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Bitwise unveils key analysis in new Ethereum ETF filing
29.3.2024
Within the cryptocurrency market, Bitwise, a well-known crypto manager, has taken a significant step and is now introducing a new investment product that deals with Ethereum, the second-largest digital currency worldwide in market cap. The entity has already filed with the SEC an S-1 form, where...
Bitwise Files for Spot Ethereum ETF With SEC, Highlights Detailed Correlation Analysis
29.3.2024
Bitwise Asset Management has filed with the U.S. Securities and Exchange Commission (SEC) for a spot ethereum exchange-traded fund (ETF), a move aimed at providing investors with regulated exposure to ether without direct ownership of the cryptocurrency. Bitwise Aims for SEC Approval With Spot...
Fidelity Investments goes ahead with the spot Ether ETF proposal
28.3.2024
Despite all the negativity surrounding applications for spot Ether ETF, Fidelity Investments has decided to continue pursuing its plans. There seems to be total clarity on the fact that the company intends to release an ETH ETF in November, when Cboe, the exchange where the product will be traded...
Ethereum's Rising Validator Count Is Causing Concerns, Fidelity Digital Assets Says
28.3.2024
Future roadmap upgrades for the network will become more difficult with a large validator set, the report said
Is It Too Late to Buy DogWifHat? WIF Price Blasts Up 42% as Solana’s Latest ICO Quickly Gathers $500,000
27.3.2024
Popular meme coin DogWifHat (WIF) has shot up 42% in the last seven days as it leads the charge in a market-wide rally that has added double digit percentages to leading meme coins. Broadly speaking, the whole market is up nicely from this time last week. The world’s favorite...
US lawmakers seek SEC explanation regarding crypto platform
27.3.2024
Lawmakers have requested Chair Gensler to elucidate the SEC’s position in an SPBD’s skill to custody non-securities. American lawmakers, under the leadership of Patrick McHenry, sent a clarification letter to Gary Gensler, Chair, SEC. The lawmakers requested clarification about...
House Republicans Demand SEC Explain What's Up With Crypto Platform Prometheum
26.3.2024
As Prometheum Inc. nears an unprecedented moment in U.S. crypto history by beginning a custody operation that intends to hold customers' Ethereum tokens {{ETH}}, the industry's friends in Congress are demanding the Securities and Exchange Commission (SEC) explain what it means to do about this...
Ethereum Technical Analysis: ETH Caught in a Tug of War Between Bulls and Bears
25.3.2024
Ethereum presents a mixed bag of signals as of March 25, 2024. Amid fluctuating trading volumes and a contested market direction, ether’s price settled at $3,487 after experiencing an intraday range of $3,335 to $3,503. With a market capitalization of $415 billion and a 24-hour trading...
Unlocking Crypto History: 2,000 ETH From Ethereum’s Genesis Days Suddenly Moved
24.3.2024
In recent weeks, Bitcoin.com News has chronicled the significant number of dormant bitcoin addresses that have sprung to life in March after years, if not a decade, of inactivity. Similarly, we’ve observed a resurgence of activity from older ethereum addresses. This Saturday highlighted...
Ripple CEO Expects SEC to Lose Against Ethereum, Mirroring XRP Lawsuit Outcome
23.3.2024
Ripple’s chief executive believes the U.S. Securities and Exchange Commission (SEC) will be unsuccessful in classifying ether as a security, similar to how the agency lost its legal battle, for the most part, against XRP. Noting that the SEC has been “losing badly in courts”...
SEC’s Ethereum security stance could ignite price volatility ahead
22.3.2024
Ethereum had hit a low of ~$3,000 recently. It has now retraced to a higher mark of $3,500 when articulating this piece. Nonetheless, uncertainty prevails, and Ether’s prices can swing either way. The closest resistance mark has been defined at $3,550. Technically, ETH is closer to its resistance...
Ethereum (ETH) and Shiba Inu (SHIB) traders bank on Koala Coin (KLC) for a historic 100x breakthrough in meme hype this March
22.3.2024
As we journey through the dynamic world of digital finance in 2024, it’s clear that the boundaries of investment are not just shifting, they’re expanding in exciting new directions. At the forefront of this innovative wave is Koala Coin (KLC), currently in its Stage 1 presale phase...
Nearing end of Q1 sees Kelexo’s (KLXO) lending platform draw Ethereum (ETH) & Litecoin (LTC) investors to stage 2 presale
22.3.2024
The first quarter of 2024 is gradually coming to a close, and the crypto market is antsy in supporting a new crypto token that offers real-world utilities. If you’re new to the crypto market, then you should know that at times like this, you need to watch experienced investors very closely...
Litecoin (LTC) and Aptos (APT) holders rally to Kelexo’s (KLXO) cutting-edge presale, ignoring Ethereum (ETH) & Bitcoin’s (BTC) dip
22.3.2024
The crypto market is still recovering from last week’s market correction wave. This article explores the market dynamics of some well-known projects in the space. Our focus is on Litecoin (LTC) and Aptos (APT) and how the dip of Ethereum (ETH) and Bitcoin (BTC) is influencing their investors....
Ethereum Foundation faces inquiry amid major tech overhaul and ETF hopes
21.3.2024
The Ethereum Foundation is facing an inquiry from a ghost source when there are transformations on the anvil for Ethereum’s Technology. Added to that is its measuring point regarding its conventional asset, ETH, which multiple American investment businesses want to provide in the form of...
Enterprise Ethereum Use Cases Expected to Increase in 2024
20.3.2024
Investors are not the only ones interested in Ethereum (ETH). An increasing number of businesses also plan to leverage Ethereum this year. While large companies have previously dabbled in Ethereum, industry experts believe that enterprise Ethereum is finally gaining momentum. Data from layer-2...
SEC holds Ethereum ETF approval until May despite staking additions
20.3.2024
The US SEC delayed the approval procedures of Ethereum exchange-traded funds (ETFs), affecting the approaches of investment firms, including Ark Invest, Hashdex, VanEck, and Grayscale, adding a staking component to the applications of the ETH ETF along with Fidelity. Both James Seyffart and Eric...
Ethereum Price Prediction With Ether ETFs Unlikely to Gain Approval in May – Where Next for ETH?
19.3.2024
The Ethereum (ETH) price is consolidating either side of the $3,300 level, down roughly 6.5% on the day as investors take profit following the crypto’s recent run higher, and amid chatter that Ether ETFs are unlikely to gain approval in May.
The post Ethereum Price Prediction With Ether ETFs...
Standard Chartered Predicts Up To $45 Billion Inflows To Ethereum ETFs Within 1 Year
18.3.2024
British multinational bank Standard Chartered expects Ethereum (ETH) to outperform Bitcoin (BTC) after spot ETFs for the former are approved by regulators in May of this year.
The post Standard Chartered Predicts Up To $45 Billion Inflows To Ethereum ETFs Within 1 Year appeared first on Cryptonews
Potential Ethereum ETF Approval Odds Drop: A guide to investors
18.3.2024
The likelihood of regulatory approval for an Ethereum exchange-traded fund (ETF) has recently diminished substantially due to developments in the cryptocurrency industry. Investors are developing concerns and engaging in speculation regarding the potential ramifications of this alteration on...