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ETH price heads for 5k; whales inject 2B post ETF approval


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...

Ethereum Layer 2 TVL Sets a New All-Time High at $47 Billion


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

South Korea Urged to Follow US Lead on Crypto ETFs After Ethereum Approval


The US Securities and Exchange Commission's approval of spot Ethereum ETFs last week has ignited pressure on South Korea's financial regulators to greenlight similar crypto exchange-traded funds. The post South Korea Urged to Follow US Lead on Crypto ETFs After Ethereum Approval appeared first...

MicroStrategy chairman deems Ethereum ETF approval good for BTC


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...

How to buy Ether (ETH) on eToro


Here’s the step-by-step process of purchasing ETH on eToro and exploring the platform’s user-friendly interface and seamless transaction procedures

Despite Ethereum ETF Approvals, ‘Altcoin Season’ Remains Far Off


While the U.S. Securities and Exchange Commission (SEC) has approved several spot ethereum exchange-traded fund (ETF) 19b-4 filings, and ether alongside numerous digital assets have experienced double-digit increases over the past week, the much anticipated ‘altcoin season’ has...

Ethereum Dominates NFT Sales Despite Overall Market Drop


Over the past week, non-fungible token (NFT) sales declined by 8.99%, amounting to approximately $137 million. Ethereum topped the charts with $43 million in sales, marking a 20.26% increase from the previous week. NFT Market Shrinks by 8.99%, Ethereum and Bitcoin Lead in Sales NFT sales...

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