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Ethereum Jumps 18% Amid Speculation of SEC Approval for Spot ETFs
21.5.2024
The value of ethereum (ETH), the second-largest cryptocurrency by market capitalization, has increased nearly 18% against the U.S. dollar due to speculation that the U.S. Securities and Exchange Commission (SEC) might approve some spot ether exchange-traded funds (ETFs). Market Buzz Lifts Ethereum...
Analysts Boost Odds for Ethereum ETF Approval to 75% Amid SEC Chatter
20.5.2024
On May 20, 2024, Bloomberg Intelligence exchange-traded fund (ETF) senior analyst Eric Balchunas informed his 274,000 X followers that he and his colleague James Seyffart had increased their expectations for the approval of a spot-based ethereum ETF. “Update: [James Seyffart] and I...
Ether Jumps 10% to $3.4K After Bloomberg Ups Odds of Spot ETF Approval
20.5.2024
Markets previously had mostly priced in SEC rejections of the proposed funds beginning this week
Dogecoin Creator Expresses Pessimistic Stance on Spot Ether ETF Approval
16.5.2024
Billy Markus, the co-founder of Dogecoin, has expressed his scepticism regarding the approval of spot Ethereum exchange-traded funds (ETFs), although the US Securities and Exchange Commission (SEC) has not yet made a decision on the matter.
The post Dogecoin Creator Expresses Pessimistic Stance...
Polymarket Bets Reflect Low Confidence in Ethereum ETF Approval by SEC
7.5.2024
According to a wager on the decentralized betting platform Polymarket, the likelihood of a spot ethereum exchange-traded fund (ETF) gaining approval from the U.S. Securities and Exchange Commission currently stands at just 7%. This forecast commenced in January with a 76% probability of approval...
Bitcoin Price Prediction: BTC Drops to $62,900 as Market Eyes Upcoming Halving and ETF Approval
16.4.2024
Amid Middle East tensions and ETF excitement, Bitcoin hovers at $62,900, setting the stage for a critical halving event.
The post Bitcoin Price Prediction: BTC Drops to $62,900 as Market Eyes Upcoming Halving and ETF Approval appeared first on Cryptonews
SEC Asks For Public Comment Regarding Spot Ethereum ETF Approval
4.4.2024
The United States Securities and Exchange Commission (SEC) is seeking public comment over the potential approval of a spot Ethereum (ETH) ETF, an April 2nd court filing reveals. What are the odds a spot ETH ETF gets approved by May?
The post SEC Asks For Public Comment Regarding Spot Ethereum...
Morgan Stanley Aims to Beat UBS as First Bank to Fully Approve Bitcoin ETF
4.4.2024
Investment banks seeking to incorporate spot Bitcoin ETFs in the US are growing in number, with Morgan Stanley and UBS eyeing the top spot.
The post Morgan Stanley Aims to Beat UBS as First Bank to Fully Approve Bitcoin ETF appeared first on Cryptonews
SEC Probing Crypto Firms to Classify Ethereum as a Security: Fortune Reports
20.3.2024
The United States Securities and Exchange Commission (SEC) has reportedly served a number of key businesses in the crypto industry with subpoenas in relation to obtaining records about the Ethereum Foundation, a new report reveals. According to Fortune, SEC Chair Gary Gensler is leading the agency...
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...
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...
SEC silence lowers Ethereum ETF approval prospects
14.3.2024
As per the assessment of Bloomberg analysts, the probability of the United States Securities and Exchange Commission approving a spot Ethereum ETF by May has been substantially diminished. The SEC’s silence and delay have prompted analysts to reconsider the viability of a spot Ethereum...
Crypto Attorney Jake Chervinsky Explains the Bear Case for a Spot Ether ETF Approval in May
12.3.2024
Jake Chervinsky, CLO of Variant, a crypto-focused venture capital firm, explained that he was pessimistic about U.S. regulators approving a spot ether ETF this May. Chervinsky stated that the SEC’s combative attitude, willingness to go to court to fight this kind of approval, and lack...
Why is BlockDAG the best coin to invest post-Bitcoin ETF approval?
11.3.2024
The NuggetRush crypto coin is catching eyes after the recent Bitcoin ETF Approval, marking a pivotal moment in cryptocurrency. This approval has validated the crypto market and spotlighted emerging stars like BlockDAG, setting them on a path to potentially becoming top crypto for 2024. As investors...
Australian Crypto Love: Value of Digital Assets Held in Super Funds Surges Past $650 Million
8.3.2024
In just three years, Australian self-managed super funds saw the value of their respective crypto asset holdings rise from just over $159 million to over $650 million. According to an executive with a local crypto exchange, many Australians are seeking to “allocate at least a percentage...
Bitcoin ETF approval launch can put BTC at $100K by October 2024
7.3.2024
Timothy Peterson, a renowned network economist, expects BTC to go past 100,000 dollars by October 2024. The economist predicts it can happen if the accumulation made by the Bitcoin Spot ETF approval is sustained. Peterson made this prediction on X/Twitter, garnering massive traction among crypto...
No Bitcoin ETF Without Further Crypto Regulation, Says South Korean FSS Chief
7.3.2024
No Bitcoin ETF will gain approval in South Korea unless the government introduces new crypto rules, the head of the Financial Supervisory Service (FSS) said on March 5.
The post No Bitcoin ETF Without Further Crypto Regulation, Says South Korean FSS Chief appeared first on Cryptonews
Bitwise Analyst Sees 50% Chance of Spot Ether ETF Approval by May, Forecasts Bitcoin at $88K This Year
27.2.2024
Bitwise crypto research analyst Ryan Rasmussen estimates a 50% chance of approval for a Spot Ether ETF by May. He noted that the prospect of these ETFs is indeed attracting attention from institutional investors.
The post Bitwise Analyst Sees 50% Chance of Spot Ether ETF Approval by May, Forecasts...
Ether's Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein
26.2.2024
The amount of ether held on exchanges is at an all-time low of 11%, a sign that more of the cryptocurrency is being locked up for DeFi, the report said
Crypto Cashback Programs Mature to Drive Accessibility and Financial Inclusion
23.2.2024
A recent report published by Bitcoin financial services provider Unchained found that 55% of 400 U.S. investors surveyed own Bitcoin. Findings further note that 34% of those surveyed think Bitcoin will be the best-performing asset in 2024 in comparison to gold, the S&P 500,...