Bitwise Invest CEO hinted a major announcement likely about its spot Ether ETF which could launch before July 4th.
The US SEC has toned down its Ethereum regulatory crackdown ahead of the November elections that have significantly focused on crypto voters.
In a revised S-1 form filed with the SEC, Bitwise revealed new details about its Ethereum ETF, including a $2.5 million seed investment.
HashKey Global, a cryptocurrency exchange launched by Hong Kong’s HashKey Group for international customers, has entered the futures market with the launch of Bitcoin (BTC) and Ethereum (ETH) perpetual contracts.
This is the first time Ethereum scaling solutions have recorded such high TPS since the launch of the network in July 2015.
CrediBULL Crypto says that if Bitcoin price were to reach $100,000 in the near time, than Ethereum too would catch up rallying at least a 3x from the current levels.
The analysis states that Ethereum currently presents a strategic opportunity for traders. For the short term, QCP Capital reiterated its prediction of no major immediate price movements for ETH.
The possibility of regulatory approval for spot Ether exchange-traded funds (ETFs) has boosted Ethereum’s positive prospects.
The Jupiter founder also mentioned that Solana, another major blockchain network, might face similar issues if competition for blockspace increases.
10x Research stated that amid the ambiguity surrounding the Fed rate cuts for 2024, it believes that Bitcoin is better placed over altcoins, and inflows in ETFs are likely to continue.
The inevitable listing of spot Ethereum (ETH) ETFs in the United States has attracted significant attention from institutional investors amid the general crypto bullish sentiments.
Gas-free transactions remove a major hurdle for new DeFi users and simplify the trading process.
During its initial phase, MetaMask’s pooled staking service will cater to a limited user base, with plans for wider accessibility in the future.
This pre-launch momentum is further fueled by Zircuit’s staking program, which collects liquidity in anticipation of the mainnet launch.
QCP Capital highlights the possibility of the US Federal Reserve being pressured to follow suit with other Central banks.