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Ethereum Rockets To $3,200: 'Next Areas Up Are $3,500 And $4,000,' Says Analyst
Monday, February 26, 2024 - 5:19pm | 673Ethereum (CRYPTO: ETH) surged to $3,200 for the first time since April 2022, up 3.6% on the day. The network awaits its Dencun upgrade in mid-March and a possible Ether spot ETF approval in May. What Happened: The Dencun upgrade in March, Bitcoin halving in April, and the spot...
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Will SEC's Comment Period On Fidelity's Spot Ethereum ETF Application Lead To Regulated Investment Options?
Thursday, November 30, 2023 - 7:10pm | 441The U.S. Securities and Exchange Commission (SEC) opened a forum for the public to comment on a proposed rule change that could allow asset management firm Fidelity to offer shares of its spot Ethereum (CRYPTO: ETH) exchange-traded fund (ETF). What Happened: In an official notice,...
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Binance Customers Don't Sweat $4B Fine, Crypto Exchange Maintains Market Position
Wednesday, November 22, 2023 - 9:46am | 431Following the settlement between Binance (CRYPTO: BNB) and the U.S. Justice Department, the cryptocurrency exchange witnessed a relatively minor outflow of funds — less than $1 billion. Customers, for the most part, didn't panic, and Binance maintains a leading position in the...
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Crypto ETF Expert Echoes Cathie Wood's Opinion: Multiple Spot Bitcoin ETF Applications Will Be Approved At The Same Time
Tuesday, October 24, 2023 - 2:33pm | 726Through the years, the U.S. Securities and Exchange Commission has dealt with proposals for exchange-traded funds (ETF) offering more exposure to Bitcoin (CRYPTO: BTC). The regulatory body rejected every application for a spot market Bitcoin ETF until now when it has started...