Eric Balchunas Moves Spot Ethereum ETF Launch Date, Ethereum Coins Like DTX Exchange and Chainlink Projected To Soar
The post Eric Balchunas Moves Spot Ethereum ETF Launch Date, Ethereum Coins Like DTX Exchange and Chainlink Projected To Soar appeared on BitcoinEthereumNews.com.
Eric Balchunas has made a big announcement in the crypto space—he is changing the expected date of a spot Ethereum (ETH) ETF approval to July 2. This news excites traders because now more people will pay more attention to Ethereum coins. Some of those coins that are likely to skyrocket include DTX Exchange (DTX) and Chainlink (LINK). Let’s see why. Eric Balchunas: The Spot Ethereum ETF Launch May Come Soon Ethereum (ETH) has recently made headlines in the crypto market. According to ETF analyst Eric Balchunas, the spot Ethereum ETF launch may come sooner than expected – July 2, 2024. In his X post, he states that he came to this conclusion after hearing staff issuers’ comments on the S-1s, which were light and nothing major. This Ethereum news could trigger a bullish rally for this crypto. Ethereum’s value has increased by over 100% in the past 12 months. Additionally, ETH is now trading above its 100— and 200-day EMAs while having 16 technical indicators in the green. Thus, experts predict the Ethereum coin will trade at $4,000 before Q2 of 2024 ends. DTX Exchange (DTX): A Rising Star in the Ethereum Token Space Meanwhile, DTX Exchange (DTX) is growing as one of the most promising Ethereum-based coins. This state-of-the-art trading platform combines features from DEX and CEX to create a unique trading experience for its users. For example, traders gain access to over 120,000 asset classes, such as stocks, bonds and cryptos, which are unmatched in any other exchange. One of the most desirable features of DTX Exchange is that, unlike Coinbase, it does not require any sign-up KYC checks. Therefore, traders remain anonymous while trading their favorite assets. Additionally, they experience lightning-fast execution with transaction speeds as low as 0.04 seconds – a significant advantage over its peers.…
Filed under: News - @ June 18, 2024 3:26 pm