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Search Results for: ETFs

Telegram Unveils Brand New Cryptocurrency Called STARS, Toncoin Price Jumps in Response

The announcement of Telegram’s new cryptocurrency, STARS, has sent a jolt through the market. This news triggered a 2.66% price increase for Toncoin (TON) in a single day, reflecting investor optimism about the potential connection between the two platforms.  However, Telegram’s STARS and Toncoin (TON) aren’t the only projects grabbing

May 28, 2024 4 mins read

Ethereum L2 TVL Sees Impressive New ATH Amidst Growing Advancements

The Ethereum ecosystem has witnessed multiple advancements exclusively in the last week. The SEC’s approval of the spot ETH ETF received great interest from the crypto sector worldwide. Ethereum also witnessed a bullish rally which was fueled by the anticipation surrounding ETF approval.  Presently, the total value locked on the

May 27, 2024 2 mins read

Pepe Coin Flips Uniswap & Polygon in Market Cap

The crypto sector has experienced optimistic waves since last week. With price recoveries and upward streaks multiple altcoin sectors have drawn investors’ interest. In the meme coin sector, Pepe (PEPE) has become a prime focus, as it sustains last week’s upward rally into this week, increasing by 79.94%.  Notably, according

May 27, 2024 2 mins read

Is Ethereum (ETH) Poised for a Major Upside Break?

Ethereum (ETH) is currently experiencing upward momentum, trading at $3,912 with a notable 4.50% surge and a substantial 78% increase in trading volume. This recent bullish activity follows ETH’s achievement of a ten-week high at $3,949 three days ago. ETH is now consolidating near $3,850 and is poised for an

May 27, 2024 2 mins read

Investors Eye Fed Speeches This Week for Clues on Rate Hike Decisions

One of the most talked-about U.S. Spot Ethereum ETFs got the go light from the SEC last week, setting off a chain reaction in the cryptocurrency market. Notably, last week, as optimism grew, Bitcoin and most altcoins rose. It seems that investors’ trust in the digital assets market has been

May 26, 2024 1 min read

VanEck Celebrates SEC Approval of Ether ETF with Impactful Ad Campaign

VanEck quickly released a 37-second commercial asking viewers to “Enter the ether” in celebration of the approval of its spot Ether exchange-traded fund (ETF). The ad went up on May 23, just after the company’s 19b-4 application for a spot Ether ETF was greenlit by the SEC. Along with other

May 24, 2024 2 mins read

Coinbase Exec. Deemed ETH a Commodity After ETF Approval

The crypto market has experienced some development over the past week, as BTC and ETH prices have surged. After months of anticipation and countless delays, Ethereum ETFs have finally been approved by the U.S. Securities and Exchange Commission (SEC). This regulatory decision adds fuel to the market, a sense of

May 24, 2024 2 mins read

Shiba Inu Lead Developer Teases SHIB ETF Post Ethereum ETF Approval

Eight Spot Ethereum ETFs were authorized by the U.S. Securities and Exchange Commission (SEC) on Thursday, May 23, 2024, marking a significant milestone for the cryptocurrency sector. Lead developer Shytoshi Kusama of Shiba Inu was one among many who reacted to this news. Additionally, the developer suggested big ecosystem enhancements

May 24, 2024 1 min read

SEC Approves Spot Ethereum ETF Marking a New Milestone for ETH

The Securities and Exchange Commission (SEC) released an official statement approving the spot Ethereum Exchange-Traded Funds (ETFs) on May 23. The SEC’s statement was widely anticipated by the crypto community since the approval of spot Bitcoin ETFs. Exchanges that had applied for issuance rights were approved in the published report,

May 24, 2024 2 mins read

BONK Surpasses FLOKI with $2.5B Market Cap, What Lies Ahead?

The cryptocurrency market has recently surged, driven by the US Securities and Exchange Commission’s (SEC) approval of Ethereum ETFs. Among the top performers, Ethereum (ETH) has seen a 30% rise over the past month. However, other cryptocurrencies have also posted impressive gains, with some even surpassing Ethereum’s performance. One standout

May 24, 2024 2 mins read