Bitcoin is back above $70,000 for the first time in over a month as investors throw money at ETFs again—and hype over Ethereum ETFs grows.
SEC rumored to be reconsidering spot Ether ETF denial, say analysts
ETF analysts James Seyffart and Eric Balchunas said they had increased their odds of the SEC approving a spot Ether exchange-traded fund from 25% to 75%.
Ethereum ETF Approval?? What It Means for Investors
Ethereum is one of the most popular cryptocurrencies. Recently, there has been buzz about the potential approval of an Ethereum Exchange Traded Fund (ETF). This news has excited many in the crypto community. Let’s dive into what this means and how it could impact the market. What is an Ethereum ETF? An Ethereum ETF is […]
Here’s Why ETH Just Exploded 10% Back To $3400
Ether (ETH) surged 10% on Monday in the span of a few minutes following credible rumors that the asset could receive its own spot ETF in the United States within days. ETH traded for $3150 on Monday at 17:44 UTC, before surging to $3450 within 25 minutes. This followed a tweet from Bloomberg ETF analyst […]
Dogwifhat (WIF) Surges 10.4% Amid Whale Frenzy, New ATH Coming Soon?
The recent market pump saw the surge of many sectors in the crypto market. Fueled by Roaring Kitty’s return, part of the memecoin sector registered remarkable gains over the past week, with Tokens like Pepe (PEPE), Popcat (POPCAT), and Dogwifhat (WIF) leading the way. Due to its recent performance, some analysts forecast a new boost […]
Examining if XRP will be worth $0.70 anytime soon
XRP risks falling below key EMAs, and this may threaten the current bullish setup.
Grayscale CEO Michael Sonnenshein steps down
The post Grayscale CEO Michael Sonnenshein steps down appeared on BitcoinEthereumNews.com. Michael Sonnenshein has stepped down as CEO of Grayscale. Grayscale announced that Peter Mintzberg is the new CEO, effective August 15, 2024. Sonnenshein joined Grayscale in 2014 and was CEO from 2021, overseeing Grayscale’s successful lawsuit against SEC. Michael Sonnenshein has stepped down as […]
BTC Poised to Break Its ATH: Top Altcoins to Watch for Massive Post-Halving Gains
The post BTC Poised to Break Its ATH: Top Altcoins to Watch for Massive Post-Halving Gains appeared on BitcoinEthereumNews.com. Bitcoin is on track to surpass its previous all-time high, marking a thrilling phase for cryptocurrencies. As the market anticipates this monumental leap, investors are turning their attention to alternative coins that could follow suit and […]
New York Attorney General Secures $2B Settlement With Genesis
The post New York Attorney General Secures $2B Settlement With Genesis appeared on BitcoinEthereumNews.com. New York Attorney General Letitia James has reached a groundbreaking settlement with the cryptocurrency lender Genesis to redress defrauded investors. This comes after Genesis, formerly at the forefront of the Digital Currency Group, was ensnared in the wider industry fallout triggered […]
Borroe Finance: Reflecting on the GameStop Short Squeeze
The post Borroe Finance: Reflecting on the GameStop Short Squeeze appeared on BitcoinEthereumNews.com. First, let’s pour one out for the GME faithful. After a wild two-day short squeeze that saw the stock soar over 180% amid more halts than a senior citizen’s bathroom break, reality finally caught up with the meme dreamers. Other heavily-shorted names […]