Ethereum ETF Fast-Tracked by SEC Approval #Ethereum
The SEC has fast-tracked @ProSharesETF’s Ethereum ETF filing, with a decision due by July 2024. ProShares partners with Coinbase Custody for security. $ETH is trading at $3,671. #CryptoNews
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The SEC has fast-tracked @ProSharesETF’s Ethereum ETF filing, with a decision due by July 2024. ProShares partners with Coinbase Custody for security. $ETH is trading at $3,671. #CryptoNews
Bitcoin ($BTC) led last week’s digital asset inflows with $1.97B, pushing total inflows to $4.3B. Ethereum ($ETH) also surged with $69M due to SEC’s approval. #Crypto #Updates
Ethereum whale addresses holding 10,000+ $ETH surged by 3% in 3 weeks. Analysts predict an 83% rally if prices hold above $3,650, potentially reaching $4,000-$6,000. #CryptoNews #Ethereum
Bloomberg ETF analyst James Seyffart calls for FOIA requests into @SECGov’s approval of spot $ETH ETFs, suggesting political motives. He urges transparency from SEC Chair Gary Gensler. #Crypto #Ethereum
Bitcoin ($BTC) might hit a new ATH of $83K by June 12, driven by global economic trends and weak US jobs data. Ethereum ($ETH) lagging behind. #CryptoNews #Updates
ProShares filed with the SEC to list a spot Ethereum ETF on the NYSE, excluding staking activities to align with regulatory requirements. Expected approval by July 2024. #CryptoNews #Ethereum
SEC’s approval of spot $ETH ETFs signals mass adoption, but @FerrumNetwork CTO Taha Abbasi warns against assuming non-security status. Staking prohibitions could impact market appeal. #Crypto #Ethereum
VanEck sets a $22,000 price target for $ETH by 2030, citing its disruptive tech and anticipated Ether ETF approval. Ethereum could drive $66B in cash flows. #Ethereum #CryptoNews
Nocturne, a privacy-focused protocol for Ethereum backed by Vitalik Buterin, has shut down just four months after discontinuing its protocol. The company, which raised $6 million in funding, announced on June 5 that its website will remain open for withdrawals until the end of the month. In February, Nocturne halted its v1 protocol to focus on a new product, citing the immature state of the layer-2 ecosystem. The company noted that user concerns about cost and user experience must be addressed before prioritizing privacy. Nocturne aimed to enable private accounts on Ethereum, allowing users to send and receive cryptocurrency privately.… Read More »Nocturne Privacy Protocol Shuts Down: Vitalik Buterin-Backed
VanEck predicts $ETH will reach $22,000 by 2030, driven by its role in financial sectors and Big Tech, with 20M active users and $4T annual settlements. #CryptoNews
Ethereum’s scalability issues, including high fees and slow speeds, push users to Solana and Polkadot. Emerging solutions like sharding and rollups could help. #Ethereum $ETH #CryptoNews
Bitcoin surges past $69,000, ending June above $64,899, while Ethereum hits $3,800. Experts predict minimal corrections, indicating further upward momentum for both assets. #crypto #Bitcoin #Ethereum
SingularityNET merges with Fetch.ai and Ocean Protocol, enabling 200,000 token holders to swap $AGIX, $FET, and $OCEAN for $ASI starting June 11. Conversion rates vary. #AI #Blockchain
SEC approval of ETH ETFs marks a pivotal moment for Ethereum, solidifying its status in blockchain finance. With $100B in staked ETH, the DeFi market cap hits $104.55B. #Ethereum #DeFi