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Search Results for: etfs

Will Ethereum Break the Pattern After the Spot ETH ETF Launch?  

After enduring innumerable support and resistance, Ethereum’s price bounced back and sustained itself within the price range of $3.3K. Over the past 24 hours, the price of ETH has spiked by 2.38%. The upcoming ETF launch triggering anticipation among the community catalyzes the current bullish sentiment of ETH.  Notably, the

July 16, 2024 2 mins read

Will Solana’s (SOL) $170 Breakout Trigger a Short Sell-off?

While the global crypto market turns green for the week with Bitcoin (BTC) climbing to $63,000, the leading altcoin Solana (SOL) breaches the $160 zone after five weeks of consolidation. This positive trend is fueling optimism among investors and analysts alike. According to on-chain analyst @ali_charts, if Solana’s price reaches

July 16, 2024 2 mins read

Will PEPE Hit New Highs by the End of July?

Pepe (PEPE) has reached a 15-day high of $0.00001262, surging 23% in the past 24 hours. Trading volume also increased by 110% during this period. The frog-themed coin had been in a bearish zone since the start of the month, hitting a two-month low of $0.00000763 in the first week

July 16, 2024 2 mins read

BlackRock Hits Record $10.6 Trillion in Assets Fueled by ETF Flows

BlackRock, the world’s largest asset manager, has reported a strong performance in the second quarter with assets under management (AUM) climbing to a staggering $10.6 trillion. This marks a nearly 13% increase from the previous year. Further, earnings per share (EPS) also saw growth, rising to $9.99 from $9.06, while

July 15, 2024 1 min read

Ethereum Breaks $3.3K Barrier Ahead of Spot ETF Launch

Ethereum (ETH) is in a brief bullish swing. Over the past 24 hours, after a 4.71% spike, the second-largest cryptocurrency marked a high of $3,373. This surge comes alongside Bitcoin’s recoup of over 4% to $63.2K.  ETH crossed the $3.3K threshold amid this week’s highly anticipated spot ETH ETFs (exchange-traded

July 15, 2024 2 mins read

Ethereum Hits $3.3K with ETF Approval Expected This Week

The global cryptocurrency community is buzzing with excitement as Nate Geraci, president of the ETF Store, predicts the imminent approval of spot Ethereum exchange-traded funds (ETFs). This anticipation has significantly influenced Ether’s market performance, ETH has climbed over the $3,300 zone. Currently, Ethereum (ETH) is trading at $3,348, reflecting a

July 15, 2024 2 mins read

Is LINK Leading the Altcoins’ Bullish Recovery?

Chainlink, a prominent altcoin, has surged 14% in the past 24 hours, with trading volume up 12% over the same period. The price hit a 12-day high of $13.89, rebounding from an eight-month low ten days ago, driven by four days of sustained bullish activity by market participants. This surge

July 15, 2024 2 mins read

Is Ethereum (ETH) Price Inclined to Go High?

Ethereum (ETH), the largest altcoin, has had a slight revival above $3.1K with a spike of 2.76% in the last 24 hours. The highest weekly ETH price was  at $3,164, and the lowest was $3,117. This surge was alongside Bitcoin’s spike of over 2% to $58.3K, creating excitement in the

July 13, 2024 2 mins read

Why is the SEC Making Exceptions for Banks in Implementing SAB 121?

The history of crypto’s battle with the SEC dates back several years. Amid the recent anti-SAB voting, the SEC has announced making exceptions for certain custody banks and broker dealers in crypto reports. This announcement has caused quite a stir, raising speculations in the market. Recently, Fox Reporter Eleanor Terrett

July 13, 2024 2 mins read