Ethereum (ETH) price witnessed an impressive upsurge in the past seven days, instigated by the SEC’s spot ETH ETF approval. As the week draws to a close, with the ETH approval not priced in yet, ETH struggles to surpass the $3,700 mark. Prices hit a monthly high of $3.9K on
The cryptocurrency market experienced bearish price action on Friday, despite the highly anticipated approval of the spot ETH ETF. This bearish sentiment suggests a prevalence of short selling in the market. However, Ethereum, the leading altcoin, managed to maintain its price above the $3,650 mark, indicating a persistent bullish sentiment
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,
Besides having a tremendous future in blockchain technology, Fantom’s (FTM) and Solana’s (SOL) fundamentals stand out. Moreover, their price movements have enjoyed recent upticks. However, a new contender in the market, DTX Exchange (DTX), has more to offer in terms of gains after and during its ongoing presale. Should investors
As the cryptocurrency market eagerly awaits the Securities and Exchange Commission’s (SEC) decision on the approval of the spot ETH ETF, the demand for Decentralized Physical Infrastructure (DePIN) tokens has surged. These tokens have garnered significant attention from investors, leading to increased price volatility in the crypto space. In this
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The crypto market has a long history of making millionaires out of investors. Many bull runs have returned million-dollar profits. Investors can expect lifetime opportunities as the market braces for another bull run. Bitcoin is striking an echoing bullish chord, music to investors’ ears, and the altcoins are ready to
Jeffery Wilcke, co-founder of Ethereum, deposited 10K Ether (ETH) into the Kraken Exchange during the Asian morning hours on Thursday. Wilcke has made multiple deposits of ETH since the beginning of 2024, drawing significant attention from the crypto community. The SEC deadline for the decisive update on spot Ethereum ETF
The crypto market has shown optimistic performances this week. Bitcoin, Ethereum and other Altcoins have shown upward trends in market price. With the Bitcoin Pizza day celebrated today, the leading cryptocurrency’s prices dipped down to the $69K mark. BTC witnessed a price recovery that snowballed to new monthly highs in
Dogecoin (DOGE), the popular meme coin, is poised for potential gains as the recent price increase has triggered a recovery in the market. The short liquidations observed over the past 24 hours have historically been followed by a rise in price, which could also be the case this time around.
