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Search Results for: etfs

Will Spot ETH ETF Continue to Pull Back Ethereum Price?

The crypto market was anticipating the spot Ether ETF launch to bring in a bull run for Ethereum; however, the bears took control over the bulls and pushed the price below $3.4K. Whereas, Bitcoin’s price jumped to new highs after three months of its Spot ETF launch. How long will

July 25, 2024 2 mins read

Grayscale Moves $486M ETH Amid Ethereum ETF Setback

In a major downturn for the cryptocurrency market, the total global market cap decreased by 3.83%, settling at $2.31 trillion, with trading volumes falling by 8%. Major cryptocurrencies, Bitcoin dipped below $64,000, while Ethereum saw a sharp decline of 7.37% in the past 24 hours, and its trading volume dropped

July 25, 2024 2 mins read

Cardano (ADA) Price Faces Brief Correction After Recent Rally to $0.45

Speculation over a possible Cardano exchange-traded fund (ETF) is now circulating among the Cardano (ADA) community. Speculation began with a recent X post by Tap Tools, a tool on the Cardano blockchain that tracks tokens, NFTs, and wallets. With a graphic of a checklist, the tweet mentioned, “Is ADA ETF

July 25, 2024 1 min read

Solana (SOL) Price Rebounds Above $180 Level After Minor Correction

Following the success of its spot Ethereum ETF, Franklin Templeton is now contemplating launching an ETF for Solana. On the first day of trading, spot Ethereum ETFs received $107 million. According to a recent post, Franklin Templeton, who was among the first to provide a spot Bitcoin ETF in the

July 24, 2024 1 min read

Uniswap Announces UniswapX Update with New Auction Contract

Uniswap, a decentralized cryptocurrency exchange, has announced an update for UniswapX, and users are hoping for more activity. The platform’s information quotation flow will be redesigned with the deployment of a new auction contract as part of the update. Updates to UniswapX, implemented via a new auction, rework the flow

July 24, 2024 1 min read

Will Franklin Templeton Be the Next to Launch a Spot Solana ETF?

Franklin Templeton, a prominent global asset management firm, has expressed strong optimism about the future of Solana (SOL) within the cryptocurrency ecosystem. The firm’s enthusiasm has played an influential role in the recent launch of Bitcoin and Ethereum spot ETFs in the U.S. Besides Bitcoin and Ethereum, there are other

July 24, 2024 2 mins read

Tron Network and Ethereum Show Massive Surges in On-Chain Activity

The crypto industry has witnessed crucial events over the past few weeks. Amid the tumult of new digital assets approvals, amplified regulator scrutiny, and the July market crash, the community experienced a spur in activity. Specifically, the Tron Network and the Ethereum blockchains hit new milestones in the last 24

July 24, 2024 2 mins read

Can Ethereum Meet Traders’ Bullish Expectations? 

The crypto market witnessed a significant milestone as spot Ethereum began trading on Tuesday, following weeks of back-and-forth on registration statement edits. According to Sosovalue data, spot ETH ETFs recorded inflows within the first 24 hours of trading. While the ETF greenlight was expected to spark a bull run, the

July 24, 2024 2 mins read

Will XRP Climb Up to Break its Nearby Resistance?

XRP has initiated a downside correction from the $0.6200 zone, amidst the anticipation surrounding an upcoming meeting between Ripple and the U.S. Securities and Exchange Commission (SEC).  Ripple CEO Brad Garlinghouse shared his optimism early in July that the years-long legal battle with the U.S. Securities and Exchange Commission (SEC)

July 24, 2024 2 mins read