collective total held by all Bitcoin ETFs globally is now more than 1 million coins, currently worth almost $68 billion
Grayscale’s Ethereum ETF could bleed $110M daily in first month: Kaiko
28.5.2024
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
Microstrategy’s Michael Saylor States Spot Ether ETF Approval ‘May Be Better for Bitcoin’
28.5.2024
Michael Saylor, Executive Chairman of Microstrategy, stated that the approval of several spot ether ETF proposals by the U.S. SEC might be good for Bitcoin. In “What Bitcoin Did,” Peter McCormack’s podcast, Saylor stated this approval gives rise to a crypto asset class, including...
Michael Saylor Says Ethereum ETF Approvals Are Good For Bitcoin – Here’s Why
27.5.2024
Michael Saylor is bullish that Ethereum ETFs could legitimize crypto as a whole, driving more institutional capital into Bitcoin by extension.
The post Michael Saylor Says Ethereum ETF Approvals Are Good For Bitcoin – Here’s Why appeared first on Cryptonews
Ethereum price in ‘bull market’ after spot ETH ETF approvals greenlight rally toward $4K
27.5.2024
With the spot ETH ETFs approved, traders are confident that Ethereum price is ready to rally well above $4,000
Spot Ether ETFs are now officially legal in the US: Law Decoded
27.5.2024
Spot Ether ETFs might be weeks or months away from debuting on exchanges, as the ETF filers have yet to receive their S-1 SEC registration
Ethereum price chart hints at $4K breakout to new all-time highs
27.5.2024
Ether price could be on track to new all-time highs, provided it can close the week above the $4,000 mark
Impact of SEC vs Ripple case on XRP ETF
27.5.2024
The price of XRP decreased by 2.53% on May 26, 2024, and the session concluded at $0.5282. It is to be recalled that XRP joined the wider crypto market despite policy uncertainties and concerns about the SEC vs Ripple case. The SEC vs Ripple Case has once again brought exchange-traded fund news...
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...
Crypto ETF frenzy: DOGE, XRP, SOL up next after ETH approval?
27.5.2024
If the US SEC wants to approve ETF applications, it must consider crypto a digital asset rather than a security. Ether ETF is on the table, waiting for a green signal. However, the market has begun speculating about upcoming ETFs and their prospects of receiving Commission approval. For starters...
Ether price could hit $4.5K before ETH ETF: DeFiance Capital founder
27.5.2024
Ether could rally another 15% before the first ETFs start trading on the market, according to Arthur Cheong
What comes after spot Ether ETF approvals? Execs weigh in
27.5.2024
Consensys director of global regulatory matters Bill Hughes interpreted the approval as an admission that Ether is a commodity
Ethereum Meme Coins PEPE, MOG Hit Lifetime Highs on Ether ETF Filing Approvals
27.5.2024
Ether surged more than bitcoin over the weekend on renewed optimism for the second-largest cryptocurrency
Ethereum Layer 2 TVL Sets a New All-Time High at $47 Billion
27.5.2024
The TVL of Ethereum Layer 2s have reached a historical record of $47 billion, with key contributors including Arbitrum One, OP Mainnet, Base, and Blast.
The post Ethereum Layer 2 TVL Sets a New All-Time High at $47 Billion appeared first on Cryptonews
MicroStrategy chairman deems Ethereum ETF approval good for BTC
27.5.2024
MicroStrategy chairman Michael Saylor recently reiterated that the spot Ethereum ETF approval is good for Bitcoin. Saylor thinks that the approval will entice institutional investors to cryptocurrencies. During an interview on X, the chairman talked about the approval. During the interview, Saylor...