British multinational banking giant Standard Chartered is standing by its $8000 ETH prediction for 2024 as the odds of a long-awaited Ethereum ETF approval have suddenly turned optimistic. In a recent conversation with The Block, the bank predicted that Ether spot ETFs will go live in the Unite...
Ethereum is the largest DeFi hub with a vibrant layer-two ecosystem in the crypto market. The blockchain constantly develops, making it a go-to choice for many Web3 developers. ETH, its native token, shows promise, and the possibility of an Ethereum ETF approval makes it favorable for day...
Analyst Michaël van de Poppe predicts Ethereum (ETH) could outperform Bitcoin (BTC) in Q1 2024, mainly due to the potential approval of an Ethereum spot ETF. Ethereum’s current price is… News Crypto Veteran Peter Brandt Sounds the Alarm: Ethereum (ETH) Faces Potential 70% Crash By...
The crypto market is quite susceptible to ETF approvals, as it seems, and the past 24 hours brought even more enhanced volatility for the entire sector. After the hype from the start of the business week settled, the largest cryptocurrencies, including the one that got the green light from ...
Potential Ethereum ETF Approval Triggers Bullish Momentum Ethereum (ETH) is one of the few top crypto coins that are genuinely in pursuit of getting an ETF approval from the US Security and Exchange Commission (SEC). The potential approval of Ethereum ETF has taken a positive step, given th...
From a global perspective, though, can’t Canada’s recent Ether ETF approvals be viewed as yet another indication that cryptocurrencies are moving into the financial mainstream? It further validates “that cryptocurrencies are here to stay,” said Kuiper, as “the market and infrastructure ...
TRUMP, DOGE, BONK ETF approvals likely, but Cathie Wood won’t invest: Finance Redefined 19 hours ago byZoltan Vardai ARK Invest’s Cathie Wood said she won’t buy the Trump token due to its lack of utility, as she remains focused on Bitcoin, Ether and Solana. ...
Similarly, the spot Bitcoin Exchange-Traded Fund (ETF) approval by the US Securities and Exchange Commission (SEC) in early 2024 resulted in more demand for cryptocurrencies, especially Bitcoin and Ether. Although Ethereum has grown by more than 80,000% compared to its $2.77 launch price in...
Re the news that bitcoin ETFs have been approved to trade on the London Stick exchange, it’s true but few imp details: only physically backed allowed, two wisdomtree ones to start and retail ban still in effect. Good piece on it from ETF Stream:https://t.co/TFLVr2bm2Qpic.twitter.c...
This complicates matters for an ether ETF. "We are observing the ethereum decision very, very closely," CoinShares CEO Jean-Marie Mognetti told CNBC on Tuesday. "CoinShares was not in the race for the bitcoin ETF until three months before the approval, and we managed to qualify our...