News with the tag "Ether (ETH)"

A savvy crypto trader recently executed a highly profitable cryptocurrency trade, making a significant gain within a few hours. By purchasing 3AC tokens at a strategic time, the trader demonstrated sharp market instincts, ultimately yielding substantial returns. The tokens in question belong to Su Z...

Crypto exchange OKX will delist XRP, SHIB, and other cryptocurrencies in BTC and ETH pairs in the coming days. The company announced the decision citing listing criteria among others. The centralized crypto exchange race intensifies as platforms set sight on volume following upticks in the market. O...

Steno Research, an independent macroeconomics, geopolitical, and crypto research house, has predicted that the spot ether ETF, presumed to start trading in early July, will take ETH to $6,500. Steno’s latest post on the subject forecasts that Ether ETFs will perform better than leading analysts have...

Santander, the multinational banking giant, has recently announced that it will start offering cryptocurrency trading services in Brazil. The bank will roll out this functionality to selected customers of Toro, its investment unit, this week and will gradually extend it to more users in the future. ...

Matt Hougan, CIO of Bitwise, a crypto-based index fund and ETF provider, has explained why he believes ether might be an interesting asset for an investment portfolio. Hougan states three key reasons for investing in ether: diversification to “own the market,” different use cases than bitcoin, and h...

Ethereum price forecast: The ETH price has been consolidating for nine days, indicating a struggle between bears and bulls. The price of the second largest crypto is $3,777 during European business hours, marking a 2.3% decrease in the last 24 hours. The prevailing price is identical to its value fr...

Bloomberg’s ETF analysts have explained that the U.S. Securities and Exchange Commission (SEC) could start the approval process for spot ethereum exchange-traded funds (ETFs) tomorrow. They noted that the securities regulator has requested revised Form 19b-4s from issuers to be submitted by Tuesday ...

As soon as the U.S. SEC asked issuers of spot Ethereum ETF to submit their 19b-4 filings, the market was abuzz with the news that the likelihood of approval had increased considerably. So far, the uncertainty around Ethereum’s ‘security’ status has proved to be a major roadblock for the ETF approval...

Better Markets, a financial nonprofit organization, has lashed out against approving a spot ether ETF product, stating that it would endanger the broader financial system. In a supplemental comment letter sent to the SEC, the organization states that approving these spot ether ETPs would “interweave...

Marc Boiron, CEO of Polygon, an Ethereum-compatible sidechain scaling solution, gave his take on the rise of Layer 3 (L3) scaling structures in the Ethereum ecosystem. According to Boiron, L3s only take value away from Ethereum’s chain and concentrate it in their corresponding base L2, creating a se...