Bloomberg ETF analyst Eric Balchunas predicted on X that July 18 would be the “best guess” for the spot Ethereum ETF launch. This comes after the Securities Exchange Commission (SEC) issued S-1 amendments, which required companies to amend their registration statements and submit their applications. Balchunas Notes Minimal Changes in Latest Filing In the latest series of amendments filed by asset managers regarding spot Ethereum ETFs, Eric Balchunas described the changes as...
Read More »Ethereum (ETH) Gearing up for a New ATH After the Market Crash (Analysts)
TL;DR Ethereum briefly fell below $3,000 but has since recovered, with bullish predictions targeting prices up to $8,000. Optimism is partly driven by the potential launch of spot ETH ETFs in the US, expected by some industry participants as early as mid-July. The Next Target The cryptocurrency market decline witnessed at the end of last week and the start of the new one has negatively affected Ethereum’s (ETH) price, which briefly tumbled below the $3,000 mark. In the past...
Read More »Arbitrum (ARB) Might Be Worst Performing Ethereum L2, Here’s Reason
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Read More »Ether Traders Highly Bullish After the Asset Ventured Below $3,000
Ether dipped to below $2,900 last week, fluctuating around $3,000 the following days. This price decrease has Ether holders worried about the coming period, with many believing the bull market has come to an end. The interest in the asset is noticeably declining market-wide despite news of an imminent approval for spot Ether ETFs in the US. Traders hold the belief that the asset’s price will continue dipping despite the ETF launch expected to come soon—many feel the SEC will approve issuance...
Read More »Buy the Bitcoin Dip? Investors Seize Opportunity and Drive $441M Inflows: CoinShares
The recent price weakness triggered by Mt. Gox and the German Government’s selling pressure was likely perceived as a buying opportunity, as evidenced by the inflow of $441 million in digital asset investment products over the past week. During the same period, Exchange Traded Products (ETPs) recorded low volumes of $7.9 billion for the week, which is consistent with the usual summer dip. This also represents a 17% lower participation rate compared to the total market for...
Read More »SSV Network Hits New Milestone with 1M ETH Staked
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Read More »Tron Network Tops Blockchains with Most Active Addresses in Past 24 Hours, TRX Price on Rise
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Read More »Ether Back Above $3K amid Approaching Spot ETH ETF Approval
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Read More »PancakeBunny Hacker Funnels $2.9M in ETH via Tornado Cash Years after Flash Loan Attack
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Read More »Ethereum ICO Pioneer Golem Transferred $100M ETH to Exchanges in Past 1 Month
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