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Search Results for: etfs

Ethereum Price Eyes Further Gains Amid Positive Market Momentum

The price of Ethereum (ETH) has risen by 15% in the last two weeks, thanks to positive momentum that followed post interest rate cut by the U.S Federal Reserve. A number of cryptocurrencies are making a comeback and trading in green as September comes close to an end, demonstrating that

September 26, 2024 2 mins read

Can Ethereum Maintain Its Gains Despite Record ETF Outflows?

Ethereum (ETH), the second-largest altcoin, has garnered attention with its volatile performance. After hitting a 27-day high earlier this week, ETH has seen a modest decline of 0.97% in the past 24 hours. Despite this, it remains up 14% over the past seven days. However, community sentiment remains 74% bearish,

September 25, 2024 2 mins read

Ethereum ETF Decision Postponed as SEC Extends Deadline

The U.S. Securities and Exchange Commission (SEC) has once again postponed its decision on options trading for Ethereum ETFs, extending the deadline until mid-November. This decision impacts both Nasdaq ISE’s proposal for BlackRock’s iShares Ethereum Trust and NYSE American LLC’s proposal for options trading on Grayscale’s Ethereum ETF, alongside other

September 25, 2024 2 mins read

Is Bitcoin (BTC) Set for a Bullish Breakout Above $66,500?

Bitcoin is currently trading at $64,420.02, marking a 2.04% increase in the last 24 hours. Its market capitalization surged to $1.27 trillion, showing a similar 2.04% rise. Meanwhile, the 24-hour trading volume reached $29.24 billion, increasing by 3.52%. This steady price movement highlights a bullish sentiment in the market. Institutional

September 25, 2024 2 mins read

Why Is POPCAT the Most Talked About Memecoin Today?

The cryptocurrency market, fraught with regulatory battles over ETF approvals, high-profile founder arrests, and large-scale hacks, has been in a state of turbulence. As bears held their grip, price rallies became a rarity. However, anticipating the beginning of October, dubbed “Uptober,” has brought a breath of fresh air. The global

September 25, 2024 2 mins read

Digital Asset Products See $321M Inflows Amid Fed Rate Cut

Digital asset investment products experienced net inflows of $321 million for the second consecutive week, according to CoinShares. The surge was largely attributed to the U.S. Federal Reserve’s decision to cut interest rates by 50 basis points (bps), which was viewed as a dovish move by the market. Total assets

September 23, 2024 2 mins read